Codere Online Luxembourg (CDRO) Stock Price, News & Analysis

Company Overview

Codere Online Luxembourg S.A. 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. Sports enthusiasts can access pre-match and live betting across major international leagues, complemented by in-play streaming and a broad array of virtual sports. On the iGaming side, Codere Online provides a diverse library of online casino games, including video slots, table classics, live-dealer experiences, and proprietary titles developed through partnerships with leading software providers.

Codere Online serves a geographically diversified customer base spanning Europe and Latin America. In Southern Europe, the company holds licenses in Spain and Italy, while in Latin America it maintains operations in Argentina, Mexico, Colombia, Peru, Panama and Uruguay. Each jurisdiction is supported by tailored platforms that comply with local regulations, secure payment methods, and customer-service teams fluent in regional languages. This global footprint allows Codere Online to capture varying market trends and seasonal demand across both mature and emerging gaming markets.

The management team at Codere Online brings together seasoned professionals from the gaming, technology and finance sectors. Since its Nasdaq debut in March 2021, the company has focused on enhancing user experience, expanding market share in regulated territories, and investing in data analytics to optimize odds and personalization features. Guided by a board with deep industry expertise, Codere Online continues to pursue growth through new license acquisitions, strategic partnerships and ongoing platform innovation.

Key Stats

• Today's Range: $8.05 to $8.25
• 50-Day Range: $8.07 to $8.70
• 52-Week Range: $5.75 to $8.76
• Volume: 13,643 shs
• Average Volume: 19,184 shs
• Market Capitalization: $370.60 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Buy

Codere Online Luxembourg Stock Analysis - MarketRank™

Codere Online Luxembourg scored higher than 22% of companies evaluated by MarketBeat, and ranked 254th out of 289 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Codere Online Luxembourg has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Codere Online Luxembourg has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Codere Online Luxembourg are expected to grow in the coming year, from ($0.05) to $0.34 per share.

Price to Book Value per Share Ratio

Codere Online Luxembourg has a P/B Ratio of 14.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.60% of the float of Codere Online Luxembourg has been sold short.

Short Interest Ratio / Days to Cover

Codere Online Luxembourg has a short interest ratio ("days to cover") of 8.2.

Change versus previous month

Short interest in Codere Online Luxembourg has recently increased by 1.43%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Codere Online Luxembourg does not currently pay a dividend.

Dividend Growth

Codere Online Luxembourg does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.60% of the float of Codere Online Luxembourg has been sold short.

Short Interest Ratio / Days to Cover

Codere Online Luxembourg has a short interest ratio ("days to cover") of 8.2.

Change versus previous month

Short interest in Codere Online Luxembourg has recently increased by 1.43%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.35

News Sentiment

Codere Online Luxembourg has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Codere Online Luxembourg this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Codere Online Luxembourg insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.16% of the stock of Codere Online Luxembourg is held by insiders.

Percentage Held by Institutions

Only 10.30% of the stock of Codere Online Luxembourg is held by institutions.

CDRO Stock Analysis - Frequently Asked Questions

How have CDRO shares performed this year?

Codere Online Luxembourg's stock was trading at $6.45 at the beginning of 2025. Since then, CDRO shares have increased by 25.9% and is now trading at $8.12.

Who are Codere Online Luxembourg's major shareholders?

Codere Online Luxembourg's top institutional investors include FNY Investment Advisers LLC (1.22%) and Blair William & Co. IL (0.09%).

How do I buy shares of Codere Online Luxembourg?

Shares of CDRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Codere Online Luxembourg own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Codere Online Luxembourg investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF), Disc Medicine (IRON) and Adobe (ADBE).

Company Calendar

• Today: 9/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Entertainment
• Current Symbol: NASDAQ:CDRO
• CIK: 1866782
• Web: www.dd3.mx
• Phone: 34-91-354-2819
• Fax: N/A
• Employees: 230
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Codere Online Luxembourg: $10.00
• High Price Target: $10.00
• Low Price Target: $10.00
• Potential Upside/Downside: +22.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 1.40
• Quick Ratio: 1.40

Sales & Book Value

• Annual Sales: $217.20 million
• Price / Sales: 1.72
• Cash Flow: $0.10 per share
• Price / Cash Flow: 85.29
• Book Value: $0.58 per share
• Price / Book: 14.09

Miscellaneous

• Outstanding Shares: 45,640,000
• Free Float: 45,112,000
• Market Cap: $373.11 million
• Optionable: Not Optionable
• Beta: 0.50