EPAM Systems, Inc. has garnered mixed reactions from various market experts. The stock, listed on the NYSE as
EPAM, underwent substantial changes recently. Positive sentiments reflect its potential underestimation by the market, with Price T Rowe Associates and the Manufacturers Life Insurance Company boosting their stock positions.
EPAM also expanded its geographical footprint, particularly in India, Latin America, and Germany, being recognized as a top IT sourcing vendor multiple times.
AI applications and
digital transformations have been central to EPAM’s exciting advances; it's leveraging these for life sciences and healthcare. Despite positive indications, the company faced significant challenges. Its earnings benchmarks were lowered by Piper Sandler and the company experienced an increase in
short interest. Furthermore,
EPAM even adjusted its full-year outlook due to mixed Q1 results, and its share price suffered. The company is investing in tech platforms like CloudFrame for Intelligent COBOL, Microsoft for enterprise integration, and Deltix CryptoCortex Trading Platform, demonstrating its inventive undercurrent. Finally, the company was named one of Newsweek's 2024 Top 100 Most Loved
Workplaces, affirming its robust corporate culture.
Epam Systems EPAM News Analytics from Tue, 26 Sep 2023 07:00:00 GMT to Sun, 16 Jun 2024 22:21:47 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor -3
