Added to YB: 2024-07-17
Pitch date: 2024-07-17
EPAM [bullish]
EPAM Systems, Inc.
-2.63%
current return
Author Info
No bio for this author
Company Info
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide.
Market Cap
$9.9B
Pitch Price
$211.41
Price Target
237.00 (+13%)
Dividend
N/A
EV/EBITDA
11.61
P/E
27.33
EV/Sales
1.66
Sector
IT Services
Category
growth
EPAM Systems (EPAM) Set for Significant Growth with AI Catalysts on the Horizon
EPAM upgraded to Buy, PT $237. Consensus estimates reset, valuation near all-time low at 18x 2025E EPS. Demand troughing, mgmt guidance de-risked. AI catalyst potential. Growth to accelerate: -1.5% 2024, 7.5% 2025, mid-teens 2026, 20%+ 2027. Multiple expansion to 30-35x by 2027. Upside potential: stock could double in 3 years. Risks skewed to upside, limited downside from current levels.
Read full article (5 min)