EPAM Systems Inc vs Iris Energy Limited — how do they compare? EPAM Systems Inc trades at $85.82 (market cap $4.49B), while Iris Energy Limited trades at $35.41 (market cap $13.68B). The key difference: Iris Energy Limited is far larger — about 3× EPAM Systems Inc's market cap, and Iris Energy Limited is trading nearer its 52-week high, EPAM Systems Inc nearer its low. Which is the better fit depends on your goals.
| EPAM | IREN | |
|---|---|---|
Market Cap | $4.49B | $13.68B |
Sector | Technology | Energy |
52-Week High | $221.40 | $76.41 |
52-Week Low | $76.04 | $15.40 |
Enterprise Value | $3.74B | $15.43B |
Signals from Pluang's Aura AI — not financial advice
EPAM Systems trades at $87.22, up 3.22% today, with strong analyst support (65% buy ratings) and a consensus price target of $128.55 suggesting 47% upside. The stock shows attractive valuation metrics with P/E of 12.35 and P/S of 0.86, though technical indicators signal bearish momentum. Recent quarters show consistent earnings beats, with Q1 2026 EPS of $2.86 exceeding expectations by $0.11. The company maintains solid profitability with 6.96% net margin and 10.93% ROE.
EPAM presents a compelling value opportunity with significant upside potential based on analyst targets, though near-term technical weakness and recent index reclassification from S&P 500 to SmallCap 600 create headwinds. The company's AI transformation expertise and strong client partnerships position it for growth, but investors should monitor execution risks and competitive pressures in the IT services sector.
IREN is trading at $36.28, down 5.99% in the last session, amid a bearish technical outlook with selling pressure across moving averages. The company shows strong revenue growth projections, with 2026 revenue expected to reach $757 million and net profit margin improving to 20.87%. Recent executive appointments and AI infrastructure expansion signal strategic transformation, though the stock faces execution risks and negative profitability metrics.
The investment case hinges on IREN's successful pivot to AI cloud infrastructure, supported by analyst consensus of $79.11 price target and 71% buy ratings. However, negative ROE (-9.58%) and consecutive earnings misses present significant execution risks, while technical indicators suggest near-term pressure with support at $35.
Trailing returns across standard periods
Latest headlines on both assets
EPAM Systems Inc provides software product development and digital platform engineering services to clients located around the world. The company services include Software Product Development, Custom Application Development, Application Testing, Enterprise Application Platforms, Application Maintenance, and Support and Infrastructure Management. The company focuses on innovative and scalable software solutions. The company uses industry standard and custom developed technology, tools, and platforms to deliver results to handle business challenges. The company primarily offers its solutions in the following industries: financial services, travel and consumer, software and hi-tech, life sciences and healthcare. The majority of revenue is generated from North American clients.
Read more on EPAM →Iris Energy is a next-generation data center company that powers Bitcoin mining and AI workloads using 100% renewable energy. It focuses on building sustainable infrastructure for the global digital economy.
Read more on IREN →