Light & Wonder, Inc. (LNW)

NASDAQ: LNW · IEX Real-Time Price · USD
87.19
-0.87 (-0.99%)
Apr 19, 2024, 4:00 PM EDT - Market closed
-0.99%
Market Cap 7.83B
Revenue (ttm) 2.90B
Net Income (ttm) 163.00M
Shares Out 89.83M
EPS (ttm) 1.75
PE Ratio 49.57
Forward PE 23.34
Dividend n/a
Ex-Dividend Date n/a
Volume 558,117
Open 87.64
Previous Close 88.06
Day's Range 86.09 - 88.62
52-Week Range 56.01 - 108.90
Beta 1.78
Analysts Buy
Price Target 99.10 (+13.66%)
Earnings Date May 8, 2024

About LNW

Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. The company operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals; video lottery terminals, including conversion kits and spare parts; and table products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment. It also leases or provides gaming content, gaming machines, and se... [Read more]

Industry Gambling
Founded 1984
Employees 6,500
Stock Exchange NASDAQ
Ticker Symbol LNW
Full Company Profile

Financial Performance

In 2023, Light & Wonder's revenue was $2.90 billion, an increase of 15.53% compared to the previous year's $2.51 billion. Earnings were $163.00 million, a decrease of -95.56%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for LNW stock is "Buy." The 12-month stock price forecast is $99.1, which is an increase of 13.66% from the latest price.

Price Target
$99.1
(13.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Light & Wonder Taps Trustly to Power Cashless Payments at Casinos

SAN CARLOS, Calif.--(BUSINESS WIRE)-- #instantdeposits--Light & Wonder and Trustly will bring cashless, in-person deposits to casino floors through Open Banking Payments technology for in-person gamin...

9 days ago - Business Wire

Light & Wonder to Report First Quarter 2024 Results on Wednesday, May 8, 2024

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ: LNW) (ASX: LNW) (“Light & Wonder” or the “Company”) announced today it will release its financial results for the first quarter of 2024, on We...

15 days ago - Business Wire

Light & Wonder, Inc. Reports Fourth Quarter and Full Year 2023 Results

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the fourth quarter and fiscal year ended December 31,...

7 weeks ago - Business Wire

Light & Wonder to Report Fourth Quarter and Full Year 2023 Results on Tuesday, February 27, 2024

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today it will release its financial results for the fourth quarter and year ended ...

3 months ago - Business Wire

Light & Wonder Appoints Michael Marchetti to Board of Directors

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W” or the “Company”) announced today that Michael Marchetti has been appointed as a member of its Board of ...

3 months ago - Business Wire

Light & Wonder Names Oliver Chow Chief Financial Officer

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W” or the “Company”) announced today that Oliver Chow has been appointed as the Company's Executive Vice Pr...

4 months ago - Business Wire

Light & Wonder, Inc. Reports Third Quarter 2023 Results

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we,” or the “Company”) today reported results for the third quarter ended September 30, 2023. We maint...

5 months ago - Business Wire

Light & Wonder Completes Acquisition of Remaining Public Shares of SciPlay

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder”) today announced that it has completed its previously announced acquisition of the remaining approximately 17% ...

6 months ago - Business Wire

Light & Wonder to Report Third Quarter 2023 Results on Thursday, November 9, 2023

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today it will release its financial results for the third quarter of 2023 on Thurs...

6 months ago - Business Wire

Las Vegas casino stocks are flirting with a bear market. That might be a sign an economic downturn is coming.

Casino stocks are slumping – and that could be bad news for the US economy. The sector plunging could be a signal that Americans are about to start spending less.

Other symbols: BYDCZRLVSMGMWYNN
6 months ago - Business Insider

Light & Wonder to Unveil SQUID GAME Slot at G2E

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W” or the “Company”) today announced it will debut its brand new SQUID GAME slot machine within its Global ...

7 months ago - Business Wire

Light & Wonder Unveils SQUID GAME Slot at G2E

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W” or the “Company”) today revealed its brand new SQUID GAME slot machine within its Global Gaming Expo (G2...

7 months ago - Business Wire

Light & Wonder Announces Successful Completion of Notes Offering

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...

8 months ago - Business Wire

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Light & Wonder, Inc. Buyout of SciPlay Corporation – SCPL, LNW

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of SciPlay Corporat...

8 months ago - Business Wire

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates TPG Capital and Francisco Partners Buyout of New Relic, Inc. – NEWR

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of New Relic, Inc. ...

Other symbols: NEWR
8 months ago - Business Wire

Light & Wonder Announces Pricing of $550.0 Million 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...

9 months ago - Business Wire

Light & Wonder Announces Proposed Private Offering of $550.0 Million of Senior Unsecured Notes

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ: LNW) (ASX: LNW) (“Light & Wonder” or the “Company”) today announced that its wholly owned subsidiary, Light and Wonder International, Inc. (“L...

9 months ago - Business Wire

Light & Wonder, Inc. Reports Second Quarter 2023 Results

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” or the “Company”) today reported results for the second quarter ended June 30, 2023. We continued with ...

9 months ago - Business Wire

Light & Wonder to Webcast Investor Presentation at Australasian Gaming Expo

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” or the “Company”) announced today that Matt Wilson, President and CEO, along with other members of seni...

9 months ago - Business Wire

Light & Wonder to Report Second Quarter 2023 Results on Tuesday, August 8, 2023

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”), announced today it will release its financial results for the second quarter of 2023 on Tues...

10 months ago - Business Wire

Light & Wonder and Warner Bros. Discovery Global Themed Entertainment Announce Expanded Licensing Deal to Bring Top-Tier Games to Fans Online

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries, “Light & Wonder,” “L&W” or the “Company”) has announced an expanded multi-year global licensing ...

Other symbols: WBD
10 months ago - Business Wire

Light & Wonder Announces CFO Transition

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ: LNW) (“Light & Wonder”, “LNW” or the “Company”) today announced that effective August 25, 2023, Connie James, the Company's Executive Vice Pre...

10 months ago - Business Wire

SciPlay Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from Light & Wonder

LAS VEGAS , June 8, 2023 /PRNewswire/ -- SciPlay Corporation (NASDAQ: SCPL) ("SciPlay" or the "Company"), today announced that its Board of Directors (the "Board") has formed a special committee of in...

11 months ago - PRNewsWire

Light & Wonder Enters Into Agreement With Shift4 to Boost Its State-of-the-Art Cashless Gaming Solution

LAS VEGAS & ALLENTOWN, Pa.--(BUSINESS WIRE)---- $FOUR--Light & Wonder, Inc. (NASDAQ: LNW) (together with its subsidiaries “Light & Wonder”), a global leader in casino gaming technology, and Shift4 (NY...

Other symbols: FOUR
11 months ago - Business Wire

SciPlay's stock rallies as Light & Wonder airs plan to buy remaining public shares of gaming software company

SciPlay Corp.'s stock SCPL, +0.19% is rallying 25% in premarket trades after Light & Wonder Inc. LNW, +2.72% said it wants to buy the 17% of common stock it doesn't already own in the maker of Jackpot...

1 year ago - Market Watch