CD Projekt, the developer of popular games including the famous Witcher series, saw its shares fall 11% after announcing that the release of the long-awaited game Witcher IV was delayed. Many fans and investors expressed disappointment after the company's CFO said the game would not be released until 2027.
URA-Inform reports this, citing Reuters .
According to analysts, although the game's release was already expected to be between 2026 and 2028, the official confirmation of the later date did not come as a surprise to them. Grzegorz Balcerski, an analyst at brokerage Trigon, said that the premiere can be expected in the first half of 2027.
While delays for big games are common, this has raised concerns about delays in other CD Projekt projects, which could also have contributed to the company's share price drop. The decline was the largest in two years and resulted in the worst performance of any company on the STOXX 600 index in Europe. However, the stock has still shown a 20% gain since the start of 2025.
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“The lack of a clear commitment from management to the game's release date was also a disappointment to investors,” added analysts at financial company JPMorgan. CD Projekt announced that work on The Witcher IV had begun in March 2022, and full-scale development was announced only in November 2024. The company's CEO Michal Nowakowski noted that such a game usually takes 5-6 years to create.
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