Ubisoft Stock Bounces Back 11%, Partially Offset Post-Earnings Shock
The stock of French video game publisher Ubisoft sees a sharp technical rebound in mid-session this Friday, after a steep drop the previous day. At €5.14, the stock is among the top gainers in the SBF 120, in a positively oriented Paris market (CAC 40 +0.34%, SBF 120 +0.38%). However, this movement should be viewed in light of a still significant annual decline.
A Technical Rebound Bringing the Stock Above Its Short-Term Averages
Ubisoft's stock is up 9.88% at €5.14, two days after the release of the annual accounts for 2025-2026, which had triggered an 18% drop the day before. Today's movement places the stock above its MM20 (€4.98, a +3.21% difference) and confirms a positive gap from the MM50 (€4.51, +13.97%). The MM200 remains out of reach at €6.39, about 19.6% above the current price. An RSI at 45 indicates a neutral configuration, consistent with a technical rebound without directional excess. The stock is now positioned between its support at €3.95 and its resistance at €5.34, the latter being very close to the current price.
This progression lifts Ubisoft among the top gainers in the SBF 120 during the session.
Beyond the Price Movement
Beyond the price movement, the annual publication on May 20th revealed a rarely highlighted structural point: the group's net debt was reduced from €885 million to €187.3 million. The company had also indicated its aim for a stronger and more diversified content pipeline for the fiscal years 2027-28 and 2028-29, against a backdrop of a 21.8% decline in revenue and a negative net IFRS result for the past fiscal year.
However, the bearish bet remains significant. According to reviewed statements, ten funds total 13.53% of the capital sold short, indeed down 0.68 points over thirty days (from 14.21% a month ago). Such a level indicates that institutional investors maintain an unfavorable stance on the stock, and the slight easing over the last month does not alter the observation of a structurally high bearish exposure. To watch: the resistance zone at €5.34, whose crossing would determine the continuation of the rebound.
