Does $EPAM’s late-summer seasonality pattern make ~$110 a solid entry point right now?
I’ve been watching EPAM Systems ($EPAM) closely, particularly how predictable its seasonal cycles have been over the last few years. We usually see a first-half drag where Q1 budget resets and slower enterprise spending pull the stock down into late spring or early summer, which often sets up a solid entry window before activity historically accelerates into Q3 and Q4.
Now that the stock has bounced off its 52-week low (\~$73) and settled back around $110, I’m wondering if we’re seeing that classic mid-year stabilization take shape. Does entering around late August align with the typical H2 accumulation trend, or are overall macro IT budget cuts overriding the historical seasonal boost this time around? Would love to hear your thoughts on the setup.