EPAM Systems vs CACI International: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

EPAM Systems Inc (EPAM)

Q3 202617 Jun – 5 Sep 2026

▲3▼3

EPAM hit by AI fears and weak guidance, but activist and AI deals lift it

Fed rate hold pressures IT budgets The Fed held rates and hinted the easing cycle might reverse, making CFOs cautious about long-term IT contracts. EPAM fell 4.9% as discretionary tech spending is often cut first when borrowing costs stay high. A stronger dollar also reduces the value of EPAM's overseas earnings.
This macro force directly reduces demand for EPAM's services and pressures its stock.
AI fears trigger sector-wide selloff Accenture's record 18% drop on a trimmed outlook sparked fears that AI could shrink demand for IT services. EPAM slid 9% in sympathy, even without its own bad news. Investors worry AI may automate work that consulting firms charge for, hurting future revenue.
This shows a major sentiment shift that dragged EPAM down regardless of its own results.
OpenAI partnership and analyst upgrade EPAM joined OpenAI's Partner Network as an Advanced Partner, planning to certify 5,000+ consultants in AI. Citigroup's new $100 target still implied upside, helping the stock surge 17.5%. This positions EPAM to capture AI-related demand and reassures investors about its relevance.
It shows EPAM actively pivoting to AI, a key growth driver that can offset slowing core business.
Weak North America growth and soft guidance Q2 revenue matched estimates but Q3 guidance came in below expectations, and the CEO admitted North America isn't growing fast enough. Shares fell from $109.87 to $100.16. Clients are shifting budgets to AI modernization, and EPAM's sales execution is lagging, raising doubts about near-term growth.
This is a direct company-specific negative that explains why the stock remains under pressure.
Activist investor pushes for buybacks or sale Engine Capital, holding 1.5%, urged EPAM to buy back $750 million in shares or explore a sale. The stock rose 3.4% on hopes of a value-unlocking move. With shares down 44% this year and short interest at 16%, any capital return or sale could sharply lift the price.
This is a new catalyst that could force management to act and directly boost shareholder value.
Wiz cybersecurity partnership EPAM partnered with Wiz (Google Cloud's security platform) to help clients turn cloud risk data into fixes. This adds a high-demand cybersecurity offering amid slowing core growth. It builds on existing Wiz work and could attract new clients, though near-term financial impact is uncertain.
It shows EPAM expanding into a growing area to offset deceleration, a potential positive for future demand.

July 202617 Jun – 5 Sep 2026

▲3▼3

EPAM hit by AI fears and weak guidance, but activist and AI deals lift it

Fed rate hold pressures IT budgets The Fed held rates and hinted the easing cycle might reverse, making CFOs cautious about long-term IT contracts. EPAM fell 4.9% as discretionary tech spending is often cut first when borrowing costs stay high. A stronger dollar also reduces the value of EPAM's overseas earnings.
This macro force directly reduces demand for EPAM's services and pressures its stock.
AI fears trigger sector-wide selloff Accenture's record 18% drop on a trimmed outlook sparked fears that AI could shrink demand for IT services. EPAM slid 9% in sympathy, even without its own bad news. Investors worry AI may automate work that consulting firms charge for, hurting future revenue.
This shows a major sentiment shift that dragged EPAM down regardless of its own results.
OpenAI partnership and analyst upgrade EPAM joined OpenAI's Partner Network as an Advanced Partner, planning to certify 5,000+ consultants in AI. Citigroup's new $100 target still implied upside, helping the stock surge 17.5%. This positions EPAM to capture AI-related demand and reassures investors about its relevance.
It shows EPAM actively pivoting to AI, a key growth driver that can offset slowing core business.
Weak North America growth and soft guidance Q2 revenue matched estimates but Q3 guidance came in below expectations, and the CEO admitted North America isn't growing fast enough. Shares fell from $109.87 to $100.16. Clients are shifting budgets to AI modernization, and EPAM's sales execution is lagging, raising doubts about near-term growth.
This is a direct company-specific negative that explains why the stock remains under pressure.
Activist investor pushes for buybacks or sale Engine Capital, holding 1.5%, urged EPAM to buy back $750 million in shares or explore a sale. The stock rose 3.4% on hopes of a value-unlocking move. With shares down 44% this year and short interest at 16%, any capital return or sale could sharply lift the price.
This is a new catalyst that could force management to act and directly boost shareholder value.
Wiz cybersecurity partnership EPAM partnered with Wiz (Google Cloud's security platform) to help clients turn cloud risk data into fixes. This adds a high-demand cybersecurity offering amid slowing core growth. It builds on existing Wiz work and could attract new clients, though near-term financial impact is uncertain.
It shows EPAM expanding into a growing area to offset deceleration, a potential positive for future demand.

