Beyond Good & Evil 2 has been in development for more than 18 years, and Ubisoft still faces a difficult decision over the future of its most ambitious long-running project. Continuing production could require further investment, while cancelling the game could trigger another crisis of confidence among investors and players.
The project was presented as an Action RPG set in an open world, combining space exploration, combat, piracy, online features and encounters with different alien societies. Ubisoft has also described a universe built around several freely explorable planets, grand environments and an ambitious story. However, the game’s official website has not been updated since July 2020, leaving recent information about its progress scarce.
One of the latest public comments came from Gaëtan Bruel, president of France’s CNC, who said in an October 2025 interview with Jeuxvideo.com that he had received a preview of the game during a visit to Ubisoft Montpellier. He praised the dedicated engine being developed for the title and described its promise as highly ambitious.
Since then, updates have mainly appeared through LinkedIn profiles and investor presentations. Following Ubisoft’s restructuring, Beyond Good & Evil 2 was reportedly assigned to Creative House 4 and remains described as a priority for the company. A recent report by Origami, however, points to persistent editorial instability that could be slowing production. The issue would not simply be a delayed release date, but an ongoing lack of clarity about the game’s direction.
The financial stakes are also significant. According to the information cited in the report, the project may have already cost Ubisoft more than €150 million, although the publisher has not officially confirmed that figure. Ending development would prevent further spending, but it could also expose Ubisoft to a new market reaction after years of investment in the game.
Ubisoft’s share price has already shown how sensitive investors have become to disappointing news. The stock reportedly fell 20% after the delay of Assassin’s Creed Shadows and the underwhelming start of Star Wars Outlaws, removing around €300 million from the company’s market value at the height of the decline.
The publisher is now under pressure to demonstrate that its restructuring into Creative Houses can turn years of investment into commercially viable games. Cancelling Beyond Good & Evil 2 could undermine that message, while releasing an unfinished or poorly defined project could create a different kind of industrial and financial failure.
The situation reflects a broader change in investor expectations. Ubisoft has moved from a model in which markets rewarded its ambitions to one in which shareholders increasingly demand concrete evidence of successful execution. The company’s stock has hovered around €5 since April 2026, indicating relative stabilisation but at a historically low valuation. Against that backdrop, Beyond Good & Evil 2 remains both a costly burden and a possible test of Ubisoft’s ability to deliver on its most demanding commitments.
Sources: Jeuxvideo.com.