EPAM

EPAM's stock experienced several notable events in the past six months (April-October 2026). On February 19, 2026, the stock declined by approximately 17% after its Q4 2025 earnings call, where a revenue decline from a major NEORIS customer was acknowledged. EPAM reported its Q1 2026 earnings on May 7, 2026, and subsequently lowered its 2026 guidance in May due to a sector-wide slowdown. On June 22, 2026, the stock further declined following a guidance cut by competitor Accenture plc, which also warned of a challenging demand environment and intensified concerns about AI's disruptive potential. However, on July 28, 2026, EPAM Systems' stock surged over 6% as the IT services sector showed renewed momentum, driven by easing concerns over corporate IT spending and a shift towards digital transformation services. On August 6, 2026, EPAM reported Q2 2026 results that surpassed revenue and margin forecasts, but the company revised its revenue growth outlook for 2026 downward, leading to Guggenheim lowering its price target and William Blair downgrading EPAM to 'Market Perform.' Finally, on September 14, 2026, EuroCTP, a project for which EPAM was an engineering and delivery partner, went live.