Light & Wonder

LNW

Market cap $7.45B

Overview Fund Activity

88.69 USD

-1.74

1.92%

At close Updated Sep 16, 4:00 PM EDT

Pre-market

After hours

88.69

0.00

0%

1 day

-1.92%

5 days

0.57%

1 month

0.56%

3 months

5.31%

6 months

-15.3%

Year to date

3.9%

1 year

-19.97%

5 years

187.02%

10 years

633.58%

About: Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about one fourth of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.

Employees: 6,800

Consumer Discretionary Gambling

0

Funds holding %

of 7,463 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

40% more call options, than puts

Call options by funds: $35M | Put options by funds: $25.1M

29% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 9 (+2) [Q2]

6% more capital invested

Capital invested by funds: $5.05B [Q1] → $5.33B (+$281M) [Q2]

6% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 47

0% more funds holding

Funds holding: 279 [Q1] → 280 (+1) [Q2]

3.4% less ownership

Funds ownership: 68.98% [Q1] → 65.59% (-3.4%) [Q2]

22% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 114

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$90

1% upside

Avg. target

$108

22% upside

High target

$130

47% upside

4 analyst ratings

3 positive

75%

1 neutral

25%

0 negative

0%

Benchmark Mike Hickey	$90	Buy Maintained	8 Aug 2025
Macquarie Chad Beynon	$117	Outperform Maintained	7 Aug 2025
JP Morgan Don Carducci	$95	Neutral Downgraded	7 Aug 2025
Truist Securities Barry Jonas	$130	Buy Maintained	16 Jul 2025

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about LNW published over the past 30 days

Light & Wonder, Inc. Announces Pricing of $1 Billion of Senior Unsecured Notes

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”) today announced that its wholly owned subsidiary, Light and Wonder International, Inc. (“LNWI”), has priced $1 billion in aggregate principal amount of 6.250% senior unsecured notes due 2033 (the “Notes”), at an issue price of 100.000%, in a previously announced private offering. LNWI intends to use the net proceeds of this offering (i) to repay all outstanding borrowings under its.

Light & Wonder, Inc. Announces Pricing of $1 Billion of Senior Unsecured Notes

Light & Wonder, Inc. Announces Proposed Private Offering of $1 Billion of Senior Unsecured Notes

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”) today announced that its wholly owned subsidiary, Light and Wonder International, Inc. (“LNWI”), intends, subject to market and other conditions, to offer $1 billion in aggregate principal amount of senior unsecured notes due 2033 (the “Notes”) in a private offering. LNWI intends to use the net proceeds of this offering (i) to repay all outstanding borrowings under its revolving cr.

Light & Wonder, Inc. Announces Proposed Private Offering of $1 Billion of Senior Unsecured Notes

Zacks Investment Research

Here's Why Light & Wonder (LNW) is a Strong Value Stock

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Here's Why Light & Wonder (LNW) is a Strong Value Stock

Zacks Investment Research

Why Light & Wonder (LNW) is a Top Value Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Light & Wonder (LNW) is a Top Value Stock for the Long-Term

Zacks Investment Research

LNW vs. TTWO: Which Stock Is the Better Value Option?

Investors interested in stocks from the Gaming sector have probably already heard of Light & Wonder (LNW) and Take-Two Interactive (TTWO). But which of these two stocks presents investors with the better value opportunity right now?

LNW vs. TTWO: Which Stock Is the Better Value Option?

Zacks Investment Research

Light & Wonder Q2 Earnings Beat Estimates Despite Lower Revenues

LNW beats second-quarter earnings estimate with stronger margins, despite lower revenues and mixed segment results.

Light & Wonder Q2 Earnings Beat Estimates Despite Lower Revenues

Light & Wonder, Inc. (LNW) Q2 2025 Earnings Call Transcript

Light & Wonder, Inc. (NASDAQ:LNW ) Q2 2025 Earnings Conference Call August 6, 2025 4:30 PM ET Company Participants Matthew R. Wilson - CEO, President & Director Nick Zangari - Senior Vice President of Investor Relations Oliver Chow - Executive VP, CFO & Treasurer Conference Call Participants Adrian Lemme - Citigroup Inc., Research Division Andre Peter Fromyhr - UBS Investment Bank, Research Division Barry Jonathan Jonas - Truist Securities, Inc., Research Division David Fabris - Macquarie Research David Brian Katz - Jefferies LLC, Research Division Justin Barratt - CLSA Limited, Research Division Matthew H.

Light & Wonder, Inc. (LNW) Q2 2025 Earnings Call Transcript

Zacks Investment Research

Light & Wonder (LNW) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Light & Wonder (LNW) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Light & Wonder (LNW) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

Light & Wonder (LNW) Q2 Earnings Surpass Estimates

Light & Wonder (LNW) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.42 per share a year ago.

Light & Wonder (LNW) Q2 Earnings Surpass Estimates

The Motley Fool

Light & Wonder (LNW) Q2 EPS Jumps 15%

Light & Wonder (LNW) Q2 EPS Jumps 15%

Light & Wonder (LNW) Q2 EPS Jumps 15%

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