Ubisoft Hopes to Regain Momentum with Star Wars Outlaws and AC ShadowsCompany Share Price Fluctuated Consecutively Last Week
The launch of Star Wars Outlaws was expected to be a pivotal moment for Ubisoft, a significant release that the company had set its sights on to aid in boosting its financial standing. However, despite a favorable reception from critics, the game has underperformed in terms of sales, leading to a decline in Ubisoft's share price last week on September 3.
Ubisoft had placed considerable hopes on Star Wars Outlaws, as well as its other upcoming blockbuster release, Assassin’s Creed Shadows (AC Shadows), positioning them as long-term "value drivers." In its first-quarter 2024-25 sales report, the company emphasized its focus on these two titles, hoping they would aid in transforming the company's financial outlook.
In its Q1 2024-25 sales report, Ubisoft stated that they are focused on successfully launching their promising new releases, that being Star Wars Outlaws along with Assassin’s Creed Shadows, and "positioning them as long-lasting value drivers for Ubisoft while continuing the transformation of our organization." Additionally, the company saw a 15% growth in session days across consoles and PC, " mostly driven by Games-as-a-Service. MAUs stood at 38 million, up 7% year-on-year," Ubisoft noted.
Sales for Star Wars Outlaws have been described as "sluggish." According to a report from news outlet Reuters, J.P. Morgan analyst Daniel Kerven remarked that the Star Wars Outlaws has "struggled to meet our sales expectations despite positive critical reviews." Kerven revised his sales projections for the game—from 7.5 million units to 5.5 million units through March 2025.
Following the recent release of Star Wars Outlaws on August 30, Ubisoft’s shares fell for a second consecutive day on September 3, with it coming out a lot lower on Monday and dipping another a bit by Tuesday morning, according to the news outlet. This decline in the company's share price was noted to be "at their lowest levels since 2015 and adding to their over 30% drop since the start of the year."Despite receiving generally favorable critic reviews, Star Wars Outlaws seems to have not resonated as strongly with players. At the time of writing, it sits at a user score of just a bit out of 10 on Metacritic. Game8 has given Star Wars Outlaws a rating of 90/100 and believes it is "an exceptional game that does justice to the Star Wars franchise." For more of our thoughts on Star Wars Outlaws, check out our review at the link below!
Halloween Treats Galore: Shop Titans Spooktacular Event Live
Nov 09,2024
Twitch Star Calls for Release of Controversial Banned Streamer's Messages
Dec 17,2024
Honor of Kings Unveils Winter Wonderland with Snow Carnival
Dec 16,2024
PUBG Mobile's Ocean Odyssey: Dive into Adventure
Dec 14,2024
Overwatch 2 Rein, Winston Buffs Planned
Dec 10,2024
Rush Royale: Sizzling Summer Event Launches!
Nov 25,2024
Top Android Gaming Handhelds: 2024 Review
Nov 25,2024
Pokémon UNITE celebrates its 3rd anniversary with Legendary Ho-oh.
Nov 09,2024
Pokémon Reality TV Show Brings TCG to the Forefront
Mar 06,2024
Enjoy Famous K-pop Rhythms with Superstar Wakeone
Dec 18,2024
Online Check Writer
Finance / 49.00M
Update: Jun 15,2022
17LIVE - Chat, Live streaming
Communication / 53.00M
Update: Oct 20,2022
Monster Kart
Action / 144.03M
Update: Dec 15,2024
HANSATON stream remote
WinZip – Zip UnZip Tool
Waterfall Photo Editor -Frames
Phonics for Kids
Escape game Seaside La Jolla
Venus Attracts
Riding Extreme 3D