11 Bit Studios (11B.WA) Stock Price

11 Bit Studios Price

GPW·CLOSED
132.00PLN+0.00 (+0.00 %)
Market closed

Over the last 14 years 11 Bit Studios grew revenue by 50.3% annually, reaching 140.55 M PLN. Earnings per share have grown at 11.5% per year over the last 13 years. For 11 Bit Studios, the net margin of 4.9% is down versus 42.9% a few years ago. The consensus 12-month price target for 11 Bit Studios is 198.90 PLN, about 50.7% above where the stock trades today. Of 12 analysts, 1 rate the stock a buy — an overall Sell consensus. The stock trades about 2% above its 52-week low.

11 Bit Studios stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of 11 Bit Studios over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how 11 Bit Studios stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing 11 Bit Studios's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

11 Bit Studios Stock Price History
Date11 Bit Studios Price
7/28/2026132.00 PLN
7/27/2026132.00 PLN
7/24/2026131.00 PLN
7/23/2026132.10 PLN
7/22/2026131.60 PLN
7/21/2026132.00 PLN
7/20/2026131.50 PLN
7/17/2026132.20 PLN
7/16/2026133.00 PLN
7/15/2026133.00 PLN
7/14/2026132.00 PLN
7/13/2026132.50 PLN
7/10/2026133.00 PLN
7/9/2026132.00 PLN
7/8/2026132.40 PLN
7/7/2026131.70 PLN
7/6/2026132.10 PLN
7/3/2026132.00 PLN
7/2/2026132.50 PLN
7/1/2026132.00 PLN
6/30/2026133.00 PLN
6/29/2026135.90 PLN
6/26/2026136.00 PLN
6/25/2026136.90 PLN
6/24/2026137.80 PLN
6/23/2026139.80 PLN
6/22/2026139.40 PLN
6/19/2026135.00 PLN
6/18/2026136.20 PLN
6/17/2026138.90 PLN
6/16/2026138.90 PLN
6/15/2026138.00 PLN
6/12/2026140.80 PLN
6/11/2026141.00 PLN
6/10/2026141.80 PLN
6/9/2026145.00 PLN
6/8/2026147.10 PLN
6/5/2026152.80 PLN
6/3/2026148.40 PLN
6/2/2026148.50 PLN
6/1/2026149.90 PLN
5/29/2026149.00 PLN
5/28/2026148.40 PLN
5/27/2026149.40 PLN
5/26/2026153.00 PLN
5/25/2026156.00 PLN
5/22/2026155.00 PLN
5/21/2026150.20 PLN
5/20/2026154.50 PLN
5/19/2026153.60 PLN
5/18/2026148.00 PLN
5/15/2026144.50 PLN
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5/13/2026146.70 PLN
5/12/2026149.00 PLN
5/11/2026153.90 PLN
5/8/2026153.70 PLN
5/7/2026158.00 PLN
5/6/2026158.90 PLN
5/5/2026156.00 PLN
5/4/2026157.30 PLN
4/30/2026159.90 PLN
4/29/2026159.70 PLN
4/28/2026159.30 PLN
4/27/2026164.00 PLN
4/24/2026166.50 PLN
4/23/2026171.00 PLN
4/22/2026176.00 PLN
4/21/2026172.00 PLN
4/20/2026146.80 PLN
4/17/2026147.10 PLN
4/16/2026147.80 PLN
4/15/2026138.00 PLN
4/14/2026136.00 PLN
4/13/2026134.50 PLN
4/10/2026136.50 PLN
4/9/2026134.30 PLN
4/8/2026137.00 PLN
4/7/2026133.00 PLN
4/2/2026131.70 PLN
4/1/2026134.40 PLN
3/31/2026131.00 PLN
3/30/2026129.70 PLN
3/27/2026130.00 PLN
3/26/2026133.10 PLN
3/25/2026133.40 PLN
3/24/2026133.30 PLN
3/23/2026135.20 PLN
3/20/2026135.10 PLN
3/19/2026136.00 PLN
3/18/2026137.30 PLN
3/17/2026137.70 PLN
3/16/2026137.80 PLN
3/13/2026134.50 PLN
3/12/2026135.30 PLN
3/11/2026135.60 PLN
3/10/2026139.00 PLN
3/9/2026136.00 PLN
3/6/2026137.20 PLN
3/5/2026138.00 PLN
3/4/2026136.50 PLN
3/3/2026135.00 PLN
3/2/2026138.40 PLN
2/27/2026140.00 PLN
