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Codere Online (CDRON) Stock Price & Analysis

CDRON Stock Chart & Stats

MX$165.00-MX$5.00(-2.94%)
At close:
Mex$155Mex$160Mex$165Mex$17020 Apr8 Jul
Day’s Range
MXN 165.00 - MXN 165.00
52-Week Range
MXN 94.91 - MXN 187.00
Previous Close
MXN 170.00
Volume
0
Average Volume (3M)
0
Market Cap
MXN 7.39B
Enterprise Value
MXN 353.97M
Total Cash (Recent Filing)
MXN 72.87M
Total Debt (Recent Filing)
MXN 1.90M
Price to Earnings (P/E)
60.2
Beta
0.22
Next Earnings
Nov 18, 2026 (Est.)
EPS Estimate
1.47
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Raised Guidance And Growth

The guidance increase, supported by strong Q2 revenue growth and higher customer activity, indicates that operating momentum is extending beyond a single quarter. Higher expected revenue and EBITDA provide a stronger base for reinvestment, customer acquisition, and sustained improvement in earnings power.

Cash Generation And Low Leverage

A debt-free balance sheet and meaningful cash reserves give Codere Online flexibility to fund marketing, absorb regulatory costs, and pursue growth without relying heavily on external financing. Positive cash generation also strengthens resilience as the company scales in regulated markets.

Strategic NFL Partnership In Mexico

The multi-year NFL relationship can strengthen brand recognition and customer engagement in one of Codere Online’s strategic markets. Association with a globally recognized sports property may support differentiated marketing, premium positioning, and longer-term customer acquisition.

Bears Say

Higher Gaming Taxes

Higher gaming taxes directly reduce the revenue retained from customer activity and can limit EBITDA conversion even when wagering and net gaming revenue grow. If elevated tax burdens persist in key markets, Codere Online may need greater scale or marketing efficiency to protect margins.

Intense Mexican Competition

A more competitive Mexican market can require sustained promotional and marketing investment to defend customer relationships and market share. This raises the cost of growth and may constrain margin expansion, particularly if competitors continue using aggressive offers to attract players.

Spanish Regulatory Changes

Spain is a major growth contributor, so changes to VIP treatment and deposit limits could reduce player activity or alter monetization. Regulatory adjustments may also require operational changes and compliance investment, making growth and margin outcomes less predictable in this mature market.

Codere Online News

CDRON FAQ

What was Codere Online’s price range in the past 12 months?
Codere Online lowest stock price was Mex$94.91 and its highest was Mex$187.00 in the past 12 months.
What is Codere Online’s market cap?
Codere Online’s market cap is Mex$7.39B.
When is Codere Online’s upcoming earnings report date?
Codere Online’s next earnings report is estimated for Nov 18, 2026 (not yet confirmed), which is in 16 days.
How were Codere Online’s earnings last quarter?
Codere Online released its earnings results on Jul 30, 2026. The company reported -Mex$0.629 earnings per share for the quarter, missing the consensus estimate of Mex$0.839 by -Mex$1.469.
Is Codere Online overvalued?
According to Wall Street analysts Codere Online’s price is currently Undervalued.
Does Codere Online pay dividends?
Codere Online does not currently pay dividends.
What is Codere Online’s EPS estimate?
Codere Online’s EPS estimate is 1.47.
How many shares outstanding does Codere Online have?
Codere Online has 45,469,913 shares outstanding.
What happened to Codere Online’s price movement after its last earnings report?
Codere Online reported an EPS of -Mex$0.629 in its last earnings report, missing expectations of Mex$0.839. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Codere Online?
Currently, no hedge funds are holding shares in MX:CDRON
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology