Games Workshop stock faces valuation test after record profit year

Published on 10/15/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Games Workshop posted GBP 659.7 million revenue in fiscal 2026. Games Workshop stock costs EUR 200.20 on October 15, 2026 at Lang & Schwarz.

Valuation and reporting dates

Simply Wall St raised the valuation question on October 14, 2026.
Fiscal 2026 revenue reached GBP 659.7 million, up 10.9 percent.
Games Workshop stock traded at EUR 200.20 at 1:34 p.m. CEST at Lang & Schwarz on October 15, 2026.

Geometrisches Bauhaus-Poster mit Text LEISURE und abstrakter Hobbymaler-Szene — Games Workshop Group PLC (ISIN GB0003718474) geometrisches Bauhaus-Poster mit Sektor-Schriftzug LEISURE und stilisierter Hobbymaler-Figur, Illustration mit AI erstellt.

Games Workshop stock is facing a valuation test after Simply Wall St highlighted the contrast between record fiscal 2026 profits and a 4.66 percent 30-day share-price decline in its October 14, 2026 analysis. The debate puts Games Workshop's Warhammer growth plans alongside tariff and cost risks.

Profit growth meets valuation pressure

Investing.com reported that revenue for the fiscal year ended May 31, 2026 rose 10.9 percent to GBP 659.7 million. Operating profit increased 5.3 percent to GBP 275.0 million, while net income reached GBP 206.0 million, according to the same report.

The earnings profile is profitable but uneven. Licensing revenue fell 37 percent to GBP 32.9 million in fiscal 2026, while core gross margin improved from 69.5 percent to 71.1 percent. The company also expected GBP 13.0 million of new US tariff costs for fiscal 2027, creating a measurable test for future margin performance.

What does the valuation debate mean?

deVere Group wrote on October 13, 2026 that the median 12-month analyst target stood at GBp 22,075.00, while Jefferies had a GBp 22,150.00 target and a buy rating. The report also cited Amazon's planned Warhammer television series and several video-game projects as potential licensing catalysts.

Three dates frame the story

The chronology is clear: Games Workshop published fiscal 2026 results on July 28, 2026; it declared a GBp 70.00 per-share dividend and said trading through August 30, 2026 was in line with expectations on September 16, 2026, as Investing.com reported; and Simply Wall St published its valuation analysis on October 14, 2026.

Reporting date and dividend date

Simply Wall St lists January 12, 2027 as the next first-half results date. The same source lists October 22, 2026 as the next ex-dividend date, giving investors two concrete calendar points after the valuation debate.

Stock price in euro trading

Games Workshop's London-listed shares had a 52-week range of GBp 14,300.00 to GBp 23,540.00 in the quoted market data, while the current euro indication reflects the separate German trading venue. The central question is whether licensing expansion can offset the slower growth and higher costs described in the recent coverage.

Games Workshop stock was trading at EUR 200.20 at Lang & Schwarz on October 15, 2026 at 1:34 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Games Workshop stock.