EPAM Systems, Inc.’s Stock Price Dips to $172.28, Recording a 4.75% Decrease: A Comprehensive Performance Analysis

EPAM Systems, Inc. (EPAM)

172.28 USD -8.59 (-4.75%) Volume: 1.49M

EPAM Systems, Inc.’s stock price stands at 172.28 USD, experiencing a trading session drop of 4.75%, with a trading volume of 1.49M shares. Its Year-to-Date performance shows a significant decline of 26.32%, indicating a volatile market for EPAM.

Latest developments on EPAM Systems, Inc.

Epam Systems stock price is expected to see movement today following key events in the company. One such event is the article titled “Redefining APIs and Microservices: How an EPAMer is Making a Difference”, which showcases the company’s innovative approach to technology. Additionally, the Trend Tracker for Epam highlights the company’s growth potential in the market. The importance of FAIR data for AI success in healthcare, as discussed in another news piece, also sheds light on Epam’s focus on data-driven solutions. Furthermore, the announcement of the BIMA Digital Day 2024 Winners, where students tackled challenges from Burberry, Microsoft, and RSPCA, demonstrates Epam’s commitment to nurturing young talent and staying at the forefront of digital innovation.

EPAM Systems, Inc. on Smartkarma

Analysts at Baptista Research have published a bullish research report on Epam Systems Inc., a global leader in software development and digital platform engineering services. The report, titled “EPAM Systems Inc.: An Analysis Of Its Global Expansion & Diverse Delivery Locations & Other Major Drivers,” highlights the company’s strong third-quarter 2024 results. The revenue growth reported by Epam Systems exceeded analysts’ expectations, indicating potential market stabilization. The company’s increased customer engagement across various verticals, including life sciences, healthcare, financial services, software, and biotech, played a significant role in driving this growth.

A look at EPAM Systems, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

EPAM Systems, Inc. provides a wide range of software development and outsourcing services. According to the Smartkarma Smart Scores, the company has strong value and resilience scores, indicating a positive long-term outlook in terms of its financial stability and ability to weather market fluctuations. Additionally, EPAM Systems has a moderate growth score, suggesting potential for expansion and development in the future. However, the company’s low dividend score may deter income-focused investors looking for regular payouts.

Overall, EPAM Systems seems well-positioned for continued success in the software development industry, with solid value and resilience metrics. While the company may not offer high dividends, its growth potential and momentum indicate promising prospects for the future. Investors looking for a stable and growth-oriented technology stock may find EPAM Systems to be a compelling choice based on the Smartkarma Smart Scores.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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