UBSFY News and Press, Ubisoft Entmt Unsp/Adr From 07/16/23

2023-07-16 11:00:00 ET The video game industry is one of the largest entertainment markets, but the recent sluggish sales performance of the leading players means investors can buy some of the industry's cream-of-the-crop at attractive valuations. Here's why France-based Ubisoft Enter...

2023-07-14 11:00:57 ET Summary Ubisoft's stock price has fallen over 75% in the last five years due to the company's strategy of releasing similar games annually, which has led to a decline in interest from gamers. The company plans to increase the number of talent working on the ...

2023-07-14 09:39:21 ET Summary Ubisoft unveiled an impressive lineup of games at its annual game showcase, including Assassin's Creed Mirage, Avatar Frontiers of Pandora, and Star Wars: Outlaws. The company's FY24 P/E is approximately 14x, a discount of nearly 30% versus the industry ...

2023-07-13 03:40:12 ET Summary Electronic Arts is expected to outperform in the gaming industry by leveraging its 'games as a platform' strategy, backed by robust financial performance and growth track record. EA's revenue and cash flow have grown consistently over the past decade...

2023-07-12 14:21:38 ET A successful completion of Microsoft's ( MSFT ) $69 billion acquisition of Activision ( ATVI ) may lead to further consolidation in the videogame industry, according to a Benchmark analyst. Take-Two Interactive ( NASDAQ: TTWO ), Electronic Arts ( ...

2023-07-01 10:03:00 ET U.S. videogame sales rebounded with a strong year-over-year gain in May, with no small thanks due to a new game from a venerable Nintendo ( OTCPK:NTDOY ) franchise. Overall sales rose 12% to $4.118B from last May's $3.665B, according to research group Circana....

2023-07-01 10:00:00 ET Summary DIS has partnered with AAPL for the Vision Pro spatial headset by offering Disney+ streaming content and interactive 4D gameplay experiences. This partnership could boost DIS' revenue from 2024 onwards while diversifying its monetization opportunitie...

2023-06-28 11:01:05 ET Ubisoft stock got an early boost Wednesday after Citi opened a 90-day positive catalyst watch ahead of July earnings and some ambitious game releases on its watchlist. The company's stock was 2.7% higher in Paris; in U.S. trading, ( OTCPK:UBSFY ) +2.1% ...

2023-06-17 04:10:23 ET Summary I remain convinced and bullish on Ubisoft due to undervaluation, resulting in double-digit gains in less than 3 months and more going forward. The company faces challenges and a quick recovery is not expected in the next 1-2 years. Ubisoft's powe...

2023-05-20 10:00:00 ET U.S. videogame sales fell year-over-year for the second straight month in April, as a broad content decline more than offset more gains in console sales. Overall sales dipped 5% to $4.123B from last March's $4.32B, according to research group Circana. On a yea...