EPAM
EPAM Systems, Inc. Technology - Information Technology Services Investor Relations →
EPAM Systems, Inc. (EPAM) closed at $137.43 as of 2026-03-20, trading 43.8% below its 200-week moving average of $244.56. This places EPAM in the extreme value zone. The stock moved further from the line this week, up from -44.1% last week. With a 14-week RSI of 22, EPAM is in oversold territory.
Trading volume is running at 1.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.85 ratio) is neutral — neither side is clearly dominating.
Over the past 688 weeks of data, EPAM has crossed below its 200-week moving average 7 times. On average, these episodes lasted 26 weeks. The average one-year return after crossing below was -9.0%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $7.6 billion, EPAM is a mid-cap stock. The company generates a free cash flow yield of 9.6%, which is notably high. Return on equity stands at 10.3%. The stock trades at 2.0x book value.
The company has been aggressively buying back shares, reducing its share count by 5.9% over the past three years.
Over the past 13.2 years, a hypothetical investment of $100 in EPAM would have grown to $630, compared to $544 for the S&P 500. That represents an annualized return of 14.9% vs 13.6% for the index — confirming EPAM as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 17% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: EPAM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After EPAM Crosses Below the Line?
Across 7 historical episodes, buying EPAM when it crossed below its 200-week moving average produced an average return of -7.1% after 12 months (median -23.0%), compared to +15.4% for the S&P 500 over the same periods. 14% of those episodes were profitable after one year. After 24 months, the average return was -22.3% vs +48.1% for the index.
Each line shows $100 invested at the moment EPAM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
EPAM has crossed below its 200-week MA 7 times with an average 1-year return of +-9.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2022 | May 2022 | 9 | 32.6% | +54.1% | -30.8% |
| Jun 2022 | Jul 2022 | 6 | 3.7% | -30.4% | -54.7% |
| Oct 2022 | Oct 2022 | 1 | 0.2% | -27.0% | -58.0% |
| Oct 2022 | Nov 2022 | 1 | 5.5% | -23.0% | -56.0% |
| Dec 2022 | Jan 2023 | 4 | 6.7% | -12.1% | -58.8% |
| Jan 2023 | Jan 2023 | 1 | 0.2% | -15.5% | -59.7% |
| Feb 2023 | Ongoing | 162+ | 55.9% | Ongoing | -59.4% |
| Average | 26 | — | +-9.0% | — |
Frequently Asked Questions
Is EPAM below its 200-week moving average?
Yes. As of 2026-03-20, EPAM Systems, Inc. (EPAM) is trading 43.8% below its 200-week moving average of $244.56. The current price is $137.43.
What is EPAM's 200-week moving average price?
EPAM Systems, Inc.'s 200-week moving average is $244.56 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when EPAM drops below its 200-week moving average?
EPAM has crossed below its 200-week moving average 7 times in our data. The average one-year return after these crossings was -9.0%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 26 weeks on average.
Is EPAM a good value right now?
Here's what our data says about EPAM as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 22 (oversold). Free cash flow yield is 9.6%. Return on equity is 10.3%. Price-to-book is 2.0x. This is not a buy or sell recommendation — always do your own research.
How does EPAM compare to the S&P 500?
Over the past 13.2 years, $100 invested in EPAM would have grown to $630, compared to $544 for the S&P 500. That's 14.9% annualized vs 13.6% for the index. EPAM has outperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20