The Codere Online Luxembourg, S.A. (CDRO) share price is expected to increase by 44.31% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CDRO. Price targets range from $10.82615 at the low end to $15.16754 at the high end. The current analyst consensus for CDRO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned CDRO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Codere Online Luxembourg, S.A. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CDRO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CDRO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Chase Knickerbocker Craig-Hallum | Buy | $10 | Initiates | Jul 11, 2024 |
Jeffrey Stantial Stifel | Buy | $9 | Maintains | May 16, 2024 |
Jeffrey Stantial Stifel | Buy | $8 | Maintains | Mar 1, 2024 |
Michael Kupinski Noble Capital Markets | Outperform | $10 | Initiates | Feb 22, 2022 |
Stifel | Buy | Initiates | Jan 4, 2022 |
When did it IPO
2021
Staff Count
249
Country
Luxembourg
Sector/Industry
Consumer Cyclical/Gambling
CEO
Market Cap
$390.5M
In 2023, CDRO generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CDRO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Q2 results indicate profitable growth in core markets, driven by favorable trends in Mexico's expanding iGaming sector. The company has a strong balance sheet, enhancing its investment appeal.
Why It Matters - Q2 results indicate sustained profitability amid competition, highlighting growth potential in Mexico's iGaming market. A strong balance sheet and favorable valuation enhance appeal for investment.
Summary - Codere Online Luxembourg, S.A. (NASDAQ:CDRO) will host its Q2 2024 earnings call on July 31, 2024, at 8:30 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The earnings call indicates upcoming financial performance insights for Codere Online, which can influence stock valuation and investor sentiment.
Summary - Codere Online Luxembourg, S.A. (Nasdaq: CDRO) will release its Q2 2024 results on July 31, 2024, at 8:30 AM ET.
Why It Matters - Codere Online's upcoming Q2 2024 results may influence investor sentiment and stock performance, providing insights into its financial health and growth in the competitive online gaming sector.
Summary - Codere Online Luxembourg, S.A. (CDRO) and PlayAGS (AGS) have shown performance metrics compared to their sector in 2023. Further details are needed for specific performance data.
Why It Matters - Performance comparisons highlight relative strength or weakness of CDRO and AGS against their sector, impacting investor sentiment and potential stock valuations.
Summary - Codere Online Luxembourg, S.A. (CDRO) and Rush Street Interactive, Inc. (RSI) have been compared to their sector's performance year-to-date. Further details on their specific performance were not provided.
Why It Matters - The performance of Codere Online and Rush Street Interactive relative to their sector indicates competitive positioning and growth potential, influencing investment decisions and market sentiment.
Summary - Codere Online (Nasdaq: CDRO) resolved all 21 agenda items at its AGM, including appointing three new Board members, signaling potential strategic changes for investors.
Why It Matters - The favorable AGM outcomes and new board appointments may enhance governance and strategic direction for Codere Online, potentially boosting investor confidence and company performance.