International Game Technology Reports Q1 2025 Results Amid Revenue Decline

An announcement from International Game Technology ( (IGT) ) is now available.

On May 13, 2025, International Game Technology PLC reported its financial results for the first quarter ending March 31, 2025. The company experienced a decline in revenue to $583 million from $661 million in the previous year, attributed to lower U.S. multi-state jackpot activity and unfavorable foreign exchange impacts. Despite these challenges, IGT maintained a strong cash position with $631 million in cash and cash equivalents and declared a quarterly dividend of $0.20 per share. The company remains focused on long-term growth initiatives and is positioned to manage its financial obligations effectively.

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 Outperform.

International Game Technology scores well due to its strong cash flow and strategic moves, like the sale of its gaming and digital business, which strengthens its financial position. However, the stock faces challenges with high leverage and upcoming capital expenditures. Technical indicators suggest caution, but its low valuation and high dividend yield offer potential upside for long-term investors.

To see Spark’s full report on IGT stock, click here.

More about International Game Technology

International Game Technology PLC (IGT) is a prominent player in the gaming industry, primarily focusing on lottery systems, instant tickets, and draw games. The company is known for its innovative game solutions and has a significant market presence in both the U.S. and international markets.

Average Trading Volume: 1,402,477

Technical Sentiment Signal: Sell

Current Market Cap: $3.61B

For detailed information about IGT stock, go to TipRanks’ Stock Analysis page.