Light & Wonder (LNW)

• Market cap: $8.39B
• 1 day: -5.81%
• 5 days: -3.07%
• 1 month: -10.20%
• 3 months: 15.49%
• 6 months: 7.56%
• Year to date: 16.40%
• 1 year: -4.44%
• 5 years: 1,091.37%
• 10 years: 894.59%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

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]

1.42% less ownership

Funds ownership: 69.04% [Q3] → 67.61% (-1.42%) [Q4]

7% less capital invested

Capital invested by funds: $5.56B [Q3] → $5.18B (-$379M) [Q4]

9% less funds holding

Funds holding: 286 [Q3] → 259 (-27) [Q4]

43% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 54

48% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 126

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $80 19% downside
• Avg. target: $112 12% upside
• High target: $130 31% upside

6 analyst ratings

• positive: 4 67%
• neutral: 1 17%
• negative: 1 17%

Benchmark Mike Hickey 63% 1-year accuracy 59 / 94 met price target	31% upside $130	Buy Maintained	28 Feb 2025
JP Morgan Don Carducci 50% 1-year accuracy 1 / 2 met price target	11% upside $110	Overweight Maintained	26 Feb 2025
Mizuho Ben Chaiken 32% 1-year accuracy 18 / 57 met price target	19% downside $80	Underperform Maintained	26 Feb 2025
Macquarie Chad Beynon 36% 1-year accuracy 18 / 50 met price target	26% upside $125	Outperform Maintained	26 Feb 2025
Stifel Jeffrey Stantial 30% 1-year accuracy 7 / 23 met price target	5% upside $104	Hold Maintained	19 Feb 2025