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International Game Technology ( (IGT) ) has shared an update.
On June 17, 2025, International Game Technology PLC announced its global lottery organization will operate under the new name Brightstar Lottery, following the anticipated sale of its Gaming and Digital business to Voyager Parent, LLC. This strategic move positions Brightstar as a premier pure play lottery business, focusing on innovation and growth in the lottery sector. The company’s shares will trade under the new ticker symbol BRSL on the NYSE starting July 2, 2025. The rebranding aims to enhance the company’s leadership in the lottery industry, supporting its customers and communities through responsible and sustainable solutions.
The most recent analyst rating on (IGT) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on International Game Technology stock, see the IGT Stock Forecast page.
Spark’s Take on IGT Stock
According to Spark, TipRanks’ AI Analyst, IGT is a Neutral.
International Game Technology demonstrates strengths in operational efficiency and cash flow generation. However, declining revenues and high leverage present notable risks. The technical indicators suggest a lack of strong momentum, while the stock’s valuation and dividend yield offer a positive view for investors. The earnings call highlights both opportunities and challenges, with macroeconomic uncertainties impacting the outlook.
To see Spark’s full report on IGT stock, click here.
More about International Game Technology
International Game Technology PLC, now rebranded as Brightstar Lottery, is a global leader in the lottery industry. The company provides technology and services to nearly 90 lottery customers across six continents, including 26 of the 46 lottery jurisdictions in the U.S. and seven of the world’s ten largest lotteries. It offers a range of services including lottery operations, retail and digital solutions, and instant ticket services.
Average Trading Volume: 1,817,162
Technical Sentiment Signal: Sell
Current Market Cap: $3.05B
For detailed information about IGT stock, go to TipRanks’ Stock Analysis page.