Is EPAM a good stock to buy?
We came across a bullish thesis on EPAM Systems, Inc. on The Mispricing Desk’s Substack
In this article, we will summarize the bulls’ thesis on EPAM. EPAM Systems, Inc.’s share was trading at $96.72 as of June 8th. EPAM’s trailing and forward P/E were 14.02 and 7.44 respectively according to Yahoo Finance.
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. EPAM is being increasingly mispriced as the market extrapolates generative AI disruption into a near-term collapse in outsourced engineering demand, despite current financial performance suggesting a far more resilient operating backdrop. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential The company reported Q1 revenue of $1.400 billion, growing 7.6% year over year, with non-GAAP diluted EPS of $2.86 and a solid 14.3% non-GAAP operating margin, indicating that profitability remains intact even through a period of demand uncertainty. While full-year revenue growth guidance was modestly revised to 4.0%–6.5% and EPS guidance to $12.98–$13.28, the underlying business continues to expand, supported by a strong balance sheet with approximately $1.043 billion in cash and only $165 million in debt, leaving a substantial net cash position.