CD Projekt S.A.

WSE:CDR Voorraadrapport

Marktkapitalisatie: zł22.4b

CD Projekt Beheer

Beheer criteriumcontroles 1/4

De CEO CD Projekt is Adam Badowski, benoemd in Jan2024, heeft een ambtstermijn van 2.42 jaar. De totale jaarlijkse vergoeding van { bedraagt PLN 10.59M, bestaande uit 6.8% salaris en 93.2% bonussen, inclusief aandelen en opties van het bedrijf. bezit rechtstreeks 0.69% van de aandelen van het bedrijf, ter waarde PLN 155.64M. De gemiddelde ambtstermijn van het managementteam en de raad van bestuur bedraagt respectievelijk 3.4 jaar en 1.4 jaar.

Belangrijke informatie

Adam Badowski

Algemeen directeur

zł10.6m

Totale compensatie

Percentage CEO-salaris6.80%
Dienstverband CEO2.4yrs
Eigendom CEO0.7%
Management gemiddelde ambtstermijn3.4yrs
Gemiddelde ambtstermijn bestuur1.4yrs

Recente managementupdates

Recent updates

Narratiefupdate Jun 15

CDR: Neutral Rating Shift Will Support Future Shareholder Value Reappraisal

Narrative Update The analyst price target for CD Projekt has been set at PLN 230. This reflects updated assumptions around slightly lower discount rates, modestly higher revenue growth expectations, a reduced profit margin outlook, and a higher future P/E multiple as analysts reassess the risk and reward profile for the stock.
Analyseartikel Jun 04

CD Projekt's (WSE:CDR) Solid Earnings May Rest On Weak Foundations

The recent earnings posted by CD Projekt S.A. ( WSE:CDR ) were solid, but the stock didn't move as much as we expected...
Narratiefupdate Jun 01

CDR: Execution Risks On Key Franchise Releases Will Pressure Shares

Analysts are maintaining their PLN 112 price target for CD Projekt, reflecting slightly higher expected profit margins and a modestly lower future P/E, which together support a steady view of the stock’s valuation. Analyst Commentary Recent commentary on CD Projekt centers on whether the current PLN 112 target fairly reflects the balance between execution risks and the company’s ability to sustain its profit profile.
Narratiefupdate May 13

CDR: Execution Risks On Future Earnings Condition Are Expected To Pressure Shares

Analysts are maintaining their fair value estimate for CD Projekt at PLN 112.00. The refreshed price target reflects updated assumptions that include a slightly lower discount rate, marginally higher revenue growth and profit margin, and a modestly reduced future P/E multiple.
Narratiefupdate Apr 28

CDR: Incentive Program Meeting Will Support Future Shareholder Value Uplift

Analysts have maintained their PLN 332.00 price target for CD Projekt, reflecting slightly adjusted assumptions around the discount rate, revenue growth, profit margin and future P/E, rather than indicating a change in their overall view. What's in the News CD Projekt has scheduled a Special and Extraordinary Shareholders Meeting for March 11, 2026, at 10:00 Central European Standard Time to address several governance and incentive related items.
Narratiefupdate Apr 14

CDR: Lower Revenue Outlook And Higher Discount Rate Will Pressure Shares

Analysts maintain their PLN 112.00 price target for CD Projekt, citing revised assumptions that combine a slightly higher discount rate with moderated revenue expectations, higher profit margin forecasts, and a richer future P/E multiple. What's in the News CD Projekt has scheduled a Special or Extraordinary Shareholders Meeting for March 11, 2026, at 10:00 Central European Standard Time.
Narratiefupdate Mar 31

CDR: Incentive Program Earnings Conditions Will Support Future Shareholder Value Uplift

Analysts have reduced their price target on CD Projekt by PLN 8 to PLN 332, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that modestly adjust their valuation outlook. What's in the News CD Projekt has scheduled a Special or Extraordinary Shareholders Meeting for March 11, 2026, at 10:00 Central European Standard Time.
Narratiefupdate Mar 16

CDR: Incentive Program Earnings Conditions Will Support A Higher Future Earnings Multiple

Analysts have adjusted their price target on CD Projekt to PLN340 from PLN332, citing updated assumptions around revenue growth, profit margins, and a slightly lower future P/E multiple. What's in the News CD Projekt S.A. has scheduled a Special or Extraordinary Shareholders Meeting for March 11, 2026, at 10:00 Central European Standard Time.
Narratiefupdate Mar 02

CDR: Future P/E And XR Partnership Will Support Balanced Risk Profile

Analysts have kept their CD Projekt price target broadly unchanged at PLN 232.06, with only minor tweaks to inputs such as the discount rate and the assumed forward P/E multiple informing this steady view of fair value. What's in the News VITURE announced its first collaboration with CD PROJEKT RED to create the VITURE × Cyberpunk 2077 5th Anniversary Collector's Edition XR glasses, a limited-run product tied to the Cyberpunk 2077 franchise.
Analyseartikel Feb 16

