Why is CD Projekt Red stock so low?
CD Projekt shares have dropped to the lowest level in over three years soon after the Cyberpunk 2077 developer released its new financial report. Analysts also reduced their expectations for the company’s revenue.
What is CD Projekt Red 2021 worth?
2.15 billion zł
The company began by translating major video-game releases into Polish, collaborating with Interplay Entertainment for two Baldur’s Gate games….CD Projekt.
|Logo since May 2014|
|Total assets||2.15 billion zł (2021)|
|Total equity||1.89 billion zł (2021)|
Is CDPR public?
In a $22.6 million deal, Polish The Witcher developer CD Projekt will officially become a publicly-traded company through its 50 percent acquisition of Optimus S.A. shares, confirming earlier media reports of a shift.
Is CD Projekt a good investment?
CD Projekt is currently at over 20X for a very low 2021 but usually trades at an average of 15-18X based on a more normalized P/E, including some of the “sales years”. Still, on the basis of EBITDA, Book values and Yields, CD Projekt is at high multiples here, and I wouldn’t call the business overvalued here.
Did Cyberpunk 2077 sell well?
CD Projekt shared on Thursday that Cyberpunk 2077 is now at 18 million copies sold, up from 13.7 million at the game’s launch in December 2020.
Does CDPR own Gog?
GOG.com (formerly Good Old Games) is a digital distribution platform for video games and films. It is operated by GOG sp. z o.o., a wholly owned subsidiary of CD Projekt based in Warsaw, Poland….GOG.com.
|GOG.com homepage as seen on 15 December 2014|
|Type of business||Subsidiary|
|Type of site||Digital distribution|
What will happen to CD Projekt Red?
One of the key goals of the new plan brings “a change in the way [the studio] develops video games,” according to a press release. The changes will allow CD Projekt Red to work on “multiple AAA games and expansions in parallel” starting in 2022.
Does CDPR have shareholders?
Net sales are distributed geographically as follows: Poland (3.4%), Europe (25.2%), Americas (60.6%), Asia (8.6%), Australia (2.1%) and Africa (0.1%). The Vanguard Group, Inc….2020.
|Systematic Alpha Investments LLC||900||0.0002%|
|Envestnet Asset Management, Inc.||145||0.0000%|
Is CD project a buy?
CD Projekt has received a consensus rating of Sell. The company’s average rating score is 1.18, and is based on no buy ratings, 2 hold ratings, and 9 sell ratings.
Did Cyberpunk 2077 make a profit?
As mentioned earlier, “Cyberpunk 2077” is one of their games that continue to help print money alongside other CD Projekt Red games. The total net profit for CD Projekt Red starting Jan 7 to Sep 30 brings in a massive $5 million, which helps more than makeup for the losses caused by GOG.
Will Witcher 4 come out?
CDPR announced that The Witcher 4 would become a reality on March 21, 2022. The announcement read (opens in new tab): “We’re happy to announce that the next installment in The Witcher series of video games is currently in development, kicking off a new saga for the franchise.”
Is GOG.COM legal?
So only the legal situation is concerned. “2.1 We give you and other GOG users the personal right (known legally as a ‘licence’) to use GOG.com to download and/or stream (depending on the content) and use GOG content and other GOG services. This licence is for your personal use.”
Is GOG making money?
The latest CD Projekt earnings report shows that digital storefront GOG.com has been losing money. The company’s overall revenue has increased 38 percent ($34.7m) owing to sales of The Witcher and Cyberpunk 2077, but GOG reports year-to-date losses of $2.21 million.
Is CD project Red still working on Cyberpunk?
CD Projekt Red has acknowledged that “there is work to be done” on Cyberpunk 2077, and the developer has revealed that it is currently working on expansions for the game.
What will CD Projekt Red do after Cyberpunk?
CD Projekt Red has announced that it’s working on a brand-new Witcher game, which will “kick off a new saga for the franchise,” and the first new mainstream title in the series since The Witcher 3: Wild Hunt was released all the way back in 2015.
When did CDPR go public?
CDPR went public on 16th March 2018, half way through the 4 year development cycle.