Ubisoft Shares Drop 4.5% and Fall Back to Key Support at €4.68

A Drop That Brings the Stock Back to Its Support at €4.68

Ubisoft Entertainment's stock loses 4.49% at €4.82, while the SBF 120 index is up by 0.34% during the session. This movement completely erases the previous day's rebound, when the stock had led the index. Ubisoft ranks among the steepest declines in the SBF 120 this morning, in a Parisian market otherwise buoyed by the easing of energy tensions linked to the US-Iran agreement discussed at the G7 in Évian.

The decline brings the price back to its support at €4.68, below all reference moving averages: the MM20 at €5.14 (a gap of -6.13%), the MM50 at €4.96, and the MM200 at €6.00, nearly 20% above the current price. The RSI at 52 remains neutral and does not indicate any particular exhaustion, leaving the €4.68 support as the next technical level to watch.

Cumulative Short Interest Falls to 13% of Capital, But Underlying Pressure Remains High

According to reviewed statements, ten funds accumulate a net short position of 13.02% of the capital, down by 1.47 points over thirty days (from 14.49% a month ago). The bearish bet recedes but remains at a structurally high level for an SBF 120 stock, indicating persistent institutional mistrust, though the specific reasons remain unclear. This level of short interest mechanically amplifies movements in both directions.

At the core, during the annual accounts publication for 2025/2026 on May 20th, the group mentioned an enhanced content pipeline for the 2027-28 and 2028-29 fiscal years, with net debt reduced from €885 million to €187.3 million. However, the annual revenue was down by 21.8%, and the net result under IFRS was in negative territory. The stock has now lost nearly 48% over the year and remains distant from its MM200 at €6.00.