Just few weeks after two popular posts how everyone was agreeing the company is dead Ubisoft stock rise from 8.30€ to now 10:20€.
Hasn’t been this high since May. I’m honestly surprised how well timed the Reddit post came before this rise in stock.
And they still haven’t even announced anything. Their imminent pipeline includes:
- Prince of Persis Remake
- AC Black Flag Remake
- Splinter Cell game
- Gritty Assassins Creed set in 18th century Germany
- Rayman game
- Far Cry game
I don’t see any of these games end up being flops. Ubisoft suffered from poor release cadence and several bombs in a row (Avarar, Star Wars Outlaws, Skull&Bones, XDefiant)
Their financials should improve a lot next year.
And whatever they do in collaboration for Tencent.
Their turn around story could shape out similar to Square Enix who’s stock also came way down over long time and recovered sharply simply on better outlook