Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Codere Online ( (CDRO) ) has shared an announcement.
On August 28, 2025, Codere Online’s Chief Financial Officer, Oscar Iglesias, announced his decision to step down for personal reasons, effective by December 31, 2025, or upon the appointment of his successor. Despite stepping down, Iglesias will remain involved with the company as a board member, continuing to influence its strategic direction. His departure is not due to any disagreements with the company, and he has been a key figure in Codere Online’s growth, notably leading its public listing in 2021. The company has initiated a search for a new CFO to ensure a smooth transition.
The most recent analyst rating on (CDRO) stock is a Hold with a $8.50 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 reflects its strong financial performance and positive earnings call, offset by high valuation concerns and moderate technical indicators. The company’s growth potential is promising, but external challenges and valuation risks need careful consideration.
To see Spark’s full report on CDRO stock, click here.
More about Codere Online
Codere Online Luxembourg, S.A. is a prominent online gaming operator, primarily serving markets in Spain and Latin America. It offers online sports betting and casino services through advanced digital platforms, complementing the physical presence of its parent company, Codere Group, in several countries across Europe and Latin America.
Average Trading Volume: 44,793
Technical Sentiment Signal: Buy
Current Market Cap: $377M
For detailed information about CDRO stock, go to TipRanks’ Stock Analysis page.