10 Best AI Software Stocks to Buy Now

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

Analyst Upside: 34.74%

Number of Hedge Fund Holders: 46

EPAM Systems, Inc. (NYSE:EPAM) is one of the best AI software stocks to buy now. On August 8, Stifel Nicolaus reiterated a Buy rating on EPAM Systems, Inc. (NYSE:EPAM) stock, keeping the price target at $246.

Stifel Nicolaus analyst David Grossman kept his rating on EPAM Systems following the Q2 FY2025 results. EPAM achieved a total revenue of $1.35 billion during Q2, up by 18% from a year ago and surpassing consensus by $20.09 million. The company posted positive organic growth for a straight third quarter, with a 5.3% organic growth year-over-year. Grossman remains optimistic on EPAM as the company’s six verticals and three geographic regions showed strong year-over-year growth, reflecting broad-based performance improvements.

EPAM Systems is expanding its market-leading position as an AI-native transformation firm. With successful scaling and optimizing its global delivery hubs, the company is improving its ability to deliver strategic goals.

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