Star Wars Outlaws is last week’s best-selling game in the UK, but interest isn’t as high as Ubisoft would have liked. Due to the action-adventure game’s unconvincing reception, the French company’s shares have plunged to a ten-year low. Ubisoft shares have lost more than 10% in the last two days. They were last at €15.50 per share in December 2014. As a result, the company’s market capitalization on the Paris Stock Exchange has fallen below €2 billion.
Investor confidence shaken
By all accounts, investors don’t believe in the great success of Star Wars Outlaws. On Metacritic, the game has 76% from journalists, while only 4.9/10 from users. The rating is similar to Metacritic, but we recommend watching the details from our full review here. J.P. Morgan has lowered its sales estimate by two million units, predicting it will sell 5.5 million units by March 2025. Ubisoft is still troubled by XDefiant. The free-to-play shooter using familiar brands has had a good start but is failing to retain players and lure new ones. The developers reportedly have two upcoming seasons to increase player numbers. Otherwise, development is at risk of being halted.
Hope on the horizon: Assassin’s Creed and beyond
Despite this situation, Ubisoft has good prospects. Investors are confident in the success of Assassin’s Creed Shadows. The action RPG set in feudal Japan is set to ensure this fiscal year is a financial success. Ubisoft is also planning new installments of Far Cry and Ghost Recon and a remake of the first Splinter Cell installment. So, let’s see how Ubisoft’s current fiscal year turns out. It ends on March 31, 2025.
