Ubisoft Shares Fall to €5.05 Ahead of High-Risk Annual Results
The stock of the French video game publisher declines sharply at midday this Friday, in a Parisian market heavily oriented downwards. The CAC 40 is down 1.37% at 7,971.23 points during the session, while the SBF 120 loses 1.36%. Ubisoft consolidates after its surge the previous day (+6.48%), ahead of a major financial publication.
Net Short Positions Pressure Exceeds 15% of Capital
At €5.05, Ubisoft's stock wipes out part of Thursday's rebound and is among the laggards in the SBF 120. The selling pressure remains structurally significant on the stock. According to reviewed statements, the accumulated net short positions reach 15.19% of the capital, declared by eleven funds, last updated on May 12. The increase over thirty days is 0.39 points. Citadel Advisors leads the pack at 3.58%, followed by Marshall Wace (2.16%) and D. E. Shaw (1.88%). Over a year, the stock remains heavily depreciated at -56.71%, despite a rebound of 9.35% over three months. The decline today occurs without any corporate news of the day. On Wednesday, the group had launched phase 2 of season 1 of The Division Resurgence, with a new Battle Pass and competitive events.
The Stock Struggles at Its €5.24 Resistance Ahead of the Annual Publication on May 20
In terms of thresholds, the price approaches a resistance at €5.24, which it had already crossed again at the beginning of May (notably on the 4th and 14th). The RSI at 65 indicates a still tense dynamic after the recent rally, without entering an overbought zone. The stock remains above its 20-day moving average (€4.98) and well above the MM50 (€4.40, a gap of nearly 15%), but remains 22% below its MM200 at €6.49. Breaking this medium-term gap remains the graphical challenge of the stock. The calendar now dominates the session. The publication of the annual revenue and results for 2025-2026 is expected on May 20. As a reminder, the earnings warning in January had cost the stock 34% in one session, while the quarterly publication in February had triggered a jump of more than 10%. The May 20 meeting will therefore be the next identifiable inflection point for the stock.
