What is Noble Financial’s Estimate for CDRO FY2025 Earnings?

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) – Analysts at Noble Financial cut their FY2025 earnings estimates for shares of Codere Online Luxembourg in a research report issued on Tuesday, November 25th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings per share of $0.02 for the year, down from their prior estimate of $0.09. The consensus estimate for Codere Online Luxembourg’s current full-year earnings is ($0.05) per share. Noble Financial also issued estimates for Codere Online Luxembourg’s Q4 2025 earnings at $0.07 EPS.

CDRO has been the subject of a number of other research reports. Weiss Ratings cut shares of Codere Online Luxembourg from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, November 21st. Stifel Nicolaus lowered their price objective on Codere Online Luxembourg from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday, November 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $9.00.

Codere Online Luxembourg Stock Performance

NASDAQ:CDRO opened at $7.10 on Thursday. The company has a fifty day moving average of $6.46 and a two-hundred day moving average of $7.46. Codere Online Luxembourg has a fifty-two week low of $5.18 and a fifty-two week high of $8.75.

Hedge Funds Weigh In On Codere Online Luxembourg

Several hedge funds and other institutional investors have recently modified their holdings of the business. Wolverine Asset Management LLC grew its stake in Codere Online Luxembourg by 1,923.1% during the 3rd quarter. Wolverine Asset Management LLC now owns 6,818 shares of the company’s stock valued at $47,000 after acquiring an additional 6,481 shares in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Codere Online Luxembourg during the 3rd quarter worth approximately $90,000. Millennium Management LLC grew its position in shares of Codere Online Luxembourg by 73.3% in the third quarter. Millennium Management LLC now owns 57,755 shares of the company’s stock valued at $399,000 after purchasing an additional 24,438 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Codere Online Luxembourg in the third quarter valued at approximately $203,000. Finally, Mmbg Investment Advisors CO. increased its holdings in shares of Codere Online Luxembourg by 23.9% in the third quarter. Mmbg Investment Advisors CO. now owns 366,325 shares of the company’s stock valued at $2,528,000 after purchasing an additional 70,625 shares during the last quarter. 10.30% of the stock is owned by hedge funds and other institutional investors.

Codere Online Luxembourg Company Profile

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.