Capital Allocation Trends At CD Projekt (WSE:CDR) Aren't Ideal

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narratiefupdate Feb 16

CDR: Future P/E Expansion Will Balance Margins And Hardware Partnership Risks

Analysts have inched their price target for CD Projekt higher, with fair value moving from roughly PLN 229.83 to PLN 232.06 as they adjust their assumptions for the discount rate, revenue growth, profit margin and future P/E. This reflects a modest recalibration rather than a major shift in their view.
Narratiefupdate Feb 02

CDR: Lower Revenue Outlook And Reduced Future P/E Will Pressure Shares

Analysts have kept their headline fair value for CD Projekt steady at $112.00. They have, however, adjusted underlying assumptions, including a lower discount rate, a revised revenue growth outlook, a higher profit margin profile, and a reduced future P/E, which together shape the updated price target narrative.
Narratiefupdate Jan 19

CDR: Future P/E Expansion Will Outrun Eroding Profit Margins

Analysts have increased their fair value estimate for CD Projekt slightly to €229.83 from €227.22, citing updated assumptions around revenue growth, discount rate and future P/E, which are only partly offset by a modestly lower profit margin outlook. What's in the News VITURE announced its first collaboration with CD PROJEKT RED to create the VITURE × Cyberpunk 2077 5th Anniversary Collector's Edition XR glasses, tying the Cyberpunk 2077 brand to a limited-run hardware product aimed at fans of the franchise (Key Developments).
Analyseartikel Jan 17

CD Projekt S.A. (WSE:CDR) Not Lagging Market On Growth Or Pricing

When close to half the companies in Poland have price-to-earnings ratios (or "P/E's") below 12x, you may consider CD...
Narratiefupdate Jan 05

CDR: Future XR Partnership Will Support A Higher Earnings Multiple

Analysts now set their fair value estimate for CD Projekt at 332.0, down from 350.0, citing updated assumptions for revenue growth, profit margins and a higher future P/E multiple as key drivers of the shift. What's in the News VITURE announced its first collaboration with CD PROJEKT RED to create the VITURE × Cyberpunk 2077 5th Anniversary Collector's Edition XR glasses, themed around Night City and limited to 10,000 serialized units worldwide (Key Developments).
Narratiefupdate Dec 17

CDR: Rising Future Multiple Will Likely Pressure Shares Despite Margin Compression

Analysts have lifted their price target on CD Projekt from approximately $95 to about $112 per share, citing stronger expected revenue growth despite some compression in profit margins and a higher assumed future earnings multiple. What's in the News CD PROJEKT RED entered its first collaboration with XR brand VITURE to launch a limited-run VITURE × Cyberpunk 2077 5th Anniversary Collector's Edition, integrating the game's Night City aesthetic into next-generation XR glasses (Key Developments).
Narratiefupdate Dec 03

CDR: Future Earnings Multiple Expansion Will Likely Outpace Slowing Profitability

Analysts have modestly raised their price target on CD Projekt to $227.22 from $220.44, citing slightly higher expected future valuation multiples, despite trimming assumptions for revenue growth and profit margins. Valuation Changes Fair Value: increased slightly from PLN 220.44 to PLN 227.22 per share, reflecting a modest uplift in intrinsic valuation.
Analyseartikel Dec 03

We Think You Should Be Aware Of Some Concerning Factors In CD Projekt's (WSE:CDR) Earnings

Following the solid earnings report from CD Projekt S.A. ( WSE:CDR ), the market responded by bidding up the stock...
Analyseartikel Nov 30

CD Projekt S.A. Just Recorded A 143% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, CD Projekt S.A. ( WSE:CDR ) just kicked off its latest quarterly results with some very strong...
Narratiefupdate Sep 04

Witcher Four Delay Will Raise Costs Yet Cyberpunk Will Excite

With both consensus revenue growth forecasts and the discount rate remaining unchanged, analysts have left CD Projekt's price target steady at PLN220.44. Valuation Changes Summary of Valuation Changes for CD Projekt The Consensus Analyst Price Target remained effectively unchanged, at PLN220.44.
Analyseartikel Aug 31

Earnings Miss: CD Projekt S.A. Missed EPS By 27% And Analysts Are Revising Their Forecasts

Last week, you might have seen that CD Projekt S.A. ( WSE:CDR ) released its second-quarter result to the market. The...
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Nieuw narratief Dec 19

Rising Development Costs And Lack Of New Releases May Weigh On Earnings, But Cyberpunk 2077'S Success Could Boost Future Growth

Absence of major new game releases may limit future revenue growth, despite strong sales from existing titles like Cyberpunk 2077.

