Light & Wonder (LNW) Stock Forecast, Price Target & Predictions
LNW Stock Forecast
Light & Wonder stock forecast is as follows: an average price target of $107.80 (represents a 26.20% upside from LNW’s last price of $85.42) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
LNW Price Target
The average price target for Light & Wonder (LNW) is $107.80 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $144.00 to $81.00. This represents a potential 26.20% upside from LNW's last price of $85.42.
LNW Analyst Ratings
According to 6 Wall Street analysts, Light & Wonder's rating consensus is 'Buy'. The analyst rating breakdown for LNW stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Light & Wonder Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 24, 2024 | Joseph Stauff | Susquehanna | $90.00 | $112.68 | -20.13% | 5.36% |
| Aug 26, 2024 | Tom Forte | Maxim Group | $144.00 | $108.14 | 33.16% | 68.58% |
| Aug 08, 2024 | Carlo Santarelli | Deutsche Bank | $81.00 | $99.80 | -18.84% | -5.17% |
| Jul 23, 2024 | Jeffrey Stantial | Stifel Nicolaus | $106.00 | $105.01 | 0.94% | 24.09% |
| Jun 26, 2024 | David Katz | Jefferies | $118.00 | $104.27 | 13.17% | 38.14% |
| May 09, 2024 | Chad Beynon | Macquarie | $120.00 | $92.43 | 29.83% | 40.48% |
| Sep 08, 2023 | Barry Jonas | Truist Financial | $86.00 | $76.42 | 12.54% | 0.68% |
The latest Light & Wonder stock forecast, released on Sep 24, 2024 by Joseph Stauff from Susquehanna, set a price target of $90.00, which represents a -20.13% decrease from the stock price at the time of the forecast ($112.68), and a 5.36% increase from LNW last price ($85.42).
Light & Wonder Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 6 |
| Avg Price Target | - | $90.00 | $109.83 |
| Last Closing Price | $85.42 | $85.42 | $85.42 |
| Upside/Downside | -100.00% | 5.36% | 28.58% |
In the current month, the average price target of Light & Wonder stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Light & Wonder's last price of $85.42. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Susquehanna | Buy | Buy | Hold |
| Oct 23, 2024 | Maxim Group | Underperform | Underperform | Hold |
| Sep 25, 2024 | Benchmark | Buy | Buy | Hold |
| Sep 25, 2024 | UBS | Buy | Upgrade | |
| Sep 24, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Aug 26, 2024 | Macquarie | Underperform | Underperform | Hold |
| Aug 26, 2024 | Maxim Group | Buy | Initialise | |
| Aug 08, 2024 | Macquarie | Outperform | Outperform | Hold |
| Aug 08, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Jul 10, 2024 | Goldman Sachs | Buy | Initialise | |
| Jun 26, 2024 | Jefferies | Buy | Buy | Hold |
| May 10, 2024 | Susquehanna | Positive | Neutral | Downgrade |
| May 09, 2024 | Macquarie | Outperform | Outperform | Hold |
| May 11, 2023 | Susquehanna | Positive | Upgrade |
Light & Wonder's last stock rating was published by Susquehanna on Oct 23, 2024. The company gave LNW a "Buy" rating, the same as its previous rate.
Light & Wonder Financial Forecast
Light & Wonder Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $770.00M | $731.00M | $731.00M | $670.00M | $682.00M | $648.00M | $610.00M | $572.00M | $581.00M | $539.00M | $880.00M | $729.00M | $762.00M | $698.00M | $539.00M | $725.00M | $863.00M | $855.00M |
| Avg Forecast | $948.95M | $938.00M | $939.19M | $898.26M | $882.49M | $870.42M | $864.72M | $811.63M | $803.88M | $826.93M | $798.09M | $726.27M | $748.30M | $717.31M | $673.55M | $632.15M | $654.53M | $625.58M | $596.72M | $563.42M | $558.55M | $820.53M | $773.72M | $713.24M | $708.67M | $648.95M | $449.12M | $774.75M | $895.31M | $851.14M |
| High Forecast | $981.68M | $970.36M | $971.59M | $929.25M | $912.93M | $900.45M | $894.55M | $826.02M | $827.09M | $827.67M | $798.09M | $751.32M | $757.07M | $718.33M | $696.78M | $653.95M | $677.11M | $625.58M | $596.72M | $563.42M | $558.55M | $820.53M | $773.72M | $713.24M | $708.67M | $648.95M | $449.12M | $774.75M | $895.31M | $851.14M |
| Low Forecast | $916.77M | $906.19M | $907.34M | $867.80M | $852.56M | $840.90M | $835.39M | $797.00M | $781.32M | $826.19M | $798.09M | $701.64M | $736.06M | $716.29M | $650.71M | $610.71M | $632.33M | $625.58M | $596.72M | $563.42M | $558.55M | $820.53M | $773.72M | $713.24M | $708.67M | $648.95M | $449.12M | $774.75M | $895.31M | $851.14M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.02% | 1.09% | 1.06% | 1.04% | 1.04% | 1.02% | 1.02% | 1.04% | 0.66% | 1.14% | 1.02% | 1.08% | 1.08% | 1.20% | 0.94% | 0.96% | 1.00% |
Light & Wonder's average Quarter revenue forecast for Mar 24 based on 4 analysts is $726.27M, with a low forecast of $701.64M, and a high forecast of $751.32M. LNW's average Quarter revenue forecast represents a -5.68% decrease compared to the company's last Quarter revenue of $770.00M (Dec 23).
