Ubisoft is under scrutiny following delays to its Assassin’s Creed Shadows, the next game in the franchise. The game’s release was pushed to February 2025, leading the company to reduce its guidance. Net bookings are down from prior estimates, largely due to the underperformance of Star Wars Outlaws and the game's mixed reception. Activist investor AJ Investments is pushing for Ubisoft's sale, potentially to Tencent. Analysts are downgrading Ubisoft's stock, with Deutsche Bank dropping its rating to "hold."
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00:00It's Benzinga, and here's what's on the block.
00:02Ubisoft is under scrutiny following delays to its Assassin's Creed Shadows, the next
00:07game in the franchise.
00:09The game's release was pushed to February 2025, leaving the company to reduce its guidance.
00:14Net bookings are down from prior estimates largely due to underperformance of Star Wars
00:18Outlaws and the game's mixed reception.
00:21Activist investor AJ Investments is pushing for Ubisoft's sale, potentially to Tencent.
00:27Analysts are downgrading Ubisoft's stock, with Deutsche Bank dropping its rating to
00:31hold.
00:32For all things money, visit Benzinga.com.