CDRO official logo CDRO
CDRO 1-star rating from Upturn Advisory
Codere Online US Corp (CDRO) company logo

Codere Online US Corp (CDRO)

Codere Online US Corp (CDRO) 1-star rating from Upturn Advisory
$5.95
Last Close (24-hour delay)
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PASS
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Upturn Advisory Summary

11/05/2025: CDRO (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $11.33

1 Year Target Price $11.33

Analysts Price Target For last 52 week
$11.33 Target price
52w Low $5.75
Current$5.95
52w High $8.75

Analysis of Past Performance

Type Stock
Historic Profit -9.54%
Avg. Invested days 34
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 276.13M USD
Price to earnings Ratio 67.22
1Y Target Price 11.33
Price to earnings Ratio 67.22
1Y Target Price 11.33
Volume (30-day avg) 4
Beta 0.45
52 Weeks Range 5.75 - 8.75
Updated Date 11/5/2025
52 Weeks Range 5.75 - 8.75
Updated Date 11/5/2025
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 67.22
Forward PE -
Enterprise Value 259919641
Price to Sales(TTM) 1.38
Enterprise Value 259919641
Price to Sales(TTM) 1.38
Enterprise Value to Revenue 1.1
Enterprise Value to EBITDA 46.94
Shares Outstanding 45640814
Shares Floating 15278719
Shares Outstanding 45640814
Shares Floating 15278719
Percent Insiders 66.52
Percent Institutions 11.13

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Codere Online US Corp

Codere Online US Corp(CDRO) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Codere Online US Corp is an online gaming and sports betting operator, founded as part of the larger Codere Group. It focuses on providing online casino and sportsbook offerings in regulated markets, with an initial focus on Latin America and expansion into other global markets including some US states where legally permissible.

Company business area logo Core Business Areas

  • Online Casino: Offers a variety of online casino games, including slots, table games (blackjack, roulette, poker), and live dealer games.
  • Online Sports Betting: Provides a platform for users to bet on a wide range of sports events, including pre-match and in-play betting options.

leadership logo Leadership and Structure

Codere Online US Corp has a dedicated management team overseeing its operations. Details on specific leadership roles can be found on their investor relations website. The organizational structure is designed to support its focus on online gaming and sports betting in regulated markets.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Online Casino Games: A wide selection of slot games, table games, and live dealer games. Market share data for specific regions will vary and can be found in publicly available reports. Competitors: DraftKings (DKNG), BetMGM (MGM), FanDuel (Flutter Entertainment).
  • Online Sports Betting Platform: A platform offering pre-match and in-play betting on various sports. Market share data for specific regions will vary and can be found in publicly available reports. Competitors: DraftKings (DKNG), FanDuel (Flutter Entertainment), Caesars Entertainment (CZR).

Market Dynamics

industry overview logo Industry Overview

The online gaming and sports betting industry is experiencing rapid growth, driven by increasing internet penetration, favorable regulatory changes, and growing consumer demand for online entertainment. The market is competitive, with established players and new entrants vying for market share.

Positioning

Codere Online US Corp is positioned as a provider of online gaming and sports betting services in regulated markets. Its competitive advantage lies in leveraging the Codere Group's experience and brand recognition, particularly in Latin America.

Total Addressable Market (TAM)

The global online gambling market is estimated at hundreds of billions of dollars and is projected to continue growing rapidly. Codere Online US Corp is positioned to capture a portion of this TAM through its focus on regulated markets and expanding product offerings.

Upturn SWOT Analysis

Strengths

  • Established brand recognition within Codere Group
  • Focus on regulated markets
  • Diverse range of online casino games and sports betting options
  • Experience in Latin American markets

Weaknesses

  • Relatively smaller market share compared to larger competitors
  • Dependence on regulatory approvals for market entry
  • Limited brand awareness in some regions
  • Profitability struggles in competitive markets

Opportunities

  • Expansion into new regulated markets
  • Partnerships with sports leagues and teams
  • Introduction of innovative gaming products and technologies
  • Growing online gaming adoption rate

Threats

  • Intense competition from established players
  • Changing regulatory landscape
  • Risk of cyberattacks and data breaches
  • Economic downturn affecting consumer spending

Competitors and Market Share

Key competitor logo Key Competitors

  • DKNG
  • PDYPY
  • CZR

Competitive Landscape

Codere Online US Corp faces intense competition from larger, more established players. Its advantages include its brand recognition in certain markets and its focus on regulated environments. However, it needs to continue to innovate and expand its product offerings to compete effectively.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been driven by expansion into new regulated markets and the growing adoption of online gaming. The growth rates will vary over time based on market conditions and company performance.

Future Projections: Analyst estimates suggest continued growth in revenue driven by market expansion and increasing user base. Profitability is expected to improve as the company scales its operations.

Recent Initiatives: Recent strategic initiatives include securing licenses in new jurisdictions, launching new gaming products, and investing in marketing and customer acquisition.

Summary

Codere Online US Corp is a developing player in the competitive online gaming and sports betting market, leveraging the brand of the wider Codere Group. Their focus on regulated markets offers opportunities for growth, however profitability is a key concern. They need to be aware of the intense competition and changing regulatory landscape to succeed. Future success will depend on effective marketing, strategic partnerships, and innovation in their product offerings.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market data and analyst estimates are subject to change. The AI-based rating is an automated assessment and should not be the sole basis for investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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.