UBS initiates Sopra Steria at 'buy' as it sees return to growth

Sopra Steria SA

12/01/2026 12:33

** UBS initiates coverage of French IT firm Sopra Steria SOPR.PA with a "buy" rating and a price target of EUR 178 per share, based on its expected return to growth and attractive stock price

** Return to growth is expected from late 2025, helped by stabilised volumes at key customer Airbus AIR.PA and the company's robust exposure to Europe's defence sector, the brokerage says

** Meanwhile, market pricing suggests a long-term sales decline which does not reflect the positive sales recovery outlook, it adds

** UBS says fears regarding GenAI are "excessive" and finds Sopra Steria's newly-appionted CEO's pedigree reassuring

** Out of 10 analysts that cover Sopra Steria, eight rate it "strong buy" or "buy" and ​two "hold" - LSEG data

(Reporting by Leo Marchandon in Gdansk)

((leo.marchandon@thomsonreuters.com))