Speculation surrounding a potential new expansion for The Witcher 3 is reaching a fever pitch. Mateusz Chrzanowski, a prominent analyst at Noble Securities, has voiced absolute certainty that CD Projekt Red will release substantial new content by 2026. He asserts that this isn’t mere guesswork, but a conclusion drawn directly from the studio’s official corporate disclosures.
The driving force behind this theory is CD Projekt Red’s internal incentive program, which is strictly tied to financial performance. To hit the first major milestone—a cumulative profit of 2 billion PLN for the 2023–2026 period—the company still needs to generate approximately 700 million PLN. With the deadline approaching, analysts argue that routine updates and platform ports will not be enough to bridge such a significant gap.
In these financial forecasts, The Witcher 3 emerges as the most likely candidate for a revenue boost. Chrzanowski estimates a 90% probability that the studio is preparing a full-scale expansion. While Cyberpunk 2077 remains a strong seller with over 35 million copies moved, it is unlikely to meet the financial targets single-handedly. Furthermore, since The Witcher 4 is not expected until at least 2027, it cannot influence the current incentive cycle.
Further evidence surfaced late last year during an investor call, where CD Projekt Red executives hinted at the possibility of releasing new content to secure the first tier of the incentive plan. Although the company stopped short of providing specifics, the admission was enough to give the rumors significant weight.
Fool’s Theory is frequently mentioned as the most probable developer for such a project. This studio, staffed by many veterans of the original Witcher trilogy, recently released The Thaumaturge and is currently leading the remake of the first Witcher title. The studio’s rapid growth suggests it may have the bandwidth to tackle an additional project set within the world of The Witcher 3.
While the company maintains its official silence, the combination of rigid financial targets, cryptic executive statements, and independent market analysis makes the prospect of new Witcher 3 content seem more like a certainty than a rumor.
Source: iXBT.games