Assassin's Creed game developer postponed the release of the report and requested a pause in trading

Ubisoft, a video game development studio, postponed the publication of its financial results for the first half of the year and asked to suspend trading in its shares starting November 14. The company's stock has fallen 49% in value at 2025. Ubisoft is known for games such as the Assassin's Creed series, Star Wars Outlaws and Prince of Persia, but it has been facing problems recently.

Ubisoft has announced a delay in publishing results for the first half of fiscal 2025-26 on its website. The reasons for this decision were not specified in the company's statement. It said Ubsoft has asked the Euronext exchange to halt trading in its shares and bonds from market opening on Friday, Nov. 14 - and until the publication of financial results, which should happen "in the coming days." Ubisoft did not give an exact timeline.

"Ubisoft will inform the market regarding the date on which bidding will resume," the video game developer said.

Ubisoft's announcement came after the close of trading in Paris, where the company's securities are listed. They fell 0.9% to €6.77 on Thursday. Ubisoft shares are now worth only slightly more than the 13-year low they reached on Nov. 10.

Ubisoft CFO Frederic Douguet was expected to give a phone briefing on Thursday, which was supposed to start before the close of trading in Paris and before the release of financial results, but the call was first postponed without any explanation and then canceled, Bloomberg wrote.

Ubisoft shares have fallen 48.5% since the beginning of 2025. They have 11 ratings from analysts, and the attitude to the securities is rather negative: six recommendations "Hold" (Hold) and two "Sell" (Sell) against four recommendations to buy (Buy and Overweight), follows from FactSet data. However, the average target price is 51% higher than the current one.

The company has faced a number of problems in recent months, writes Bloomberg. In May, for example, it said it needed more time to develop its most popular game series and said it didn't expect revenue growth in the current fiscal year. And last year, Ubisoft postponed the release of a new Assassin's Creed Shadows game after a tepid reception to a new game from the "Star Wars" universe, Star Wars Outlaws.

In October 2024, Ubisoft's stock soared by a third in a single day, posting its best gain since its IPO in 1996. The occasion was a report by Bloomberg sources that minority shareholders of the French video game developer - Chinese conglomerate Tencent and the family of Ubisoft founders Guimault - were exploring options for the studio's future, including the possibility of buying it out and turning it from public to private. Ubisoft announced in March 2025 that it would create a new division to take over the Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six brands, after which Tencent would invest €1.16 billion in it in exchange for a minority stake. The value of the new division (Enterprise Value) was estimated at around €4 billion at the time.

This article was AI-translated and verified by a human editor