Ubisoft Stock Sinks To 10-Year Low As Star Wars Outlaws Underperforms - GameSpot
Ubisoft Stock Sinks To 10-Year Low As Star Wars Outlaws Underperforms - GameSpot
Ubisoft's share price has dropped more than 10% since late August due primarily to the perceived underperformance of Star Wars Outlaws.
Star Wars Outlaws is the first open-world Star Wars game ever, but it seems that this galactic low-life adventure isn't quite living up to sales expectations.
Ubisoft's share price has fallen 12.6% since Outlaws released on August 27, and it now sits at the lowest level since 2015.
Ubisoft's sales target for Star Wars Outlaws is unclear--the company didn't announce a public number--but the market results indicate that it's not a hit. Per Reuters, JP Morgan analyst Daniel Kerven said that the game has "struggled to meet sales expectations despite positive critical reviews." The analyst lowered his sales expectations for the game from 7.5 million to 5.5 million through March 2025, noting that Outlaws' budget was at least 30% higher than last year's Assassin's Creed Mirage.
Outlaws isn't the only game weighing on Ubisoft's stock price. Initial interest in the company's free-to-play online shooter XDefiant has cooled off in recent months, which contributed to the slide. Ubisoft's next major release will come on November 15 with Assassin's Creed Shadows, the feudal-Japan-themed entry that fans have been asking for for years.
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I'm vaguely interested in the game, and I've decided that the Xbox Series X version is better than the PS5 version...
But all that could change if the PS5 Pro gets announced, so I'm waiting to see if that's reality or just more leaker bullshit.
I can wait until 9/9 to see if it's true or not.
I'm pretty sure both mid-gen updates this cycle are mostly cosmetic thing's. We aren't getting like an Xbox One to One X kinda upgrade and I'm 90% sure PS isn't either.
I could also be completely wrong on the PS part. I have no insider information lol.