Trigon names CD Projekt a top pick. CD Projekt stock sits 14.00 percent below its high
Published on 10/07/2026 at 10:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Trigon names CD Projekt a top pick and values the shares at PLN 325 in a report dated September 25, 2026, while CD Projekt stock was EUR 59.89 at Lang & Schwarz on October 7, 2026, 14.00 percent below its EUR 69.64 52-week high. The target implies a valuation level above the current Polish quotation, but the report also ties the case to the company's release pipeline and intellectual property.
Trigon sees PLN 325 value
According to Parkiet on September 25, 2026, Trigon selected CD Projekt as one of its top picks among eight game companies and set a PLN 325 valuation. The report said CD Projekt indicated 2028 for The Witcher 4, consistent with Trigon's earlier May 2028 assumption.
The same analysis raised its expected product price from USD 25 to at least USD 30 and lifted projected net profit by 53.00 percent to PLN 629 million for the current year and by 47.00 percent to PLN 938 million for the following year. Those are analyst estimates, not company guidance.
H1 profit provides the operating base
CD Projekt reported sales revenue of PLN 435.3 million, EBIT of PLN 245.3 million and net profit of PLN 249.1 million for the first half of 2026, according to its investor-relations page. The earnings-call transcript published by Yahoo Finance states that net profit increased 37.00 percent year over year and sales revenue rose 23.00 percent.
The earnings mix matters because the company recorded PLN 95 million of intellectual-property licensing revenue in the first half, while development investment reached PLN 385 million in the same period. That combination supports a broad pipeline, but it also leaves future valuation dependent on execution across several large projects.
Next report date is November 24
CD Projekt's events calendar lists a Trigon Investor Week appearance in Warsaw on October 13, 2026 and the consolidated third-quarter report for November 24, 2026. The company is listed on the Warsaw Stock Exchange and is a WIG20 constituent, according to its basic share data.
Stock remains below yearly high
At Lang & Schwarz, CD Projekt stock was trading at EUR 59.89 on October 7, 2026 at 10:36 a.m. CEST, plus 0.17 percent versus the prior close of EUR 59.79. The 52-week range was EUR 49.40 to EUR 69.64, and market capitalization was EUR 5.9 billion on the same date. The further course of trading is shown by the continuously updated real-time quote of CD Projekt stock.
CD Projekt stock at a glance
- Company: CD PROJEKT RED S.A.
- ISIN: PLOPTTC00011
- Ticker: CDR
- Primary exchange: Warsaw Stock Exchange
- Price Lang & Schwarz as of October 7, 2026 at 10:36 a.m. CEST: EUR 59.89
- Change versus prior close: plus 0.17 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 59.79
- Market capitalization: EUR 5.9 billion (as of October 7, 2026)
- 52-week range: EUR 49.40-69.64 (as of October 7, 2026)
- Sector / Industry: Digital entertainment / video game development and publishing
- Index membership: WIG20
- Next earnings date: November 24, 2026
