Ubisoft Shares Drops Amid Revised FY2024–2025 Targets and Game Launch Challenges

Following the revision of the company’s FY2024–2025 financial projections, Ubisoft’s shares fell 4.5% on Wednesday. Ubisoft stated in a press release that it now projects break-even non-IFRS operating income, free cash flow, and net bookings of around €1.95 billion. Furthermore, the company has revised its target for net bookings for the second quarter of FY2024–2025 to be between €350 and €370 million. This update is in response to Star Wars Outlaws’ softer-than-expected launch and Assassin’s Creed Shadows‘ postponed release.

Citing lessons learned from the launch of Star Wars Outlaws, Ubisoft stressed that the choice was made with the player in mind. According to the business, the biggest entry in the franchise promises to provide a dual-protagonist adventure with improved gameplay styles. Meanwhile, the business reports that Star Wars Outlaws has experienced lackluster first sales despite garnering positive reviews (76 on Metacritic) and high user ratings (3.9/5 on First Party and Epic stores).

Ubisoft to Release Star Wars Outlaws on Steam November 21, Focused on Gameplay Enhancements

Ubisoft stated that in an effort to increase sales over the Christmas season, its development teams are working on upgrades to enhance the player experience. November 21 is when the game is scheduled to release on Steam.

Our second quarter performance fell short of our expectations, prompting us to address this swiftly and firmly, with an even greater focus on a player-centric, gameplay-first approach and an unwavering commitment to the long-term value of our brands. We remain committed to creating games for fans and players that everyone can enjoy,

Yves Guillemot, Ubisoft’s CEO

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