EPAM Systems (EPAM) has seen various movements in its stock price, with multiple financial institutions such as Stifel, Scotiabank and Barclays lowering their price target amidst market uncertainties. Yet, the company continues strengthening strategic collaborations with industry giants like AWS and Google Cloud enhancing their expertise in Generative AI. As part of its global expansion, EPAM remains focused on its Indian market, planning to increase its workforce strength to 10,000 by March 2025.
EPAM showed a notable performance in various IT sourcing studies and was even awarded the 2025 Google Cloud Industry Solutions Partner of the Year for Oil and Gas. It also expanded its presence in the energy sector, transforming it using advanced AI implementations. Even though the company's shares experienced a significant fall, the strong financial prospects keep attracting investors.
Despite the company’s falling stock, they're aiming for a quick rebound owing to their active innovation in AI and Cloud Technologies. EPAM Systems seems to be living up to their reputation as a leading global provider of digital platform engineering and software development services, even with current fluctuations in their market value.
Epam Systems EPAM News Analytics from Mon, 07 Oct 2024 07:00:00 GMT to Fri, 02 May 2025 20:00:50 GMT - Rating 4 - Innovation 6 - Information 8 - Rumor -3
