Ubisoft jumps, analyst points to good performance of latest Assassins' Creed game

Ubisoft Entertainment SA

24/03/2025 11:40

** Shares in French video game maker Ubisoft UBIP.PA rise 11%, an analyst pointing to promising early sales performance  of the latest Assassin's Creed (AC) game instalment

** After several delays, AC Shadows premiered last week with 'very positive' user ratings, a stark contrast to Ubisoft's bug-ridden launch of its other major title Star Wars Outlaws last year

** Midcap Partners analyst Chales-Louis Planade points out the game is a top seller across most distribution platforms on PC and gaming consoles Playstation 5, Xbox, with a user score hovering around 80%

** When asked by Reuters, Ubisoft said the company would not communicate on the game's performance until later

** Planade adds the Twitch gaming community, which he consider as one of the most reliable indicators, is highly active, in line with Valhalla, a previous well-received instalment of the franchise

** Ubisoft shares are heading for their best day in 3-3/4 months

** Up until Friday's close, they lost 7.6% in value YTD; over 2024 they dropped 43%

 (Reporting by Mathias de Rozario in Gdansk)

 ((mathias.derozario@thomsonreuters.com;))