On September 2 and 3, 2024, Ubisoft’s shares fell by 10% to €15.50, a level the company last reached in 2014. At the same time, the company’s capitalization fell to 1.99 billion euros. This happened after the studio’s game, Star Wars Outlaws, received not the best reviews from critics and players. This was reported by Insider Gaming.
The official release of Star Wars Outlaws took place on August 30, and the game was received rather mediocrely. On Metacritic, the average rating of the game from players is 4.9. The situation with critics is slightly better, both on Metacritic and Opencritic, with an average score of 76.
This perception of the project led J.P. Morgan to cut its sales forecasts for Ubisoft’s new game by 2 million copies. It is now predicted that 5.5 million copies of the game will be sold by March 2025.
In addition, last week, Insider Gaming also reported problems with XDefiant, a new free-to-play team-based shooter from Ubisoft. According to the sources, the game is on pause and risks losing support if the company fails to return players by the end of Season 3.
At the same time, investors are optimistic about the release of Assassin’s Creed Shadows, which will be released on November 15 and has probably already received a large number of pre-orders despite controversial discussions on the Internet. The new installment of Ubisoft’s famous franchise will be crucial for the financial year.
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