Light & Wonder, Inc. (LNWO)

OTCMKTS · Delayed Price · Currency is USD
88.43
+0.94 (1.07%)
At close: Jun 12, 2026
Market Cap6.99B -4.8%
Revenue (ttm)3.33B +3.9%
Net Income246.00M -26.8%
EPS2.98 -20.3%
Shares Out n/a
PE Ratio28.40
Forward PE11.25
Dividendn/a
Ex-Dividend Daten/a
Volume102,359
Open89.99
Previous Close87.49
Day's Range87.51 - 89.99
52-Week Range69.56 - 122.65
Beta0.36
AnalystsBuy
Price Target122.35 (+38.36%)
Earnings DateAug 5, 2026

About Light & Wonder

Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. It operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals and video lottery terminals, including conversion kits and spare parts. This segment also leases or provides gaming content, gaming machines, and server-based system; electronic pull-tabs and related services to charitable gaming entities; sells and supports casino-management system base... [Read more]

Industry Gambling
Founded 1984
Employees 6,800
Stock Exchange OTCMKTS
Ticker Symbol LNWO
Full Company Profile

Financial Performance

In 2025, Light & Wonder's revenue was $3.31 billion, an increase of 3.95% compared to the previous year's $3.19 billion. Earnings were $276.00 million, a decrease of -17.86%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for LNWO stock is "Buy." The 12-month stock price target is $122.35, which is an increase of 38.36% from the latest price.

Price Target
$122.35
(38.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Light & Wonder Transcript: AGM 2026

The meeting highlighted a successful transformation to a sole ASX listing, strong financial performance with reduced leverage and significant buybacks, and a focused strategy on gaming and technology. Key proposals included board elections, executive compensation, and auditor ratification.

4 days ago - Transcripts

Light & Wonder Proxy statement: Proxy filing

Light & Wonder filed a proxy statement on June 1, 2026, providing details for shareholder voting and corporate governance matters.

13 days ago - Filings

Light & Wonder Earnings Call Transcript: Q1 2026

Revenue and EBITDA grew year-over-year with margin expansion, driven by recurring revenue and strong Gaming and iGaming performance. Despite legal and macro headwinds, cash flow and share buybacks increased, and guidance remains for mid-to-high single-digit AEBITDA growth in 2026.

5 weeks ago - Transcripts

Light & Wonder Earnings release: Q1 2026

Light & Wonder released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

5 weeks ago - Filings

Light & Wonder Quarterly report: Q1 2026

Light & Wonder has published its Q1 2026 quarterly earnings report on May 6, 2026.

5 weeks ago - Filings

Light & Wonder Slides: Q1 2026

Light & Wonder has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.

5 weeks ago - Filings

Light & Wonder, Inc. Reports First Quarter 2026 Results

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the first quarter ended March 31, 2026. Light & Wonder delivered...

5 weeks ago - Business Wire

Light & Wonder Proxy statement: Proxy filing

Light & Wonder filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Light & Wonder Proxy statement: Proxy filing

Light & Wonder filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

Light & Wonder Proxy statement: Proxy filing

Light & Wonder filed a proxy statement on April 20, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings

Light & Wonder to Report First Quarter 2026 Results

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder” or the “Company”) announced today that it will release its financial results for the first quarter ended March 31, 2026, o...

2 months ago - Business Wire

Light & Wonder Earnings Call Transcript: Q4 2025

Strong 2025 results with double-digit revenue and EBITDA growth, driven by gaming and iGaming, and enhanced by the Grover acquisition. Outlook for 2026 remains robust, with continued margin expansion, recurring revenue focus, and reaffirmed 2028 targets.

3 months ago - Transcripts

Light & Wonder Annual report: Q4 2025

Light & Wonder has published its Q4 2025 annual report on February 24, 2026.

3 months ago - Filings

Light & Wonder Earnings release: Q4 2025

Light & Wonder released its Q4 2025 earnings on February 24, 2026, summarizing the period's financial results.

3 months ago - Filings

Light & Wonder Slides: Q4 2025

Light & Wonder has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 24, 2026.

3 months ago - Filings

Light & Wonder, Inc. Reports Fourth Quarter and Full Year 2025 Results

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the fourth quarter and fiscal year ended December 31, 2025. Ligh...

3 months ago - Business Wire

Light & Wonder to Report Fourth Quarter and Full Year 2025 Results on Tuesday, February 24, 2026

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

4 months ago - Business Wire

Joint Statement Regarding Resolution of Litigation Between Aristocrat and Light & Wonder

LAS VEGAS--(BUSINESS WIRE)--Aristocrat Leisure Limited (ASX:ALL) and Light & Wonder (ASX:LNW) have agreed to settle their pending litigation in Australia and the United States which Aristocrat brought...

5 months ago - Business Wire

Sterling Infrastructure to replace Light & Wonder in S&P 400 at open on 11/13

Light & Wonder is expected to delist from the Nasdaq Stock Exchange on or around that date and intends to keep its primary listing exclusively in Australia. Published first on…

7 months ago - TheFly

Light & Wonder reports Q3 adjusted EPS $1.34, consensus $1.33

Reports Q3 revenue $841M, consensus $863.29M. Matt Wilson, President and Chief Executive Officer of Light & Wonder, said, “I want to thank all stakeholders for their continued support, as we…

7 months ago - TheFly

Light & Wonder maintains FY25 outlook

The Company maintains its full-year 2025 financial outlook, consistent with the outlook shared last quarter. The Consolidated AEBITDA guidance range remains between $1.43 billion and $1.47 billion, an...

7 months ago - TheFly

Light & Wonder Earnings Call Transcript: Q3 2025

Earnings and cash flow grew strongly, led by recurring revenue and successful Grover integration. Gaming and iGaming segments posted record results, with margin expansion and robust cash generation. Guidance for double-digit growth and strong momentum into Q4 and 2026 was reiterated.

7 months ago - Transcripts

Light & Wonder Quarterly report: Q3 2025

Light & Wonder has published its Q3 2025 quarterly earnings report on November 5, 2025.

7 months ago - Filings

Light & Wonder Earnings release: Q3 2025

Light & Wonder released its Q3 2025 earnings on November 5, 2025, summarizing the period's financial results.

7 months ago - Filings

Light & Wonder Slides: Q3 2025

Light & Wonder has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 5, 2025.

7 months ago - Filings