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EPAM Systems Appoints Balazs Fejes as New CEO

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EPAM Systems Appoints Balazs Fejes as New CEO

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Epam Systems ( (EPAM) ) has issued an update.

On August 27, 2025, EPAM Systems’ Board of Directors approved the transition of Arkadiy Dobkin to Executive Chairman and appointed Balazs Fejes as CEO and President, effective September 1, 2025. Mr. Fejes, who joined EPAM in 2004, will receive an annual base salary of $850,000 and a grant of restricted stock units valued at $670,000. The Board also amended the company’s bylaws to increase the maximum number of directors from ten to eleven, effective September 1, 2025.

The most recent analyst rating on (EPAM) stock is a Buy with a $199.00 price target. To see the full list of analyst forecasts on Epam Systems stock, see the EPAM Stock Forecast page.

Spark’s Take on EPAM Stock

According to Spark, TipRanks’ AI Analyst, EPAM is a Outperform.

EPAM Systems demonstrates strong financial performance with robust revenue growth and profitability. The positive earnings call sentiment and technical indicators suggest a favorable outlook, although valuation concerns and seasonal pressures present risks. The company’s strategic focus on AI and geographical expansion positions it well for future growth.

To see Spark’s full report on EPAM stock, click here.

More about Epam Systems

EPAM Systems, Inc. operates in the information technology industry, providing software engineering and IT consulting services. The company focuses on delivering digital transformation solutions to various market sectors, including financial services, healthcare, and retail.

Average Trading Volume: 699,782

Technical Sentiment Signal: Sell

Current Market Cap: $9.82B

See more data about EPAM stock on TipRanks’ Stock Analysis page.

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