GameSquare and Codere Online Luxembourg Compared in Head-to-Head Analysis

Analysts believe Codere Online Luxembourg has stronger prospects than GameSquare based on key metrics

Published on Feb. 15, 2026

A head-to-head analysis of two small-cap consumer discretionary companies, GameSquare (NASDAQ:GAME) and Codere Online Luxembourg (NASDAQ:CDRO), reveals that Codere Online Luxembourg is seen as the more favorable investment option by analysts. The analysis compares the companies across factors like revenue, earnings, valuation, profitability, institutional ownership, and volatility.

Why it matters

This analysis provides investors with a detailed comparison of two niche gaming and entertainment companies, highlighting their relative strengths and weaknesses. It can help inform investment decisions in the rapidly evolving digital media and esports landscape.

The details

The analysis finds that Codere Online Luxembourg has stronger consensus ratings from analysts, with a potential upside of 7.05% compared to GameSquare. Codere Online Luxembourg also has higher net margins, return on equity, and return on assets. Additionally, Codere Online Luxembourg has lower share price volatility and more institutional ownership, indicating greater confidence from large investors.

  • The analysis was published on February 15, 2026.

The players

Codere Online Luxembourg

An online casino gaming and sports betting company that operates primarily in Spain, Italy, Mexico, Colombia, the UK, Germany, and other markets.

GameSquare

A vertically integrated digital media, entertainment, and technology company that operates an esports platform and provides marketing, creative, and data analytics services.

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The takeaway

This analysis highlights the relative strengths of Codere Online Luxembourg compared to GameSquare, with Codere Online Luxembourg seen as the more favorable investment option by analysts based on its financial performance, market positioning, and institutional support. Investors in the digital media and esports space should closely monitor the ongoing developments of these two companies.