Ubisoft Stock Marks a Rebound of Over 18% in One Week
The stock of the French video game publisher continues its recovery at midday this Friday, in a well-oriented Parisian market. The share extends the momentum initiated after last week's post-annual results shock. The movement is part of a supportive market environment, with both the CAC 40 and SBF 120 indices advancing by more than 1%.
The Stock Extends Its Technical Rebound and Moves Away from Its Short-Term Averages
Ubisoft's stock has risen by 2.56% to €5.53, bringing the weekly rebound to 18.3%. Over three months, the performance has reached 32.9%, while the stock is still down nearly 45% over the year. The price is among the notable increases in the SBF 120, where Derichebourg and Vivendi lead the session with +9.3% and +8%, respectively. The stock is now 8.94% above its MM20 (€5.08) and 19.52% above its MM50 (€4.63), reflecting the magnitude of the recovery initiated after the 18% drop on May 21 following the publication of the annual accounts for 2025-2026. The RSI at 61 remains in a neutral zone despite the strength of the movement. There remains an obstacle: the MM200, at €6.30, still overshadows the price by 12.16%, which limits the medium-term technical potential.
A Cumulative Short of 14% of the Capital Still Weighs on the Stock's Dynamics
According to recorded statements, ten funds accumulate a net short position of 14.12% of the capital, a high level that has barely moved over thirty days (-0.24 point from 14.36%). In practice, a significant portion of the float remains bet on the downside, indicating that part of the institutional community continues to doubt the operational recovery, despite the recent stock market dynamics. This level deserves to be monitored over time without drawing isolated conclusions: it does not reveal the specific motivations of each fund, nor the timing of their potential buybacks. During the annual publication on May 20, 2026, the group reported a net bookings decline of 17.4% to €1,525.1 million and a non-IFRS operating loss of €1,044.7 million, while highlighting a marked reduction in net debt from €885 million to €187.3 million. The management anticipates a significantly stronger content pipeline for the 2027-28 and 2028-29 fiscal years. A favorable recommendation from Barclays, raised last week, accompanied the technical rebound observed since the low of May 21. The next milestone for the stock: the resistance of €5.40, already surpassed in session, whose maintenance will condition the continuation of the march towards the MM200.