2/26/2026140.00 PLN
2/25/2026140.00 PLN
2/24/2026140.60 PLN
2/23/2026141.40 PLN
2/20/2026141.00 PLN
2/19/2026143.00 PLN
2/18/2026143.50 PLN
2/17/2026144.00 PLN
2/16/2026144.00 PLN
2/13/2026138.00 PLN
2/12/2026138.00 PLN
2/11/2026140.00 PLN
2/10/2026141.00 PLN
2/9/2026139.00 PLN
2/6/2026134.00 PLN
2/5/2026137.90 PLN
2/4/2026141.00 PLN
2/3/2026140.00 PLN
2/2/2026141.00 PLN
1/30/2026144.80 PLN
1/29/2026144.20 PLN
1/28/2026148.00 PLN
1/27/2026144.90 PLN
1/26/2026145.00 PLN
1/23/2026146.80 PLN
1/22/2026151.00 PLN
1/21/2026149.00 PLN
1/20/2026152.00 PLN
1/19/2026153.40 PLN
1/16/2026153.30 PLN
1/15/2026153.00 PLN
1/14/2026150.20 PLN
1/13/2026152.00 PLN
1/12/2026147.00 PLN
1/9/2026144.00 PLN
1/8/2026142.40 PLN
1/7/2026146.40 PLN
1/5/2026143.30 PLN
1/2/2026148.80 PLN
12/30/2025144.00 PLN
12/29/2025142.50 PLN
12/23/2025141.50 PLN
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12/19/2025141.50 PLN
12/18/2025143.00 PLN
12/17/2025148.00 PLN
12/16/2025150.30 PLN
12/15/2025152.90 PLN
12/12/2025155.00 PLN
12/11/2025155.10 PLN
12/10/2025155.60 PLN
12/9/2025160.10 PLN
12/8/2025155.00 PLN
12/5/2025156.00 PLN
12/4/2025159.00 PLN
12/3/2025162.00 PLN
12/2/2025165.30 PLN
12/1/2025167.00 PLN
11/28/2025168.10 PLN
11/27/2025166.40 PLN
11/26/2025156.60 PLN
11/25/2025156.00 PLN
11/24/2025157.40 PLN
11/21/2025157.00 PLN
11/20/2025158.00 PLN
11/19/2025158.80 PLN
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11/14/2025165.80 PLN
11/13/2025167.40 PLN
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11/10/2025168.90 PLN
11/7/2025169.60 PLN
11/6/2025173.00 PLN
11/5/2025172.20 PLN
11/4/2025172.20 PLN
11/3/2025175.20 PLN
10/31/2025176.90 PLN
10/30/2025177.80 PLN
10/29/2025176.50 PLN
10/28/2025180.00 PLN
10/27/2025179.50 PLN
10/24/2025181.50 PLN
10/23/2025185.50 PLN
10/22/2025185.00 PLN
10/21/2025185.80 PLN
10/20/2025185.90 PLN
10/17/2025183.90 PLN
10/16/2025185.00 PLN
10/15/2025186.00 PLN
10/14/2025184.40 PLN
10/13/2025189.50 PLN
10/10/2025195.20 PLN
10/9/2025195.90 PLN
10/8/2025194.00 PLN
10/7/2025197.00 PLN
10/6/2025198.50 PLN
10/3/2025199.00 PLN
10/2/2025188.80 PLN
10/1/2025191.00 PLN
9/30/2025189.50 PLN
9/29/2025183.70 PLN
9/26/2025181.00 PLN
9/25/2025179.80 PLN
9/24/2025179.20 PLN
9/23/2025181.00 PLN
9/22/2025179.80 PLN
9/19/2025181.00 PLN
9/18/2025183.40 PLN
9/17/2025184.00 PLN
9/16/2025181.00 PLN
9/15/2025183.10 PLN
9/12/2025179.50 PLN
9/11/2025179.00 PLN
9/10/2025179.50 PLN
9/9/2025181.50 PLN
9/8/2025182.70 PLN
9/5/2025184.00 PLN
9/4/2025185.00 PLN
9/3/2025184.30 PLN
9/2/2025186.00 PLN
9/1/2025184.00 PLN
8/29/2025185.20 PLN
8/28/2025182.60 PLN
8/27/2025184.00 PLN
8/26/2025182.00 PLN
8/25/2025183.00 PLN
8/22/2025183.00 PLN
8/21/2025184.00 PLN
8/20/2025183.60 PLN
8/19/2025186.00 PLN
8/18/2025185.00 PLN
8/14/2025183.30 PLN
8/13/2025184.80 PLN
8/12/2025183.20 PLN
8/11/2025184.00 PLN
8/8/2025187.60 PLN
8/7/2025188.00 PLN
8/6/2025187.70 PLN
8/5/2025186.00 PLN
8/4/2025184.00 PLN
8/1/2025184.20 PLN
7/31/2025189.00 PLN
7/30/2025188.00 PLN
Access this data via the Eulerpool API

