{
  "id": 18502680,
  "title": "Guggenheim raises EPAM Systems stock price target on AI deals",
  "url": "https://urgent.news/2026/11/06/guggenheim-raises-epam-systems-stock-price-target-on-ai-deals",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-06T13:08:53.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/guggenheim-raises-epam-systems-stock-price-target-on-ai-deals-93CH-5007969"
  },
  "original_language": "en",
  "account": "Guggenheim upgraded its EPAM Systems (NYSE:EPAM) stock price target to $190 from $160 on Wednesday, while keeping a Buy rating. The investment firm highlighted the company's strong third-quarter 2026 results that surpassed its guidance for revenue, margin, and earnings per share. Currently trading at $165.70, EPAM's stock has risen about 55% over the past six months. The firm noted three significant AI-driven multi-year deals closed during the quarter. EPAM forecasts a trough growth phase in the fourth quarter of 2026, with organic growth expected to rise in the first quarter of 2027 and continue through 2027. In addition, the company announced a $500 million accelerated share repurchase program, which represents approximately 7% of its market capitalization. Analyst Jonathan Lee stated that the large-deal proof points in the quarter provided investors with the evidence needed to back his Buy rating. The buyback is part of a new long-term capital allocation framework that underscores management's confidence in the business outlook. The stock's risk-reward profile is viewed as positively skewed due to emerging signs of accelerated organic growth.",
  "summary": null,
  "key_points": [
    "Guggenheim raises EPAM Systems stock price target to $190 from $160",
    "Company reports strong Q3 2026 results exceeding revenue, margin, and EPS guidance",
    "EPAM closed three significant AI-driven multi-year deals in the quarter"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}