News Flash: Analysts Just Made A Sizeable Upgrade To Their CD Projekt Red S.A. (WSE:CDR) Forecasts
Shareholders in CD Projekt Red S.A. (WSE:CDR) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The revenue forecast for this year has experienced a facelift, with analysts now much more optimistic on its sales pipeline.
After the upgrade, the consensus from CD Projekt Red's eleven analysts is for revenues of zł887m in 2026, which would reflect a small 6.3% decline in sales compared to the last year of performance. Before the latest update, the analysts were foreseeing zł797m of revenue in 2026. The consensus has definitely become more optimistic, showing a solid increase in revenue forecasts.
View our latest analysis for CD Projekt Red
We'd point out that there was no major changes to their price target of zł237, suggesting the latest estimates were not enough to shift their view on the value of the business.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. One thing that stands out from these estimates is that revenues are expected to keep falling until the end of 2026, roughly in line with the historical decline of 13% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 32% per year. So while a broad number of companies are forecast to grow, unfortunately CD Projekt Red is expected to see its sales affected worse than other companies in the industry.
The Bottom Line
The highlight for us was that analysts increased their revenue forecasts for CD Projekt Red this year. They're also anticipating slower revenue growth than the wider market. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at CD Projekt Red.
Thirsting for more data? We have analyst estimates for CD Projekt Red going out to 2028, and you can see them free on our platform here.
Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.