Light & Wonder EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-392.00M | $106.00M | $50.00M | $221.00M | $242.00M | $221.00M | $70.00M | $189.00M | $206.00M | $189.00M | $395.00M | $259.00M | $182.00M | $181.00M | $84.00M | $187.00M | $261.00M | $334.00M |
| Avg Forecast | $244.26M | $241.44M | $241.75M | $231.22M | $227.16M | $224.05M | $222.58M | $208.92M | $206.92M | $212.85M | $205.43M | $186.94M | $192.61M | $184.64M | $173.37M | $162.72M | $168.48M | $194.40M | $185.43M | $159.50M | $173.57M | $254.98M | $240.44M | $221.64M | $220.22M | $201.66M | $139.56M | $240.75M | $278.22M | $264.49M |
| High Forecast | $252.69M | $249.77M | $250.09M | $239.19M | $234.99M | $231.78M | $230.26M | $212.62M | $212.90M | $213.05M | $205.43M | $193.39M | $194.87M | $184.90M | $179.35M | $168.33M | $174.29M | $194.40M | $185.43M | $191.40M | $173.57M | $254.98M | $240.44M | $221.64M | $220.22M | $201.66M | $139.56M | $240.75M | $278.22M | $264.49M |
| Low Forecast | $235.98M | $233.26M | $233.55M | $223.37M | $219.45M | $216.45M | $215.03M | $205.15M | $201.11M | $212.66M | $205.43M | $180.60M | $189.46M | $184.38M | $167.49M | $157.20M | $162.77M | $194.40M | $185.43M | $127.60M | $173.57M | $254.98M | $240.44M | $221.64M | $220.22M | $201.66M | $139.56M | $240.75M | $278.22M | $264.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.04% | 0.57% | 0.29% | 1.36% | 1.44% | 1.14% | 0.38% | 1.18% | 1.19% | 0.74% | 1.64% | 1.17% | 0.83% | 0.90% | 0.60% | 0.78% | 0.94% | 1.26% |
7 analysts predict LNW's average Quarter EBITDA for Dec 23 to be $192.61M, with a high of $194.87M and a low of $189.46M. This is 81.71% upper than Light & Wonder's previous annual EBITDA (Sep 23) of $106.00M.
Light & Wonder Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $134.00M | $108.00M | $35.00M | $22.00M | $21.00M | $20.00M | $-150.00M | $-67.00M | $62.00M | $100.00M | $109.00M | $-15.00M | $-84.00M | $-117.00M | $-198.00M | $-155.00M | $-37.00M | $14.00M |
| Avg Forecast | $155.27M | $114.96M | $155.12M | $138.42M | $128.92M | $122.85M | $121.92M | $100.33M | $85.31M | $97.86M | $95.13M | $59.44M | $62.13M | $37.16M | $31.07M | $21.37M | $43.32M | $35.45M | $-5.88M | $28.60M | $42.18M | $32.19M | $2.61M | $-44.12M | $-42.36M | $-63.77M | $-161.27M | $-15.42M | $20.33M | $-3.71M |
| High Forecast | $162.23M | $120.12M | $162.07M | $144.63M | $134.70M | $128.36M | $127.38M | $114.66M | $99.53M | $98.01M | $95.14M | $62.10M | $64.58M | $38.00M | $32.47M | $22.33M | $45.26M | $35.45M | $-5.88M | $34.32M | $42.18M | $32.19M | $2.61M | $-44.12M | $-42.36M | $-63.77M | $-161.27M | $-15.42M | $20.33M | $-3.71M |
| Low Forecast | $148.42M | $109.90M | $148.28M | $132.32M | $123.23M | $117.44M | $116.54M | $91.73M | $66.07M | $97.70M | $95.11M | $56.82M | $60.49M | $36.33M | $29.70M | $20.43M | $41.41M | $35.45M | $-5.88M | $22.88M | $42.18M | $32.19M | $2.61M | $-44.12M | $-42.36M | $-63.77M | $-161.27M | $-15.42M | $20.33M | $-3.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.16% | 2.91% | 1.13% | 1.03% | 0.48% | 0.56% | 25.51% | -2.34% | 1.47% | 3.11% | 41.76% | 0.34% | 1.98% | 1.83% | 1.23% | 10.05% | -1.82% | -3.78% |
Light & Wonder's average Quarter net income forecast for Mar 24 is $59.44M, with a range of $56.82M to $62.10M. LNW's average Quarter net income forecast represents a -55.64% decrease compared to the company's last Quarter net income of $134.00M (Dec 23).
