Ubisoft stock rebounds 4% and posts best SBF 120 gain
The Breton publisher stages a notable recovery at the end of the week, posting the best performance of the SBF 120 in trading. The rebound comes as the stock had broken through its support level earlier in the morning before recovering substantially, amid a broader European market environment showing slight gains.
A rebound topping the SBF 120 after breaching support at 4.86 €
Ubisoft advances 4% to 5.07 € in mid-afternoon, occupying the top spot on the SBF 120 among its 120 members. The move took shape following a selling pressure episode during the session: the stock briefly broke through its support at 4.86 €, touching a low of 4.85 €, before rebounding firmly above this level. This rebound contrasts with the difficult run of recent weeks, during which Ubisoft had regularly occupied one of the last positions on the broader index.
The CAC 40 also gains nearly 1% in trading, in a context where the VIX retreats slightly to 16.18, reflecting a relative easing of market nervousness. Over the rolling week, Ubisoft's performance remains modest (+0.76%), which puts the day's rebound into perspective within an underlying dynamic that remains under pressure (-3.32% over one month, -40.78% over one year).
A Morgan Stanley view at 5.40 € and short positions retreating slightly
On Wednesday, September 9, Morgan Stanley published an analyst view with an equal-weight rating and a price target of 5.40 €, representing an upside potential of approximately 6.5% from the current price. This target level sits well below the resistance identified at 5.84 €, and the stock remains below its three moving averages (MA20 at 5.22 €, MA50 at 5.39 €, MA200 at 5.12 €), underscoring that today's rebound has not been sufficient to reverse the underlying technical configuration. The RSI at 39 remains in neutral territory, without a pronounced oversold signal despite the accumulated pressure in recent months.
Furthermore, according to available disclosures, eleven funds cumulatively hold 12.39% of Ubisoft shares sold short, an elevated level that has nevertheless declined by 1.51 percentage points over the past thirty days (versus 13.90% a month ago). This partial pullback in short interest illustrates a reduction in bearish institutional exposure, without fully erasing a positioning that remains significant — and which warrants close monitoring in the coming weeks. The 5.84 € resistance level remains the next threshold to watch to gauge the true scope of the rebound.
