Codere Online Luxembourg (CDRO) to Post Earnings on Thursday

Codere Online Luxembourg (NASDAQ:CDRO) is anticipated to release 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. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Codere Online Luxembourg Stock Up 1.3%

Shares of CDRO stock opened at $9.39 on Tuesday. 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 $9.53 and its two-hundred day moving average is $8.73.

Analyst Ratings Changes

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

Insider Activity

In other 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 transaction, the director directly owned 104,111 shares of the company’s stock, valued at $1,045,274.44. The trade was a 12.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 in the last three months. Insiders own 1.16% of the company’s stock.

Hedge Funds Weigh In On Codere Online Luxembourg

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

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.