The price of one share of the IT company, which employs many Belarusians, fell to $139.16 by the end of trading on February 19. This is the lowest level since January 2019.

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On February 19, EPAM shares lost as much as 17% of their price. By the end of trading on February 19, they had fallen to $139.16.
The reason for investor pessimism was the company's statistics for the fourth quarter of 2025 and revenue forecasts for 2026. However, the cause of the IT giant's stock drop lies in a general skepticism about the ability of software developers like EPAM to adapt to new realities, where artificial intelligence is learning to program.
EPAM shares reached their peak value at the end of 2021 — around $700 per share.
The first strong and prolonged price drop occurred in February-March 2022 amid Russia's invasion of Ukraine: the company had a strong presence both in Belarus and other Eastern European countries, which caused concern among investors.
Two years ago, in February 2024, EPAM shares traded at levels ranging from $290 to $310 apiece.
A year ago, in February 2025, the price of EPAM shares fluctuated significantly — in the range of $200-$260 apiece.
EPAM Systems Inc. went public on the New York Stock Exchange on February 8, 2012. The IPO price was $12 per share. The company was founded in 1993 by natives of Belarus, including Arkadiy Dobkin. The IPO took place almost 19 years after its founding. The company is included in the S&P 500 list.
Comments
А когда стоимость часа вырасла в 3 раза и ИИ подъехал то EPAM по сути отходит в историю. Он скоро ничего стоить не будет, рынок и мир меняется и к этому надо привыкнуть