Paris - Delayed Quote ? EUR Ubisoft Entertainment SA (UBI.PA) Follow Compare 13.66 +0.61 (+4.67%) At close: October 17 at 5:38 PM GMT+2 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 'Assassin's Creed' maker Ubisoft says regularly reviews options after buyout report Ubisoft, the maker of the "Assassin's Creed", "Far Cry" and "Watch Dogs" video games, said on Monday it regularly reviewed "all its strategic options", but declined further comment on a recent report of buyout interest. France's largest video games maker has long been seen as a takeover target and has lost half of its stock market value over the last twelve months. Ubisoft said in a statement that it would inform the market if and when appropriate. Reuters ? 10 days ago UBSFY Company Statement Company Statement Paris, October 7, 2024 – Ubisoft has noted recent press speculation regarding potential interests around the Company. It regularly reviews all its strategic options in the interest of its stakeholders and will inform the market if and when appropriate. The Company reiterates that management is currently focused on executing its strategy, centered on two core verticals – Open World Adventures and GaaS-native experiences. Contacts Investor Relations Alexandre Enjalbert Head of In GlobeNewswire ? 10 days ago UBSFF UBSFY Ubisoft shares jump following reports of Tencent, Guillemot family considering buyout Shares of Ubisoft jumped more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker. Bloomberg news reported that Tencent and Guillemot family — minority stakeholders in Ubisoft — have been discussing ways to stabilize the company after it lost more than half its market value this year. Ubisoft declined to comment. Associated Press Finance ? 13 days ago UBSFY TCEHY Tencent, Guillemot family mulling buyout of 'Assassin's Creed' maker Ubisoft, Bloomberg News reports Guillemot Brothers and Tencent have been speaking with advisers to help bolster Ubisoft's value, and stabilize the company, Bloomberg said, citing people familiar with the matter. Ubisoft's shares surged nearly 30% after the report of the buyout. Reuters ? 13 days ago UBSFY TCEHY Ubisoft shares set for biggest one-day jump on record after takeover report LONDON (Reuters) -Shares in video game maker Ubisoft surged over 30% on Friday after Bloomberg reported that major shareholder Tencent and the Guillemot family, its founders, were considering a buyout of the company. Shares in the maker of "Assassin's Creed" were last up 27% at 13.54 euros, set for the biggest one-day jump on record. Ubisoft declined to comment on the report when contacted by Reuters. Reuters ? 13 days ago UBSFY Tencent, Guillemot Family Said to Consider Buyout of Ubisoft (Bloomberg) -- Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than half its market value this year, according to people familiar with the matter. Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilFrom Cleveland to Chicago, NFL Teams Dream of Domed Stad Bloomberg ? 13 days ago UBSFY TCEHY Ubisoft downgraded to Hold from Buy at Benchmark Benchmark downgraded Ubisoft to Hold from Buy with no price target due to ongoing execution issues, as well as the recent underperformance of “Star Wars Outlaws” along with the delay of “Assassin’s Creed Shadows.” The delay of “Assassin’s Creed,” Ubisoft’s top franchise, is “particularly concerning,” as it raises doubts about the game’s direction, while these challenges taken together suggest “deeper systemic problems within the company” that are now impacting its top franchises and licensed int TipRanks ? 16 days ago UBSFF UBSFY Ubisoft price target lowered to EUR 20 from EUR 22 at BMO Capital BMO Capital lowered the firm’s price target on Ubisoft to EUR 20 from EUR 22 and keeps an Outperform rating on the shares. The company’s Q2 and FY25 guidance cut was driven by the initial softness in Star Wars Outlaws title and the delay of Assassin’s Creed Shadows from November to February, though the firm also hopes that the management’s update provides visibility and helps to de-risk the long-term story, the analyst tells investors in a research note. Published first on TheFly – the ultimate TipRanks ? 20 days ago UBSFF UBSFY Analysts turn bearish on Ubisoft as shares slump Investing.com -- Analysts have turned bearish on Ubisoft as the gaming giant's shares slumped following disappointing financial guidance and delays in key game releases. Investing.com ? 20 days ago UBSFY Video game maker Ubisoft in chaos after anti-DEI backlash The ‘Assassin’s Creed’ game maker delayed its biggest launch of the year, reduced forecasts, and is facing calls to sell, in what is being called an ‘incel victory.’ FastCompany ? 21 days ago UBSFY Europe facing gas shortage this winter, warn experts Europe is facing a massive shortfall of natural gas this winter because of disruption in maintenance schedules on Norway’s gas platforms and pipelines, analysts have warned. The Telegraph ? 