Light & Wonder Inc. (LNWO)
OTHER OTC:LNWO
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LNWO Stock Chart & Stats
$88.25
-$0.20(-0.23%)
At close: 4:00 PM EST
$88.25
-$0.20(-0.23%)
Day’s Range― - ―
52-Week Range$69.56 - $122.65
Previous CloseN/A
VolumeN/A
Average Volume (3M)31.23K
Market Cap
$7.22B
Enterprise Value$6.49B
Total Cash (Recent Filing)$249.00M
Total Debt (Recent Filing)$5.19B
Price to Earnings (P/E)26.3
Beta1.00
Next Earnings
Aug 04, 2026EPS Estimate
1.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.98
Shares Outstanding78,661,760
10 Day Avg. Volume29,437
30 Day Avg. Volume31,231
Financial Highlights & Ratios
PEG Ratio-2.60
Price to Book (P/B)34.92
Price to Sales (P/S)2.58
P/FCF Ratio17.68
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue1.95
Enterprise Value/Gross Profit2.89
Enterprise Value/Ebitda6.04
Forecast
1Y Price Target
$131.57Price Target Upside49.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)5.36
Revenue Forecast (FY)$3.49B
Bulls Say, Bears Say
Bulls Say
Strong Revenue MomentumA 48.3% TTM revenue surge indicates durable top-line expansion across land-based, iGaming and SciPlay channels. Broad segment exposure and recurring monetization (leases, rev-share, in‑app spend) support sustainable growth and scale benefits over the next 2–6 months.
High Operating MarginsOperating and EBITDA margins at these levels point to structural profitability and pricing leverage in both product and digital offerings. Sustained margins provide internal funding for product development and marketing, supporting competitive position and cash flow durability.
Consistent Cash GenerationStrong operating cash and positive free cash flow provide financial flexibility to reduce debt, invest in content/platforms, and fund SciPlay user acquisition. Durable cash conversion underpins capital allocation and resilience through gaming industry cycles.
Bears Say
Leverage History & VolatilityHistoric extreme leverage followed by a sharp TTM deleveraging creates uncertainty about balance-sheet durability. Large swings raise refinancing and covenant risk, complicate credit assessment, and make long-term cash allocation and resilience harder to underwrite.
Net Margin / Earnings QualityModest and uneven net margins plus a non-recurring 2022 spike indicate bottom-line volatility and limited predictability of EPS. Reliance on one-offs or timing items reduces clarity on sustainable profitability and complicates forecasts of shareholder returns.
Cyclicality Of Hardware SalesExposure to lumpy land-based machine sales and casino capex cycles can make revenue and cash flow volatile despite recurring leasing and digital revenue. This structural cyclicality raises operating cadence risk and planning uncertainty for 2–6 month horizons.
Light & Wonder News
LNWO FAQ
What was Light & Wonder Inc.’s price range in the past 12 months?
Light & Wonder Inc. lowest stock price was $69.56 and its highest was $122.65 in the past 12 months.
What is Light & Wonder Inc.’s market cap?
Light & Wonder Inc.’s market cap is $7.22B.
When is Light & Wonder Inc.’s upcoming earnings report date?
Light & Wonder Inc.’s upcoming earnings report date is Aug 04, 2026 which is in 45 days.
How were Light & Wonder Inc.’s earnings last quarter?
Light & Wonder Inc. released its earnings results on May 06, 2026. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $1.023 by -$0.363.
Is Light & Wonder Inc. overvalued?
According to Wall Street analysts Light & Wonder Inc.’s price is currently Undervalued.
Does Light & Wonder Inc. pay dividends?
Light & Wonder Inc. does not currently pay dividends.
What is Light & Wonder Inc.’s EPS estimate?
Light & Wonder Inc.’s EPS estimate is 1.29.
How many shares outstanding does Light & Wonder Inc. have?
Light & Wonder Inc. has 78,661,760 shares outstanding.
What happened to Light & Wonder Inc.’s price movement after its last earnings report?
Light & Wonder Inc. reported an EPS of $0.66 in its last earnings report, missing expectations of $1.023. Following the earnings report the stock price went down -8.948%.
Which hedge fund is a major shareholder of Light & Wonder Inc.?
Currently, no hedge funds are holding shares in LNWO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Light & Wonder Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$131.57 (49.09% Upside)
$131.57 (49.09% Upside)
Blogger Sentiment
Bearish
LNWO Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 418.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.32%
12-Months-Change
Fundamentals
Return on Equity
49.67%
Trailing 12-Months
Asset Growth
16.68%
Trailing 12-Months
Company Description
Light & Wonder Inc.
Light & Wonder, Inc. is a global entertainment technology company, delivering gaming experiences across multiple platforms in the U.S. and worldwide. Its operations are structured into three main divisions: Gaming, SciPlay, and iGaming. The Gaming division supplies a comprehensive range of products and services for land-based casinos, including the sale and leasing of game content, gaming machines (such as video gaming terminals and video lottery terminals, along with their accessories), and various table game equipment like automatic card shufflers and chip sorters. This segment also provides server-based systems, casino-management software and hardware, and licenses its exclusive table game content to commercial, tribal, and governmental gaming establishments. The SciPlay segment focuses on the development, marketing, and operation of social games accessible through diverse online platforms, where players can purchase virtual currency—such as coins, chips, or bingo cards—to engage with a variety of slot, table, and bingo games. The iGaming segment delivers a full spectrum of digital gaming solutions, encompassing content, distribution platforms, player account management systems, and related services, notably offering its Open Platform System which equips operators with essential reporting and administrative functionalities to manage their digital gaming operations effectively. Established in 1984, Light & Wonder, Inc. maintains its corporate headquarters in Las Vegas, Nevada.
LNWO Company Deck
LNWO Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a predominately positive operational and financial picture: record and recurring revenue growth, strong consolidated AEBITDA and margin expansion, robust cash flow generation, accelerated unit shipments and scaling of the Grover acquisition, plus strategic investments (AI, R&D) and substantial shareholder returns. Material one-time charges (legal settlement, ASX transition costs, contingent acquisition adjustments) and some operational challenges (SciPlay/Jackpot Party, systems/tables timing, UK tax change, tariff impacts) weighed on GAAP profitability and created near-term noise. On balance, the business demonstrated durable recurring revenue momentum, margin sustainability, and a clear plan to delever and pursue growth, with the negatives appearing largely one-time or addressable.View all LNWO earnings summariesLNWO Stock 12 Month Forecast
Average Price Target
$131.57
▲(49.09% 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
10.58% Insiders
1.26% Mutual Funds
<0.01% Other Institutional Investors
84.45% Public Companies and
Individual Investors