CD Projekt Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, CD Projekt stock has a consensus rating of "Hold" and an average price target of zł 234.56. The average 1-year stock price forecast is 4.16% higher than the current stock price, while the lowest is zł 112.00 (-50.27%) and the highest is zł 332.00 (+47.42%).

Price Target: zł 234.56 (+4.16%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	zł 112.00	zł 234.56	zł 245.00	zł 332.00
Change	-50.27%	+4.16%	+8.79%	+47.42%

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	4	4	4	4	4	4
Buy	1	1	1	1	1	1
Hold	5	4	3	3	3	4
Sell	2	2	2	2	2	2
Strong Sell	6	6	6	6	6	5
Total	18	17	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rok Stibric Oddo BHF No rating	Oddo BHF	Hold Upgrades zł 230.00	Hold	Upgrades	zł 230.00	+2.13%	Jun 4, 2026
Nick Dempsey Barclays	Barclays	Sell Maintains zł 165.00	Sell	Maintains	zł 165.00	-26.73%	May 27, 2026
Alexander Duval Goldman Sachs	Goldman Sachs	Sell Maintains zł 209.00 → zł 223.00	Sell	Maintains	zł 209.00 → zł 223.00	-0.98%	May 18, 2026

Financial Forecast

Revenue This Year

834.29M

from 866.99M

-3.77%

from 866.99M

Revenue Next Year

3.39B

from 834.29M

305.87%

from 834.29M

EPS This Year

3.80

from 5.17

-26.46%

from 5.17

EPS Next Year

15.69

from 3.80

312.63%

from 3.80

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	888.17M	952.58M	1.23B	798.37M	866.99M	834.29M
Revenue Growth	-58.48%	7.25%	29.14%	-35.10%	8.60%	-3.77%
Gross Profit	637.94M	708.60M	850.21M	681.23M	788.02M	760.32M
Gross Margin	71.83%	74.39%	69.11%	85.33%	90.89%	91.13%
Operating Income	268.25M	408.21M	454.23M	370.03M	468.24M	399.51M
Net Income	208.91M	346.49M	481.11M	444.25M	594.71M	438.41M
EPS	-	-	-	-	5.17	3.80
EPS Growth	-	-	-	-	10.47%	-26.46%
Forward PE	43.30	36.00	39.14	62.57	72.59	59.23
Dividend / Share	1.00	1.00	1.00	1.00	-	1.02
Free Cash Flow	780.61M	137.61M	154.32M	108.17M	-355.57M	-103.00M
No. Analysts	-	-	-	-	-	10

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is PLN.

Revenue Forecast

Revenue	2026	2027	2028
High	986.0M
Avg	834.3M
Low	761.4M

Revenue Growth

Revenue Growth	2026	2027	2028
High	13.7%
Avg	-3.8%
Low	-12.2%

EPS Forecast

EPS	2026	2027	2028
High	4.41
Avg	3.80
Low	3.21

EPS Growth

EPS Growth	2026	2027	2028
High	-14.7%
Avg	-26.5%
Low	-37.9%