Streetbeat News

UBSFF

UBISoft Entertainment

https://www.ubisoft.com

CEO

Yves Guillemot

Industry

Software Publishers

Open

13.00

Mkt cap

1.7B

Volume

200

High

13.00

P/E Ratio

-28.89

52-wk high

26.45

Low

13.00

Div yield

N/A

52-wk low

10.30

Ubisoft, a leading video game company, is closing its Leamington site in the UK and restructuring operations at three other locations, affecting 185 employees. This move is part of a broader restructuring effort.

Portfolio Pulse from

January 28, 2025 | 9:00 am

Ubisoft has delayed the next installment of its 'Assassin's Creed' series, leading to lowered financial forecasts. This is a common occurrence in the gaming industry, where first impressions are crucial.

Portfolio Pulse from

January 13, 2025 | 5:30 pm

Ubisoft, a major French video game company known for its 'Assassin's Creed' franchise, is reportedly being targeted by potential suitors. The company has a significant global presence with operations in 20 countries.

Portfolio Pulse from

January 10, 2025 | 4:30 pm

Ubisoft is considering restructuring options and has delayed the release of the new Assassin's Creed game. This move is part of a broader strategy to reshape the company.

Portfolio Pulse from

January 09, 2025 | 7:15 pm

Ubisoft has postponed the release of its new game, Assassin's Creed Shadows, from February 14 to March 20. This delay could impact the company's short-term financial performance and investor sentiment.

Portfolio Pulse from

January 09, 2025 | 5:15 pm

Ubisoft has announced the discontinuation of its free-to-play first-person shooter game, XDefiant, and plans to close its San Francisco and Osaka studios.

Portfolio Pulse from

December 04, 2024 | 12:30 pm

Ubisoft Entertainment SA has launched its first blockchain game, Champions Tactics: Grimoria Chronicles, featuring NFTs priced up to $64,000. The game offers a free-to-start model with strategic gameplay and unique in-game assets. This follows Ubisoft's previous NFT initiative with limited success.

Portfolio Pulse from Franca Quarneti

October 30, 2024 | 5:54 pm

Tencent Holdings ADR denied rumors of layoffs and restructuring, while announcing leadership changes. The company clarified that no widespread job cuts are planned, and its subsidiary TiMi Studio Group is actively recruiting. Tencent is also in talks with Guillemot Brothers Ltd. regarding Ubisoft Entertainment SA, potentially leading to a buyout.

Portfolio Pulse from Franca Quarneti

October 29, 2024 | 7:03 pm

Ubisoft's strategy of delaying the release of 'Prince of Persia: The Lost Crown' on Steam is criticized for its poor sales performance. Despite positive reviews, the game struggled financially, leading to the disbandment of its development team. Michael Douse from Larian Studios argues that the delayed Steam release was a mistake. Ubisoft is also facing criticism for its approach to game ownership and server shutdowns.

Portfolio Pulse from Franca Quarneti

October 25, 2024 | 6:58 pm

The US gaming market saw a 7% decline in spending in August 2024, with hardware sales dropping significantly, particularly for Nintendo's Switch. However, Electronic Arts' Madden NFL 25 was a bright spot, topping sales charts. Despite the decline, year-to-date spending remains stable.

Portfolio Pulse from Franca Quarneti

October 14, 2024 | 6:30 pm

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