10 Best Affordable AI Stocks to Buy

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

Forward P/E: 14.24

Analyst Upside: 36.30%

Number of Hedge Fund Holders: 46

EPAM Systems, Inc. (NYSE:EPAM) is one of the best affordable AI stocks to buy. On August 7, William Blair retained its Buy rating on EPAM Systems, Inc. (NYSE:EPAM), with no price target on the stock.

Maggie Nolan from William Blair kept her Buy rating on EPAM following strong Q2 FY2025 financial performance and strategic initiatives. The company posted revenue of around $1.35 billion, growing 18% year-over-year and exceeding estimates by $20.09 million. EPAM achieved its third consecutive quarter of positive organic growth during Q2, with a 5.3% organic revenue growth from a year ago. The company is expanding its market-leading position as an AI-native transformation company. With its AI-native revenue rising in double digits sequentially, Nolan believes that this will help EPAM secure new business opportunities.

The analyst is also optimistic about EPAM as the company expects its FY2025 year-over-year growth rate to be in the range of 13-15%. Whereas organic revenue is projected to grow between 3-5% in 2025. The positive outlook is backed by EPAM’s continued organic growth and above-consensus guidance for Q3 FY2025.

EPAM Systems, Inc. (NYSE:EPAM) is a provider of digital engineering, cloud, and AI-enabled transformation services. EPAM is also a business and experience consulting partner for international enterprises.