France's Ubisoft FY sales miss expectations

Ubisoft Entertainment SA

20/05/2026 16:50

Overview

France video game publisher's FY2025-26 sales fell 22% yr/yr, missing analyst expectations

Adjusted EPS for FY2025-26 was negative and comes below market expectations

Company attributed declines to strategic reset and softer release slate

Outlook

Ubisoft expects FY2026-27 net bookings to decline by a high single-digit percentage

Company sees FY2026-27 free cash flow consumption capped at €500m

Result Drivers

STRATEGIC RESET - Co said results reflect deliberate choices as part of its strategic reset, impacting release schedule and portfolio composition

SOFTER RELEASE SLATE - Co attributed decline in net bookings to a reduced number of new releases during the fiscal year

Company press release: ID:nGNE399bdX

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Miss
EUR 1.40 bln
EUR 1.51 bln (16 Analysts)
FY Adjusted EPS
Miss
-EUR 9.38
-EUR 5.50 (6 Analysts)
FY EPS
-EUR 11.16
FY Adjusted Operating Income
Miss
-EUR 1.04 bln
-EUR 714.68 mln (10 Analysts)
FY Operating Income
-EUR 1.32 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 6 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Ubisoft Entertainment SA is €4.75, about 7.3% below its May 19 closing price of €5.12

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)