The Witcher 3 company CD Projekt is now a stock market powerhouse

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In the same way that a company like Ubisoft is renowned for its world-conquering Assassin’s Creed series, which turned the French company into a global video game powerhouse, Poland’s CD Projekt Red has also become a force to contend with in recent years due to the success of its Witcher games.

These video games are based on the writings of Polish writer Andrzej Sapkowski, and 2015’s The Witcher 3: Wild Hunt in particular is surely one of the best role-playing games ever made, thanks to its great plot, atmosphere, characters and gameplay.

The Witcher 3 sold millions of copies and truly became a bona fide success, and even the game’s latest Blood and Wine expansion was one of the best releases of 2016. So it makes sense that video game fans are looking forward to CD Projekt’s Red next project, the sci-fi game Cyberpunk 2077, which will be hitting shelves in the near future.

So given the success of CD Projekt’s Red games, it’s not surprising that parent company CD Projekt has ended up becoming something of a stock market powerhouse as reported on PC Gamer, and is currently valued at more than $1.6 billion US dollars in the Polish stock market.

This puts the game publisher ahead of other video game companies like Capcom (which is currently valued at about $1.4 billion US dollars according to Bloomberg), but is still behind others like Ubisoft (valued at almost $4 billion) and mammoth publisher Electronic Arts, which has a market cap of more than $26.5 billion.

CD Projekt’s stock market success is still stunning though, but it remains to be seen whether things will keep moving in its favour. This strongly depends on whether future game projects like a promising card game based on the Witcher games and the much-anticipated Cyberpunk 2077 turn out to be successes too. But taking into account CD Projekt’s record when it comes to video games, it’s likely this is a company that will keep growing in the future.

IMAGE CREDITS
The Witcher 3: Wild Hunt (CD Projekt Red)

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