Codere Online Luxembourg SA

Codere Online Luxembourg SA

Codere Online Luxembourg SA (CDRO) is the online arm of a well-known gaming group focused on sports betting and casino offerings across regulated markets. With a market capitalisation around $303.5m, the company earns revenue from online wagers, in-play betting and digital casino games, supported by user acquisition, retention and payment partnerships. Key points for investors include exposure to consumer discretionary spending and regulatory regimes that can both enable growth and add compliance costs. Online gaming can be cyclical and sensitive to promotional intensity, competitor pricing and technological change. Financial performance may vary by market mix and currency movements. This summary is general educational information, not personalised advice β€” values can rise and fall and past performance is not a guarantee of future returns. Suitability depends on an investor’s goals, risk tolerance and time horizon; consider professional advice before making investment decisions.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Codere Online's stock with a target price of $11.90, indicating potential growth.

Average

Financial Health

Codere Online is generating positive cash flow and has a reasonable book value per share.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring CDRO

Flutter's FanDuel Full House

Flutter's FanDuel Full House

This collection features carefully selected stocks across the online gambling ecosystem, handpicked by professional analysts. As Flutter completes its FanDuel acquisition, these companies are positioned to benefit from the booming US sports betting market that's reshaping how Americans engage with sports and entertainment.

Published: July 14, 2025

Explore Basket
Addictive Products

Addictive Products

These companies have mastered the art of creating products customers can't live without. Our analysts have carefully selected businesses with loyal followings and consistent revenue streams, giving you access to brands that keep customers coming back for more.

Published: June 17, 2025

Explore Basket

Why You’ll Want to Watch This Stock

πŸ“ˆ

Revenue Volatility Watch

Online gaming revenues can swing with promotions, seasonality and competition β€” worth watching alongside user metrics and margins.

🌍

Regulatory Footprint

Growth often depends on licences and market access; regulatory shifts can materially affect operations and profitability.

⚑

Tech & Payments

Platform innovation and payment partnerships drive user experience and retention, though implementation and security carry execution risk.

Why invest with Nemo?

Nemo Logo Fade
πŸ†“

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

πŸ”’

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

πŸ’°

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Frequently asked questions