Codere Online Luxembourg (CDRO) Expected to Post Earnings on Thursday

Codere Online Luxembourg (NASDAQ:CDRO) is projected to post its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Codere Online Luxembourg to post earnings of $0.0457 per share and revenue of $66.0320 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Codere Online Luxembourg Trading Down 1.1%

Shares of CDRO stock opened at $9.18 on Thursday. Codere Online Luxembourg has a twelve month low of $5.18 and a twelve month high of $10.26. The stock has a fifty day simple moving average of $9.53 and a two-hundred day simple moving average of $8.70.

Analyst Upgrades and Downgrades

CDRO has been the subject of several recent analyst reports. 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. 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 report on Friday, May 8th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $10.00.

Insider Activity

In other news, Director Sanchez Oscar Iglesias sold 14,276 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $10.04, for a total transaction of $143,331.04. Following the completion of the sale, the director owned 104,111 shares in the company, valued at $1,045,274.44. This trade represents a 12.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 17,570 shares of company stock valued at $176,303 over the last ninety days. Corporate insiders own 1.16% of the company’s stock.

Hedge Funds Weigh In On Codere Online Luxembourg

A number of hedge funds and other institutional investors have recently bought and sold shares of CDRO. Susquehanna International Group LLP acquired a new position in shares of Codere Online Luxembourg in the third quarter worth $90,000. Squarepoint Ops LLC purchased a new position in shares of Codere Online Luxembourg in the 3rd quarter valued at $203,000. Millennium Management LLC grew its holdings in shares of Codere Online Luxembourg by 73.3% during the third quarter. Millennium Management LLC now owns 57,755 shares of the company’s stock worth $399,000 after purchasing an additional 24,438 shares during the last quarter. Finally, UBS Group AG increased its position in Codere Online Luxembourg by 156.2% during the third 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. 10.30% of the stock is currently owned by hedge funds and other institutional investors.

About Codere Online Luxembourg

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.