Wondering if EPAM Systems at around $208 is a recovery story or a value trap? You are not alone, and this piece is going to dig into what the current price really implies.
The stock has bounced about 7.8% over the last week and 18.6% over the past month, even though it is still down 9.2% year to date and 16.8% over the last year, with a much steeper slide of 42.9% over three years and 36.2% over five years.
Much of this recent volatility has been tied to shifting sentiment around IT services and digital transformation spending, as investors reassess which software engineering partners can keep growing through a choppy macro backdrop. EPAM has also been in the headlines for ongoing adjustments to its delivery footprint and client mix,…
