Why Goldman Suddenly Turned Neutral on EPAM Systems, Inc. (EPAM)

4 days ago 10

Rameen Kasana

Mon, May 11, 2026 astatine 12:03 PM CDT 2 min read

EPAM Systems, Inc. (NYSE:EPAM) is among the best high-return exertion stocks to bargain now. On May 8, Goldman Sachs importantly chopped the terms people connected EPAM Systems, Inc. (NYSE:EPAM) to $110 from $215 and downgraded the banal from Buy to Neutral. According to the firm, the institution is experiencing stronger-than-expected pressures connected discretionary spending, which are adversely impacting its customized applications conception and broader services business. The expert further added that the continued deficiency of discretionary spending momentum among customers volition perchance “pose headwinds for the foreseeable future.”

A time earlier, EPAM Systems, Inc. (NYSE:EPAM) delivered its Q1 results, outperforming EPS and gross by $0.11 and $0.01 billion, respectively. The company’s gross besides accrued 7.6% YoY. Despite this, the banal fell 3.71% successful pre-market trading.

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What stood retired the astir successful its results was the coagulated maturation successful AI services, which contributed implicit $125 cardinal successful the archetypal quarter. Looking ahead, EPAM Systems, Inc. (NYSE:EPAM)’s strategical concern with Anthropic is expected to accelerate endeavor AI transformations, positioning the institution arsenic 1 of the champion high-return exertion stocks to bargain now. As stated by CEO Arkadiy Dobkin,

“Our absorption connected AI capabilities positions america good for sustained maturation contempt marketplace challenges.”

EPAM Systems, Inc. (NYSE:EPAM) is simply a Pennsylvania-based supplier of integer level engineering and bundle improvement services. Founded successful 1993, the institution offers engineering, cloud, marketing, and cybersecurity services, among others.

While we admit the imaginable of EPAM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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