CD Projekt (CDR.WA) Stock Price

CD Projekt Price

GPW·CLOSED
253.50
​
Market closed

Revenue has compounded at 10.0% per year over the past 19 years to 866.99 M PLN. Earnings per share have grown at 43.6% per year over the last 17 years. CD Projekt's net margin stands at 60.8%, up from 23.5% several years earlier. CD Projekt currently offers a dividend yield of about 0.39%. The payout ratio is around 19% of earnings. Analysts set a median price target of 267.75 PLN, implying 5.6% above the current price. Of 25 analysts, 6 rate the stock a buy — an overall Sell consensus.

CD Projekt stock price

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CD Projekt business model & stock analysis

CD Projekt SA is a Polish company specializing in the development and distribution of video games. It was founded in 1994 in Warsaw by Marcin Iwiński and Michał Kiciński. Initially, they were a small distribution company for foreign video games, but soon they began developing their own games. Over the years, the company has become one of the most significant game developers globally, with a focus on role-playing games. The most well-known and best-selling games are The Witcher series and Cyberpunk 2077. In 2020, they achieved a record revenue with a profit of almost 620 million euros. The company is divided into two main divisions, focusing on game development and distribution. The development arm, CD Projekt Red, has gained recognition worldwide for their creations and has studios in Warsaw and Krakow. CD Projekt RED has built a reputation for quality products, particularly known for their work on The Witcher series. These games are praised for their sci-fi elements, open worlds, and strong narratives, gaining a loyal fan base. In 2015, the company released the third installment of The Witcher saga, The Witcher 3, which sold over 10 million copies, setting a record for the Polish company. Cyberpunk 2077 is the latest title released in December 2020. It is an action role-playing game played from a first-person perspective, set in a futuristic world. The game has received immense attention from players and critics, being considered one of the most anticipated games of 2020. CD Projekt RED creates games for PC, consoles, and mobile devices. Their games are known for their strong narratives, open worlds, stunning graphics, and direct engagement with the community. They are dedicated to making games by fans, for fans, and often provide free add-ons to extend the player experience. CD Projekt also has a distribution division, CD Projekt Publishing, specializing in marketing video games. They have contracts with major companies such as Electronic Arts, Take-Two Interactive, and Square Enix to sell their games in Poland and other countries. Despite the success of Cyberpunk 2077, CD Projekt has also faced criticism for delays and shortcomings in releasing game updates. However, the company is working hard to address these issues and make their products as captivating as possible. Overall, CD Projekt has achieved an excellent position in the market through their high-quality products and close connection with the community. They are a company specialized in grand developments and highly appreciated by their customers.

Frequently asked questions about CD Projekt

The business model of CD Projekt SA revolves around the development, publishing, and distribution of video games. As a renowned Polish game developer, CD Projekt SA focuses on creating immersive and story-driven experiences for gamers worldwide. The company is best known for its critically acclaimed game series, such as The Witcher and Cyberpunk 2077. CD Projekt SA's business model emphasizes delivering high-quality and innovative games that captivate players and drive sales. With a strong emphasis on storytelling and immersive gameplay, CD Projekt SA continues to establish itself as a prominent player in the gaming industry.

CD Projekt SA is primarily active in the video game industry.

The main competitors of CD Projekt SA in the market include major gaming companies such as Electronic Arts (EA), Activision Blizzard, and Ubisoft. These companies are well-known for their successful gaming franchises and have established a strong presence in the industry. CD Projekt SA faces competition in the video game market based on factors like game quality, innovation, and brand recognition.

CD Projekt SA is a renowned Polish video game developer and publisher. Founded in 1994 by Marcin Iwiński and Michał Kiciński, CD Projekt SA quickly gained recognition for its successful video game series, "The Witcher," based on the fantasy novels of Andrzej Sapkowski. The company's dedication to creating immersive and high-quality gaming experiences has earned them a loyal fan base worldwide. CD Projekt SA has since expanded its operations and is now also known for its digital distribution platform, GOG.com. With a strong track record of developing innovative and beloved games, CD Projekt SA has become a prominent player in the gaming industry.

Some significant milestones achieved by CD Projekt SA include the successful development and release of critically acclaimed video game series such as "The Witcher" and "Cyberpunk 2077." The company has gained a strong reputation for creating immersive and high-quality gaming experiences, with "The Witcher 3: Wild Hunt" winning numerous Game of the Year awards. CD Projekt SA has also ventured into digital distribution with GOG.com, a DRM-free platform for PC gamers. Moreover, its market value and global recognition have increased significantly, making CD Projekt SA one of the leading companies in the gaming industry.

CD Projekt SA is primarily present in Poland.

CD Projekt SA represents values of innovation, passion, and dedication in the gaming industry. With a commitment to creating immersive experiences, the company has gained recognition for its critically acclaimed game series, including The Witcher and Cyberpunk 2077. CD Projekt SA's corporate philosophy revolves around putting gamers first, ensuring quality, and embracing a player-centric approach. The company focuses on delivering rich storytelling, engaging gameplay, and high-quality graphics to provide unforgettable gaming experiences. CD Projekt SA's emphasis on creativity, customer satisfaction, and pushing boundaries has solidified its position as a leading game developer and publisher in the global market.

