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LNWO Stock Chart & Stats
$92.50
-$0.44(-0.58%)
At close: 4:00 PM EDT
$92.50
-$0.44(-0.58%)
Day’s Range― - ―
52-Week Range$70.00 - $122.65
Previous CloseN/A
Volume2.96K
Average Volume (3M)19.30K
Market Cap
$6.25B
Enterprise Value$11.01B
Total Cash (Recent Filing)$148.00M
Total Debt (Recent Filing)$5.16B
Price to Earnings (P/E)23.9
Beta1.08
Next Earnings
Nov 04, 2026EPS Estimate
1.9Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.40
Shares Outstanding77,049,180
10 Day Avg. Volume14,359
30 Day Avg. Volume19,300
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 Cap1.76
Enterprise Value/Revenue3.29
Enterprise Value/Gross Profit4.84
Enterprise Value/Ebitda9.82
Forecast
1Y Price Target
$127.00Price Target Upside37.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)7.65
Revenue Forecast (FY)$3.39B
Bulls Say, Bears Say
Bulls Say
Recurring Revenue MixA growing recurring-revenue base makes performance less dependent on individual hardware sales and contract timing. With recurring sources representing about 70% of quarterly revenue, Light & Wonder has greater revenue visibility, supports margin durability, and can compound value from its installed content and systems base.
Strong Cash Generation And MarginsStrong operating and EBITDA margins indicate that Light & Wonder’s content, systems, and services generate substantial operating profit. Healthy operating and free cash flow provide internal funding for product investment, debt reduction, and shareholder returns, improving resilience across the next several quarters.
Gaming Segment MomentumGrowth in gaming EBITDA, installed units, and operations revenue shows continued demand for Light & Wonder’s casino content and technology. A larger installed base can expand recurring participation revenue and create more opportunities to monetize new titles, supporting durable competitive positioning with casino operators.
Bears Say
SciPlay Revenue PressureSciPlay’s declining revenue and EBITDA expose a weakness in the digital portfolio, particularly where user metrics and acquisition economics are pressured by competition. Continued industry softness could restrain consolidated growth and require disciplined investment before this segment contributes more consistently.
Leverage Remains Above TargetLeverage above target limits financial flexibility and leaves more operating cash committed to interest and debt management. Although management has a deleveraging plan, the current burden can constrain acquisitions, investment, and shareholder returns if earnings or cash conversion weaken.
U.K. IGaming Tax HeadwindHigher U.K. iGaming taxes represent a structural regulatory cost rather than a temporary demand fluctuation. They can reduce economics on affected activity, pressure segment growth, and require pricing, product, or capital-allocation responses to preserve returns in an important digital market.
Light & Wonder News
LNWO FAQ
What was Light & Wonder’s price range in the past 12 months?
Light & Wonder lowest stock price was $70.00 and its highest was $122.65 in the past 12 months.
What is Light & Wonder’s market cap?
Light & Wonder’s market cap is $6.25B.
When is Light & Wonder’s upcoming earnings report date?
Light & Wonder’s upcoming earnings report date is Nov 04, 2026 which is in 23 days.
How were Light & Wonder’s earnings last quarter?
Light & Wonder released its earnings results on Aug 04, 2026. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.747 by $0.243.
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 1.9.
How many shares outstanding does Light & Wonder have?
Light & Wonder has 77,049,180 shares outstanding.
What happened to Light & Wonder’s price movement after its last earnings report?
Light & Wonder reported an EPS of $1.99 in its last earnings report, beating expectations of $1.747. Following the earnings report the stock price went up 2.317%.
Which hedge fund is a major shareholder of Light & Wonder?
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$127.00 (37.30% Upside)
$127.00 (37.30% Upside)
Blogger Sentiment
Bullish
LNWO Sentiment 100%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Decreased
By 418.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $496.9K 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
1.18%
12-Months-Change
Fundamentals
Return on Equity
68.56%
Trailing 12-Months
Asset Growth
-1.94%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Light & Wonder
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
$127.00
▲(37.30% Upside)
Technical Analysis
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Ownership Overview
10.84% Insiders
0.93% Mutual Funds
<0.01% Other Institutional Investors
84.45% Public Companies and
Individual Investors