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Ubisoft Stock Tanks to 10-Year Low After Lukewarm Star Wars Outlaws Launch
Ubisoft stock prices have tanked by over 10% in the past two days following a lukewarm reception to Star Wars Outlaws.
At the time of writing, Ubisoft Entertainment SA stock prices are at €15.50, a level not seen since December 2014. The stock price puts the company’s market cap just shy of €2B at €1.99B.
The stock price drop follows the release of Star Wars Outlaws, which released with a mere 4.9 user score out of 10 according to review aggregator Metacritic. As a result, the tepid response led J.P. Morgan to slash sales forecasts by 2 million units, predicting 5.5 million units sold by March 2025. Combine a slash in sales with Disney’s hefty licensing and it’s not hard to see why investors are skittish on the company’s immediate future.
But that’s not all. Just last week, Insider Gaming reported that XDefiant, the publisher’s free-to-play hit that firmly contributed to the company’s Q1 financial success, was in big trouble. According to our sources, the game is on borrowed time, and it risks losing its much-needed post-launch support if the developers can’t bring back players by the end of Season 3. Ubisoft declined to comment on the report.
Still, investors remain optimistic about the publisher’s future. With the game set to release on November 15, Assassin’s Creed Shadows will be crucial to making this fiscal year a financial success. Despite the game already seeing its fair share of online discourse, our sources suggest its pre-order numbers are strong.
Looking ahead past this fiscal year, things look a little brighter for the company. Next year, we should hear about some huge titles, including the next mainline entries into Far Cry and Ghost Recon and the hotly anticipated Splinter Cell Remake. Who knows, perhaps one could even be announced later this year to perk up investors and, frankly, players, too.
What do you think of Ubisoft’s future? Let us know in the comments below!
What do you think of PlayStation shutting down Concord after just two weeks? For more Insider Gaming, check out details of the first title update for Madden 25.
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