Ubisoft Stock: Barclays Raises Target, Aligning Potential with Current Price
The stock of French video game publisher Ubisoft continues its upward momentum in mid-session this Wednesday, in a positively oriented Parisian market. The stock follows the wake of a favorable analyst revision from the previous day, which now aligns the target with the current price levels. This movement occurs while the sectoral context remains marked by the digestion of the annual accounts published last week.
Barclays Raises Target to €5.45, Bringing it Closer to the Current Price
Yesterday, Barclays raised its target on Ubisoft from €4.30 to €5.45, while maintaining its 'market weight' rating. The new target is almost touching the current price at €5.40, leaving only a residual potential of about 1%. This increase comes after the publication of the annual accounts for 2025-2026 on May 20, marked by a non-IFRS operating loss exceeding 1 billion euros and a decline of 17.4% in net bookings. During this publication, the group highlighted a reduction in net debt from 885 million euros to 187.3 million euros and anticipated a stronger content pipeline for the fiscal years 2027-28 and 2028-29. It is this horizon that the analysis office now seems to be integrating, without however switching to a buy recommendation. However, skepticism remains palpable among short sellers. According to consulted statements, ten funds accumulate 14.54% of the capital sold short, a level almost unchanged over thirty days (-0.03 point). This positioning, at 14.54% of the capital declared by ten funds, remains significant and reflects the persistence of an institutional bearish thesis despite the rebound in recent sessions.
Technical Rebound Lifts Stock 18% Above the 50-Day Moving Average but Stumbles at the 200-Day Moving Average
The stock gains 2.04% at €5.40 in session, marking a rise of over 5% in a week and 20% in three months. The price now clearly trades above its 50-day moving average (€4.58), with a gap of nearly 18% that materializes the magnitude of the rebound since the February low. The resistance of €5.34, surpassed yesterday, is now treated as support. The next technical hurdle lies at the 200-day moving average at €6.34, still 14.8% above the current price. The RSI at 59 remains in the neutral zone, with no overheating signal. Over a year, the stock still shows a loss of 45.8%, reminding of the significant journey still ahead to erase the shock of early 2026. The underlying trend observed in the figures is that of a gradual reconquest, validated by short-term moving averages but countered by a still dominant 200-day moving average.