Latest17 Jun – 5 Sep 2026

▲3▼3

EPAM hit by AI fears and weak guidance, but activist and AI deals lift it

Fed rate hold pressures IT budgets The Fed held rates and hinted the easing cycle might reverse, making CFOs cautious about long-term IT contracts. EPAM fell 4.9% as discretionary tech spending is often cut first when borrowing costs stay high. A stronger dollar also reduces the value of EPAM's overseas earnings.
This macro force directly reduces demand for EPAM's services and pressures its stock.
AI fears trigger sector-wide selloff Accenture's record 18% drop on a trimmed outlook sparked fears that AI could shrink demand for IT services. EPAM slid 9% in sympathy, even without its own bad news. Investors worry AI may automate work that consulting firms charge for, hurting future revenue.
This shows a major sentiment shift that dragged EPAM down regardless of its own results.
OpenAI partnership and analyst upgrade EPAM joined OpenAI's Partner Network as an Advanced Partner, planning to certify 5,000+ consultants in AI. Citigroup's new $100 target still implied upside, helping the stock surge 17.5%. This positions EPAM to capture AI-related demand and reassures investors about its relevance.
It shows EPAM actively pivoting to AI, a key growth driver that can offset slowing core business.
Weak North America growth and soft guidance Q2 revenue matched estimates but Q3 guidance came in below expectations, and the CEO admitted North America isn't growing fast enough. Shares fell from $109.87 to $100.16. Clients are shifting budgets to AI modernization, and EPAM's sales execution is lagging, raising doubts about near-term growth.
This is a direct company-specific negative that explains why the stock remains under pressure.
Activist investor pushes for buybacks or sale Engine Capital, holding 1.5%, urged EPAM to buy back $750 million in shares or explore a sale. The stock rose 3.4% on hopes of a value-unlocking move. With shares down 44% this year and short interest at 16%, any capital return or sale could sharply lift the price.
This is a new catalyst that could force management to act and directly boost shareholder value.
Wiz cybersecurity partnership EPAM partnered with Wiz (Google Cloud's security platform) to help clients turn cloud risk data into fixes. This adds a high-demand cybersecurity offering amid slowing core growth. It builds on existing Wiz work and could attract new clients, though near-term financial impact is uncertain.
It shows EPAM expanding into a growing area to offset deceleration, a potential positive for future demand.

CACI International Inc (CACI)

Q3 202618 Jun – 1 Oct 2026

▲2▼1

CACI wins big contracts, but debt from acquisitions weighs

Major contract wins boost backlog CACI won several large contracts, including a $500M drone-defense deal, a $400M Oracle federal HR partnership, and Space Force's NITE-STAR worth up to $981M, improving future revenue visibility.
These wins are a key positive driver for the stock and new this period.
Strong Q2 results and raised guidance CACI beat estimates with Q2 revenue of $2.71B and EPS of $8.91, prompting management to raise its full-year guidance, signaling confidence in continued growth.
Financial outperformance and raised outlook directly support the stock price.
Acquisitions double debt, interest costs jump Acquisitions totaling $2.64B nearly doubled long-term debt to $4.85B and raised interest expense by 35.6%, weighing on Q4 net income and EPS.
This is a significant counterweight that pressures profitability and the stock.