Analyse CEO-vergoeding

Hoe is Adam Badowski's beloning veranderd ten opzichte van CD Projekt's winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Mar 31 2026n/an/a

zł516m

Dec 31 2025zł11mzł720k

zł521m

Sep 30 2025n/an/a

zł569m

Jun 30 2025n/an/a

zł453m

Mar 31 2025n/an/a

zł454m

Dec 31 2024zł8mzł378k

zł443m

Sep 30 2024n/an/a

zł439m

Jun 30 2024n/an/a

zł564m

Mar 31 2024n/an/a

zł512m

Dec 31 2023zł9mzł600k

zł481m

Sep 30 2023n/an/a

zł425m

Jun 30 2023n/an/a

zł320m

Mar 31 2023n/an/a

zł347m

Dec 31 2022zł6mzł600k

zł346m

Sep 30 2022n/an/a

zł299m

Jun 30 2022n/an/a

zł218m

Mar 31 2022n/an/a

zł245m

Dec 31 2021zł3mzł398k

zł209m

Sep 30 2021n/an/a

zł1b

Jun 30 2021n/an/a

zł1b

Mar 31 2021n/an/a

zł1b

Dec 31 2020zł17mzł397k

zł1b

Sep 30 2020n/an/a

zł279m

Jun 30 2020n/an/a

zł271m

Mar 31 2020n/an/a

zł250m

Dec 31 2019zł3mzł396k

zł175m

Compensatie versus markt: De totale vergoeding ($USD 2.86M ) Adam } ligt boven het gemiddelde voor bedrijven van vergelijkbare omvang in de Polish markt ($USD 808.01K ).

Compensatie versus inkomsten: De vergoeding van Adam is het afgelopen jaar met meer dan 20% gestegen.


CEO

Adam Badowski (51 yo)

2.4yrs
Tenure
zł10,585,000
Compensatie

Mr. Adam Konrad Badowski served as Chief Creative Officer at CD Projekt S.A. since September 2023 until January 01, 2024 and serves as its Co-CEO since January 01, 2024. He served as Head of CD Projekt RED...


Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Marcin Iwinski
Co-Founder & Co-Chairman of Supervisory Boardno datazł480.00k12.9%
PLN 2.9b
Adam Badowski
Co-CEO & Member of the Management Board2.4yrszł10.59m0.69%
PLN 155.6m
Michal Nowakowski
Co-CEO & Member of the Management Board2.4yrszł10.59m0.53%
PLN 119.2m
Piotr Nielubowicz
CFO & Vice President of the Management Boardno datazł10.58m6.87%
PLN 1.5b
Piotr Karwowski
Joint COO & Member of the Management Board10.6yrszł10.52m0.11%
PLN 24.4m
Pawel Zawodny
Joint COO & Member of the Management Board4.3yrszł10.58m0.019%
PLN 4.2m
Jeremiah Cohn
Chief Marketing Officer & Member of Management Board4.3yrszł10.30mgeen gegevens
Karolina Radziszewska
Chief People Officer & Member of the Management Boardless than a yeargeen gegevensgeen gegevens
Krystyna Cybulska
Chief Accountantno datageen gegevensgeen gegevens
Karolina Gnas
IR Directorno datageen gegevensgeen gegevens
Ewelina Jarosz-Zgoda
Vice President of Legal & General Counselno datageen gegevensgeen gegevens
Mateusz Bednarz
Corporate Lead Counsel (Corporateno datageen gegevensgeen gegevens
3.4yrs
Gemiddelde duur
50yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van CDR wordt beschouwd als ervaren (gemiddelde ambtstermijn 3.4 jaar).


Bestuursleden

NaamPositieTenureCompensatieEigendom
Marcin Iwinski
Co-Founder & Co-Chairman of Supervisory Board3.4yrszł480.00k12.9%
PLN 2.9b
David Gardner
Independent Deputy Chair of the Supervisory Board1.4yrszł264.00kgeen gegevens
Agnieszka Slomka Golebiowska
Independent Supervisory Board Member1.4yrszł240.00kgeen gegevens
Adam Kicinski
Co-Chair of the Supervisory Board1.4yrszł518.00k4.05%
PLN 909.1m
Beata Cichocka-Tylman
Independent Supervisory Board Member1.4yrszł216.00kgeen gegevens
1.4yrs
Gemiddelde duur
54.5yo
Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van CDR wordt niet als ervaren beschouwd (gemiddelde ambtstermijn 1.4 jaar), wat duidt op een nieuw bestuur.


Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/06/17 11:43
Aandelenkoers aan het einde van de dag2026/06/17 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

CD Projekt S.A. wordt gevolgd door 31 analisten. 11 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
David MakArete Research Services LLP
Nicholas Michael DempseyBarclays
James BassBerenberg