EPAM Earnings

EPAM reported its earnings on 2026-02-19, showcasing a revenue of 1.41B against an estimate of 1.39B, resulting in a 1.26% surprise. The EPS was 3.26, surpassing the expected 3.17 by 2.84%. The stock experienced a -17.01% price change on the earnings day and a -23.18% change over the next five days, reflecting market reactions to the results.

Following EPAM's earnings announcement on 2026-02-19, the stock price moved by -17.01% on the day of the release. Over the subsequent five days, it saw a -23.18% change. Historically, EPAM's stock price tends to shift by an average of 6.58% in the 10 days leading up to earnings and 1.51% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate EPAM's annual revenue to reach 1.40B, while the EPS is projected at 2.76. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between EPAM's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, EPAM's stock price typically moves by 6.58% in the 10 days before its earnings and 1.51% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 2.76 and revenue of 1.40B.

The earnings call shows a mix of positive and negative elements. While there is optimism around AI-native services and potential growth in financial services, there are concerns about slower growth due to client declines and elongated sales cycles. The cautious guidance and lack of clear acceleration timelines contribute to a neutral outlook. The absence of a market cap makes it difficult to gauge the exact impact, but the mixed signals suggest a neutral stock price movement.