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Analyst Comment

Remedy revealed new gameplay footage of Control Resonant

By Atte RiikolaAnalyst
Remedy Entertainment

Summary

  • Remedy released new gameplay footage and details about Control Resonant during Sony PlayStation's State of Play broadcast, with the release date expected at the end of Q2 or possibly Q3.
  • Control Resonant is considered a critical project for Remedy's investment story, with its success impacting the company's cash flow and ability to finance future projects independently.
  • The game has received promising initial reception, with a favorable wishlist ranking on Steam, and is forecasted to sell approximately 1.8 million copies in its release year of 2026.
  • The original Control game has sold over 5 million copies, with over 20 million players having engaged with it across various platforms, setting a strong foundation for Control Resonant's sales.

This content is generated by AI. You can give feedback on it in the Inderes forum.

Translation: Original published in Finnish on 2/13/2026 at 8:11 am EET.

Remedy released new gameplay footage and details about Control Resonant during Sony PlayStation's State of Play broadcast. Remedy's press release on the matter can be found here, and the new trailer featuring gameplay footage is available here. The exact release date of the game has not yet been revealed. We are currently expecting the game to be released at the end of Q2, although we also consider a Q3 release to be possible. Our recent update on Remedy's Q4 report can be found here.

Control Resonant is a critical project for Remedy's investment story, as we believe it is the most important and potentially successful game in the company's history from a commercial success perspective. The success of the game's release will largely determine the company's cash flow in the coming years and its ability to independently finance future projects. The self-publishing model enables Remedy to achieve significantly greater earnings potential if the game is commercially successful.

The initial reception of the game among players has been promising, and its wishlist ranking on the Steam platform has developed favorably. We currently forecast the game to sell approximately 1.8 million copies in its release year of 2026. The starting points for strong game sales are good, as the original Control has sold over 5 million copies, and over 20 million players have played the game across various platforms.

 

Remedy Entertainment is a game developer. Its operations are primarily focused on the development of action games, with a particular focus on 3D technology. Examples of games that the company has developed include several different versions of Alan Wake, Max Payne, and Control. Remedy also develops its own game engine and tooling technology that powers many of its games. The company was founded in 1995 and is headquartered in Espoo, Finland.

Read more on company page

Key Estimate Figures10/02

202526e27e
Revenue59.5122.5121.3
growth-%17.5 %105.9 %-1.0 %
EBIT (adj.)-14.9-0.512.2
EBIT-% (adj.)-25.0 %-0.4 %10.1 %
EPS (adj.)-0.96-0.060.70
Dividend0.000.000.00
Dividend %
P/E (adj.)neg.neg.16.2
EV/EBITDA17.27.25.0

Forum discussions

For a change, they could try a co-op multiplayer shooter.
4 hours ago
by Monopoly_of_bees
7
Isn’t this Control Resonant precisely a leap into a new game concept, a melee-based action RPG? It has skill trees and everything. It should...
yesterday
by TechLead
16
Limited companies are supposed to make money, and this one hasn’t succeeded, so the share price drop is completely justified. There’s not much...
yesterday
by Mickwitz
0
What a crappy show, and we didn’t see Resonantia, so we’ll have to see where we hear more about it.
yesterday
by Hasty
4
After the previous CEO’s last few years, it’s good if the CEO focuses on doing rather than talking. From the CEO’s perspective, they should ...
3/25/2026, 8:06 AM
17
The stock is indeed YTD -25%, even though an important major release is coming very soon… The new CEO, Jean-Charles Gaudechon, is at least keeping...
3/24/2026, 2:19 PM
by Garda
5
As mentioned, the stock has dropped quite a bit. At the same time, Remedy’s most important game is just around the corner, which made me think...
3/24/2026, 2:00 PM
by Hasty
11
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