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Light & Wonder, Inc. (LNWO)

88.01 +0.59 (+0.67%)
At close: October 30 at 4:00:00 PM EDT
Chart Range Bar
Loading chart for LNWO
  • Previous Close 87.42
  • Open 83.03
  • Bid 87.36 x 20000
  • Ask 89.00 x 10000
  • Day's Range 83.03 - 89.00
  • 52 Week Range 70.00 - 122.65
  • Volume 4,092
  • Avg. Volume 19,720
  • Market Cap (intraday) 6.581B
  • Beta (5Y Monthly) 0.52
  • PE Ratio (TTM) 26.18
  • EPS (TTM) 3.40
  • Earnings Date Nov 4, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 119.69
  • Morningstar Rating Rating available with Stock Picks access

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 based software and hardware; licenses proprietary table games content; and supplies Shufflers and other table product utilities to commercial, tribal, and governmental gaming operators. The SciPlay segment develops, markets, and operates a portfolio of social games on various online platforms. The iGaming segment provides a suite of digital gaming content, distribution platforms, player account management systems, and other iGaming content and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators full control over various areas of digital gaming operations. It also supplies, maintains, and sells table game products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment; and sells virtual coins, chips, or bingo cards, which players can use to play casino-style slot games, table games, and bingo games. Light & Wonder, Inc. was incorporated in 1984 and is headquartered in Las Vegas, Nevada.

www.lnw.com

6,800

Full Time Employees

December 31

Fiscal Year Ends

Gambling

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

LNWO
13.67%
S&P 500 (^GSPC)
10.73%

1-Year Return

LNWO
24.63%
S&P 500 (^GSPC)
11.11%

3-Year Return

LNWO
21.35%
S&P 500 (^GSPC)
81.91%

5-Year Return

LNWO
11.18%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 828M
Earnings 120M
Profit Margin 14.49%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
200M
400M
600M
800M
0.0%
5.0%
10.0%

Analyst Insights

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Analyst Price Targets

105.23
119.69 Average
88.01 Current
144.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/28/2025
Analyst Stifel
Rating Action Maintains
Rating Hold
Price Action Lowers
Price Target 95 -> 83

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.09%

  • Return on Assets (ttm)

    8.81%

  • Return on Equity (ttm)

    53.98%

  • Revenue (ttm)

    3.35B

  • Net Income Avi to Common (ttm)

    271M

  • Diluted EPS (ttm)

    3.40

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    154M

  • Total Debt/Equity (mrq)

    1,713.25%

  • Levered Free Cash Flow (ttm)

    609M

Company Insights

Research Reports

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