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 6,823 funds
–
Analysts bullish %
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
33% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 45
4% more funds holding
Funds holding: 275 [Q2] → 285 (+10) [Q3]
8.38% less ownership
Funds ownership: 77.43% [Q2] → 69.05% (-8.38%) [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: $7.32B [Q2] → $5.56B (-$1.76B) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$115
28%
upside
Avg. target
$118
31%
upside
High target
$121
34%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Jefferies David Katz 50% 1-year accuracy 11 / 22 met price target | 34%upside $121 | Buy Maintained | 15 Jan 2025 |
Truist Securities Barry Jonas 61% 1-year accuracy 22 / 36 met price target | 28%upside $115 | Buy Maintained | 23 Oct 2024 |
Financial journalist opinion
Based on 24 articles about LNW published over the past 30 days
Neutral
GlobeNewsWire
8 hours 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, Jan. 20, 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
Accesswire
1 day ago
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK, NY / ACCESS Newswire / January 19, 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
Accesswire
2 days ago
ROSEN, A RANKED AND LEADING FIRM, Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation – LNW
NEW YORK, NY / ACCESS Newswire / January 18, 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
2 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, Jan. 17, 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
3 days ago
Rosen Law Firm Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation - LNW
NEW YORK , Jan. 16, 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
Seeking Alpha
6 days ago
Light & Wonder: Buy On The Dip Story Is Now Even More Compelling At $85
LNW is oversold, with segments all showing increases. Momentum slowing is real but a poor metric for some stocks. We remain bullish because the new business model is sound.
Neutral
Accesswire
6 days ago
ROSEN, LEADING INVESTOR COUNSEL, Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation – LNW
NEW YORK, NY / ACCESSWIRE / January 14, 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
6 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, Jan. 13, 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
Business Wire
1 week ago
Light & Wonder to Report Fourth Quarter and Full Year 2024 Results on Tuesday, February 25, 2025
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today it will release its financial results for the fourth quarter and year ended December 31, 2024, on Tuesday, February 25, 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 t.
Neutral
Accesswire
1 week ago
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Light & Wonder, Inc. Investors to Inquire About Securities Class Action Investigation – LNW
NEW YORK CITY, NY / ACCESSWIRE / January 12, 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.
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