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

Codere Online Luxembourg (NASDAQ:CDRO) is projected to announce its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect the company to announce earnings of $0.0462 per share and revenue of $65.6250 million for the quarter. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:30 AM ET.

Codere Online Luxembourg Stock Performance

NASDAQ CDRO traded down $0.21 on Monday, hitting $9.17. 2,400 shares of the stock were exchanged, compared to its average volume of 16,399. The business’s fifty day moving average is $8.39 and its 200 day moving average is $7.65. Codere Online Luxembourg has a 52 week low of $5.18 and a 52 week high of $9.68.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CDRO shares. Stifel Nicolaus increased their price objective on shares of Codere Online Luxembourg from $8.50 to $9.00 and gave the company a “hold” rating in a research report on Thursday, March 26th. Weiss Ratings upgraded shares of Codere Online Luxembourg from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 10th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $9.00.

Hedge Funds Weigh In On Codere Online Luxembourg

A number of hedge funds and other institutional investors have recently made changes to their positions in CDRO. Susquehanna International Group LLP purchased a new position in shares of Codere Online Luxembourg in the 3rd quarter worth about $90,000. Squarepoint Ops LLC purchased a new position in shares of Codere Online Luxembourg in the 3rd quarter worth about $203,000. Millennium Management LLC boosted its holdings in shares of 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 buying an additional 24,438 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of Codere Online Luxembourg by 156.2% in 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 last quarter. 10.30% of the stock is 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.