Codere Online Luxembourg, S.A. (CDROW)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Codere Online Luxembourg, S.A. (CDROW) trades at $0.98 with AI Score 47/100 (Grade C). Codere Online Luxembourg, S. A. is an online gaming and sports betting operator focused on the Latin American market. Market cap: $435.37M, Sector: Consumer cyclical.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for CDROW: CDROW does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CDROW against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CDROW: the 1 perspectives are evenly split.
How is this calculated? →Codere Online Luxembourg, S.A. (CDROW) Consumer Business Overview
Codere Online Luxembourg, S.A. is a key player in the Latin American online gaming and sports betting market, offering services via its website and mobile app. With operations spanning Spain, Italy, Mexico, Colombia, and Panama, the company leverages a high gross margin to navigate the competitive gambling sector.
What Is the Investment Thesis for CDROW?
Codere Online Luxembourg, S.A. presents a compelling investment case based on its strategic positioning in the high-growth Latin American online gaming market. The company's impressive 90.5% gross margin highlights its operational efficiency and pricing power. With a P/E ratio of 94.68 and a market capitalization of $435.37M, Codere Online offers potential for significant upside as the online gaming market in Latin America continues to expand. Key growth catalysts include increasing internet penetration and smartphone adoption in the region, coupled with favorable regulatory developments. However, investors should be aware of potential risks such as regulatory changes and competition. The company's beta of 0.44 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
CDROW Key Highlights
- Market capitalization of $435.37M indicates a smaller, potentially high-growth company.
- P/E ratio of 94.68 suggests investors have high expectations for future earnings growth.
- Profit margin of 4.2% demonstrates the company's ability to generate profit from its revenue.
- Gross margin of 90.5% indicates strong pricing power and efficient cost management.
- Beta of 0.44 suggests the stock is less volatile than the overall market.
Who Are CDROW's Competitors?
CDROW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ISPO Inspirato Incorporated | $4.26 | +0.00% | $53.54M | 38 |
| LITB LightInTheBox Holding Co., Ltd. | $3.02 | +3.25% | $27.55M | 48 |
| NTRP NextTrip, Inc. | $2.09 | -2.79% | $15.34M | — |
| NTZ Natuzzi S.p.A. | $1.86 | -7.00% | $20.49M | 45 |
| RAVE Rave Restaurant Group, Inc. | $3.41 | +3.33% | $48.46M | 80 |
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $31.68 | +1.34% | $7.53B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.56 | +1.70% | $434.69M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CDROW's Key Strengths?
- Strong presence in the Latin American market.
- High gross margin of 90.5%.
- Proprietary technology platform.
- Established brand recognition.
What Are CDROW's Weaknesses?
- Relatively small market capitalization.
- Limited geographic diversification.
- Dependence on regulatory approvals.
- Intense competition in the online gaming market.
What Could Drive CDROW Stock Higher?
- Potential regulatory approvals in new Latin American markets, expanding the company's operational footprint.
- Increasing mobile penetration in Latin America, driving growth in mobile gaming revenue.
- Strategic partnerships with local sports leagues and media companies, enhancing brand awareness and market reach.
- Continuous product innovation and expansion of online gaming offerings, attracting and retaining customers.
What Are the Key Risks for CDROW?
- Regulatory changes in key markets, impacting the company's operations and revenue.
- Increased competition from established international players and regional operators, eroding market share.
- Economic downturns in Latin America, reducing consumer spending on online gaming.
- Cybersecurity risks and data breaches, compromising customer data and damaging the company's reputation.
- Dependence on third-party technology providers, creating potential disruptions to the company's platform.
What Are the Growth Opportunities for CDROW?
- Expansion into New Latin American Markets: Codere Online has the opportunity to expand its operations into additional Latin American countries as regulatory frameworks evolve and new markets open up. The Latin American online gaming market is projected to reach $4 billion by 2028, presenting a significant growth opportunity for the company. Timeline: Ongoing.
- Increased Mobile Penetration: The increasing adoption of smartphones in Latin America provides a significant growth driver for Codere Online. By optimizing its mobile platform and marketing efforts, the company can attract a larger share of mobile users. Mobile gaming is expected to account for 70% of the total online gaming market by 2027. Timeline: Ongoing.
- Strategic Partnerships: Forming strategic partnerships with local sports leagues, media companies, and other relevant organizations can enhance Codere Online's brand awareness and market reach. Partnerships can provide access to new customer segments and create synergistic marketing opportunities. Timeline: Ongoing.
