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摩根士丹利稱，EPAM Systems將面臨疲軟的非必需消費環境

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-- 摩根士丹利在周五的報告中指出，受宏觀經濟持續不確定性的影響，EPAM Systems (EPAM) 的客戶可自由支配支出可能會減少，尤其是在第二季。 該公司預計第二季非GAAP每股收益為3.10美元至3.18美元，營收為14億美元至14.15億美元。 FactSet調查的分析師先前預期EPAM非GAAP每股收益為3.10美元，營收為14.2億美元。 摩根士丹利表示：「與其他IT服務同業提供的關鍵任務型管理服務相比，EPAM的可自由支配支出持續面臨更大壓力。」摩根士丹利也指出，其2026年第一季首席資訊長調查也得出了類似結論。該投資公司補充說，預計這將拖慢客戶的決策進程，從而推遲EPAM的交易。 據摩根士丹利稱，EPAM Systems的交易延遲已於4月/5月開始，導致該公司將2026年營收成長預期從先前的4.5%至7.5%下調至4%至6.5%。摩根士丹利也表示，該公司對得標率、交易完成時間和業務成長速度的可見度較低。 摩根士丹利將EPAM Systems的目標股價從148美元下調至112美元，維持「持股觀望」評等。

Price: $99.95, Change: $-4.29, Percent Change: -4.12%

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