Ubisoft reports fiscal 2026 net bookings: Ubisoft stock sits 50.98 percent below its high

Published on 10/05/2026 at 12:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley raised its target to EUR 5.40 on September 9, 2026. Ubisoft stock costs EUR 5.00 on October 5, 2026 after EUR 5.06, minus 1.19 percent.

Extreme Nahaufnahme von Gamepad-Tasten und Joystick-Textur — Makroaufnahme von Controller-Tasten veranschaulicht Ubisoft Entertainment SA, ISIN FR0000121691, als Akteur der Videospielbranche, Illustration mit AI erstellt.

Ubisoft (ISIN FR0000054470) reported fiscal 2026 net bookings of EUR 1.52 billion at its September 30, 2026 annual general meeting, while Ubisoft stock was trading at EUR 5.00 at Lang & Schwarz on October 5, 2026 at 12:08 p.m. CEST. The quote was 1.19 percent below the prior close of EUR 5.06 and 50.98 percent below the EUR 10.20 52-week high.

Fiscal 2026 exposed the transition cost

According to Quartr on September 30, 2026, Ubisoft posted a non-IFRS operating loss of EUR 1.04 billion in fiscal 2026 and net free cash flow of minus EUR 443.00 million. Net debt stood at EUR 108.00 million, while available cash reached EUR 1.35 billion.

The AGM figures show why the stock remains far below its yearly high: cash provides balance-sheet capacity, but the fiscal 2026 loss and cash outflow keep execution central to the investment case. The same summary said a fixed-cost program delivered EUR 200.00 million in annual savings and targeted a EUR 1.25 billion fixed-cost base.

Revenue declines before the content cycle

In its first-quarter fiscal 2026-27 update dated July 23, 2026, Ubisoft reported IFRS 15 revenue of EUR 268.20 million, down 13.70 percent from EUR 310.80 million in the year-earlier quarter. Trivano also reported net bookings of EUR 255.80 million, down 9.20 percent from EUR 281.60 million.

The comparison is mixed rather than one-sided. The quarter's net bookings were above Ubisoft's EUR 250.00 million objective, and the company said Assassin's Creed Black Flag Resynced surpassed its annual sales expectations within 14 days of release. The figures place product launches and cost control on opposite sides of the stock narrative.

Analyst target stays near the quote

Markets Insider reported on September 9, 2026 that Morgan Stanley began coverage with an Equal Weight rating and raised its price target from EUR 5.10 to EUR 5.40. The new target lies 8.00 percent above the Lang & Schwarz price of EUR 5.00, keeping the analyst view close to the current market level.

Ubisoft's investor calendar lists H1 sales and earnings for November 19, 2026, according to the Ubisoft investor center. That date will put the next reported period under scrutiny after the first-quarter revenue decline and the fiscal 2026 cash outflow.

Ubisoft stock stays below its yearly high

Ubisoft stock was trading at EUR 5.00 at Lang & Schwarz on October 5, 2026 at 12:08 p.m. CEST, minus 1.19 percent versus the EUR 5.06 prior close at Lang & Schwarz on October 2, 2026. The 52-week range was EUR 3.70 to EUR 10.20, and market capitalization stood at EUR 670.0 million on October 5, 2026.

The further course of trading is shown by the continuously updated real-time quote of Ubisoft stock.