EPAM Systems (EPAM) Q2 2026 earnings — TrendMatrix coverage

Adjusted EPS

$3.38

Estimate

$3.14

Surprise

+7.6%

Revenue (period 2026-06-30)

$1.41B

Score at report (before → after)

6.1 → 6.0/10

Revenue source: xbrl.

EPAM Systems (EPAM) beat the $3.14 estimate with adjusted EPS of $3.38 — a clear 7.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Hold at 6.0/10 after the report — the engine's score fell despite the beat.

TrendMatrix currently rates EPAM Sell at 6.1/10.

4 of the last 4 quarters beat the estimate; this quarter's +7.6% surprise compares with a +4.1% four-quarter average. Next scheduled report: 2026-11-05.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$115.50

Price target

$119.46

Stop

$107.42

Upside to target

+3.4%

Model outputs from TrendMatrix’s engine as of 2026-10-14 — shown for context, not personalized investment advice.

Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.

Industry

Information Technology Services

Market cap

$5.96B

P/E (fwd)

8.2

P/E (ttm)

15.7

52-week range

$73.06–$222.53

Off 52-week high

48.1%

RSI (14)

59

Volume vs avg

0.77×

Score today

6.1/10