How does a technology company turn up the heat on Wall Street’s expectations? EPAM Systems just showed everyone how it’s done, delivering numbers that made investors sit up and take notice.
The IT services giant reported third-quarter revenue of $1.394 billion, beating the expected $1.38 billion like a student acing a pop quiz. Year-over-year growth hit 19.4%, proving the company’s momentum isn’t slowing down anytime soon. Adjusted earnings per share reached $3.08, topping estimates of $3.03 and adding another win to EPAM’s scorecard.
But here’s where things get really interesting. EPAM didn’t just meet expectations and call it a day. The company cranked up its full-year forecast for the third time in 2025, raising revenue growth projections to 14.8%-15.2% from the previous 13.0%-15.0% range.
EPAM cranked up their forecast for the third time, boosting revenue projections like a company that can’t stop exceeding its own ambitious targets.
Adjusted earnings forecasts jumped to $11.36-$11.44 per share, up from $10.96-$11.12. That’s like a teacher bumping up the class grade curve because everyone’s performing better than expected.
What’s driving this success story? Companies everywhere are rushing to embrace artificial intelligence and modernize their old computer systems. EPAM has positioned itself as the go-to helper for businesses trying to navigate this digital transformation journey.
From financial services to healthcare, clients are spending big on AI-driven engineering and cloud technology upgrades. The company maintains consistent demand across financial services, software, and consumer sectors.
The company’s confidence shows in its actions too. EPAM announced a hefty $1 billion share repurchase program, fundamentally telling shareholders they believe in their own success story. It’s like putting your money where your mouth is on a grand scale.
Wall Street responded with enthusiasm, sending EPAM shares up over 4% in premarket trading. The stock price climbed near $179 as investors digested the positive news. However, the stock has faced recent volatility with declines of 16.74% over the past month despite the earnings momentum.
Even competitors like Cognizant are raising their profit expectations, suggesting the entire IT services industry is riding a wave of strong demand.
EPAM’s specialty in complex, regulated industries and AI integration has created a competitive advantage that’s paying dividends. For investors interested in trading these market movements, the forex market operates 24 hours a day across global sessions, allowing continuous access to currency pairs related to technology sector investments.
As businesses continue their digital makeovers, EPAM appears well-positioned to keep exceeding expectations and surprising Wall Street with its performance.
