CD Projekt benefited from the calming of the situation in the Middle East. Is this a sign that investors should now direct capital toward Polish gaming?
CD Projekt shares before the next surge or correction?
Shares of the creators of "The Witcher" rose throughout the previous week. The expected peace in the Middle East helped: Donald Trump told the world that the Strait of Hormuz is open and suggested that the war with Iran is slowly coming to an end. As a result, almost the entire GPW turned green. At the end of Friday’s session, the main indices were up.
Problems may arise this week, as it is uncertain whether further peace talks can be arranged on the Iran‑USA line. Tehran claims it is not ready for negotiations, but, as Pakistani media report, "an Iranian delegation is expected to arrive on Tuesday despite its public denial."
Consequently, the Monday session could still be marked by gains, including for CD Projekt. That is very good news for other companies in the gaming sector.
"Sector leaders can often pull smaller entities along, especially in relatively small and dynamic markets like the GPW. The behavior of CD Projekt Red’s share price could be one of those growth drivers," said Kamil Szczepański, XTB analyst, in our interview.
Read more in the article: CD Projekt competitor shares at a 50‑percent discount! Expert: "The launch is an undeniable disappointment"
The expert also noted that capital is slowly returning to the Warsaw market, benefiting the entire gaming sector.
But why would CD Projekt still rise? Of course, the foundation for this is peace in the Middle East. Moreover, the company boasts very good financial results.
"In 2025, CD Projekt Group’s sales revenue was 867 million PLN, and the consolidated net profit reached 595 million PLN. (...) 2025 was the second best year in the Group’s history in terms of net profit," the company said at the end of March.
"In 2025, the Group invested over 513 million PLN in future productions," the same statement added, indicating that the largest part of the budget went to "The Witcher 4" and the second part to "Cyberpunk 2077". In addition, the market still believes in the launch of an add‑on to "Witcher 3", which would serve as a narrative bridge between the "trilogy" and the "quintet". However, it should be noted that the company’s management has not confirmed that this mythical DLC is being developed (they were only leaked by leakers).
Investors can therefore expect the company to maintain high profitability—especially in the context of upcoming major title releases: "Cyberpunk 2077 2" and "The Witcher 4", which will open a new series of games from the world created by Andrzej Sapkowski.
Recently, the company Big Cheese Studio also regained strength, having released "Cooking Simulator 2 Better Together" on March 31, a title heavily criticized by players. As a result, the share price fell by almost 50%. During Friday’s session, bulls began to lift it, which could herald the beginning of an interesting trend for gaming investors.
Also read: CD Projekt shares – what next? Expert points out companies worth watching in 2026!
See also: CD Projekt shares before a breakthrough? GPW awaits a DLC for Witcher 3. Expert points to potential dates
CDR trading with double‑digit gains in recent days
The price of CD Projekt shares at the end of Friday’s session reached 288,4 PLN, which means in
Only in the last 5 days, CDR shares have risen by 17,24%.
Chart. CD Projekt share price

Source: Trading View
For comparison, one share of Big Cheese Studio cost on Friday 5,85 PLN.
Over the last five sessions, the share price fell by 7,14%.
Chart. Big Cheese Studio share price

Source: TradingView
Also read: CD Projekt shares will again ignite the market? A new game is coming! Expert says when he expects a DLC for "Witcher 3"
See also: CD Projekt shares surprise! "The company is facing the best quarter of the year so far"