Is Ubisoft losing money?

Ubisoft stock crashes as company prepares 500 million Euro loss for 2022.

Are Ubisoft in trouble?

Its share price sank more than 38% in 2022, erasing 3 billion euros from the company's market value. Meanwhile, internal scandals have also haunted the company. Ubisoft underwent an executive shakeup in 2020 following reports of sexual harassment and abuse.

How much money is Ubisoft losing?

Investors view Ubisoft as a potential takeover target. Its share price sank more than 38% in 2022, wiping off 3 billion euros from the company's market value. In September, Tencent upped its stake in the company in a deal that made the Chinese tech giant Ubisoft's largest shareholder.

Is Ubisoft struggling financially?

Ubisoft Is In Big Financial Trouble – The Current Gaming Industry Trend And Ubisoft's Greed. Ubisoft understands that “the industry continues to shift towards mega-brands and long-lasting titles that can reach players across the globe, across platforms and business models”.

Why is Ubisoft stock falling?

Ubisoft has shown weak price action after the game studio Frontier Developments (OTC:FRRDF) warned that sales and profits for Q4 2022 will likely come in materially lower than what has been expected.

What The HELL IS Happening With Ubisoft?

Why is Ubisoft struggling?

For the past few years, Ubisoft has been consistently plagued by internal issues involving alleged misconduct at the highest levels and struggles to grow company sales and live services beyond breadwinners like its “Assassin's Creed” franchise and “Tom Clancy's Rainbow Six Siege.”

Is Ubisoft in debt?

UbiSoft Entertainment debt/equity for the three months ending September 30, 2022 was 0.82. Ubisoft Entertainment operates in parts of Europe, Canada and the United States and its primary activities are the production, publishing and distribution of interactive entertainment products.

How many people left Ubisoft?

LinkedIn reports Ubisoft's attrition rate is 12%, according to data supplied by Ubisoft.

What is happening to Ubisoft?

Ubisoft's Project Q has now been reportedly cancelled. The PvP battle arena game was announced less than a year ago in April 2022. They've already delayed Skull and Bones six times now and the recent comments by CEO Yves Guillemot haven't helped.

Will Ubisoft stock go up?

The 20 analysts offering 12-month price forecasts for Ubisoft Entertainment SA have a median target of 4.91, with a high estimate of 17.06 and a low estimate of 3.58. The median estimate represents a -6.66% decrease from the last price of 5.26.

Who is bigger Ubisoft or Activision?

Activision's brand is ranked #157 in the list of Global Top 1000 Brands, as rated by customers of Activision. Their current market cap is $74.02B. Ubisoft's brand is ranked #80 in the list of Global Top 100 Brands, as rated by customers of Ubisoft.

Who owns most of Ubisoft?

What 3 games did Ubisoft cancel?

The underperformance of Just Dance 2023 and Mario + Rabbids Sparks of Hope was called out as a particular surprise, and a core reason for the company's planned future pivots. 'We are clearly disappointed by our recent performance.

Is Ubisoft grounded?

Grounded is a survival, action-adventure video game developed by Obsidian Entertainment and published by Xbox Game Studios. It was released for Microsoft Windows and Xbox One in early access in July 2020. It was fully released on September 27, 2022.

Is Ubisoft killing online support?

If you have fond memories of older Ubisoft games with online components from the early 2010s, you might want to check in on them soon. That's because on September 1st 2022, Ubisoft is dropping support for online services in 15 different games including Assassin's Creed Brotherhood.

Will Ubisoft go back to Steam?

Ubisoft is the latest publisher to return to leading PC games marketplace Steam after a period of focusing on other stores. As spotted by Eurogamer, the company has created a Steam page for Assassin's Creed: Valhalla, the 2020 entry in Ubisoft's flagship series. It will release on December 6.

Is Ubisoft pulling out of Steam?

It's not clear why Ubisoft stopped putting its PC games on Steam or why it's coming back now, but it appears to be picking up where it left off: Valhalla was the 2020 flagship game in the Assassin's Creed series, with the next title, Assassin's Creed Mirage, not due till 2023.

Is Ubisoft removing Assassin's Creed?

Ubisoft has removed Assassin's Creed: Liberation HD from Steam as part of a larger online “decommissioning” of several of its titles, most notably on PC. What alarmed owners of the game was a notice by Ubisoft implying that those who purchased it would still lose access in September.

How much is Ubisoft worth now?

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. UbiSoft Entertainment net worth as of April 04, 2023 is $3.3B.

What is Ubisoft's biggest games?

How rich is Ubisoft?

Ubisoft annual net income as of FY 2020-22

In the financial year 2021-22, which ended in March 2022, French video game producer Ubisoft reported a net income of 79.5 million euros, down from a net income of over 105.2 million euros in the previous year.

Is Ubisoft a good company?

Out of 157 Ubisoft employee reviews, 76% were positive. The remaining 24% were constructive reviews with the goal of helping Ubisoft improve their work culture. The HR team, with 92% positive reviews, reports the best experience at Ubisoft compared to all other departments at the company.

Is Ubisoft good to invest in?

Ubisoft Entertainment has received a consensus rating of Hold. The company's average rating score is 2.18, and is based on 4 buy ratings, 5 hold ratings, and 2 sell ratings.

Can Ubisoft be trusted?

Ubisoft has a rating of 2.5 stars from 6 reviews, indicating that most customers are generally dissatisfied with their purchases. Ubisoft ranks 284th among Gaming sites.