Light & Wonder
About: Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about one fourth of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
Employees: 6,500
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
69% more call options, than puts
Call options by funds: $30.9M | Put options by funds: $18.3M
20% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 50
4% more funds holding
Funds holding: 275 [Q2] → 285 (+10) [Q3]
8.24% less ownership
Funds ownership: 76.97% [Q2] → 68.73% (-8.24%) [Q3]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
21% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 107
24% less capital invested
Capital invested by funds: $7.28B [Q2] → $5.53B (-$1.74B) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$90
5%
upside
Avg. target
$108
27%
upside
High target
$120
40%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Truist Securities Barry Jonas 58% 1-year accuracy 19 / 33 met price target | 35%upside $115 | Buy Maintained | 23 Oct 2024 |
B. Riley Securities David Bain 38% 1-year accuracy 5 / 13 met price target | 40%upside $120 | Buy Reinstated | 8 Oct 2024 |
Macquarie Chad Beynon 60% 1-year accuracy 24 / 40 met price target | 37%upside $117 | Outperform Maintained | 25 Sept 2024 |
Stifel Jeffrey Stantial 54% 1-year accuracy 13 / 24 met price target | 17%upside $100 | Hold Maintained | 25 Sept 2024 |
Susquehanna Joseph Stauff 50% 1-year accuracy 13 / 26 met price target | 5%upside $90 | Neutral Maintained | 24 Sept 2024 |
Financial journalist opinion
Based on 18 articles about LNW published over the past 30 days
Neutral
PRNewsWire
23 hours ago
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK , Dec. 20, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. So What: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Neutral
GlobeNewsWire
1 day ago
Light & Wonder, Inc. Announcement: If You Have Suffered Losses in Light & Wonder, Inc. (NASDAQ: LNW), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public.
Neutral
GlobeNewsWire
4 days ago
Light & Wonder, Inc. Announcement: If You Have Suffered Losses in Light & Wonder, Inc. (NASDAQ: LNW), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public.
Neutral
PRNewsWire
4 days ago
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. So What: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Neutral
GlobeNewsWire
1 week ago
Light & Wonder, Inc. Announcement: If You Have Suffered Losses in Light & Wonder, Inc. (NASDAQ: LNW), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public.
Positive
Zacks Investment Research
1 week ago
Why Is Light & Wonder (LNW) Up 1% Since Last Earnings Report?
Light & Wonder (LNW) reported earnings 30 days ago. What's next for the stock?
Neutral
PRNewsWire
1 week ago
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. So What: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Neutral
GlobeNewsWire
1 week ago
L&W ALERT: Bragar Eagel & Squire, P.C. is Investigating Light & Wonder, Inc. on Behalf of L&W Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Light & Wonder, Inc. (“L&W” or the “Company”) (NASDAQ:LNW) on behalf of L&W stockholders. Our investigation concerns whether L&W has violated the federal securities laws and/or engaged in other unlawful business practices.
Neutral
GlobeNewsWire
1 week ago
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation – LNW
NEW YORK, Dec. 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public.
Neutral
PRNewsWire
2 weeks ago
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. So What: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
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