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LNWO Stock Chart & Stats
$74.47
-$0.44(-0.58%)
At close: 4:00 PM EDT
$74.47
-$0.44(-0.58%)
Day’s Range― - ―
52-Week Range$70.00 - $122.65
Previous CloseN/A
Volume2.96K
Average Volume (3M)23.45K
Market Cap
$7.06B
Enterprise Value$11.01K
Total Cash (Recent Filing)$148.00M
Total Debt (Recent Filing)$5.16B
Price to Earnings (P/E)26.9
Beta1.07
Next Earnings
Nov 03, 2026EPS Estimate
1.55Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.40
Shares Outstanding77,049,180
10 Day Avg. Volume14,107
30 Day Avg. Volume23,451
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$125.25Price Target Upside68.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)5.44
Revenue Forecast (FY)$3.39B
Bulls Say, Bears Say
Bulls Say
Strong Operating MarginsSustained high gross and EBITDA margins indicate durable structural advantages—highly profitable product mix (software/content, participation/leased units) and strong flow‑through. That margin base supports reinvestment, buybacks and resilience through cycle changes over months.
Robust Cash GenerationConsistent, sizable operating cash flow and strong free cash flow growth materially improve financial flexibility. Durable cash generation funds R&D+capex, deleveraging and shareholder returns while reducing reliance on external funding across the 2–6 month horizon.
High Recurring Revenue MixA ~70% recurring revenue mix (leasing/participation, licensing/revenue-share, in‑app monetization) increases revenue predictability and margin stability. This structural shift supports sustained EBITDA conversion and smoother cash flows versus reliance on cyclical machine sales.
Bears Say
SciPlay Revenue WeaknessA persistent decline in SciPlay revenue, driven by social‑casino softness and UA economics pressure, undermines a core consumer channel. If sweepstakes competition and higher CPI‑driven install costs persist, SciPlay monetization and growth may remain constrained over coming quarters.
Leverage Volatility Above TargetLeverage remains elevated versus the company's target and historical figures show wide swings, exposing refinancing, interest expense and covenant risk. Durable de‑risking depends on continued cash generation and discipline; volatility heightens downside risk during tougher quarters.
Modest Top-line Growth & Lumpy Sales TimingLow single‑digit consolidated growth coupled with timing‑driven game/system shipments (management cites H2 weighting and deferrals) makes revenue lumpy. This reduces near‑term predictability and can obscure demand trends, complicating capacity, investment and guidance visibility over months.
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 $70.00 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 $7.06B.
When is Light & Wonder Inc.’s upcoming earnings report date?
Light & Wonder Inc.’s upcoming earnings report date is Nov 03, 2026 which is in 69 days.
How were Light & Wonder Inc.’s earnings last quarter?
Light & Wonder Inc. released its earnings results on Aug 04, 2026. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.241 by $0.289.
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 1.55.
How many shares outstanding does Light & Wonder Inc. have?
Light & Wonder Inc. has 77,049,180 shares outstanding.
What happened to Light & Wonder Inc.’s price movement after its last earnings report?
Light & Wonder Inc. reported an EPS of $1.53 in its last earnings report, beating expectations of $1.241. Following the earnings report the stock price went up 2.317%.
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
Strong Buy
Average Price Target:
$125.25 (68.19% Upside)
$125.25 (68.19% Upside)
Blogger Sentiment
Bullish
LNWO Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 418.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $166.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.65%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-1.94%
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: strong margin expansion, robust cash flow growth and improving recurring revenue mix supported significant earnings and per-share growth. Core gaming and iGaming segments showed clear momentum and Grover is scaling post-acquisition. Notable weaknesses include SciPlay revenue decline and industry-driven UA headwinds, modest overall revenue growth (2% YoY), and leverage that remains above management targets. Management has a clear deleveraging plan, expects H2 weighted sales and reiterated mid- to high single-digit consolidated AEBITDA growth for 2026. On balance, the highlights substantially outweigh the lowlights given sizable margin, cash flow and profitability improvements alongside a credible balance-sheet strategy.View all LNWO earnings summariesLNWO Stock 12 Month Forecast
Average Price Target
$125.25
▲(68.19% 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
10.94% Insiders
0.93% Mutual Funds
<0.01% Other Institutional Investors
84.35% Public Companies and
Individual Investors