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 7,139 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
156% more call options, than puts
Call options by funds: $40.8M | Put options by funds: $15.9M
20% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]
2.84% less ownership
Funds ownership: 69.05% [Q3] → 66.21% (-2.84%) [Q4]
9% less capital invested
Capital invested by funds: $5.56B [Q3] → $5.05B (-$511M) [Q4]
11% less funds holding
Funds holding: 286 [Q3] → 255 (-31) [Q4]
40% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 52
48% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 124
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$104
2%
upside
Avg. target
$115
13%
upside
High target
$122
20%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Macquarie Chad Beynon 84% 1-year accuracy 36 / 43 met price target | 20%upside $122 | Outperform Maintained | 19 Feb 2025 |
Stifel Jeffrey Stantial 48% 1-year accuracy 13 / 27 met price target | 2%upside $104 | Hold Maintained | 19 Feb 2025 |
Benchmark Mike Hickey 79% 1-year accuracy 71 / 90 met price target | 12%upside $114 | Buy Reiterated | 19 Feb 2025 |
Jefferies David Katz 61% 1-year accuracy 14 / 23 met price target | 19%upside $121 | Buy Maintained | 15 Jan 2025 |
Financial journalist opinion
Based on 28 articles about LNW published over the past 30 days
Neutral
GlobeNewsWire
16 hours ago
Light & Wonder, Inc. Investor News: 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, Feb. 21, 2025 (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
1 day ago
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK , Feb. 20, 2025 /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.
Positive
Zacks Investment Research
1 day ago
Light & Wonder (LNW) Surges 4.3%: Is This an Indication of Further Gains?
Light & Wonder (LNW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Positive
Zacks Investment Research
1 day ago
Seeking Clues to Light & Wonder (LNW) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Light & Wonder (LNW), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Positive
Zacks Investment Research
1 day ago
Light & Wonder Boosts Portfolio With Strategic Buyout: Stock to Gain?
This buyout of Grover Charitable Gaming is likely to boost LNW's commercial prospects in the fast-growing charitable gaming space.
Neutral
Accesswire
2 days ago
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation – LNW
NEW YORK, NY / ACCESS Newswire / February 19, 2025 / Rosen Law Firm PA 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
Business Wire
4 days ago
Light & Wonder Announces Strategic Acquisition of Grover Gaming's Charitable Gaming Assets
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries “Light & Wonder,” “L&W” or the “Company”) today announced that it has entered into a definitive agreement to acquire the charitable gaming assets (“Grover Charitable Gaming”) of Grover Gaming, Inc. and G2 Gaming, Inc. (together, “Grover Gaming”) for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four-year revenue based earn-out of u.
Neutral
Accesswire
4 days ago
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK, NY / ACCESS Newswire / February 17, 2025 / 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
5 days ago
Light & Wonder, Inc. Investor News: 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, Feb. 16, 2025 (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
1 week ago
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK , Feb. 14, 2025 /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.
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