Analysts currently set an average price target of 255.80 PLN for the CD Projekt stock (median: 267.75 PLN), implying +0.9 % versus the latest price. The consensus is based on 25 analyst ratings.

25 analysts currently rate the CD Projekt stock: 6 recommend buying, 6 holding and 13 selling. For 2026, analysts expect CD Projekt to generate revenue of 866.36 M PLN and earnings per share of 4.74 PLN.

Converted at the current exchange rate, the CD Projekt share trades at 57.79 EUR (253.50 PLN).

The CD Projekt share (CDR.WA) is listed on 9 stock exchanges, including: London (0LX1.L), Frankfurt (7CD.F), München (7CD.MU), Stuttgart (7CD.SG), Düsseldorf (7CD.DU), Berlin (7CD.BE).

CD Projekt SA is a Polish company operating in the entertainment industry, specializing in the development, publishing, and marketing of video games. The company was founded in 1994 and has been listed on the Warsaw Stock Exchange since 2002. CD Projekt SA's business model is based on three pillars: game development, game sales and additional content, and licensing. Game development is the company's core competency. CD Projekt SA gained recognition as a developer of RPG (Role-Playing Games) with its most famous game series, "The Witcher," based on the books by Polish author Andrzej Sapkowski. These games are known for their immersive storylines, complex characters, and detailed game worlds. The company invests a lot of time and money in the development of its games to achieve a high level of quality. Game sales and additional content are another important pillar of CD Projekt SA's business model. The company distributes its games worldwide through various platforms, such as Steam or GOG (Good Old Games), its own digital game distribution portal. Additional content, such as expansions or cosmetic items that enhance or personalize the gaming experience, is offered through the same platforms. By marketing games and content on various platforms, CD Projekt SA can maximize its reach and make its products accessible to a wider audience. Licensing is a third source of revenue for CD Projekt SA. The company has secured the rights to the characters and world of "The Witcher" series and can utilize these licensed products. Various products such as books, comics, soundtracks, and merchandise like t-shirts and figures are offered. By marketing licensed products, CD Projekt SA can increase its visibility and generate additional revenue. A key aspect of CD Projekt SA's business model is direct customer engagement. The company sees itself as a community-driven enterprise, actively communicating with its fans and involving them in the development process of its games. Through this model, CD Projekt SA has built a loyal fan base that trusts the company in developing new games and products. Overall, CD Projekt SA's business model is focused on delivering high-quality products and establishing a direct connection with its customers. Through the combination of game development, sales and marketing, as well as licensing, the company can generate a solid source of revenue and strengthen its position as a leading developer of RPG games.

The expected revenue of CD Projekt is 866.36 M PLN. This figure is based on current financial data and reflects the company's business performance.

The expected profit of CD Projekt is 476.04 M PLN. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of CD Projekt is currently 53.53. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the CD Projekt stock.

The price-to-sales ratio (P/S) of CD Projekt is currently 29.41. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the CD Projekt stock.

The Eulerpool Quality Score for CD Projekt is 4/10.

The ISIN of CD Projekt is PLOPTTC00011. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of CD Projekt is 534356. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of CD Projekt is CDR.WA. The ticker symbol is used to trade CD Projekt shares on the stock exchange.

Fair ValueTerminal
238.29 PLN
Over-/UndervaluationTerminal
Fairly valued
Industry
Entertainment
Number of shares
Employees
Revenue per Employee
2.87 M PLN
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Poland
Currency
PLN
Initial public offering
Jan 28, 2002
ISIN
PLOPTTC00011
Cusip
X0957E106
Sedol
7302215
Market capitalization
25.47 B PLNLarge Cap
52-Week Range
PEG
3.37
P/E ratio
P/Ee 2026
53.51
P/Ee 2027
39.71
P/Ee 2028
12.32
P/Ee 2029
31.30
P/Ee 2030
—
P/Se
29.41
EV/EBIT
55.10
P/B Ratio
7.74
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
16.01 %
Dividend
Dividend yield
0.39 %
Est. Dividend Yield
0.39 %
Payout Ratio
19.08 %
Dividend growth Ø5Y
-27.52 %
Dividend payments per year
1
Dividend paid since
10 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
19.00 %
Last updated Oct 12, 2026, 4:44 AM

CD Projekt Ticker

BERLIN · 7CD.BEDÜSSELDORF · 7CD.DUFRANKFURT · 7CD.FLONDON · 0LX1.LMUNICH · 7CD.MUOTC · OTGLFSTUTTGART · 7CD.SGWARSAW · CDR.WAWSE · CDR.WA

CD Projekt FIGI

CDR:PW · BBG000D03WZ2OTGLF:US · BBG000NMSP81OPT1:EO · BBG000RWBNC3OPT1:XH · BBG000RWBSP8OPT1:XC · BBG000RWBSS5OPT1:XF · BBG000RWBTC0OPT1:XE · BBG000RWBTM9OPT1:XJ · BBG000RWBV08OPT1:XL · BBG000RWBV80OPT1:XG · BBG000RWBVD4OPT1:XO · BBG000RWBVR9OPT1:XS · BBG000RWBY66