Light & Wonder Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Light & Wonder stock has a consensus rating of "Buy" and an average price target of $121.78. The average 1-year stock price forecast is 55.13% higher than the current stock price, while the lowest is $107.99 (+37.57%) and the highest is $144 (+83.44%).

Price Target: $121.78 (+55.13%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$107.99	$121.78	$110	$144
Change	+37.57%	+55.13%	+40.13%	+83.44%

* Price targets were last updated on Jun 12, 2026.

Analyst Ratings

The average analyst rating for Light & Wonder stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	6	6	6	5	4	4
Buy	3	3	3	3	3	3
Hold	3	2	3	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	1	0	0	0	0	0
Total	13	11	12	9	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Wilson CFA RBC Capital	RBC Capital	Buy Maintains $118	Buy	Maintains	$118	+50.68%	Jun 12, 2026
Tom Forte Maxim Group	Maxim Group	Buy Maintains $144	Buy	Maintains	$144	+83.44%	May 12, 2026

Financial Forecast

Revenue This Year

3.48B

from 3.31B

4.89%

from 3.31B

Revenue Next Year

3.71B

from 3.48B

6.76%

from 3.48B

EPS This Year

7.85

from 6.69

17.34%

from 6.69

EPS Next Year

9.31

from 7.85

18.57%

from 7.85

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.15B	2.51B	2.90B	3.19B	3.31B	3.48B
Revenue Growth	26.72%	16.67%	15.53%	9.86%	3.95%	4.89%
Gross Profit	1.54B	1.77B	2.03B	2.26B	2.43B	2.34B
Gross Margin	71.71%	70.62%	69.95%	70.80%	73.30%	67.43%
Operating Income	277.00M	419.00M	605.00M	762.00M	902.00M	890.67M
Net Income	371.00M	3.68B	163.00M	336.00M	276.00M	423.33M
EPS	-	-	-	-	6.69	7.85
EPS Growth	-	-	-	-	81.79%	17.34%
Forward PE	-	-	-	-	-	10.00
Free Cash Flow	459.38M	367.50M	409.00M	410.13M	491.50M	461.49M
No. Analysts	-	-	-	-	-	23

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	3.6B
Avg	3.5B
Low	3.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	9.9%
Avg	4.9%
Low	2.8%

EPS Forecast

EPS	2026	2027	2028
High	8.08
Avg	7.85
Low	7.60

EPS Growth

EPS Growth	2026	2027	2028
High	20.8%
Avg	17.3%
Low	13.6%