The recent release of open-world action-adventure Star Wars Outlaws sent French publisher and developer Ubisoft’s shares tumbling to their lowest levels in years.
Image source: X (KeenEyeVP)
Ubisoft shares have fallen 7.6% over the past two days, adding to a 30% drop since the start of 2024, Reuters reports. The figure has not fallen this low for nine years, since 2015.
According to Midcap Partners analyst Charles-Louis Planade, the decline was caused by the lukewarm reception of Star Wars Outlaws and low interest in the free-to-play shooter XDefiant.
Star Wars Outlaws Metacritic user rating: 4.0 to 4.9 out of 10 (Image source: Ubisoft)
Expert J.P. Morgan’s Daniel Kerven added that Star Wars Outlaws “struggling to meet [analysts’] sales expectations.” J.P. Morgan also lowered its forecast for the game from 7.5 million to 5.5 million copies by April 2025.
In UK retail, Star Wars Outlaws opened 55% worse than Star Wars Jedi: Survivor (image source: GameRant)
Star Wars Outlaws was released on August 30 on PC (Ubisoft Connect, EGS), PS5, Xbox Series X and S, although owners of premium editions received access three days earlier. A season pass with two story additions has already been prepared for the game.