EPAM Systems: Growth Acceleration Shouldn't Be Ignored (Rating Upgrade)
Summary
EPAM Systems returned to more confident organic growth in Q2. While the macroeconomic backdrop is still uncertain, AI in...
EPAM Systems returned to more confident organic growth in Q2. While the macroeconomic backdrop is still uncertain, AI investments seem to be paying off. The company raised the 2025 guidance for the second time, and I believe that a third raise may be coming in the next report. Profitability has seen pressure from recent acquisitions and higher compensation, but such pressure should remain temporary.