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Deutsche Bank has reduced its 2025 US light vehicle sales forecast by 500,000 to 15.4 million due to impending tariffs affecting auto supply chains and prices. Analysts predict a short-term sales boost as consumers rush to purchase before price hikes, but a significant decline is expected afterward.In the tech sector, Palantir's shares fell amid concerns over government spending cuts, while Moderna's stock dropped 10% following the resignation of the FDA's vaccine chief, raising questions about vaccine safety. Overall, US stocks faced a slump, particularly in consumer discretionary and tech sectors, as fears of an economic slowdown intensified.
UBS Group has reported to the AMF that it has surpassed the 5% threshold in Ubisoft's share capital, now holding 6,571,601 shares, which equates to 5.02% of the capital and 4.58% of voting rights. This increase is due to an off-market acquisition of shares, leading to the loss of the trading exemption for the bank.
UBS Group has reported to the AMF that it has exceeded the 5% capital threshold in Ubisoft, now holding 6,571,601 shares, which equates to 5.02% of the capital and 4.58% of the voting rights. This increase follows an off-market acquisition of shares, leading to the loss of the trading exemption for the bank.
Elon Musk recently joined the backlash against Ubisoft's Assassin's Creed: Shadows, criticizing a streamer for accepting a sponsorship. The game, featuring Yasuke, a black samurai, has sparked outrage among some gamers, overshadowing its mediocre quality. Musk's involvement, alongside other prominent figures, highlights the ongoing cultural debates surrounding representation in gaming.
UBS Group AG has acquired a 5.02% stake in Ubisoft Entertainment, crossing the 5% threshold on March 20, 2025. This acquisition, totaling 6,571,601 shares, was conducted off-market, resulting in UBS holding 4.58% of the voting rights. The declaration is made under the responsibility of the declarant.
Ubisoft is set to launch "Assassin's Creed Shadows" on March 20, aiming to revitalize its finances amid declining revenue and stock prices. Set in feudal Japan, the game features two protagonists, Naoe, a stealth assassin, and Yasuke, an armored samurai, while refining core mechanics and introducing a dual-character system. The game's success is deemed crucial for stabilizing the company's financial situation, following the record-breaking "Assassin's Creed Valhalla."
UBS has lowered its price target for Ubisoft to €12.5 from €13.75, maintaining a neutral stance on the stock, which still indicates a 12% upside. The third quarter results align with expectations, with FY2025 guidance reiterated, cost savings ahead of schedule, and strong pre-orders for AC Shadows. The Group aims for net bookings of approximately €1.9 billion and close to break-even operating income and free cash flow for FY 2024-2025.
UBS has lowered its price target for Ubisoft from €13.75 to €12.5, maintaining a neutral stance on the stock. The third-quarter results align with the FY2025 guidance, highlighting ahead-of-schedule cost savings and strong pre-orders for AC Shadows. The group aims for net bookings of approximately €1.9 billion and near breakeven non-IFRS operating income and free cash flow for fiscal 2024-2025.
UBS has lowered its price target for Ubisoft, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA acting solely as a distribution channel and maintaining a conflict of interest management policy to ensure objectivity.
Deutsche Bank has reduced its target price for Ubisoft shares from €15 to €13 ahead of the company's third-quarter sales release on February 13. The downgrade follows disappointing sales of the 'Outlaws' title and a one-month delay for the anticipated 'Assassin's Creed Shadows' game, now set for March 20. The success of this release is deemed crucial for Ubisoft's future, as the company refocuses on its core assets, potentially impacting speculation about a takeover.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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