Codere Online shows excellent cash conversion and strong Piotroski quality, but weakening momentum that has tripped the engine's gate, value-trap signals from margin compression, and a thin risk/reward asymmetry argue for reducing exposure rather than adding.
Thesis pillars
- Value Trap Margin Compression↑Improving
- Excellent Cash Conversion Quality→Stable
- Weak Momentum Below Gate Threshold↑Improving
- +1 more pillar — see the Why tab for full reasoning
Codere Online Luxembourg, S.A. (CDRO) Stock Analysis
Consumer Cyclical · Gambling
Sell if holding. Engine flags exit at $9.54. Sector modifier (Consumer Cyclical): -1.5.
Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting company in Spain, Mexico, and internationally. It offers online casino games available in land-based casinos, gaming halls, and gambling establishments, such as... Read more
Sell if holding. Engine flags exit at $9.54. Sector modifier (Consumer Cyclical): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Score 6.5/10, moderate confidence.
Passes 8/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 33d clear, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.
Recent developments
updated 2026-10-13Recent Developments — Codere Online Luxembourg, S.A.
Latest news
- NEWS CDRO|Codere Online Luxembourg SA|Price:9.285|Chg%:-0.035 - TradingKey — TradingKey neutral
- NEWS Codere Online Luxembourg SA (CDRO) Technical Analysis: Support, Resistance, Indicators & Moving Averages - TradingKey — TradingKey neutral
- NEWS Codere Online Gains 2.5% as Investors Eye Online Gaming Growth Trajectory (CDRO) - Ratio Spread Trade - dars.gov.et — dars.gov.et positive
- NEWS CDRO|Codere Online Luxembourg SA|Price:9.450|Chg%:+0.180 - TradingKey — TradingKey neutral
- NEWS CDRO|Codere Online Luxembourg SA|Price:9.390|Chg%:+0.070 - TradingKey — TradingKey neutral
Generated 2026-10-13T11:32:14Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 ceiling hit
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine flags exit at $9.54. Sector modifier (Consumer Cyclical): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $8.88. Score 6.5/10, moderate confidence.
Take-profit target: $10.77 (+12.9% upside). Prior stop was $8.88. Stop-loss: $8.88.
Sector modifier (Consumer Cyclical): -1.5.
Codere Online Luxembourg, S.A. trades at a P/E of 36.7 (forward 15.5). TrendMatrix value score: 5.8/10. Verdict: Sell.
10 analysts cover CDRO with a consensus score of 3.9/5. Average price target: $13.
What does Codere Online Luxembourg, S.A. do?Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting...
Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting company in Spain, Mexico, 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, as well as online casino through its website and mobile applications; and online sports betting and other bets under the Codere brand. Codere Online Luxembourg, S.A. is headquartered in Luxembourg, Luxembourg.