EPAM Systems has demonstrated noteworthy performance in Q1 2025, lifting its full-year
revenue outlook following significant
revenue growth. The firm's growth has been largely fueled by
increased demand for its
technical expertise. Despite a decrease in profits, EPAM did surpass profit
estimates. Trading performance surpasses competitors, and
forecasts rise again as demands outpace rivals. Major market adjustments, including price targets, have been made in response to this by Morgan Stanley, Piper Sandler, Needham, and Guggenheim. Revenues for Q1 surpassed estimates, with growth attributed to
strategic IT transformation and the incorporation of
AI into their business model. A
leadership transition has been put in motion with the announcement of a new CEO. EPAM Systems remains committed to innovation and excellence, confirmed by its award-win in 2025 from Acquia Engage for its 'Mars.com Platform Redesign'. The company is also leading the digital transformation with the enhancement of its agreement with AWS to focus on
generative AI. EPAM, while experiencing several challenges amidst a fluctuating market, maintains a positive
growth outlook, setting higher expectations for Q2 performance.
Epam Systems EPAM News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 10 May 2025 08:18:26 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor 4
