The discourse around
EPAM Systems is shifting due to new projections from analysts and updates from the company itself.
EPAM has authorized a $1 billion stock repurchase program, which has caught the interest of Creekmur Asset Management LLC and several other firms, leading them to purchase more shares of the company.
Buybacks, Q3 outlook, and the release of the AI platform
.Transform are all factors attracting attention to EPAM. Expectations of the company's forthcoming earnings announcement are high due to new strategic partnerships, AI initiatives, and digital transformations. The company's new CEO,
Balazs Fejes, is focusing on engineering and AI for the company's future. In the meantime, Shareholders like
Whalen Wealth Management Inc. and Bessemer Group Inc. are increasing their investments in EPAM. Several studies have highlighted the potential obstacles to AI adoption, where EPAM stands out as a leading IT service provider in different regions. The company has recently made several key expansions, including a board expansion, lifting its annual forecasts thanks to AI-driven demand, and strengthening its presence in India and Azerbaijan. Despite some negative reviews, EPAM maintains a strong financial outlook, reflected in the upticks in stock purchases and strategic collaborations.
Epam Systems EPAM News Analytics from Wed, 15 Jan 2025 08:00:00 GMT to Sat, 01 Nov 2025 12:00:00 GMT -
Rating 8
- Innovation 9
- Information 7
- Rumor 6
