Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
LNW logo LNW
Upturn stock rating
LNW logo

Light & Wonder Inc (LNW)

Upturn stock rating
$78.04
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/15/2025: LNW (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

19 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $107.52

1 Year Target Price $107.52

Analysts Price Target For last 52 week
$107.52 Target price
52w Low $69.56
Current$78.04
52w High $113.94

Analysis of Past Performance

Type Stock
Historic Profit -12.92%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.42B USD
Price to earnings Ratio 19.35
1Y Target Price 107.52
Price to earnings Ratio 19.35
1Y Target Price 107.52
Volume (30-day avg) 19
Beta 1.45
52 Weeks Range 69.56 - 113.94
Updated Date 10/17/2025
52 Weeks Range 69.56 - 113.94
Updated Date 10/17/2025
Dividends yield (FY) -
Basic EPS (TTM) 3.95

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 10.92%
Operating Margin (TTM) 27.07%

Management Effectiveness

Return on Assets (TTM) 8.21%
Return on Equity (TTM) 46.91%

Valuation

Trailing PE 19.35
Forward PE 11.26
Enterprise Value 11898052479
Price to Sales(TTM) 2.01
Enterprise Value 11898052479
Price to Sales(TTM) 2.01
Enterprise Value to Revenue 3.72
Enterprise Value to EBITDA 10.74
Shares Outstanding 83946594
Shares Floating 75913744
Shares Outstanding 83946594
Shares Floating 75913744
Percent Insiders 0.71
Percent Institutions 67.82

ai summary icon Upturn AI SWOT

Light & Wonder Inc

stock logo

Company Overview

overview logo History and Background

Light & Wonder Inc., formerly Scientific Games Corporation, was founded in 1973. Initially focused on lottery systems, it expanded into gaming content, social gaming, and sports betting technology. In 2022, it rebranded as Light & Wonder to reflect its strategic focus on games and entertainment.

business area logo Core Business Areas

  • Gaming: Develops and supplies gaming machines, game content, table products, and electronic table systems to casinos worldwide.
  • SciPlay: Creates and publishes social casino games on mobile and web platforms.
  • iGaming: Provides a suite of digital gaming content and technology to online casino operators.

leadership logo Leadership and Structure

Matt Wilson serves as the President and CEO. The company operates with a structured leadership team overseeing each business segment (Gaming, SciPlay, iGaming), supported by functional departments such as finance, technology, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • Competitors: IGT, Aristocrat
  • Gaming Machines: Light & Wonder's gaming machines are a core offering. Competitors include IGT and Aristocrat. They account for a sizable portion of their revenue. (Market share data unavailable)
  • Competitors: Playtika, Zynga
  • Social Casino Games (SciPlay): SciPlay offers social casino games such as Jackpot Party Casino and Gold Fish Casino. Competitors include Playtika and Zynga. (Market share data unavailable)
  • Competitors: Evolution Gaming, NetEnt
  • iGaming Content: Light & Wonder provides iGaming content to online casinos. Competitors include Evolution Gaming and NetEnt. (Market share data unavailable)

Market Dynamics

industry overview logo Industry Overview

The gaming industry is experiencing growth driven by online gaming expansion, technological advancements, and evolving consumer preferences. Regulatory landscapes and economic conditions play a significant role.

Positioning

Light & Wonder is positioned as a leading provider of gaming content and technology, focusing on innovation and diversification across land-based and online platforms. They have a strong library of licensed content.

Total Addressable Market (TAM)

The global gaming market is estimated to be worth hundreds of billions of dollars. Light & Wonder is positioned to capture a share of this TAM through its diverse offerings in gaming machines, social gaming, and iGaming.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Diverse product portfolio
  • Established relationships with casino operators
  • Growing presence in online gaming

Weaknesses

  • High debt levels
  • Dependence on regulatory approvals
  • Exposure to economic cycles
  • Integration challenges from acquisitions

Opportunities

  • Expansion into new geographic markets
  • Growth in online gaming and sports betting
  • Development of innovative gaming technologies
  • Strategic partnerships and acquisitions

Threats

  • Increasing competition
  • Changing regulatory landscape
  • Economic downturns
  • Technological obsolescence

Competitors and Market Share

competitor logo Key Competitors

  • IGT
  • Aristocrat Leisure (ALL.AX)
  • Playtika (PLTK)

Competitive Landscape

Light & Wonder competes on content, technology, and distribution channels. Advantages include a strong content library and established relationships. Disadvantages include high debt and intense competition.

Major Acquisitions

Sideplay Entertainment

  • Year: 2021
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: Added innovative game mechanics and expanded interactive content capabilities for iGaming and lottery markets. Financial details not public.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been driven by acquisitions and organic expansion in gaming and digital segments.

Future Projections: Analyst projections anticipate continued growth in revenue and profitability, driven by online gaming expansion and new product introductions.

Recent Initiatives: Recent initiatives include focusing on core gaming businesses, divestitures of non-core assets, and investments in technology and content.

Summary

Light & Wonder is a significant player in the gaming industry, holding a strong position due to its diverse product portfolio and established casino relationships. The company's growth trajectory is promising, especially in the digital gaming space. However, high debt levels and intense competition remain challenges that must be addressed. Successful execution of strategic initiatives is critical for long-term success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company reports
  • Industry analysis
  • Financial news sources
  • Yahoo Finance

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is approximate and may vary.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Light & Wonder Inc

Exchange NASDAQ
Headquaters Las Vegas, NV, United States
IPO Launch date 1992-04-23
CEO, President & Director Mr. Matthew R. Wilson
Sector Consumer Cyclical
Industry Gambling
Full time employees 6800
Full time employees 6800

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 game 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 server-based system; sells and supports casino-management system based software and hardware; and licenses proprietary table games content to commercial, tribal, and governmental gaming operators. The SciPlay segment develops, markets, and operates social games on various online platforms. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, and bingo games. 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 control over various areas of digital gaming operations. Light & Wonder, Inc. was incorporated in 1984 and is headquartered in Las Vegas, Nevada.