Brokers Offer Predictions for CDRO Q3 Earnings

Codere Online Luxembourg, S.A. (NASDAQ:CDROFree Report) – Research analysts at Noble Financial issued their Q3 2026 earnings per share (EPS) estimates for Codere Online Luxembourg in a report issued on Friday, July 31st. Noble Financial analyst M. Kupinski anticipates that the company will post earnings of $0.06 per share for the quarter. The consensus estimate for Codere Online Luxembourg’s current full-year earnings is $0.33 per share. Noble Financial also issued estimates for Codere Online Luxembourg’s Q4 2026 earnings at $0.13 EPS.

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

Get Our Latest Stock Analysis on CDRO

Codere Online Luxembourg Stock Up 1.0%

Shares of CDRO stock opened at $9.27 on Monday. Codere Online Luxembourg has a fifty-two week low of $5.18 and a fifty-two week high of $10.26. The stock’s 50-day moving average is $9.52 and its two-hundred day moving average is $8.78.

Hedge Funds Weigh In On Codere Online Luxembourg

A number of institutional investors have recently modified their holdings of the company. UBS Group AG boosted its holdings in shares of Codere Online Luxembourg by 156.2% during the 3rd quarter. UBS Group AG now owns 512,884 shares of the company’s stock worth $3,539,000 after buying an additional 312,664 shares during the period. Squarepoint Ops LLC acquired a new position in Codere Online Luxembourg in the 3rd quarter valued at $203,000. Millennium Management LLC raised its holdings in Codere Online Luxembourg by 73.3% in the 3rd quarter. Millennium Management LLC now owns 57,755 shares of the company’s stock worth $399,000 after acquiring an additional 24,438 shares during the period. Finally, Susquehanna International Group LLP bought a new position in Codere Online Luxembourg in the 3rd quarter worth $90,000. Institutional investors own 10.30% of the company’s stock.

Insider Buying and Selling at Codere Online Luxembourg

In related news, Director Sanchez Oscar Iglesias sold 14,276 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $10.04, for a total value of $143,331.04. Following the completion of the sale, the director directly owned 104,111 shares in the company, valued at approximately $1,045,274.44. The trade was a 12.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 17,570 shares of company stock valued at $176,303. 1.16% of the stock is currently owned by company insiders.

Codere Online Luxembourg Company Profile

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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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