Ubisoft Stock Rises 5.9% to €5.14 Ahead of Annual Release on May 20

A Rebound Aligned with the Parisian Market's Bullish Wave

The rebound in Ubisoft's stock is part of a generalized bullish movement on the Parisian market, fueled by the drop in Brent crude to around $100.44, down nearly 8.6%. Markets are reacting to the possibility of a memorandum of understanding between Washington and Tehran, though no agreement has been signed at this stage. The direct link between oil and the video game publisher remains limited, but the general easing of risk benefits cyclical stocks and weakened cases. With a gain of 5.9%, the stock ranks 23rd in the SBF 120, with the session dominated by Nanobiotix (+12.44%) and ALTEN (+10.45%). A beta of 0.22 confirms that the stock remains weakly correlated to the index: thus, today's rise is not mechanical. It extends the catch-up phase that began at the end of March, after the release of a statement mentioned in a previous brief.

Tense Technical Setup Before the May 20 Release

At €5.14, the stock price is in the upper part of the Bollinger Bands (76% of the width), with an upper limit at €5.56. The resistance identified at €5.22, already tested at the beginning of the month, remains the key short-term threshold. An RSI of 56 confirms a bullish momentum without excess, away from the overbought zone. The MM50 at €4.29 has been clearly breached, but the MM200 at €6.64 remains more than 22% above the current price, highlighting the heaviness of the annual trend (-53.25%). The financial calendar now focuses attention. During the release of the first half of 2025-26, the company communicated a target of stable net bookings for the fiscal year and a non-IFRS operating result close to break-even. The transaction with Tencent, expected to bring non-IFRS consolidated net debt around zero, remains a structuring element of the case. The publication of annual revenue and results for 2025-2026 is scheduled for May 20, 2026.