First Cyberpunk fix boosts creator’s stock

Poland’s biggest computergame maker jumped after releasing its first major patch for its bug-ridden Cyberpunk 2077 game as it tries to get the title back into Sony Corp.’s PlayStation store.

The Cyberpunk changes released over the weekend focused on “various stability improvements and bug fixes” and will be followed by further patches, CD Projekt SA said Saturday.

Its shares accelerated gains 10.2 per cent to close at 275.70 Polish zloty ($93.94) in Warsaw, the biggest increase in the WIG20 Index.

While the adjustments address the game’s weak performance on older PlayStation consoles, the studio may need to do more to get the game back into Sony’s online store after it was pulled late last year, according to Trigon Dom Maklerski SA.

“It seems that the patch slightly improved the performance of the game, but it’s probably still not enough for Cyberpunk to return to the PlayStation store,” Trigon’s analyst Kacper Kopron said in a note. “We expect it to happen after a bigger patch is released in February.”

Separately, Jefferies raised its recommendation for the stock to “buy” from “underperform” with a target price of 308 zloty. Its analyst Ken Rumph sees “positive catalysts ahead,” including the game’s eventual return to Sony store and the relaunch of its next-generation version.

CD Projekt had no immediate comment when asked by Bloomberg News how quickly Cyberpunk could be reinstated into PlayStation store after the patch release. Sony Interactive Entertainment Polska’s spokesperson Monika Paplinska was unavailable for comment.