Reply stock holds near Italy's tech peer valuations
Published on 08/28/2026 at 22:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Reply S.p.A. (IT0005282865) is trading at EUR 122.30 on the Milan market, with a EUR 4.443 billion market value and a 0.57% daily move in the latest quote snapshot. The shares sit within Italy's technology-services group, where investors are weighing a large-cap valuation against H1 2026 operating progress.
H1 2026 numbers
For the six months ended June 30, 2026, Reply reported EUR 1.21 billion in revenue and EUR 93.4 million in net income. Those figures compare with the same period in 2025 and show the scale of the business at midyear.
Revenue in H1 2026 was up 8.7% year over year, while net income rose 11.2% over the same period. EBITDA reached EUR 175.8 million, giving the group a margin of 14.5% on H1 sales.
Valuation angle
At EUR 122.30, the stock is being priced against a business that generated almost EUR 1.21 billion in half-year sales and EUR 175.8 million in EBITDA. For investors, the key question is whether the current margin profile can keep pace with the share price level through the rest of 2026.
That mix of a EUR 4.443 billion equity value, EUR 1.21 billion in H1 revenue, and EUR 93.4 million in net income gives Reply a clear position among Italian software and services names.
Product angle
Reply's work spans consulting, systems integration, and software solutions for enterprise clients, with cloud, data, and AI-linked projects forming a core part of its offering. That business mix matters because it ties revenue growth to recurring digital-transformation spending.
Stock view
Reply shares are priced at EUR 122.30 as of August 28, 2026, with a market cap of EUR 4.443 billion.
Company
Company: Reply S.p.A.
ISIN: IT0005282865
Ticker: REY
Exchange: Borsa Italiana
Price (as of August 28, 2026): EUR 122.30
Market cap: EUR 4.443 billion
Sector / Industry: Information Technology / IT Services
Index membership: FTSE Italia Mid Cap
