bisoft stock has fallen to its lowest point since 2015 with the projected sales of Star Wars Outlaws seen as a potential cause.
Why It Matters: The initial physical sales of Star Wars Outlaws are disappointing to investors that expected the game to outperform its recent titles. A somewhat muted critical reception seems to have slowed the sales of the new game which was hoped to bring Ubisoft stock up after the disappointing launch of XDefiant earlier this year.
By the Numbers:
- The initial UK sales of Star Wars Outlaws are 55% lower than Jedi: Survivor but 15% higher than Ubisoft’s recent release, Avatar: Frontiers of Pandora.
- Ubisoft’s stock has fallen 34% since the start of 2024.
Reality Check: Digital sales figures for Outlaws will not be available until later in the week, so there is potential for the stock to rebound when investors receive updated numbers.
The Big Picture: If Star Wars Outlaws proves to underperform in digital sales, Ubisoft will look to Assassin’s Creed Shadows to restore investor confidence when it releases in November.
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