Ubisoft

Ubisoft’s stock plunged 14% after the gaming giant warned of continued losses. The company anticipates a significant operating loss and declining net bookings for the current fiscal year, compounded by delayed releases and restructuring costs. Ubisoft is streamlining operations by discontinuing and postponing projects, aiming to optimize its cost base and achieve sustainable free cash flow despite a challenging short-term financial outlook.

Ubisoft’s stock plummeted 33% after announcing a major restructuring, including studio closures and the cancellation of six games. The company anticipates an operating loss of €1 billion for FY26, due to a €650 million write-down from these changes. Ubisoft aims for €500 million in savings and a reduction in fixed costs by March 2028, signaling a strategic pivot towards fewer, more impactful titles amid fierce industry competition.