Has The Time Arrived To Buy This Mid Cap Stock-EPAM

Acrobull Canada Advisory Inc.

July 18			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
EPAM Systems Inc.	EPAM-NYSE	Technology		$9.318 Billion	Medium

EPAM Systems, Inc. delivers global digital platform engineering and software development services. The company provides a range of engineering services, including requirements analysis, platform selection, customization, cross-platform migration, implementation, and integration. Additionally, EPAM offers cloud services to help clients develop a roadmap for aligning IT and business goals while exploring new and emerging cloud opportunities.

Projection

Second Year Guidance- The Company anticipates second-quarter revenues to fall between $1.325 billion and $1.340 billion, reflecting a year-over-year growth of 16.2% at the midpoint. On an organic constant currency basis, the expected year-over-year revenue growth is 3.8% at the midpoint of the range.

For the second quarter, EPAM projects GAAP income from operations to be in the range of 9.0% to 10.0% of revenues, while non-GAAP income from operations is expected to be between 14.0% and 15.0% of revenues.

First Quarter 2025 Highlights

Revenue- In the first quarter, EPAM Systems reported revenues of $1.302 billion, marking an 11.7% increase year-over-year.

GAAP Income- GAAP income from operations accounted for 7.6% of revenues, while non-GAAP income from operations was 13.5% of revenues.

GAAP Earnings- GAAP diluted earnings per share (EPS) were $1.28, a decrease of $0.69 compared to the previous year, while non-GAAP diluted EPS was $2.41, down by $0.05 year-over-year.

CCR- Driven by strong organic constant currency revenue growth in the first half of 2025 and updated foreign exchange rate assumptions, EPAM has raised its full-year revenue growth forecast to a range of 11.5% to 14.5% for 2025.

Stock Observation- EPAM Systems continues to demonstrate strong growth, with first-quarter revenues of $1.302 billion, reflecting an 11.7% year-over-year increase. Looking ahead, the company projects second-quarter revenues between $1.325 billion and $1.340 billion, indicating a robust 16.2% year-over-year growth at the midpoint, driven by steady organic performance. The RSI level for the stock is at 38 which shows close to oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$164.48 USD
Acrobull Recommendation	Buy
Target Price	$178.25 USD
RSI Level	14 Day RSI 38
Total Shares Outstanding	56.65 Million
Shares held by Insiders Shares held by Institutions Risk Factor Stop Loss	3.54% 95.16% Medium 5%