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CDRO
Upturn stock ratingUpturn stock rating

Codere Online US Corp (CDRO)

Upturn stock ratingUpturn stock rating
$8.49
Last Close (24-hour delay)
Profit since last BUY0%
upturn advisory
Consider higher Upturn Star rating
BUY since 1 day
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Upturn Advisory Summary

06/30/2025: CDRO (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $11.33

1 Year Target Price $11.33

Analysts Price Target For last 52 week
$11.33Target price
Low$5.75
Current$8.49
high$8.76

Analysis of Past Performance

Type Stock
Historic Profit -6.8%
Avg. Invested days 29
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 385.21M USD
Price to earnings Ratio 93.78
1Y Target Price 11.33
Price to earnings Ratio 93.78
1Y Target Price 11.33
Volume (30-day avg) 4
Beta 0.46
52 Weeks Range 5.75 - 8.76
Updated Date 06/29/2025
52 Weeks Range 5.75 - 8.76
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.09

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 1.95%
Operating Margin (TTM) 2.74%

Management Effectiveness

Return on Assets (TTM) 3.65%
Return on Equity (TTM) 17.19%

Valuation

Trailing PE 93.78
Forward PE -
Enterprise Value 329038781
Price to Sales(TTM) 1.92
Enterprise Value 329038781
Price to Sales(TTM) 1.92
Enterprise Value to Revenue 1.4
Enterprise Value to EBITDA 59.64
Shares Outstanding 45640800
Shares Floating 15278719
Shares Outstanding 45640800
Shares Floating 15278719
Percent Insiders 66.52
Percent Institutions 10.75

Analyst Ratings

Rating 2
Target Price 11.33
Buy -
Strong Buy 3
Buy -
Strong Buy 3
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Codere Online US Corp

stock logo

Company Overview

overview logo History and Background

Codere Online US Corp provides online gaming and sports betting services. It leverages the Codere Group's extensive experience in the gaming industry. Founded as a subsidiary, it focuses on expanding its online presence in regulated markets.

business area logo Core Business Areas

  • Online Casino: Offers a range of online casino games, including slots, table games, and live dealer games.
  • Sports Betting: Provides sports betting services on various sports events through its online platform.

leadership logo Leadership and Structure

The leadership team consists of executives with experience in the online gaming and technology sectors. The organizational structure is designed to support its online operations and expansion strategy.

Top Products and Market Share

overview logo Key Offerings

  • Online Casino Games: Offers various online casino games such as slots, blackjack, roulette and live dealer games. This product segment may contribute around 60% of the revenue. Competitors include DraftKings (DKNG), BetMGM, and FanDuel.
  • Sports Betting Platform: Provides a platform for users to bet on different sporting events. This product segment may contribute around 40% of the revenue. Competitors include DraftKings (DKNG), Penn Entertainment (PENN), and FanDuel.

Market Dynamics

industry overview logo Industry Overview

The online gaming and sports betting industry is experiencing significant growth due to increasing legalization and adoption. The market is highly competitive with many companies vying for market share.

Positioning

Codere Online US Corp is positioned as a player leveraging its brand and technology to capture market share in regulated online gaming markets. A competitive advantage is its experience of the parent company in brick and mortar casinos in Latin America.

Total Addressable Market (TAM)

The TAM for online gambling is in the tens of billions, projected to keep growing. Codere Online US Corp. is positioned to address this market by focusing on select regulated markets where it has a competitive advantage.

Upturn SWOT Analysis

Strengths

  • Established brand in certain markets
  • Technology platform
  • Access to Codere Group's resources
  • Strong relationships with local regulators

Weaknesses

  • Limited brand awareness in the US compared to major players
  • Dependence on regulatory approvals
  • Not profitable at scale
  • Geographic concentration of revenue.

Opportunities

  • Expansion into new regulated markets
  • Partnerships with sports teams and leagues
  • Adoption of new technologies like AI and blockchain
  • Growing demand for online gaming and sports betting

Threats

  • Increased competition
  • Changing regulations
  • Economic downturn impacting consumer spending
  • Cybersecurity risks

Competitors and Market Share

competitor logo Key Competitors

  • DKNG
  • PENN
  • GENI

Competitive Landscape

Codere Online US Corp faces intense competition from established players with greater brand recognition and financial resources. It aims to differentiate itself through its technology, partnerships, and focus on specific regulated markets. Its advantage is the brand recognition in Latin America.

Growth Trajectory and Initiatives

Historical Growth: The growth depends on the historical growth in key markets where it operates.

Future Projections: Analysts expect Codere Online US Corp to continue growing its revenue as it expands into new markets and increases its market share.

Recent Initiatives: Recent initiatives include expansion into new regulated markets, partnerships with sports teams, and launching new online gaming products.

Summary

Codere Online US Corp is an emerging player in the online gaming and sports betting industry. It's leveraging the Codere Group's experience and technology to grow its presence in regulated markets. Key challenges include intense competition, regulatory hurdles, and achieving profitability. Codere Online US Corp needs to focus on differentiating itself and efficiently managing its resources to succeed.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share estimates are approximate and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Codere Online US Corp

Exchange NASDAQ
Headquaters -
IPO Launch date 2021-12-01
CEO -
Sector Consumer Cyclical
Industry Gambling
Full time employees 325
Full time employees 325

Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting company in Spain, Mexico, Colombia, Panama, Argentina, and internationally. It offers online casino games available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo; and online sports betting and other bets under the Codere brand. The company is headquartered in Luxembourg, Luxembourg.