What is Noble Financial’s Estimate for CDRO FY2025 Earnings?

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) – Analysts at Noble Financial decreased their FY2025 EPS estimates for shares of Codere Online Luxembourg in a research note issued to investors on Tuesday, November 25th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings per share of $0.02 for the year, down from their prior forecast of $0.09. The consensus estimate for Codere Online Luxembourg’s current full-year earnings is ($0.05) per share. Noble Financial also issued estimates for Codere Online Luxembourg’s Q4 2025 earnings at $0.07 EPS.

A number of other analysts have also recently commented on CDRO. Stifel Nicolaus dropped their price target on Codere Online Luxembourg from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. Weiss Ratings lowered Codere Online Luxembourg from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, November 21st. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $9.00.

Codere Online Luxembourg Stock Performance

Shares of CDRO opened at $7.00 on Thursday. Codere Online Luxembourg has a fifty-two week low of $5.18 and a fifty-two week high of $8.75. The firm’s 50-day simple moving average is $6.45 and its two-hundred day simple moving average is $7.47.

Institutional Investors Weigh In On Codere Online Luxembourg

Several institutional investors and hedge funds have recently made changes to their positions in CDRO. Wolverine Asset Management LLC raised its holdings in Codere Online Luxembourg by 1,923.1% in the 3rd quarter. Wolverine Asset Management LLC now owns 6,818 shares of the company’s stock worth $47,000 after acquiring an additional 6,481 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of Codere Online Luxembourg in the 3rd quarter worth $90,000. Squarepoint Ops LLC purchased a new position in shares of Codere Online Luxembourg in the third quarter worth $203,000. Millennium Management LLC lifted its holdings in shares of Codere Online Luxembourg by 73.3% during the third quarter. Millennium Management LLC now owns 57,755 shares of the company’s stock valued at $399,000 after purchasing an additional 24,438 shares in the last quarter. Finally, Mmbg Investment Advisors CO. boosted its position in shares of Codere Online Luxembourg by 23.9% during the third quarter. Mmbg Investment Advisors CO. now owns 366,325 shares of the company’s stock valued at $2,528,000 after buying an additional 70,625 shares during the last quarter. Institutional investors own 10.30% of the company’s stock.

Codere Online Luxembourg Company Profile

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.