CD Projekt is valued at almost $8 billion USD
CD Projekt closed the week with a market cap of nearly $8 billion.
The company is behind The Witcher game franchise and the owners of the digital game marketplace GOG.com. It has seen its stock rise from around $48 at the end of February 2019 to $84 at the close of trade on February 18, 2020.
According to Yahoo Finance, CD Projekt’s valuation of $7.78 billion puts it in league with companies like Ubisoft and Take-Two. French developer and publisher Ubisoft’s market cap stands at $8.9 billion. Take-Two – the parent company of Rockstar and 2K Games – is valued at $13.16 billion.
Still, CD Projekt’s market capitalization – which you can calculate for yourself multiplying the total number of shares and the current stock price – puts it well behind other industry behemoths. The largest game-focused companies include Electronic Arts ($31.28 billion), Nintendo ($42.48 billion), and Activision Blizzard ($48.68 billion).
Apple, Google, Microsoft, and Sony are all industry players as well, of course. However, their companies derive large portions of revenue from other industries. Microsoft, for instance, recently hit an all-time high and is a $1.35 trillion company. That has come despite Xbox One sales lagging behind both the PS4 and Nintendo Switch.
