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Light & Wonder (LNW)
NASDAQ:LNW
LNW Stock Chart & Stats
$89.09
-$0.20(-0.23%)
At close: 4:00 PM EST
$89.09
-$0.20(-0.23%)
Day’s Range― - ―
52-Week Range$69.56 - $113.95
Previous CloseN/A
Volume234.18K
Average Volume (3M)1.30M
Market Cap
$6.57B
Enterprise Value$11.80B
Total Cash (Recent Filing)$324.00M
Total Debt (Recent Filing)$4.99B
Price to Earnings (P/E)19.4
Beta1.10
Next Earnings
Mar 03, 2026EPS Estimate
1.71Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.34
Shares Outstanding81,523,880
10 Day Avg. Volume2,014,647
30 Day Avg. Volume1,302,506
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)12.09
Price to Sales (P/S)2.41
P/FCF Ratio22.75
Enterprise Value/Market Cap1.80
Enterprise Value/Revenue3.66
Enterprise Value/Gross Profit6.87
Enterprise Value/Ebitda12.10
Forecast
1Y Price Target
$104.77Price Target Upside17.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Financial TargetManagement introduced a 2028 financial target of $2.0B in adjusted EBITDA compared to the current target of $1.4B for 2025, representing a CAGR of 12.6%.
Market ExpansionThe acquisition of Grover Gaming provides entry into an adjacent market that plays to its content strengths and is expected to increase market share.
ValuationShares currently trade at a P/E multiple of 13.9x, a discount to the peer average of 17.5x.
Bears Say
Revenue MissRevenue missed expectations due to timing shifts of international orders, including delays in Canadian and Asian shipments.
Sales DeclineGaming revenue was primarily driven by decreases in Gaming machine sales of 16% and Gaming systems of 11%, reflecting cautious purchasing behavior due to global macro uncertainty.
Tariff ImpactThe company is expected to face margin impacts from tariffs starting in the fourth quarter.
Light & Wonder News
LNW FAQ
What was Light & Wonder’s price range in the past 12 months?
Light & Wonder lowest stock price was $69.56 and its highest was $113.94 in the past 12 months.
What is Light & Wonder’s market cap?
Light & Wonder’s market cap is $6.57B.
When is Light & Wonder’s upcoming earnings report date?
Light & Wonder’s upcoming earnings report date is Mar 03, 2026 which is in 111 days.
How were Light & Wonder’s earnings last quarter?
Light & Wonder released its earnings results on Nov 05, 2025. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.314 by $0.026.
Is Light & Wonder overvalued?
According to Wall Street analysts Light & Wonder’s price is currently Undervalued.
Does Light & Wonder pay dividends?
Light & Wonder does not currently pay dividends.
What is Light & Wonder’s EPS estimate?
Light & Wonder’s EPS estimate is 1.71.
How many shares outstanding does Light & Wonder have?
Light & Wonder has 81,523,880 shares outstanding.
What happened to Light & Wonder’s price movement after its last earnings report?
Light & Wonder reported an EPS of $1.34 in its last earnings report, beating expectations of $1.314. Following the earnings report the stock price went up 8.539%.
Which hedge fund is a major shareholder of Light & Wonder?
Currently, no hedge funds are holding shares in LNW
Light & Wonder Stock Smart Score
Neutral
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5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$104.77 (17.60% Upside)
$104.77 (17.60% Upside)
Blogger Sentiment
Neutral
LNW Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.3%
Last 30 Days ▲ 11.7%
Last 30 Days ▲ 11.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.41%
12-Months-Change
Fundamentals
Return on Equity
50.47%
Trailing 12-Months
Asset Growth
16.32%
Trailing 12-Months
Company Description
Light & Wonder
Light & Wonder, Inc. develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally. The company's Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to proprietary table games. It also supplies game content, gaming machines; provides table game products and services to licensed gaming entities; and installs and supports casino management systems, such as ongoing hardware and software maintenance and upgrade services of customer casino management systems. The company's SciPlay segment develops and publishes digital games on mobile and web platforms. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. Its iGaming segment provides a suite of digital gaming content, including digital real-money gaming, distribution platforms, content, products, and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. The company also offers software design, development, licensing, maintenance, support services, and technology solutions. Light & Wonder, Inc. was incorporated in 1984 and is based in Las Vegas, Nevada.
LNW Company Deck
LNW Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call showcased strong revenue and EBITDA growth, successful gaming operations, and impressive iGaming performance. However, challenges in international markets, tariff impacts, and issues with specific SciPlay games were noted. The highlights outweigh the lowlights, showcasing a strong overall performance.View all LNW earnings summariesLNW Stock 12 Month Forecast
Average Price Target
$104.77
▲(17.60% Upside)
Technical Analysis
Boyd Gaming
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Melco Resorts & Entertainment
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MGM Resorts
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Wynn Resorts
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Caesars Entertainment
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Ownership Overview
0.60% Insiders
17.82% Mutual Funds
0.05% Other Institutional Investors
60.03% Public Companies and Individual Investors