21 days ago ^FTSE COMP MU 'Assassin's Creed' maker Ubisoft faces strike over return-to-office plan PARIS (Reuters) - "Assassin's Creed" maker Ubisoft faced a union call for three days of strike action on Thursday after the French videogame group told workers to return to the office. Ubisoft told its employees that they would be required to go to the office three days a week, the STJV videogame workers' union said, adding that the company's demand came after profit-sharing negotiations collapsed. Ubisoft's shares dropped by more than 17.5% after it postponed the release of "Assassin's Creed Shadows" by three months on Wednesday and cut its net bookings guidance. Reuters ? 21 days ago UBSFY Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle An activist investor pushing for a sale of "Assassin's Creed" maker Ubisoft has gathered support from 10% of the French videogame publisher's shareholders, it said in a letter on Thursday that was exclusively shared with Reuters. AJ Investments, which has less than 1% stake in Ubisoft, said it was in talks with private equity firms for its push. "We call on the management of Ubisoft to allow the sale of the company to third parties or private equity firms at a fair price," the Slovakia-based activist investor said in the letter, which would be made public later in the day. Reuters ? 21 days ago UBSFY Ubisoft Shares Sink to Decade Low After ‘Assassin’s Creed’ Delay (Bloomberg) -- Ubisoft Entertainment SA shares fell to their lowest in more than a decade after the French video game company cut its outlook on weaker-than-expected sales and delayed the hotly anticipated Assassin’s Creed Shadows.Most Read from BloombergA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA Housing Crisis Brews in Rwanda’s Capital CityNew Rowhouses in London That Offer a Bridge to the 19th CenturyClimate Bloomberg ? 21 days ago UBSFY Ubisoft Slashes Guidance After Assassin’s Creed, Star Wars Setbacks The updated forecasts come after the French videogame maker delayed the release of Assassin’s Creed Shadows and said initial sales of Star Wars Outlaws proved softer than expected. The Wall Street Journal ? 22 days ago UBSFF UBSFY France's Ubisoft postpones 'Assassin's Creed Shadows' release, cuts guidance (Reuters) -French videogame maker Ubisoft has postponed the release of "Assassin's Creed Shadows" by three months to Feb. 14, 2025 and cut its net bookings guidance. Ubisoft said in a statement that net bookings are now seen falling from last year, to around 1.95 billion euros for the company's 2024-2025 fiscal year. Shares in Ubisoft touched 10-year lows this month after a muted reception to the release of its "Star Wars Outlaws" game. Reuters ? 22 days ago UBSFY Ubisoft updates its financial targets for FY2024-25 Ubisoft updates its financial targets for FY2024-25 Paris, September 25, 2024 – Following a meeting of its Board of Directors, Ubisoft updates its financial targets for FY2024-25. The Company now expects net bookings of around €1.95bn, and around break-even non-IFRS operating income and free cash flow. The company now targets FY2024-25 Net bookings for the second quarter FY2024-25 to stand at around €350-370m million. The revised targets are mainly a reflection of decisions taken for Assassin’s GlobeNewswire ? 22 days ago UBSFF UBSFY More layoffs hit the video game industry: Analyst explains why Microsoft (MSFT) is cutting about 650 employees from its Xbox gaming unit. It's the latest in a string of layoffs that have impacted the video game industry. Wedbush Securities Managing Director, Equity Research Michael Pachter points out that in Microsoft's case, these jobs are redundant, stemming from its acquisition of Activision Blizzard last year. As for the broader industry, he said hiring increased during the pandemic when people were at home playing video games. Now, these companies are "right-sizing," though Pachter thinks they may be cutting too many jobs. Pachter also points to a broader shift in the industry, away from one where people buy the game once at a high price to one where there are in-game purchases. As a result, game makers don't need to make as many games to gain revenue and customers are playing existing titles for longer. Watch the video above to hear what Pachter thinks of Sony's (SONY) new PlayStation 5 Pro and why Take-Two Interactive (TTWO) "has a lot of momentum." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Stephanie Mikulich. Yahoo Finance Video ? last month UBSFF UBSFY SNEJF European video gaming majors Supercell and Ubisoft accused of designing games that ‘trick’ gamers into spending more money The world of video games “shouldn’t be a place where companies bend the rules to increase profits,” said the director of a consumer group. Fortune ? last month UBSFY Ubisoft at its lowest point, but could bounce back - BNP Paribas Investing.com - Ubisoft Entertainment (EPA:UBIP) has been under intense selling pressure for several days, losing more than 12% this week to settle at €13. This plunge, bringing it to its lowest level since 2014, comes despite the recent launch of "Star Wars Outlaws." Investing.com ? last month UBSFY Performance Overview Trailing total returns as of 10/17/2024, which may include dividends or other distributions. Benchmark is CAC 40 Return UBI.PA CAC 40 YTD -40.87% +0.54% 1-Year -52.88% +8.00% 3-Year -70.22% +12.73%
