Codere Online Luxembourg (CDRO) Projected to Announce Quarterly Earnings on Thursday

Codere Online Luxembourg (NASDAQ:CDROGet Free Report) will likely be posting its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Codere Online Luxembourg to announce earnings of $0.0457 per share and revenue of $66.5460 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Codere Online Luxembourg Price Performance

NASDAQ CDRO opened at $9.32 on Wednesday. The company’s 50-day simple moving average is $9.53 and its 200 day simple moving average is $8.74. Codere Online Luxembourg has a twelve month low of $5.18 and a twelve month high of $10.26.

Insider Activity at Codere Online Luxembourg

In related news, Director Sanchez Oscar Iglesias sold 14,276 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $10.04, for a total transaction of $143,331.04. Following the sale, the director directly owned 104,111 shares in the company, valued at $1,045,274.44. This represents a 12.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 17,570 shares of company stock valued at $176,303. 1.16% of the stock is owned by insiders.

Hedge Funds Weigh In On Codere Online Luxembourg

Several institutional investors have recently bought and sold shares of the business. Susquehanna International Group LLP acquired a new stake in shares of Codere Online Luxembourg in the third quarter valued at $90,000. Squarepoint Ops LLC bought a new stake in Codere Online Luxembourg during the 3rd quarter worth about $203,000. Millennium Management LLC increased its position in Codere Online Luxembourg by 73.3% in the 3rd quarter. Millennium Management LLC now owns 57,755 shares of the company’s stock valued at $399,000 after acquiring an additional 24,438 shares in the last quarter. Finally, UBS Group AG increased its position in Codere Online Luxembourg by 156.2% in the 3rd quarter. UBS Group AG now owns 512,884 shares of the company’s stock valued at $3,539,000 after acquiring an additional 312,664 shares in the last quarter. Institutional investors own 10.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CDRO shares. Weiss Ratings raised Codere Online Luxembourg from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, June 5th. Wall Street Zen upgraded Codere Online Luxembourg to a “strong-buy” rating in a research report on Saturday, July 18th. Finally, Stifel Nicolaus set a $10.00 price target on Codere Online Luxembourg in a research note on Friday, May 8th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $10.00.

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About Codere Online Luxembourg

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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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