Jim Cramer on EPAM: "Things Got Worse for EPAM Specifically When the Company Reported Mid-February"

NodeGuardian · 2026-03-12T12:22:05+00:00

Jim Cramer analyzed EPAM Systems' 32.4% stock decline in February, marking it as the S&P 500's worst performer. The drop was attributed to generative AI's competitive advantage and disappointing sales guidance, leading to a 70% plunge in one day.

NodeGuardian

2026-03-12 12:22:05

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Jim Cramer discussed EPAM Systems (EPAM) and its significant stock decline, highlighting it as the S&P 500’s worst performer in February, down 32.4%. He attributed this drop to the company being an outsourced software developer, negatively impacted by generative AI’s ability to perform similar tasks more cheaply. The situation worsened mid-February when EPAM reported good quarterly results but provided light sales guidance, intensifying market fears about AI displacement and causing the stock to fall 70% in one session.

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