11 Bit Studios Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
74.21 M PLN
19.96 M PLN
22.89 M PLN
Jan 1, 2023
52.27 M PLN
7.56 M PLN
525,600.00 PLN
Jan 1, 2024
140.55 M PLN
63.92 M PLN
6.89 M PLN
Jan 1, 2025 (e)
135.85 M PLN
26.98 M PLN
45.46 M PLN
Jan 1, 2026 (e)
93.25 M PLN
18.52 M PLN
988,828.20 PLN
Jan 1, 2027 (e)
90.44 M PLN
17.96 M PLN
-7.86 M PLN
Jan 1, 2028 (e)
129.25 M PLN
25.67 M PLN
35.70 M PLN
Jan 1, 2029 (e)
199.70 M PLN
39.65 M PLN
0.00 PLN

11 Bit Studios Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 30, 2026, 6:02 AM
 
REVENUEM PLN
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM PLN
EBITM PLN
EBIT MARGIN%
NET INCOMEM PLN
NET INCOME GROWTH%
SHARESM
2016201720182019202020212022202320242025e2026e2027e2028e2029e2030e2031e
27.0019.0082.0071.0087.0070.0074.0052.00140.00135.0093.0090.00129.00199.00257.00128.00
22.73-29.63331.58-13.4122.54-19.545.71-29.73169.23-3.57-31.11-3.2343.3354.2629.15-50.19
51.8573.6817.0719.7216.0920.0018.9226.9210.0093.3393.3393.3393.3393.3393.3393.33
14.0014.0014.0014.0014.0014.0014.0014.0014.00126.0086.8084.00120.40185.73239.87119.47
14.007.0047.0025.0041.0030.0019.007.0063.0026.0018.0017.0025.0039.00159.00
51.8536.8457.3235.2147.1342.8625.6813.4645.0019.2619.3518.8919.3819.6061.87
12.003.0037.0023.0037.0028.0022.006.0045.00-7.0035.00
-75.001,133.33-37.8460.87-24.32-21.43650.00-600.00
2.292.332.422.422.392.412.372.402.422.422.422.422.422.422.422.42
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales 11 Bit Studios generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue 11 Bit Studios retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare 11 Bit Studios's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares 11 Bit Studios has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against 11 Bit Studios's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

11 Bit Studios stock margins

The 11 Bit Studios margin analysis displays the gross margin, EBIT margin, as well as the profit margin of 11 Bit Studios. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for 11 Bit Studios.
  • 3 Years

  • 5 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
94.99 %
47.08 %
42.90 %
Jan 1, 2021
94.99 %
42.82 %
40.91 %
Jan 1, 2022
94.99 %
26.90 %
30.85 %
Jan 1, 2023
94.99 %
14.46 %
1.01 %
Jan 1, 2024
94.99 %
45.48 %
4.90 %
Jan 1, 2025 (e)
94.99 %
19.86 %
33.46 %
Jan 1, 2026 (e)
94.99 %
19.86 %
1.06 %
Jan 1, 2027 (e)
94.99 %
19.86 %
-8.69 %

11 Bit Studios Stock Revenue, EBIT, Earnings per Share

The 11 Bit Studios earnings per share therefore indicates how much revenue 11 Bit Studios has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
36.45 PLN
17.16 PLN
15.64 PLN
Jan 1, 2021
29.13 PLN
12.47 PLN
11.92 PLN
Jan 1, 2022
31.31 PLN
8.42 PLN
9.66 PLN
Jan 1, 2023
21.78 PLN
3.15 PLN
0.22 PLN
Jan 1, 2024
58.14 PLN
26.45 PLN
2.85 PLN
Jan 1, 2025 (e)
56.20 PLN
11.16 PLN
18.81 PLN
Jan 1, 2026 (e)
38.58 PLN
7.66 PLN
0.41 PLN
Jan 1, 2027 (e)
37.42 PLN
7.43 PLN
-3.25 PLN

11 Bit Studios business model & stock analysis

11 Bit Studios SA is a Polish company that was founded in 2010. It is based in Warsaw and currently employs around 100 people. The company is a developer of video games and specializes in producing indie games.

