Ubisoft has unexpectedly postponed the release of its financial results for the first half of fiscal year 2025-26 and requested an immediate halt in the trading of its shares on Euronext Paris, a move that has prompted considerable speculation across the games industry. The announcement was made on November 13, 2025, with the company confirming that trading of both its shares and bonds would be suspended starting November 14 until its results are published “in the coming days.”
The company stated in its notice, “Ubisoft announces the postponement of the release of its results for the first half of fiscal year 2025-26. Ubisoft has requested Euronext to halt trading of its shares (FR0000054470) and its bonds (FR001400DV38, FR001400MA32, and FR0014000O87) from the market opening on November 14, 2025, until the publication of its first-half 2025-26 results in the coming days.” The publisher added that it will inform the market when trading is scheduled to resume.
Industry analyst Daniel Ahmad highlighted the gravity of the situation, noting in one message, “Ubisoft just postponed its earnings report and halted the trading of its shares. Unclear why at this point but could indicate a major announcement related to the company.” He later added, “Yes, this could imply an acquisition of sorts. Could also imply some accounting / financial issue. Just remember to freak the f*ck out for the next few days and speculate as much as possible until they announce something.”
The lack of clarification from Ubisoft has led to intense discussion among analysts, investors, and fans. Trading suspensions in conjunction with earnings delays are rare among major publishers and can indicate anything from a pending acquisition to complications in financial reporting. The timing is especially significant given Ubisoft’s prolonged stock difficulties throughout 2025. The company’s share price has declined sharply over the past year amid restructuring efforts, executive changes, and mixed performance across its major franchises.
Earlier in 2025, Ubisoft reorganized its biggest properties through a major strategic shift. The publisher carved out Assassin’s Creed, Far Cry, and Rainbow Six into a new subsidiary backed by substantial investment from Tencent, aiming to stabilize long-term development cycles and improve operating efficiency. While the move provided short-term liquidity, it did not reverse broader concerns about declining revenues, project delays, and increasing competition from global publishers.
This latest development adds a new layer of uncertainty. Investors are now focused on whether Ubisoft’s delay signals a significant corporate event, such as a potential acquisition bid, divestment, or a financial discrepancy requiring audit review. Until the earnings report is released, the company’s operational status remains in question, and the market’s response will likely hinge on the clarity and scale of the forthcoming announcement.
