At FinancialMediaGuide, we note that EPAM Systems’ revised forecasts reflect growing demand for digital and IT services, despite global economic uncertainty. The company has raised its adjusted earnings forecast for 2026 to $12.98-$13.28 per share, compared to the previous $12.60-$12.90, while the Q2 earnings forecast is $3.10-$3.18 per share, exceeding analysts’ expectations. This demonstrates the resilience of the business model and the company’s ability to effectively monetize clients’ investments in digital transformation and AI.
CEO Balazs Fejes emphasized that the company is actively integrating artificial intelligence not only into client projects but also into internal processes, creating long-term competitive advantages. At FinancialMediaGuide, we believe this strategy allows EPAM to remain a leader in consulting and software development, particularly in the corporate market for AI- and cloud-based solutions.
The company’s Q2 revenue is forecasted at $1.40–$1.42 billion, slightly below expectations of $1.43 billion. At the same time, Q1 revenue reached $1.40 billion, fully meeting analysts’ expectations, while adjusted quarterly earnings were $2.86 per share, surpassing the forecast of $2.75. At FinancialMediaGuide, we see this as confirmation of the company’s high operational efficiency and successful implementation of AI and cloud projects for the corporate segment.
EPAM continues to offer a comprehensive range of services, including consulting, software development, cloud solutions implementation, and AI projects. In our view, this approach ensures EPAM’s sustainable leadership in the market and attracts large corporate contracts. Moreover, EPAM forecasts revenue growth of 4-6.5% in 2026, reflecting continued demand for digital transformation and AI projects even amid economic uncertainty.
Based on current performance and strategic initiatives, Financial Media Guide forecasts that EPAM will continue to strengthen its position in the international market, maintain sustainable profit growth, and remain an attractive company for investors in the IT consulting and technology sector. Investments in AI and cloud technologies will be key drivers of the company’s competitiveness and long-term profitability.
