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Why EPAM Systems Stock Just Crashed

TheMotleyFool 
0 0 19.02.26
Why EPAM Systems Stock Just CrashedPhoto, wide shot, wide-angle lens, soft focus, IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
 

IT consultant EPAM Systems (NYSE: EPAM) stock tumbled 18.4% through 10 a.m. ET Thursday despite beating on both sales and earnings this morning.

Heading into the company's Q4 earnings report, analysts expected EPAM to earn $3.16 per share on sales just under $1.4 billion. EPAM actually earned $3.26 per share, and on sales just over $1.4 billion.

Image source: Getty Images.

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Source Fool.com

Epam Systems Inc. Stock

€84.32
-1.080%
We can see a decrease in the price for Epam Systems Inc.. Compared to yesterday it has lost -€0.920 (-1.080%).
With 26 Buy predictions and not a single Sell prediction Epam Systems Inc. is an absolute favorite of our community.
As a result the target price of 152 € shows a very positive potential of 80.27% compared to the current price of 84.32 € for Epam Systems Inc..
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