- Product Innovation: Continuously innovating and expanding its product offerings, including new sports betting options, casino games, and features, can attract and retain customers. Introducing innovative features such as live streaming, virtual reality experiences, and personalized betting options can enhance the user experience. Timeline: Ongoing.
- Regulatory Developments: Favorable regulatory developments in key markets can create new opportunities for Codere Online. As more countries in Latin America legalize and regulate online gaming, the company can expand its operations and capitalize on the growing market. Regulatory changes are expected in Brazil and Argentina by 2027. Timeline: Upcoming.
What Opportunities Does CDROW Have?
- Expansion into new Latin American markets.
- Increased mobile penetration.
- Strategic partnerships.
- Product innovation.
What Threats Does CDROW Face?
- Regulatory changes.
- Increased competition.
- Economic downturns.
- Cybersecurity risks.
What Are CDROW's Competitive Advantages?
- Established presence in the Latin American market.
- Strong brand recognition in key markets.
- Proprietary technology platform.
- Regulatory licenses in multiple jurisdictions.
What Does CDROW Do?
Codere Online Luxembourg, S.A. is an online gaming and sports betting operator with a strong presence in Latin America. The company delivers its services through a user-friendly website and a dedicated mobile application, providing a comprehensive suite of online sports betting and casino games. Operating in key markets such as Spain, Italy, Mexico, Colombia, and Panama, Codere Online has established itself as a notable player in the region's burgeoning online gambling industry. The company's core business revolves around offering a diverse range of online sports betting options, covering major sports leagues and events globally, as well as a wide array of casino games, including slots, table games, and live dealer experiences. Codere Online aims to provide a secure and engaging platform for its users, focusing on regulatory compliance and responsible gaming practices. Codere Online's strategic focus on Latin America allows it to capitalize on the increasing adoption of online gaming in the region, driven by factors such as rising internet penetration, growing smartphone usage, and evolving regulatory frameworks. The company continues to invest in technology and marketing initiatives to enhance its platform, expand its customer base, and strengthen its competitive position in the dynamic online gaming market.
What Products and Services Does CDROW Offer?
- Offers online sports betting services.
- Provides online casino games, including slots and table games.
- Operates through a website and mobile application.
- Focuses on the Latin American market.
- Operates in Spain, Italy, Mexico, Colombia, and Panama.
- Provides a platform for users to place bets on various sports events.
- Offers a range of casino games, including live dealer options.
How Does CDROW Make Money?
- Generates revenue through online sports betting and casino gaming.
- Earns commissions on bets placed by users.
- Acquires customers through marketing and promotional activities.
- Focuses on providing a secure and engaging platform for users.
What Industry Does CDROW Operate In?
Codere Online Luxembourg, S.A. operates within the global online gambling market, which has experienced substantial growth in recent years, driven by increasing internet penetration, smartphone adoption, and favorable regulatory changes in various jurisdictions. The Latin American online gaming market, in particular, presents significant growth opportunities due to its large population and relatively untapped potential. The competitive landscape includes both established international players and regional operators. Codere Online's focus on Latin America and its established presence in key markets position it favorably to capitalize on the region's growth potential. Competitors include ISPO, LITB, NTRP, NTZ, and RAVE.
Who Are CDROW's Key Customers?
- Individuals interested in online sports betting.
- Individuals interested in playing online casino games.
- Customers in Spain, Italy, Mexico, Colombia, and Panama.
- Users of the Codere Online website and mobile application.
Net buyingInsider Activity
Over the past six months, Codere Online Luxembourg, S.A. insiders filed 12 SEC Form 4 transactions — 4 sales and 8 purchases. On net that is roughly 124K shares acquired (about $83K) — insiders putting money in tends to read as conviction.
CDROW Valuation & Market Position
With a $435.37M market cap, Codere Online Luxembourg, S.A. sits in the small-cap segment of the market. Relative to its peer group, CDROW's quantitative score of 47/100 is roughly in line with the peer average of 53/100.
ROE 0%Key Financial Metrics
Return on equity for Codere Online Luxembourg, S.A. stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. Its free cash flow yield is 3.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.37 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
FY2026 estForward Outlook
Wall Street analysts project Codere Online Luxembourg, S.A. revenue of about $236.8M for fiscal 2026, with EPS near $0.37. The estimate reflects 4 contributing analysts.
Company Profile
Codere Online Luxembourg, S.A. operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Luxembourg, LU. The company is led by CEO Aviv Sher. CDROW has traded publicly since 2021.
CDROW Financials
Bull Case vs Bear Case
Bull Case
- Strong presence in the Latin American market.
