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The latest update is out from Codere Online ( (CDRO) ).
On November 17, 2025, Codere Online announced the appointment of Marcus Arildsson as the new Chief Financial Officer, succeeding Oscar Iglesias. Mr. Arildsson brings over 25 years of experience in investment banking and corporate finance, having held significant roles at companies like Millenium Hospitality Real Estate and Ladorian. His appointment is expected to strengthen Codere Online’s financial leadership as the company continues to expand its operations in the competitive online gaming industry. An Extraordinary General Meeting is scheduled for December 1, 2025, to approve Mr. Iglesias’s transition to the Board of Directors, reflecting the company’s strategic leadership realignment.
The most recent analyst rating on (CDRO) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Codere Online stock, see the CDRO Stock Forecast page.
Spark’s Take on CDRO Stock
According to Spark, TipRanks’ AI Analyst, CDRO is a Neutral.
Codere Online’s overall stock score is driven by its solid financial performance and positive earnings call sentiment. However, technical indicators suggest bearish momentum, and the stock appears overvalued, which weighs down the overall score.
To see Spark’s full report on CDRO stock, click here.
More about Codere Online
Codere Online Luxembourg, S.A., part of the Codere Group, is a leading online gaming operator offering online sports betting and casino services. Established in 2014, the company operates primarily in Spain and Latin America, leveraging Codere Group’s extensive physical presence in these regions to enhance its omnichannel gaming and casino offerings.
Average Trading Volume: 53,363
Technical Sentiment Signal: Sell
Current Market Cap: $259.7M
For an in-depth examination of CDRO stock, go to TipRanks’ Overview page.