EPAM Systems' (EPAM) continues to make significant strides in its market presence and operations. The firm recently confirmed their expansion into the
Ibero-America unit and a renewed collaboration with
Oracle to stimulate the embrace of
AI-powered Cloud solutions. In the financial aspect, EPAM revealed a new
$700 million credit agreement. It also triumphantly reaffirmed the top IT services vendor in Switzerland for the fifth time consecutively by Whitelane Research. An insider selling cast a small shadow over the good news, but the company handled it by announcing new CEO,
Balazs Fejes, who brings in extensive engineering and AI knowledge. Furthermore, EPAM raised the revenue outlook for Q2 2025 and Q1 2025. The firm's collaboration with BOSS and the subsequent launch of Apple Vision Pro transmit a new narrative in the investment market. Even with some underperformance and a 7% dive due to Morgan Stanley's lowered price target, Wall Street still maintains a bullish outlook on EPAM. Despite a few hitches, EPAM seems to be on a trajectory of growth and success.
Epam Systems EPAM News Analytics from Tue, 26 Nov 2024 08:00:00 GMT to Sat, 11 Oct 2025 00:49:44 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 2
