Recent Research Analysts’ Ratings Updates for Light & Wonder (LNW)

A number of firms have modified their ratings and price targets on shares of Light & Wonder (NASDAQ: LNW) recently:

• 2/19/2025 – Light & Wonder had its price target raised by analysts at Macquarie from $117.00 to $122.00. They now have an “outperform” rating on the stock.
• 2/19/2025 – Light & Wonder had its price target raised by analysts at Stifel Nicolaus from $90.00 to $104.00. They now have a “hold” rating on the stock.
• 2/19/2025 – Light & Wonder was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating.
• 2/19/2025 – Light & Wonder had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $114.00 price target on the stock.
• 1/27/2025 – Light & Wonder had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $114.00 price target on the stock.
• 1/15/2025 – Light & Wonder had its price target raised by analysts at Jefferies Financial Group Inc. from $120.00 to $121.00. They now have a “buy” rating on the stock.

Light & Wonder Price Performance

Shares of NASDAQ:LNW opened at $101.63 on Wednesday. The business’s 50 day simple moving average is $90.10 and its 200-day simple moving average is $95.99. The firm has a market capitalization of $8.97 billion, a price-to-earnings ratio of 31.56, a price-to-earnings-growth ratio of 0.35 and a beta of 1.72. The company has a debt-to-equity ratio of 4.49, a current ratio of 1.88 and a quick ratio of 1.61. Light & Wonder, Inc. has a 12 month low of $84.00 and a 12 month high of $115.00.

Institutional Investors Weigh In On Light & Wonder

Institutional investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new stake in Light & Wonder in the 3rd quarter valued at approximately $108,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Light & Wonder in the 3rd quarter valued at approximately $420,000. State of Alaska Department of Revenue lifted its stake in Light & Wonder by 5.5% in the 3rd quarter. State of Alaska Department of Revenue now owns 10,305 shares of the company’s stock valued at $934,000 after buying an additional 535 shares in the last quarter. New York State Teachers Retirement System lifted its stake in Light & Wonder by 0.9% in the 3rd quarter. New York State Teachers Retirement System now owns 84,365 shares of the company’s stock valued at $7,654,000 after buying an additional 719 shares in the last quarter. Finally, Iridian Asset Management LLC CT lifted its stake in Light & Wonder by 12.1% in the 3rd quarter. Iridian Asset Management LLC CT now owns 51,571 shares of the company’s stock valued at $4,679,000 after buying an additional 5,570 shares in the last quarter. Hedge funds and other institutional investors own 88.08% of the company’s stock.

Light & Wonder, Inc is a cross-platform global games company, which engages in the development of content and digital markets. It operates through the following segments: Gaming, SciPlay, and iGaming. The Gaming segment includes the design, manufacture, marketing, and distribution of portfolio of gaming products and services.