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CD Projekt postpones game premieres. Investors dissatisfied

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CD Projekt has moved the premieres of “Cyberpunk 2077” and “The Witcher 3: Wild Hunt” to new consoles to 2022. Analysts view this step negatively. They expected that at least one of the announced titles will debut this year on next-gen consoles and support the company’s results at the end of the year.

“Negative news. Although at the September conference there were opinions in which the company maintained that the plan was to debut the versions of the games ‘Cyberpunk 2077’ and ‘The Witcher 3’ for new consoles by the end of this year, but at the same time made a reservation that it may be changed” – DM BDM analysts wrote in the morning report.

“We were hoping, however, that at least one of the above-mentioned titles (W3) would fully debut on the next genes this year. Thus, it will clearly benefit from the upcoming second season of Netflix’s The Witcher and support the company’s results at the end of the year” – added analysts .

CD Projekt – course. The impact of management decisions

The market also reacted to the company’s announcements – on Thursday after 10.00 the shares of CD Projekt fell by 7.84 percent. ranking over PLN 178.

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CD Projekt courseStooq

On Wednesday, CD Projekt announced that the company’s goal is to release a version of the games for next-generation consoles next year – “Cyberpunk 2077” in the first quarter of 2022, and the games “The Witcher 3: Wild Hunt” in the second quarter of 2022. that he wants to allocate additional time to work on both projects.

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As stated, the decision to postpone the prime minister is based on the recommendation of production managers.

At the beginning of September, the representatives of the management board informed that the release of versions of the games for new consoles is planned for the end of this year. However, they reserved that this plan may be changed.

The premiere of the game “Cyberpunk 2077” in the PC version on Steam, GOG, Epic Store and on Google Stadia took place on December 10, 2020. The premiere of the game “The Witcher 3” took place in May 2015.

Main photo source: Daniel Krason / Shutterstock



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