EPAM Systems: Reevaluating Valuation After 18% Share Price Surge

Wednesday, Dec 3, 2025 1:28 am ET1min read

EPAM Systems has risen 18% over the past month, but the year-to-date share price return remains negative. Despite trading below analysts' price target and some estimates of intrinsic value, delivering solid double-digit earnings growth, the market may already be pricing in a full recovery. The stock is undervalued, with a fair value estimate of $207.88, but rising AI automation and intensifying competition from hyperscalers could curb demand for EPAM's custom services and challenge revenue growth and margin expansion.

EPAM Systems: Reevaluating Valuation After 18% Share Price Surge

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