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 7,407 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures 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]
1.11% less ownership
Funds ownership: 68.72% [Q3] → 67.6% (-1.11%) [Q4]
6% less capital invested
Capital invested by funds: $5.53B [Q3] → $5.18B (-$353M) [Q4]
9% less funds holding
Funds holding: 286 [Q3] → 260 (-26) [Q4]
41% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 54
49% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 127
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$80
0%
upside
Avg. target
$107
34%
upside
High target
$130
63%
upside
6 analyst ratings
3 positive
50%
2 neutral
33%
1 negative
17%
Stifel Steven Wieczynski 29% 1-year accuracy 10 / 34 met price target | 16%upside $93 | Hold Maintained | 3 Apr 2025 |
Benchmark Mike Hickey 44% 1-year accuracy 40 / 91 met price target | 63%upside $130 | Buy Maintained | 28 Feb 2025 |
JP Morgan Don Carducci 0% 1-year accuracy 0 / 2 met price target | 38%upside $110 | Overweight Maintained | 26 Feb 2025 |
Mizuho Ben Chaiken 19% 1-year accuracy 10 / 54 met price target | 0%upside $80 | Underperform Maintained | 26 Feb 2025 |
Macquarie Chad Beynon 18% 1-year accuracy 9 / 49 met price target | 56%upside $125 | Outperform Maintained | 26 Feb 2025 |
Financial journalist opinion
Based on 10 articles about LNW published over the past 30 days
Neutral
PRNewsWire
17 hours ago
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK , April 18, 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
2 days ago
Here's Why Light & Wonder (LNW) is a Strong Value Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Neutral
Business Wire
2 days ago
Light & Wonder to Host Investor Day on Tuesday, May 20, 2025
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), the leading cross-platform global games company, will host an Investor Day on Tuesday May 20, 2025, in New York City at 2:00 p.m. U.S. Eastern Time. The Investor Day will feature presentations from President and CEO Matt Wilson, CFO Oliver Chow, leaders from each of its businesses, and an expert panel featuring Todd Eilers from Eilers & Krejcik Gaming. The presentations will p.
Neutral
Business Wire
1 week ago
Light & Wonder to Report First Quarter 2025 Results on Wednesday, May 7, 2025
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today that it will release its financial results for the first quarter of 2025, on Wednesday, May 7, 2025, after market close. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results. Participants are encouraged to pre-register for the conference call by using the following link. To pre.
Positive
Zacks Investment Research
1 week ago
Why Light & Wonder (LNW) is a Top Growth Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Neutral
Business Wire
2 weeks ago
Light & Wonder Provides Update on Dragon Train Litigation
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries, “we,” “Light & Wonder,” “L&W” or the “Company”) today provided an update regarding its ongoing litigation with Aristocrat in the U.S. District Court of Nevada. On March 14, 2025, Aristocrat filed a second amended complaint with the District Court of Nevada, adding a trade secret misappropriation claim against Jewel of the Dragon. The initial claims concerning Jewel of the Dragon d.
Neutral
Business Wire
2 weeks ago
Light & Wonder to Host Litigation Update Call on Wednesday, April 2, 2025
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today it will host an update call regarding the Dragon Train litigation on Wednesday, April 2, 2025, after market close. The investor conference call and simultaneous webcast will be hosted at 4:30 p.m. U.S. Eastern Time. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Litiga.
Positive
Zacks Investment Research
2 weeks ago
Why Light & Wonder (LNW) is a Top Value Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Positive
Seeking Alpha
2 weeks ago
Light & Wonder: A Bargain At First Glance, But Trades Above Peers After 10% Drop
Light & Wonder successfully turned around by selling lottery and sports betting divisions, reducing debt, and focusing on digital gaming, resulting in a 900% stock price increase. Post-restructuring, Light & Wonder's margins improved significantly, with gross margins jumping from 60% to 70% and EBIT margins from the early teens to the low twenties. Despite strong fundamentals and growth, Light & Wonder appears slightly overvalued compared to industry peers, suggesting a 'Hold' rating with a price target of $85.
Positive
Zacks Investment Research
3 weeks ago
Here's Why Light & Wonder (LNW) is a Strong Momentum Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
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