Q3 Earnings Forecast for CDRO Issued By Noble Financial

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) – Stock analysts at Noble Financial issued their Q3 2026 EPS estimates for shares of Codere Online Luxembourg in a report issued on Friday, July 31st. Noble Financial analyst M. Kupinski forecasts that the company will post earnings per share of $0.06 for the quarter. The consensus estimate for Codere Online Luxembourg’s current full-year earnings is $0.35 per share. Noble Financial also issued estimates for Codere Online Luxembourg’s Q4 2026 earnings at $0.13 EPS.

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

Codere Online Luxembourg Trading Down 0.9%

Shares of CDRO opened at $9.19 on Monday. Codere Online Luxembourg has a 52 week low of $5.18 and a 52 week high of $10.26. The firm’s 50-day simple moving average is $9.52 and its 200 day simple moving average is $8.79.

Institutional Investors Weigh In On Codere Online Luxembourg

Several hedge funds and other institutional investors have recently made changes to their positions in CDRO. Susquehanna International Group LLP acquired a new position in Codere Online Luxembourg during the 3rd quarter worth approximately $90,000. Millennium Management LLC lifted its stake in Codere Online Luxembourg by 73.3% in the 3rd quarter. Millennium Management LLC now owns 57,755 shares of the company’s stock valued at $399,000 after purchasing an additional 24,438 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in Codere Online Luxembourg in the third quarter valued at approximately $203,000. Finally, UBS Group AG boosted its position in 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. 10.30% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Codere Online Luxembourg news, Director Sanchez Oscar Iglesias sold 14,276 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $10.04, for a total transaction of $143,331.04. Following the completion of the transaction, the director owned 104,111 shares of the company’s stock, valued at approximately $1,045,274.44. The trade was a 12.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 17,570 shares of company stock worth $176,303 over the last three months. 1.16% of the stock is currently owned by insiders.

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.