12 Most Oversold Large Cap Stocks to Invest in Now

4. EPAM Systems, Inc. (NYSE:EPAM)

Relative Strength Index: 25.99

EPAM Systems, Inc. (NYSE:EPAM) is a global provider of digital engineering, software development, and consulting services. The business provides comprehensive solutions that cover platform engineering, cloud services, digital transformation strategy, product design, and custom software development. Clients of the company come from a wide range of sectors, including technology, media, retail, healthcare, and financial services. Using a distributed global delivery approach, it combines engineering talent, agile methodology, and deep domain experience.

The Q4 2024 results of EPAM Systems, Inc. (NYSE:EPAM) were better than anticipated. The company’s reported revenues of $1.25 billion represented a 7.9% YoY growth. With an organic constant currency increase of 1%, the company had its first organic revenue growth since Q1 2023. With 75% of the top 100 clients now involved in GenAI efforts, the performance was characterized by gains in client sentiments across all sectors and countries, especially regarding AI-related skills. Five verticals showed sequential growth, particularly in the areas of financial services, software and hi-tech, life science and healthcare, and emerging verticals. Four of the six verticals grew on a year-over-year basis. Geographically, Europe demonstrated organic sequential sales growth, while the Americas and APAC led growth year over year.

With an anticipated 10% inorganic contribution, EPAM Systems, Inc. (NYSE:EPAM) anticipates sales growth of 10% to 14% by 2025. The business does, however, expect some margin pressure as a result of the required expenditures in personnel retention, critical skills, GenAI development, and recent acquisition integration. The business is cautiously enthusiastic about 2025, but it thinks it will be a transformative year that strikes a balance between cost sensitivity and growing demands for discretionary spending. Recent acquisitions of NEORIS and First Derivative have greatly expanded the company’s global delivery presence, adding around 6,000 employees across Latin America, Canada, Spain, the UK, and Ireland.