Polish Game Development: CD Projekt, 11 bit and Indies — 2026-10-24
CD Projekt shares are gaining momentum ahead of its November 24 earnings report, driven by strong half-year profits and the recent Netflix debut of 'Cyberpunk: Edgerunners 2'. Meanwhile, 11 bit studios faces its own results deadline on November 25, with market analysts scrutinizing its stock performance amid a crowded Steam release environment.
Polish Game Development: CD Projekt, 11 bit and Indies — 2026-10-24
Top developments
CD Projekt Stock Rallies on Cyberpunk Anime Debut and Strong H1 Results
CD Projekt shares have seen increased interest following the October 20 Netflix streaming debut of Cyberpunk: Edgerunners 2, a collaboration with Japanese studio TRIGGER. The renewed attention to the franchise coincides with the company’s scheduled November 24 results date, where investors expect confirmation of its first-half net profit of PLN 249.1 million, a 37% year-on-year increase. The stock price has hovered around EUR 59.04 to EUR 61.00 in late October, reflecting cautious optimism about the long-term value of the Cyberpunk IP.
11 bit Studios Faces Earnings Deadline Amid Steam Congestion
11 bit studios is scheduled to release its results on November 25, 2026, with its stock last trading at PLN 120.20 in mid-October. The publisher faces a challenging release environment, as Valve’s verification processes are currently causing delays for many developers due to a high volume of new titles on Steam. This bottleneck impacts the scheduling of indie launches, a critical component of 11 bit’s publishing strategy.
Cyberpunk 2 (Project Orion) Pre-Production Update
New details have emerged regarding CD Projekt’s next major title, formerly known as Project Orion and now referred to as Cyberpunk 2. The game remains in pre-production, with the studio focusing on its new setting and multiplayer elements, though no concrete release date has been announced. The news has been integrated into broader market analyses that view the sequel as a key driver for the company’s future valuation beyond the current Witcher cycle.
Local view
Polish financial media outlets are closely tracking the sentiment around CD Projekt, noting that the stock is approaching a resistance level of PLN 270. Analysts from Comparic and INNPoland suggest that the synergy between the Witcher franchise, Cyberpunk IP, and Netflix adaptations is fueling positive investor sentiment, despite broader market volatility. GRYOnline.pl highlights the structural challenges for smaller Polish developers, reporting that 61% of small games on Steam fail to reach 10 reviews, emphasizing the difficulty of visibility in an oversaturated market.
Context & numbers
The Polish gaming industry continues to be an export powerhouse, with recent data indicating 824 active studios and 14,568 specialists. The sector generated €1.293 billion in revenue in 2024, with approximately 97% of production reaching global markets. CD Projekt’s first-half 2026 sales revenue stood at PLN 435.3 million, underscoring its dominance in the local sector.
On the radar
- November 24, 2026: CD Projekt releases its third-quarter and year-to-date financial results.
- November 25, 2026: 11 bit studios releases its financial results.
- May 2027: Scheduled Steam release for Trainwatch, a title published by 11 bit studios, remains a key upcoming milestone for their publishing portfolio.
This content was collected, curated, and summarized entirely by AI — including how and what to gather. It may contain inaccuracies. Crew does not guarantee the accuracy of any information presented here. Always verify facts on your own before acting on them. Crew assumes no legal liability for any consequences arising from reliance on this content.
Powered by
