Codere Online Luxembourg, S.A. (CDRO)

NASDAQ: CDRO · Real-Time Price · USD
9.40
0.00 (0.00%)
May 21, 2026, 4:00 PM EDT - Market closed
Market Cap433.03M +16.6%
Revenue (ttm)247.04M +4.8%
Net Income1.52M -66.9%
EPS0.03 -64.5%
Shares Out 45.39M
PE Ratio285.52
Forward PE30.03
Dividendn/a
Ex-Dividend Daten/a
Volume29,573
Open9.26
Previous Close9.40
Day's Range9.25 - 9.51
52-Week Range5.18 - 9.72
Beta0.44
AnalystsBuy
Price Target13.95 (+46.23%)
Earnings DateFeb 28, 2023

About CDRO

Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting company in Spain, Mexico, Colombia, Panama, Argentina, and internationally. It offers online casino games available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo, as well as online casino through its website and mobile applications; and online sports betting and other bets under the Codere brand. The company is headquartered in Luxembourg, Luxembourg.

Industry Gambling
Founded 2014
Employees 325
Stock Exchange NASDAQ
Ticker Symbol CDRO
Full Company Profile

Financial Performance

In 2025, Codere Online Luxembourg's revenue was 210.41 million, an increase of 4.83% compared to the previous year's 200.70 million. Earnings were 1.29 million, a decrease of -66.94%.

Financial numbers in EUR Financial Statements

Analyst Summary

According to 4 analysts, the average rating for CDRO stock is "Buy." The 12-month stock price target is $13.95, which is an increase of 46.23% from the latest price.

Price Target
$13.95
(46.23% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Codere Online price target raised to $10 from $9 at Stifel

Stifel raised the firm’s price target on Codere Online (CDRO) to $10 from $9 and keeps a Hold rating on the shares.

13 days ago - TheFly

Codere Online Luxembourg Earnings Call Transcript: Q1 2026

Q1 2026 saw 13% NGR growth year-over-year and a significant jump in adjusted EBITDA, driven by strong performance in Spain and Mexico. Guidance for 2026 is unchanged, with disciplined marketing and cash generation supporting continued growth.

14 days ago - Transcripts

Codere Online Luxembourg Slides: Q1 2026

Codere Online Luxembourg has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

14 days ago - Filings

Codere Online Luxembourg Earnings release: Q1 2026

Codere Online Luxembourg released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

14 days ago - Filings

Codere Online Reports Financial Results for the First Quarter 2026

The Company delivered record quarterly net gaming revenue of €64.4 million and  Adj. EBITDA of €6.0 million Total revenue was €60.3 mm in Q1 2026, while net gaming revenue1 was €64.4 mm, 13% above Q1 ...

14 days ago - GlobeNewsWire

Codere Online to Release Financial Results for the First Quarter 2026 on May 7th

Madrid, Spain and Tel Aviv, Israel, April 29, 2026 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain...

22 days ago - GlobeNewsWire

Codere Online Announces Filing of 2025 Annual Report on Form 20-F

Luxembourg, Grand Duchy of Luxembourg, April 28, 2026 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”), a leading online gaming operator in S...

22 days ago - GlobeNewsWire

Codere Online price target raised to $9 from $8.50 at Stifel

Stifel raised the firm’s price target on Codere Online (CDRO) to $9 from $8.50 and keeps a Hold rating on the shares. Recent media reports suggest that parent company and…

2 months ago - TheFly

RubyPlay and Codere Online join forces to elevate gaming offering in Mexico

Leading Mexican operator leverages provider's content ecosystem to diversify casino offering Mexico City, Mexico, March 4, 2026 (GLOBE NEWSWIRE) RubyPlay, a studio-based content ecosystem, has strengt...

2 months ago - GlobeNewsWire

Codere Online Luxembourg Earnings Call Transcript: Q4 2025

Record 2025 results with NGR of €224M and Adjusted EBITDA of €13.8M, driven by strong growth in Mexico and Spain. 2026 guidance targets further top-line and EBITDA growth, with continued investment in core markets and share buybacks.

3 months ago - Transcripts

Codere Online Luxembourg Earnings release: Q4 2025

Codere Online Luxembourg released its Q4 2025 earnings on February 26, 2026, summarizing the period's financial results.

3 months ago - Filings

Codere Online Luxembourg Slides: Q4 2025

Codere Online Luxembourg has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 26, 2026.

3 months ago - Filings

Codere Online Luxembourg Annual report: Q4 2025

Codere Online Luxembourg has published its Q4 2025 annual report on February 26, 2026.

3 months ago - Filings

Codere Online reports Q4 revenue EUR 57.1M vs. EUR 49.8M last year

Aviv Sher, Chief Executive Officer of Codere Online (CDRO), commented, “In the fourth quarter of 2025, our net gaming revenue reached EUR 60.7 million, marking the highest quarterly figure in…

3 months ago - TheFly

Codere Online sees FY26 net gaming revenue EUR 235M-EUR 245M

Marcus Arildsson, CFO of Codere Online (CDRO), commented, “Beyond the strong top line performance in the fourth quarter, we also had a significant uplift in Adj. EBITDA to EUR 6.7…

3 months ago - TheFly

Codere Online Reports Financial Results for the Fourth Quarter and Full Year 2025

The Company delivered a strong set of results, with record net gaming revenue of €224.1 million and Adj. EBITDA of €13.8 million for FY 2025

3 months ago - GlobeNewsWire

Codere Online launches iOS Poker app in Mexico

Codere Online (CDRO) Luxembourg announced the launch of its new iOS Poker application in Mexico, reinforcing the Company’s strategic objective to provide customers with access to a complete suite of…

3 months ago - TheFly

Codere Online Launches iOS Poker App in Mexico, Advancing Its Multi-Product Expansion Strategy

Mexico City, Mexico, February 19, 2026 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin A...

3 months ago - GlobeNewsWire

Codere Online to Release Financial Results for the Fourth Quarter 2025 on February 26th

Madrid, Spain and Tel Aviv, Israel, February 10, 2026 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Sp...

3 months ago - GlobeNewsWire

Codere Online downgraded to Hold from Buy at Stifel

Stifel downgraded Codere Online (CDRO) to Hold from Buy with a price target of $8.50, down from $9. The shares are up more than three-fold from the mid-2022 lows due…

3 months ago - TheFly

Codere Online to Participate in Upcoming Investor Conferences

Madrid, Spain and Tel Aviv, Israel, November 20, 2025 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Sp...

6 months ago - GlobeNewsWire

Codere Online price target lowered to $9 from $10 at Stifel

Stifel analyst Jeffrey Stantial lowered the firm’s price target on Codere Online (CDRO) to $9 from $10 and keeps a Buy rating on the shares. The firm lowered its FY25…

6 months ago - TheFly

Codere Online Luxembourg Earnings Call Transcript: Q3 2025

Q3 2025 net gaming revenue was flat at EUR 52 million, but Q4 trends show a strong rebound, especially in Mexico and Spain. Adjusted EBITDA nearly doubled year-over-year, and guidance for 2025 is reiterated. Regulatory and tax changes in Mexico and Colombia present ongoing risks.

6 months ago - Transcripts

Codere Online Luxembourg Earnings release: Q3 2025

Codere Online Luxembourg released its Q3 2025 earnings on November 17, 2025, summarizing the period's financial results.

6 months ago - Filings

Codere Online Luxembourg Slides: Q3 2025

Codere Online Luxembourg has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 17, 2025.

6 months ago - Filings