Techland: Now worth more than CD Projekt Red?

For a long time, CDPR was the king of Polish development studios. After the disastrous launch of Cyberpunk 2077, the tide seems to have turned. Techland is now in front of the former industry leader.

The times after the release of The Witcher 3 were golden for CD Projekt Red. The Polish developer studio, which is listed on the stock exchange, was able to look forward to a steadily growing share price, before the much-anticipated release of Cyberpunk 2077, a company share was worth more than one hundred euros.

Cyberpunk as a revenue brake

Then came the PR disaster known today as the Cyberpunk 2077 release debacle. The game was almost unplayable on PS4 and Xbox One due to numerous technical problems, Sony even felt compelled to remove Cyberpunk 2077 from the Playstation Store.

Although Cyberpunk 2077 has now been patched into a very capable sci-fi RPG, the development studio’s share price has fallen to a meager 20 euros per share. The site’s Polish equity specialists pulse businessare now even anticipating that Techland, the makers of the creepy obstacle course battle record Dying Light 2, would fetch a higher share price than CDPR’s options – if Techland were even listed on the stock exchange, which they aren’t.

Losses in the billions

According to the Puls Biznesu survey, CD Projekt Red currently has a total value of around two billion euros, Techland’s value would be slightly higher at 2.2 billion euros. Credit where credit is due, Dying Light 2 wasn’t perfect when it was released, but it was well above the release quality offered by Cyberpunk 2022.

It remains to be seen whether CDPR will be able to return to the glory days of the past with the upcoming tech update for The Witcher 3, the large additional content for Cyberpunk 2077 or the new Witcher game.