Following the release of Star Wars Outlaws, Ubisoft has experienced a significant drop in its stock value. Over two days, the company’s shares plummeted by more than 10%, reaching their lowest level since 2014. Here are the details…
Ubisoft’s Ongoing Decline
The stock price of Ubisoft Entertainment SA fell to 15.50 euros, reducing the company’s market value to 1.99 billion euros. As we prepared this article for publication, the stock price had further dropped to 15.34 euros, with a market value of 1.97 billion euros.
Star Wars Outlaws underperformed, failing to meet expectations and gaining little favor among players. According to GFK, which tracks physical sales in the UK, the game’s sales were 55% lower than those of Star Wars: Jedi Survivor, released last year. However, digital sales data has yet to be revealed, where Ubisoft hopes for better numbers.
Ubisoft's pirate role-playing game Skull and Bones has dropped to $19.20 on Steam with a 60% discount. But is this game worth buying?
While the game received generally average reviews from critics, scoring 76 on Metacritic, it has fared poorly with players, garnering a user score of just 4.9. This negative reception, combined with weak sales, has led to a downward revision of the game’s expected performance.
It seems Ubisoft is not facing good times ahead. The company’s main remaining hopes are XDefiant, a free-to-play game, and the highly anticipated Assassin’s Creed Shadows, which has achieved strong pre-order numbers. Time will tell if the French company can remain afloat.
