The last few months were quite rough for Ubisoft because of the disappointing Ghost Recon Breakpoint release. Following this, the publisher delayed three of its major games, Gods & Monsters, Rainbow Six Quarantine, and Watch Dogs: Legion, to the 2021 fiscal year (April 1, 2020, to March 31, 2021). Ubisoft had a plan of releasing five AAA games during the 2021 fiscal year, but there aren't any concrete dates as to when these games might arrive.
Ubisoft provided a bit more information about the FY 2021 game releases during its 2020 earnings call earlier today. The publisher said that it will be releasing three AAA titles in Q3 2021 (October 1 to December 31, 2020), and two more games are scheduled to release in Q4 2021 (January 1 to March 31, 2021). Given this information, we can all safely assume that these six months are going to be quite busy for Ubisoft, but we shouldn't expect much before that.
Ubisoft also stated that one of the games that was delayed in the trio of Gods & Monsters, Rainbow Six Quarantine, and Watch Dogs: Legion will be coming in the early months of 2021. This means we'll be getting two of the three delayed games during the 2020 holidays. One of those two games is certainly going to be the rumored Viking-themed Assassin's Creed Ragnarok, while the remaining two games are left for speculation. Ubisoft clearly mentioned that Beyond Good & Evil 2 is not among the two mystery games. Personally, I think it could be a new Far Cry game or hopefully the consistently delayed Skull & Bones pirate adventure game.
Now whatever AAA games that Ubisoft has planned to release, we can expect them to be quite unique. Recently, the company also made some changes to its editorial team to offer a fresh experience to gamers. The publisher has claimed that the effect of these changes can be seen as early as this year.