September 202614 Aug – 1 Oct 2026

▲2▼1

CACI wins new defense contracts, but acquisition debt weighs

Q2 earnings beat and raised guidance CACI reported Q2 revenue of $2.71 billion and adjusted EPS of $8.91, both above estimates, and raised its fiscal 2027 EPS guidance to $33.41 at the midpoint, 8.4% above analyst expectations. This signals strong demand and profitability, pushing the stock up.
This is a new earnings report that directly boosts investor confidence and the stock price.
New contract wins add to backlog CACI won several new contracts: a U.S. Space Force NITE-STAR award (up to $981 million), a $1.5 billion CENTCOM Apollo contract, and positions on Navy and DoD contracts worth up to $827.9 million and $275.9 million. These wins increase future revenue visibility and support the stock.
These are new contract awards that directly drive future revenue and investor optimism.
Rising debt and interest costs from acquisitions CACI spent $2.64 billion on acquisitions in fiscal 2026, nearly doubling long-term debt to $4.85 billion and raising interest expense by 35.6%. This weighed on Q4 net income and EPS, which fell slightly, creating a counterweight to the positive contract news.
This is a new financial development that negatively impacts profitability and investor sentiment.

Latest14 Aug – 1 Oct 2026

▲2▼1

CACI wins new defense contracts, but acquisition debt weighs

Q2 earnings beat and raised guidance CACI reported Q2 revenue of $2.71 billion and adjusted EPS of $8.91, both above estimates, and raised its fiscal 2027 EPS guidance to $33.41 at the midpoint, 8.4% above analyst expectations. This signals strong demand and profitability, pushing the stock up.
This is a new earnings report that directly boosts investor confidence and the stock price.
New contract wins add to backlog CACI won several new contracts: a U.S. Space Force NITE-STAR award (up to $981 million), a $1.5 billion CENTCOM Apollo contract, and positions on Navy and DoD contracts worth up to $827.9 million and $275.9 million. These wins increase future revenue visibility and support the stock.
These are new contract awards that directly drive future revenue and investor optimism.
Rising debt and interest costs from acquisitions CACI spent $2.64 billion on acquisitions in fiscal 2026, nearly doubling long-term debt to $4.85 billion and raising interest expense by 35.6%. This weighed on Q4 net income and EPS, which fell slightly, creating a counterweight to the positive contract news.
This is a new financial development that negatively impacts profitability and investor sentiment.

July 202618 Jun – 5 Aug 2026

▲4

CACI Wins $1.15B in New Contracts and Posts Strong FY26 Results

Army Contract Boost CACI secured a $140.5 million ceiling increase from the U.S. Army for forensic exploitation support, raising the total contract value to over $560 million. This steady demand for its services supports future revenue growth.
This is a new contract win that directly boosts CACI's order book and future revenue.
Navy Modernization Contract CACI won a five-year, $113 million Navy contract to modernize Military Sealift Command's business systems, integrating AI and cybersecurity. This adds a steady stream of revenue and showcases CACI's tech capabilities.
New contract award that expands CACI's work with the Navy and adds to backlog.
$500M Drone Defense Contract CACI landed a three-year, $500 million contract to provide its SkyValor drone defense systems to protect U.S. forces and infrastructure. This is a major product win that could drive significant revenue.
Large new contract for CACI's proprietary product, indicating strong demand and future sales.
Oracle Federal HR Partnership CACI will partner with Oracle on a 10-year, $400 million federal HR modernization contract, helping consolidate systems for the Office of Personnel Management. This secures long-term work and strengthens CACI's position in federal IT services.
New partnership and contract that adds a long-term revenue stream and enhances CACI's reputation.

18 Jun – 5 Aug 2026

▲4

CACI Wins $1.15B in New Contracts and Posts Strong FY26 Results

Army Contract Boost CACI secured a $140.5 million ceiling increase from the U.S. Army for forensic exploitation support, raising the total contract value to over $560 million. This steady demand for its services supports future revenue growth.
This is a new contract win that directly boosts CACI's order book and future revenue.
Navy Modernization Contract CACI won a five-year, $113 million Navy contract to modernize Military Sealift Command's business systems, integrating AI and cybersecurity. This adds a steady stream of revenue and showcases CACI's tech capabilities.
New contract award that expands CACI's work with the Navy and adds to backlog.
$500M Drone Defense Contract CACI landed a three-year, $500 million contract to provide its SkyValor drone defense systems to protect U.S. forces and infrastructure. This is a major product win that could drive significant revenue.
Large new contract for CACI's proprietary product, indicating strong demand and future sales.
Oracle Federal HR Partnership CACI will partner with Oracle on a 10-year, $400 million federal HR modernization contract, helping consolidate systems for the Office of Personnel Management. This secures long-term work and strengthens CACI's position in federal IT services.
New partnership and contract that adds a long-term revenue stream and enhances CACI's reputation.