- High gross margin of 90.5%.
- Proprietary technology platform.
- Established brand recognition.
Bear Case
- Relatively small market capitalization.
- Limited geographic diversification.
- Dependence on regulatory approvals.
- Intense competition in the online gaming market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
CDROW Latest News
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Codere Online Luxembourg, S.A. Q1 2026 Earnings Call Summary
Yahoo! Finance: CDROW News · May 7, 2026
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Codere Online Luxembourg Q1 Earnings Call Highlights
Yahoo! Finance: CDROW News · May 7, 2026
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Codere Online Luxembourg, S.A. (CDRO) Q1 2026 Earnings Call Transcript
seekingalpha.com · May 7, 2026
CDROW Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CDROW.
Price Targets
Wall Street price target analysis for CDROW.
CDROW MoonshotScore
What does this score mean?
The MoonshotScore rates CDROW's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Leadership: Aviv Sher
CEO
Aviv Sher serves as the CEO of Codere Online Luxembourg, S.A., bringing extensive experience in the online gaming and technology sectors. Prior to joining Codere Online, Sher held leadership positions at several prominent online gaming companies, where he was responsible for driving growth, innovation, and operational excellence. His background includes a strong focus on technology development, product management, and marketing strategy. Sher's expertise in the online gaming industry and his track record of success make him well-suited to lead Codere Online in its continued expansion and growth.
Track Record: Under Aviv Sher's leadership, Codere Online has focused on expanding its presence in the Latin American market and enhancing its technology platform. Key milestones include securing regulatory approvals in new jurisdictions, launching innovative product features, and increasing customer acquisition. Sher's strategic decisions have contributed to the company's revenue growth and market share gains. He is focused on driving sustainable growth and creating long-term value for shareholders.
What Investors Ask About Codere Online Luxembourg, S.A. (CDROW) — Consumer Cyclical
What does Codere Online Luxembourg, S.A. do?
Codere Online Luxembourg, S.A. operates as an online gaming and sports betting operator, primarily focusing on the Latin American market. The company provides a platform for users to engage in online sports betting and casino games through its website and mobile application. Operating in Spain, Italy, Mexico, Colombia, and Panama, Codere Online offers a diverse range of gaming options, including sports betting on major leagues and events, as well as a variety of casino games such as slots, table games, and live dealer experiences. The company aims to provide a secure and engaging platform for its users, focusing on regulatory compliance and responsible gaming practices.
What are the main risks for CDROW?
Codere Online Luxembourg, S.A. faces several risks, including regulatory changes in the online gaming industry, particularly in Latin America. Increased competition from both established international players and regional operators could erode market share. Economic downturns in Latin America could reduce consumer spending on online gaming. Cybersecurity risks and data breaches pose a threat to customer data and the company's reputation. Dependence on third-party technology providers could create potential disruptions to the company's platform. Investors should carefully consider these risks before investing in CDROW.
How does Codere Online Luxembourg, S.A. manage regulatory and compliance risks in the online gaming industry?
Codere Online Luxembourg, S.A. manages regulatory and compliance risks by maintaining a dedicated legal and compliance team that monitors regulatory developments in each of its operating jurisdictions. The company invests in robust compliance programs, including KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures, to ensure adherence to local regulations. Codere Online also works closely with regulatory authorities to obtain and maintain the necessary licenses and permits to operate its online gaming platform. The company's commitment to regulatory compliance is essential for maintaining its reputation and ensuring its long-term sustainability in the online gaming market.
What is Codere Online Luxembourg, S.A.'s geographic revenue mix?
Codere Online Luxembourg, S.A. generates revenue from its operations in Spain, Italy, Mexico, Colombia, and Panama. While the specific revenue breakdown by country is not available, the company's focus on Latin America suggests that a significant portion of its revenue comes from this region. The company's expansion into new Latin American markets could further diversify its revenue streams and reduce its dependence on any single market. Investors should monitor the company's geographic revenue mix to assess its exposure to regional economic and regulatory risks.
What are the key factors to evaluate for CDROW?
Codere Online Luxembourg, S.A. (CDROW) holds an AI score of 47/100 (low). Not financial advice.
How frequently does CDROW data refresh on this page?
CDROW prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CDROW's recent stock price performance?
Codere Online Luxembourg, S.A. (CDROW) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong presence in the Latin American market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CDROW overvalued or undervalued right now?
Valuing Codere Online Luxembourg, S.A. (CDROW) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending may provide additional insights.
- Financial data is limited to the provided information.