CD Projekt Red S.A. (WSE:CDR)
Poland flag Poland · Delayed Price · Currency is PLN
257.50
-12.80 (-4.74%)
Oct 30, 2026, 5:03 PM CET

CD Projekt Red Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, CD Projekt Red stock has a consensus rating of "Hold" and an average price target of zł 246.19. The average 1-year stock price forecast is 4.39% lower than the current stock price, while the lowest is zł 155.00 (-39.81%) and the highest is zł 332.00 (+28.93%).

Price Target: zł 246.19 (-4.39%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Pricezł 155.00zł 246.19zł 257.50zł 332.00
Change-39.81%-4.39%0.00%+28.93%
* Price targets were last updated on Sep 22, 2026.

Analyst Ratings

The average analyst rating for CD Projekt Red stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444444
Buy111222
Hold355555
Sell222222
Strong Sell644333
Total161616161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Sell
Maintains
zł 112.00 → zł 167.00
SellMaintainszł 112.00 → zł 167.00-35.15%Sep 22, 2026
Morgan Stanley
Morgan Stanley
Sell
Initiates
zł 155.00 → zł 180.00
SellInitiateszł 155.00 → zł 180.00-30.10%Sep 9, 2026
Barclays
Barclays
Sell
Maintains
zł 170.00 → zł 155.00
SellMaintainszł 170.00 → zł 155.00-39.81%Sep 3, 2026
Goldman Sachs
Goldman Sachs
Sell
Maintains
zł 223.00 → zł 227.00
SellMaintainszł 223.00 → zł 227.00-11.84%Aug 20, 2026
Oddo BHF
No rating
Oddo BHF
Hold
Upgrades
zł 230.00
HoldUpgradeszł 230.00-10.68%Jun 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
952.16M
from 866.99M
Increased by 9.82%
Revenue Next Year
1.45B
from 952.16M
Increased by 52.75%
EPS This Year
4.73
from 5.17
Decreased by -8.55%
EPS Next Year
9.11
from 4.73
Increased by 92.72%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
888.17M952.58M1.23B798.37M866.99M952.16M
Revenue Growth
-58.48%7.25%29.14%-35.10%8.60%9.82%
Gross Profit
637.94M708.60M850.21M681.23M788.02M875.80M
Gross Margin
71.83%74.39%69.11%85.33%90.89%91.98%
Operating Income
268.25M408.21M454.23M370.03M468.24M439.53M
Net Income
208.91M346.49M481.11M444.25M594.71M467.61M
EPS
----5.174.73
EPS Growth
----10.47%-8.55%
Forward PE
43.3036.0039.1462.5772.5954.46
Dividend / Share
1.001.001.001.00-0.40
Free Cash Flow
----46.99M-80.75M
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is PLN.

Revenue Forecast

Revenue202620272028
High1.1B
Avg952.2M
Low834.2M

Revenue Growth

Revenue Growth202620272028
High
22.5%
Avg
9.8%
Low
-3.8%

EPS Forecast

EPS202620272028
High5.80
Avg4.73
Low3.43

EPS Growth

EPS Growth202620272028
High
12.2%
Avg
-8.5%
Low
-33.7%