TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Codere Online ( (CDRO) ).
On July 31, 2025, Codere Online released its preliminary unaudited financial results for the second quarter of 2025, reporting a net gaming revenue of €54.8 million, a slight increase from the previous year despite currency challenges. The company saw significant growth in Mexico, with a 23% increase in net gaming revenue in constant currency terms, and a 36% rise in active customers. Despite a net loss of €3.1 million in the first half of 2025, Codere Online remains optimistic about meeting its annual financial outlook. Additionally, the company repurchased $0.7 million of its shares under its buyback plan and regained compliance with Nasdaq listing requirements.
The most recent analyst rating on (CDRO) stock is a Buy with a $14.00 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 score is driven by solid financial performance with strong revenue growth and cash flow. Technical analysis supports a positive trend, and the earnings call reflects a resilient outlook despite some challenges. The lack of valuation metrics and profitability margins slightly constrain the 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 that offers online sports betting and gaming services. The company primarily operates in Spain and Latin America, focusing on expanding its market presence in these regions.
Average Trading Volume: 50,383
Technical Sentiment Signal: Buy
Current Market Cap: $383.4M
For detailed information about CDRO stock, go to TipRanks’ Stock Analysis page.