Mar. 21 at 2:04 PM
$OTGLY CD Projekt S.A. (CDR) hit its all-time high of 464.20 PLN on August 27, 2020, during peak Cyberpunk 2077 hype—just months before launch. Back then, the company briefly topped €8B+ valuation.
Today (March 2026), the stock trades around 244-247 PLN, still down ~47-48% from that peak. Market cap sits at roughly PLN 24.4B (~US
$6.6B).
Compare that to peers:
- Tencent: ~US
$573-585B
- NetEase: ~US
$73B
- Nintendo: ~US
$70-75B range (varies by source)
- EA: ~US
$50B
While many gaming giants have grown or stabilized, CD Projekt's valuation has stagnated or declined relative to the 2020 highs—despite Cyberpunk's strong recovery sales in recent years.
The company feels stuck: still heavily reliant on one major franchise (The Cyberpunk2077), becomed a "social club," with little transparency on dates of upcoming projects. We need fresh leadership, ambition, and innovation—perhaps AI tools for junior devs, or bolder moves to attract institutional "whales."