Today’s news from Ubisoft as of 04/27/2022:
Will the French company Ubisoft change hands? This question is currently in people’s minds, after the information showing the interest of several buyers. According to the American business media Bloombergthe investment funds Blackstone and KKR are examining the possibility of buying the video game publisher.
At Ubisoft, we prefer not to comment these rumours. The company reaffirmed to AFP that it has one of the most diverse portfolios in the industry, with exposure to current industry growth and opportunity.
After climbing nearly 10% on Monday on rumours, Ubisoft stock lost 4.11% at the close on Tuesday April 26, trading at 40.35 euros at the end of trade. In the short term, the stock could continue this trend and return to its pre-April 25 level, but the opening of negotiations for a sale could send the stock price higher again.
Ubisoft action notice in the medium term : Ubisoft stock fell sharply throughout 2021. But increased interest in metaverses and Microsoft’s acquisition of Activision restores color to Ubisoft’s stock which could reach $70 in the coming quarter.
Long-term Ubisoft share notice : In the event of a merger with a large group, Ubisoft’s share could jump beyond $100.
Here is the live course from Ubisoft.
- Ubisoft Mirror Mag Rating: 8/10
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Opinion on what drives Ubisoft stock down
Ubisoft’s stock may be negatively impacted by a number of factors.
- Loss of market share
- Decline in the number of new subscribers on Ubisoft Plus
- Decline in sales on a popular franchise
Opinion on what makes Ubisoft stock rise
Ubisoft’s stock may be positively impacted by a number of factors.
- Release of a new game for a popular franchise
- Cloud diversification and increase in Ubisoft Plus subscribers
- Advancements in Metaverse and NFTs
- Relationships with other game publishers or a large technological group
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