October 24, 2021

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Ubisoft: More pessimistic analysts ahead of results

Ubisoft: More pessimistic analysts ahead of results

(Photo credits: Unsplash – Nicozza)

(CercleFinance.com) – Title Ubisoft blamed a strong fall in SBF 120 on Thursday at the end of the session.

At 4:40 pm, the stock was down about 4.5%, while the SBF 120 index was up 1.2%.

JPMorgan analysts on Thursday announced that Ubisoft will be waiting for the October 28 release of the list of stocks they should watch (‘Catalyst Watch’) – with negative implications.

In its note, the design office said it was concerned about the risk of short-term disappointment over the performance of the video game team, especially considering the dark reception reserved for ‘For Cry 6’.

On the side of Invest Securities, the Ghost Recon frontline shooter seems to be the only one causing concern.

According to a Paris stockbroker, Ubisoft has actually decided to postpone the availability of a trial version of the game, which was initially offered between October 14 and 21, until an undecided date.

Through the presentation, the investment service provider mentions the ‘more than mixed’ reception of the game’s presentation trailer, which received a 35% / 65% likes / dislikes ratio on YouTube.

Unlike JPMorgan – which is at risk of disappointing results – Invest Securities says it has no worries about the immediate future.

While this event does not have short-term financial consequences, it again raises the question of the publisher’s editorial article, in which access preference and monetization in the game (selling components within the game) do not want a significant portion of the group’s history fans, ‘he is angry at a note.

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