CD Projekt prevision

CD Projekt-s stock (CDR) trades around 244 PLN as of late February 2026, amid a positive Polish market with WIG at 126770 points, up 0.70% recently. The Witcher 3 has sold 60 million copies, generating 2.4 billion PLN in revenue, bolstering long-term brand value. Market cap stands at roughly 25 billion PLN with about 97 million shares outstanding. P/E ratio is high at 55-62 TTM, signaling growth expectations but premium pricing. Forward P/E exceeds 80, reflecting anticipated revenue moderation to 900 million PLN in 2026. Key Drivers: Witcher 3 add-ons continue monetizing legacy sales effectively. Wiedzmin 4 [Witcher 4] is in full production with 447 developers[1], targeting 2027 release at earliest, starting a new trilogy. Q3 2025 showed strong results: 349 million PLN revenue, 193 million PLN net profit.

Consensus target price is 270 PLN, implying 10-11% upside from current levels. Estimates range 95-330 PLN, with EPS at 3.42 PLN for 2026. Next earnings on May 31, 2026, could catalyze movement.

Investment Timeline If targets hit on Wiedzmin 4 hype, appreciation may occur by late 2027 post-release, assuming no delays. Market recovery supports moderate gains in 12 months, but high valuation risks pullback. No guarantees; depends on execution and macro factors.

[1] Nov 26 2025