CDRO Stock Summary and Trading Ideas (Codere Online Luxembourg S.A. - | NASDAQ:CDRO)

Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.

Codere Online Luxembourg S.A. - trades on the NASDAQ stock market under the symbol CDRO.

As of September 9, 2026, CDRO stock price was flat at $9.18 with 7,658 million shares trading.

CDRO has a beta of -0.05, meaning it tends to be less sensitive to market movements. CDRO has a correlation of 0.00 to the broad based SPY ETF.

CDRO has a market cap of $416.69 million. This is considered a Small Cap stock.

In the last 3 years, CDRO traded as high as $10.26 and as low as $2.68.

The top ETF exchange traded funds that CDRO belongs to (by Net Assets): BETZ, ODDZ.

CDRO has underperformed the market in the last year with a return of +12.6%, while the SPY ETF gained +18.7%. In the last 3 month period, CDRO fell short of the market, returning -4.5%, while SPY returned +3.4%. However, in the most recent 2 weeks CDRO has outperformed the stock market by returning +1.0%, while SPY returned -0.5%.

CDRO support price is $8.95 and resistance is $9.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CDRO shares will trade within this expected range on the day.