11 Bit Studios SWOT Analysis

Strengths

1) Established reputation in the gaming industry

2) Diverse portfolio of successful games

3) Strong financial position with steady revenue growth

4) Talented and experienced development team

Weaknesses

1) Relatively small size compared to industry giants

2) Limited marketing and distribution resources

3) Dependency on a few key game franchises

4) Lack of presence in emerging gaming markets

Opportunities

1) Expansion into mobile gaming sector

2) Collaborations with larger companies for distribution and marketing

3) Growing demand for indie games

4) Entry into emerging markets, such as Asia

Threats

1) Intense competition from larger game developers

2) Rapidly changing technology and consumer preferences

3) Piracy and intellectual property infringement

4) Economic downturn affecting consumer spending on gaming

11 Bit Studios Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

11 Bit Studios historical P/E ratio, EBIT multiple, and P/S ratio

11 Bit Studios annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

11 Bit Studios shares outstanding

The number of shares of 11 Bit Studios was 2.42 M in 2025. This indicates how many shares 11 Bit Studios is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
2.39 M Stocks
Jan 1, 2021
2.41 M Stocks
Jan 1, 2022
2.37 M Stocks
Jan 1, 2023
2.40 M Stocks
Jan 1, 2024
2.42 M Stocks
Jan 1, 2025 (e)
2.42 M Stocks
Jan 1, 2026 (e)
2.42 M Stocks
Jan 1, 2027 (e)
2.42 M Stocks

Current 11 Bit Studios forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy8.33 % (1)
Hold41.67 % (5)
Sell50.00 % (6)
12M Price Target
198.90
Last Price
132.00
Currency
PLN
12M Return Potential
50.68 %
LTM Return
0 %

11 Bit Studios Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/28/2021-PLN18.93 MPLN2020 Q4
8/27/2020-PLN21.31 MPLN2020 Q2
3/25/2020-PLN20.55 MPLN2019 Q4
11/14/2019-PLN24.36 MPLN2019 Q3
8/27/2019-PLN12.38 MPLN2019 Q2
3/26/2018-PLN4.87 MPLN2017 Q4

11 Bit Studios shareholder structure

% Name
7.05002%
Miechowski (Grzegorz)
Miechowski (Grzegorz)
5.66771%
Goldman Sachs Towarzystwo Funduszy Inwestycyjnych SA
Goldman Sachs Towarzystwo Funduszy Inwestycyjnych SA
5.00434%
ESALIENS TFI SA
ESALIENS TFI SA
2.13768%
Santander Towarzystwo Funduszy Inwestycyjnych S.A.
Santander Towarzystwo Funduszy Inwestycyjnych S.A.
1.31619%
PZU Asset Management SA
PZU Asset Management SA
1.22009%
Pekao Towarzystwo Funduszy Inwestycyjnych SA
Pekao Towarzystwo Funduszy Inwestycyjnych SA

11 Bit Studios Executives and Management Board

GM

Mr. Grzegorz Miechowski

Member of the Management Board · since 2020

Compensation1.19 M PLN
PM

Mr. Przemyslaw Marszal

President of the Management Board · since 2020

Compensation1.19 M PLN
MD

Mr. Michal Drozdowski

Member of the Management Board

Compensation1.18 M PLN
PF

Mr. Pawel Feldman

Member of the Management Board

Compensation448,744.00 PLN
MZ

Mr. Marek Ziemak

Member of the Management Board

Compensation399,619.00 PLN

Frequently asked questions about 11 Bit Studios

The business model of 11 Bit Studios SA involves developing and publishing video games for various platforms. The company primarily focuses on creating high-quality, narrative-driven games with unique themes and innovative gameplay mechanics. With a strong emphasis on storytelling and impactful player choices, 11 Bit Studios aims to deliver immersive gaming experiences that resonate with players. By leveraging their expertise in game development and leveraging partnerships with distribution channels, the company generates revenue through game sales and digital distribution. The company's business model revolves around creating captivating and thought-provoking games that entertain and engage players across the globe.