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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)25.61K
Market Cap
$5.85B
Enterprise Value$6.49B
Total Cash (Recent Filing)$249.00M
Total Debt (Recent Filing)$5.19B
Price to Earnings (P/E)26.3
Beta1.05
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. Volume26,437
30 Day Avg. Volume25,605
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 Cap1.11
Enterprise Value/Revenue1.95
Enterprise Value/Gross Profit2.89
Enterprise Value/Ebitda6.04
Forecast
1Y Price Target
$131.08Price Target Upside48.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)5.35
Revenue Forecast (FY)$3.48B
Bulls Say, Bears Say
Bulls Say
Diversified Recurring Revenue ModelLight & Wonder sells hardware and services to casinos while also licensing iGaming content and operating SciPlay social games. This mix of sales, leases, revenue-share and in-app monetization provides multiple recurring revenue streams, reducing reliance on any single market and improving resilience across cycles.
Strong Revenue Momentum And Operating MarginsA sharp TTM revenue increase combined with healthy operating and EBITDA margins indicates scalable economics: revenue growth is translating into sustained operating profitability. Durable margins at the operating level support reinvestment, platform scale and competitive product development over the medium term.
Healthy Free Cash Flow GenerationConsistent positive operating and free cash flow provides the company financial flexibility to pay down debt, invest in content and platforms, or pursue strategic M&A. Reliable cash generation underpins long-term operations and reduces dependence on external financing when maintained.
Bears Say
Balance-sheet Leverage VolatilityHistorical annual filings show very high leverage while TTM shows dramatic deleveraging. Such swings create uncertainty about the sustainability of capital structure improvements, increase refinancing and covenant risk during stressed periods, and make credit profile assessment less certain for the medium term.
Net Margin And Earnings Quality VolatilityOperating margins are solid but net margin and bottom-line metrics have fluctuated, with apparent one-offs in 2022. This variability weakens predictability of net earnings and complicates capital allocation decisions, as recurring profitability may be lower than headline figures suggest.
SciPlay Monetization SensitivitySciPlay’s social casino revenues rely on user engagement, conversion rates and ad yields, which can shift with platform policy, user trends, or competitive entries. This makes a material portion of revenue sensitive to engagement dynamics and marketing spend, increasing medium-term revenue volatility.
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 $5.85B.
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 22 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:
$131.08 (48.53% Upside)
$131.08 (48.53% Upside)
Blogger Sentiment
Neutral
LNWO Sentiment 50%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 418.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 5.9%
Last 30 Days ▼ 8.5%
Last 30 Days ▼ 8.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.23%
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
All Analysts
Top Analysts
Average Price Target
$131.08
▲(48.53% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
10.58% Insiders
0.91% Mutual Funds
<0.01% Other Institutional Investors
84.80% Public Companies and
Individual Investors




