Home ยป Ubisoft Stock Plummets 12.6% Following Unsuccessful Launch of Star Wars Outlaws

Ubisoft Stock Plummets 12.6% Following Unsuccessful Launch of Star Wars Outlaws

Ubisoft’s stocks plummeted by 12.6% following the release of Star Wars Outlaws, hitting a nearly 10-year low at 15.22 euros and causing the company’s valuation to drop to 1.96 billion euros.

Analysts from J.P. Morgan believe that the game may fall short of expectations, lowering their sales projections for Star Wars Outlaws by 2 million units to 5.5 million units. Another downside is that this game had a development budget of at least 30% higher than Assassin’s Creed Mirage, released in 2023.

Now, Ubisoft must pin its hopes on the upcoming release of Assassin’s Creed Shadows in November.

Source: IGN

TLDR: Ubisoft’s stocks plunged after Star Wars Outlaws release, now banking on Assassin’s Creed Shadows.

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