EPAM Systems is undergoing a tough transition as AI disrupts its traditional software services, with AI-related revenue now 11% of Q2 2026 sales. However, much of this AI work replaces older services, limiting short-term growth. Despite this, EPAM's strong cash position and aggressive share buybacks at attractive valuations (EV/EBITDA 7x, P/CF 11x) present a good investment opportunity. The analyst rates EPAM as a Buy, expecting a 62% price increase by 2028, with downside risks already factored in and capital returns providing a safety margin during this shift.
Following the news on EPAM Systems' strategic shift and buybacks, the stock trades at USD 113.13 on Pluang as of Oct 13, 2026, 00:42 WIB, showing a slight 0.10% decrease in one day. The company’s market cap stands at $5.84 billion, with a 52-week trading range between $76.04 and $221.40. Investors on Pluang typically hold EPAM shares for about 37 days, reflecting moderate trading activity.