Light & Wonder SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $209.00M | $204.00M | $203.00M | $192.00M | $182.00M | $181.00M | $179.00M | $175.00M | $177.00M | $164.00M | $205.00M | $186.00M | $188.00M | $164.00M | $151.00M | $198.00M | $172.00M | $175.00M |
| Avg Forecast | $255.18M | $252.23M | $252.55M | $241.55M | $237.30M | $234.06M | $232.53M | $218.25M | $216.17M | $222.36M | $214.61M | $195.30M | $201.22M | $192.89M | $181.12M | $169.99M | $176.01M | $168.22M | $160.46M | $192.50M | $150.20M | $220.64M | $208.06M | $191.79M | $190.56M | $174.50M | $120.77M | $208.33M | $240.75M | $228.87M |
| High Forecast | $263.98M | $260.93M | $261.26M | $249.88M | $245.49M | $242.13M | $240.55M | $222.12M | $222.41M | $222.56M | $214.61M | $202.03M | $203.58M | $193.16M | $187.37M | $175.85M | $182.08M | $168.22M | $160.46M | $231.00M | $150.20M | $220.64M | $208.06M | $191.79M | $190.56M | $174.50M | $120.77M | $208.33M | $240.75M | $228.87M |
| Low Forecast | $246.52M | $243.68M | $243.99M | $233.35M | $229.26M | $226.12M | $224.64M | $214.31M | $210.10M | $222.17M | $214.61M | $188.67M | $197.93M | $192.61M | $174.98M | $164.22M | $170.04M | $168.22M | $160.46M | $154.00M | $150.20M | $220.64M | $208.06M | $191.79M | $190.56M | $174.50M | $120.77M | $208.33M | $240.75M | $228.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.06% | 1.12% | 1.13% | 1.03% | 1.08% | 1.12% | 0.91% | 1.18% | 0.74% | 0.99% | 0.97% | 0.99% | 0.94% | 1.25% | 0.95% | 0.71% | 0.76% |
Light & Wonder's average Quarter SG&A projection for Mar 24 is $195.30M, based on 4 Wall Street analysts, with a range of $188.67M to $202.03M. The forecast indicates a -6.56% fall compared to LNW last annual SG&A of $209.00M (Dec 23).
Light & Wonder EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.44 | $1.19 | $0.38 | $0.24 | $0.23 | $0.21 | $-1.58 | $-0.69 | $0.64 | $1.04 | $1.13 | $-0.09 | $-0.88 | $-1.17 | $-2.08 | $-1.65 | $-0.40 | $0.15 |
| Avg Forecast | $1.71 | $1.26 | $1.70 | $1.52 | $1.42 | $1.35 | $1.34 | $1.10 | $0.94 | $1.08 | $1.05 | $0.65 | $0.68 | $0.41 | $0.34 | $0.23 | $0.48 | $0.39 | $-0.06 | $-0.23 | $0.46 | $0.35 | $0.03 | $-0.48 | $-0.46 | $-0.69 | $-1.75 | $-0.17 | $0.22 | $-0.04 |
| High Forecast | $1.78 | $1.32 | $1.78 | $1.59 | $1.48 | $1.41 | $1.40 | $1.26 | $1.09 | $1.08 | $1.05 | $0.68 | $0.71 | $0.42 | $0.36 | $0.25 | $0.50 | $0.39 | $-0.06 | $-0.23 | $0.46 | $0.35 | $0.03 | $-0.48 | $-0.46 | $-0.69 | $-1.75 | $-0.17 | $0.22 | $-0.04 |
| Low Forecast | $1.63 | $1.21 | $1.63 | $1.45 | $1.35 | $1.29 | $1.28 | $1.01 | $0.73 | $1.07 | $1.05 | $0.62 | $0.66 | $0.40 | $0.33 | $0.22 | $0.46 | $0.39 | $-0.06 | $-0.23 | $0.46 | $0.35 | $0.03 | $-0.48 | $-0.46 | $-0.69 | $-1.75 | $-0.17 | $0.22 | $-0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.11% | 2.91% | 1.11% | 1.02% | 0.48% | 0.55% | 24.72% | 2.94% | 1.40% | 2.97% | 39.83% | 0.20% | 1.91% | 1.69% | 1.19% | 9.84% | -1.81% | -3.72% |
According to 4 Wall Street analysts, Light & Wonder's projected average Quarter EPS for Mar 24 is $0.65, with a low estimate of $0.62 and a high estimate of $0.68. This represents a -54.64% decrease compared to LNW previous annual EPS of $1.44 (Dec 23).
Light & Wonder Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| INSE | Inspired Entertainment | $8.91 | $19.50 | 118.86% | Buy |
| IGT | International Game | $17.90 | $28.29 | 58.04% | Buy |
| CDRO | Codere Online Luxembourg | $7.35 | $10.00 | 36.05% | Buy |
| ACEL | Accel Entertainment | $11.35 | $14.75 | 29.96% | Buy |
| CHDN | Churchill Downs | $131.75 | $160.40 | 21.75% | Buy |
| LNW | Light & Wonder | $89.80 | $107.80 | 20.04% | Buy |
| AGS | PlayAGS | $11.52 | $13.17 | 14.32% | Buy |
| EVRI | Everi | $13.50 | $14.25 | 5.56% | Hold |