Codere Online Luxembourg (CDRO) Expected to Announce Earnings on Thursday

Key Points

• Q1 2026 earnings are due before the market opens on Thursday, May 7, with analysts forecasting EPS of $0.0462 and revenue of $65.625 million and a call at 8:30 AM ET.
• Shares were trading down about 2.2% at $9.17 on light volume (2,400 vs. average 16,399), with a 12‑month range of $5.18–$9.68 and 50/200‑day SMAs of $8.39 and $7.65.
• Analysts carry a consensus Hold rating and $9.00 target, while institutions — notably UBS and Millennium — have recently increased positions, leaving roughly 10.3% of the stock owned by institutional investors.

Codere Online Luxembourg (NASDAQ:CDRO - Get Free Report) is projected to post its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Codere Online Luxembourg to post earnings of $0.0462 per share and revenue of $65.6250 million for the quarter. Individuals can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:30 AM ET.

Codere Online Luxembourg Trading Down 2.2%

NASDAQ:CDRO traded down $0.21 during trading hours on Monday, reaching $9.17. 2,400 shares of the company's stock were exchanged, compared to its average volume of 16,399. Codere Online Luxembourg has a 12 month low of $5.18 and a 12 month high of $9.68. The business's 50-day simple moving average is $8.39 and its two-hundred day simple moving average is $7.65.

Institutional Trading of Codere Online Luxembourg

Several institutional investors have recently made changes to their positions in CDRO. Susquehanna International Group LLP acquired a new position in Codere Online Luxembourg in the third quarter valued at about $90,000. Squarepoint Ops LLC acquired a new position in Codere Online Luxembourg during the third quarter valued at approximately $203,000. Millennium Management LLC grew its holdings in Codere Online Luxembourg by 73.3% during the third quarter. Millennium Management LLC now owns 57,755 shares of the company's stock valued at $399,000 after purchasing an additional 24,438 shares during the period. Finally, UBS Group AG grew its holdings in Codere Online Luxembourg by 156.2% during the third quarter. UBS Group AG now owns 512,884 shares of the company's stock valued at $3,539,000 after purchasing an additional 312,664 shares during the period. 10.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Weiss Ratings raised shares of Codere Online Luxembourg from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, February 10th. Stifel Nicolaus raised their price target on shares of Codere Online Luxembourg from $8.50 to $9.00 and gave the company a "hold" rating in a report on Thursday, March 26th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $9.00.

About Codere Online Luxembourg

Codere Online Luxembourg SA is a publicly traded company incorporated under the laws of Luxembourg and listed on the Nasdaq Stock Market under the ticker CDRO. Established in December 2020 as a spin-off of Grupo Codere’s digital operations, Codere Online leverages the heritage and infrastructure of its Spanish parent to deliver a dedicated online gaming and sports betting platform. Headquartered in Luxembourg City, the company operates through locally licensed subsidiaries in multiple jurisdictions.

The company’s core business revolves around an integrated online sportsbook and casino offering.

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