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

Company Overview

Codere Online Luxembourg S.A. (NASDAQ: CDRO) is a digital gaming and sports betting operator headquartered in Luxembourg. A subsidiary of Grupo Codere, the company specializes in providing online wagering solutions to customers through web-based and mobile platforms. Its core offerings include real-time sports betting, a portfolio of casino games, virtual sports, and live dealer experiences. The company’s digital infrastructure supports multi-channel integration, allowing users seamless transitions between desktop and mobile devices.

Tracing its roots to Grupo Codere, which was founded in Madrid in 1980 by Manuel Lao Hernández, Codere Online Luxembourg launched its online operations in 2019. The spin-off was designed to accelerate the group’s digital strategy and tap into the growing global market for online gaming. In 2021, the company completed its initial public offering on the Nasdaq Global Select Market, opening its capital structure to international investors and increasing its visibility within the North American financial community.

Codere Online’s product suite encompasses fixed-odds sports betting on football, basketball, tennis and an expanding range of global leagues. Its casino vertical features a diverse selection of slot games, roulette, blackjack, baccarat and other table games, enhanced by live streaming technology. The business employs proprietary risk-management and data-analytics tools to shape its odds, manage liabilities and personalize promotions. A robust loyalty program and a variety of payment options, including local and international e-wallets, support user acquisition and retention across multiple jurisdictions.

The company primarily serves markets in Spain, Italy and several Latin American countries, including Mexico, Colombia, Argentina and Panama, with ongoing expansion efforts into other regulated territories. Codere Online is led by a seasoned executive team with deep experience in digital gaming, under the strategic oversight of founder and executive chairman Manuel Lao Hernández. Supported by senior managers in technology, compliance and operations based in Luxembourg, the organization continues to pursue growth through product innovation and responsible gaming initiatives.

Key Stats

• Today's Range: $8.24 to $8.39
• 50-Day Range: $7.09 to $8.49
• 52-Week Range: $5.75 to $8.76
• Volume: 33,290 shs
• Average Volume: 51,557 shs
• Market Capitalization: $379.73 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 27% of companies evaluated by MarketBeat, and ranked 235th out of 287 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 14.36. 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

2.27% 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 7.

Change versus previous month

Short interest in Codere Online Luxembourg has recently increased by 6.24%, indicating that investor sentiment is decreasing significantly.

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

2.27% 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 7.

Change versus previous month

Short interest in Codere Online Luxembourg has recently increased by 6.24%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.94

News Sentiment

Codere Online Luxembourg has a news sentiment score of 0.94. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Codere Online Luxembourg this week, compared to 1 article on an average week.

Search Interest

1 people have searched for CDRO on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added Codere Online Luxembourg to their MarketBeat watchlist in the last 30 days.

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 start of the year. Since then, CDRO shares have increased by 29.1% and is now trading at $8.33.

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: 7/14/2025
• Next Earnings (Estimated): 7/31/2025
• 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: +20.0%
• 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: $200.70 million
• Price / Sales: 1.89
• Cash Flow: $0.10 per share
• Price / Cash Flow: 86.43
• Book Value: $0.58 per share
• Price / Book: 14.36

Miscellaneous

• Outstanding Shares: 45,641,000
• Free Float: 45,112,000
• Market Cap: $380.19 million
• Optionable: Not Optionable
• Beta: 0.51