<- Go home

Added to YB: 2026-06-04

Pitch date: 2026-06-02

CDR.WA [neutral]

CD Projekt S.A.

-0.09%

current return

Author Info

Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.

Company Info

CD Projekt S.A., together its subsidiaries, engages in the production, publishing, and digital distribution of video games and related products in Poland.

Market Cap

PLN 22.7B

Pitch Price

PLN 227.70

Price Target

N/A

Dividend

0.44%

EV/EBITDA

43.99

P/E

44.46

EV/Sales

24.77

Sector

Entertainment

Category

growth

Show full summary:
CD Projekt (DCR Poland): new expansion announcement adds momentum after a steady Q1

CDR.WA (earnings): Q1 rev PLN191m (+6% YoY) on Xbox Game Pass adds; Witcher 3 tops 65m copies sold. EBIT PLN97m, net profit PLN106m (low tax rate). Net cash PLN964m, aided by Gog.com sale. Dev spend high PLN180m. New Songs of the Past Witcher 3 expansion (2027) re-engages base ahead of Witcher 4 (H2 2027). PLN414m left to hit PLN2bn 2023-26 net profit incentive target. No formal guidance. Stock corrected recently.

Read full article (2 min)