Hope for a breakthrough in Iran reaches the Warsaw exchange
Geopolitical turbulence in the Middle East leaves its mark on the listings of Polish companies, including CD Projekt, the gaming giant from Poland.
The price of CD Projekt shares at Tuesday’s close, April 14, rose by 6,16% to 260,20 PLN.
Investors await a breakthrough in negotiations between the United States and Iran, which last weekend did not bring the expected easing of the narrative after a meeting of representatives of the conflict parties in the capital of Pakistan, Islamabad.
According to foreign media, U.S. Vice‑President J. D. Vance could return to the negotiating table later this week.
Bloomberg, citing sources familiar with the matter, says the goal is to conduct fruitful talks before the two‑week ceasefire expires, which expires next week.
Washington and Tehran envoys are expected to meet again in Pakistan, although other locations are still being considered.
Donald Trump claims the war is nearing its end, despite the ongoing blockade of the Strait of Hormuz, which has once again sowed uncertainty in international markets, raising concerns about high energy prices and rising inflation.
Investors nevertheless hope for a quick end to the conflict, which, as the U.S. president himself predicts, may come soon.
The reason for the spike in CD Projekt shares during Tuesday’s session was commented on by Mateusz Chrzanowski, a Noble Securities stock analyst, in an interview with FXMAG.
“I would attribute the rise to the overall sector’s behavior. Yesterday, companies from the industry worldwide were rising, so it’s probably a matter of investors looking more favorably at the gaming sector,” the expert said.
Regarding CDR itself, you can probably expect some information in May around the anniversary of the W3 launch, but further marketing materials will likely appear in the first week of June at an event organized by Xbox – he added.
The analyst is the author of Noble Securities’ recommendation from December 16 last year, which stated that a new paid add‑on (DLC) for Witcher 3 would appear in May.
“We assume sales of 11 million copies at $30 next year [talking about 2026 – source.edit.]. We estimate the production budget at 52 million PLN,” the report said.
“The launch should start the proper marketing campaign for Witcher 4. We estimate the budget for other undisclosed projects that may debut next year at 28 million PLN, and potential next‑year sales revenue at 61 million PLN,” added.
See also: CD Projekt shares ignite the market again? A new game is coming! The expert says when he expects the Witcher 3 DLC.
CD Projekt Shares – What Next?
The price of CD Projekt shares on Wednesday, April 15, continued to rise by 1,38% to 263,80 PLN.
According to information in Noble Securities’ recommendation from December, the horizon of nine months will reach 283 PLN, not 223 PLN as previously expected.
Importantly, the recommendation lowered the recommendation from “buy” to “accumulate”.
Nevertheless, the growth potential relative to the current price is now 7,28%.
“Since our last BUY recommendation, the share price has risen 50%. Incoming information about employment structure and the scale of spending on new games led us to raise forecasts for expected game budgets and extend production time,” we read in the document.
“We raised the default price of future games to $80. We added to our forecasts a sale of 11 million copies of the expected 2026 DLC for Witcher 3,” added.
As stated, “a more favorable debut calendar and higher multipliers for the industry resulted in a clear increase in comparable valuation.”
Chart. CD Projekt share price
Source: TradingView.
Read also: CD Projekt shares surprise! “The company is facing the best quarter of the year”
See also: The 2026 market is preparing a surprise? “Investors should ensure their portfolios are ready for the upward trend”
