Games Workshop stock faces valuation test despite record profit

Published on 10/20/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Games Workshop stock costs EUR 198.40 on October 20, 2026. The GBP 0.70 dividend goes ex-dividend on October 22, 2026, with payment November 27, 2026.

Growth and valuation in balance

Games Workshop faced a valuation test on October 12, 2026, after a 13.76 percent six-month share-price decline.
Fiscal year 2026 revenue reached GBP 659.70 million, up 6.80 percent from the prior year.
Games Workshop stock traded at EUR 198.40 at 1:00 p.m. CEST at Lang & Schwarz on October 20, 2026.

Isometrisches 3D-Diagramm der Produktionskette von Rohplastik bis Verkaufsregal — Games Workshop Group PLC (ISIN GB0003718474) isometrisches Diagramm der Wertschöpfungskette von Rohmaterial bis Ladenregal, Illustration mit AI erstellt.

Games Workshop stock was trading at EUR 198.40 at Lang & Schwarz at 1:00 p.m. CEST on October 20, 2026. The company faced a valuation test after a 13.76 percent six-month share-price decline was reported by IGN on October 12, 2026, despite record profits.

Profit growth meets a harder test

Simply Wall St reports that Games Workshop generated GBP 659.70 million of revenue in fiscal year 2026, up 6.80 percent from fiscal year 2025. Net income reached GBP 206.00 million, up 5.00 percent, while earnings per share rose to GBP 6.24 from GBP 5.95.

The figures explain the tension around the valuation. IGN cited rising manufacturing and logistics costs as a concern for future growth, while also noting that Games Workshop said trading to August 30, 2026, was in line with the Board's expectations.

What does the dividend add?

The dividend provides a dated shareholder-return event alongside the valuation debate. Simply Wall St lists a GBP 0.70 per-share dividend with an ex-dividend date of October 22, 2026, and a payment date of November 27, 2026.

Three dates show the shift

On May 31, 2026, fiscal year revenue reached GBP 659.70 million, according to Simply Wall St. On September 17, 2026, the company declared a GBP 0.70 dividend, also reported by Simply Wall St. On October 12, 2026, IGN described a 13.76 percent six-month decline and investor concern about slowing growth.

Upcoming dates shape the next move

The next dated event is the October 22, 2026, ex-dividend date. The payment follows on November 27, 2026, according to Simply Wall St. For investors, the central question is whether future growth can support the premium attached to the Warhammer portfolio.

Stock price stays in focus

Games Workshop's fiscal year 2026 results combine 6.80 percent revenue growth with a 31.23 percent net profit margin, but the share-price decline has shifted attention toward the durability of that growth. The stock was trading at EUR 198.40 at Lang & Schwarz on October 20, 2026 at 1:00 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Games Workshop stock.