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LNW
Upturn stock ratingUpturn stock rating

Light & Wonder Inc (LNW)

Upturn stock ratingUpturn stock rating
$88.12
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
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Upturn Advisory Summary

08/14/2025: 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 $108.36

1 Year Target Price $108.36

Analysts Price Target For last 52 week
$108.36 Target price
52w Low $69.56
Current$88.12
52w High $115

Analysis of Past Performance

Type Stock
Historic Profit -12.92%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 7.40B USD
Price to earnings Ratio 22.31
1Y Target Price 108.36
Price to earnings Ratio 22.31
1Y Target Price 108.36
Volume (30-day avg) 19
Beta 1.21
52 Weeks Range 69.56 - 115.00
Updated Date 08/15/2025
52 Weeks Range 69.56 - 115.00
Updated Date 08/15/2025
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 2025-08-06
When -
Estimate 1.36
Actual 1.58

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 22.31
Forward PE 13.16
Enterprise Value 12147373863
Price to Sales(TTM) 2.32
Enterprise Value 12147373863
Price to Sales(TTM) 2.32
Enterprise Value to Revenue 3.8
Enterprise Value to EBITDA 10.96
Shares Outstanding 83946600
Shares Floating 75612376
Shares Outstanding 83946600
Shares Floating 75612376
Percent Insiders 0.67
Percent Institutions 68.57

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 and digital content through acquisitions. In 2022, the company rebranded to Light & Wonder, reflecting its focus on gaming content and technology.

business area logo Core Business Areas

  • Gaming: Designs, develops, manufactures, and distributes a diverse portfolio of gaming content, including slot machines, electronic table games, and casino management systems.
  • SciPlay: Develops and publishes social casino games on mobile and web platforms.
  • iGaming: Provides digital gaming content and platform solutions to online casino operators.

leadership logo Leadership and Structure

Matt Wilson serves as President and CEO. The company has a structured organizational chart with distinct business unit leaders reporting to the CEO. A board of directors provides oversight and strategic guidance.

Top Products and Market Share

overview logo Key Offerings

  • Land-Based Gaming Machines: Includes a wide variety of slot machines featuring popular themes and innovative game mechanics. Market share varies by region, but Light & Wonder is a major player competing with IGT and Aristocrat. Revenue generation is significant.
  • SciPlay Social Casino Games: Offers popular social casino games like Jackpot Party Casino, Gold Fish Casino, and Quick Hit Slots. Competitors include Playtika (PLTK) and Zynga (ZYGA). SciPlay generates substantial revenue through in-app purchases and advertising.
  • iGaming Content and Platform: Provides online casino operators with a library of slot games and a platform for managing their online gaming operations. Competitors include Evolution (EVO.ST) and NetEnt (acquired by Evolution). This area is growing rapidly, with increasing revenue for Light & Wonder.

Market Dynamics

industry overview logo Industry Overview

The gaming industry is experiencing growth, driven by the increasing popularity of online gaming and the continued strength of land-based casinos. Technological advancements and evolving consumer preferences are shaping the market.

Positioning

Light & Wonder is positioned as a leading provider of gaming content and technology across various platforms. Its competitive advantage lies in its diverse portfolio, strong brand recognition, and innovative product development.

Total Addressable Market (TAM)

The global gaming market is estimated at hundreds of billions of dollars. Light & Wonder is positioned to capture a significant portion of this TAM by expanding its online presence and continuing to innovate in the land-based gaming sector.

Upturn SWOT Analysis

Strengths

  • Diverse portfolio of gaming content and technology
  • Strong brand recognition
  • Established relationships with casino operators
  • Growing presence in the online gaming market
  • Innovative product development capabilities

Weaknesses

  • High debt levels
  • Dependence on major casino operators
  • Exposure to regulatory changes
  • Competition from larger and more diversified companies

Opportunities

  • Expansion into new geographic markets
  • Growth of online gaming and sports betting
  • Development of new gaming technologies
  • Strategic acquisitions and partnerships
  • Increasing demand for cashless gaming solutions

Threats

  • Economic downturns
  • Changes in gaming regulations
  • Increased competition
  • Technological disruptions
  • Cybersecurity threats

Competitors and Market Share

competitor logo Key Competitors

  • IGT
  • Aristocrat Leisure (ALL.AX)
  • Evolution (EVO.ST)

Competitive Landscape

Light & Wonder faces competition from established players with significant resources. Its ability to innovate and adapt to changing market conditions will be crucial for maintaining its competitive edge.

Major Acquisitions

Lightning Box

  • Year: 2021
  • Acquisition Price (USD millions): 330
  • Strategic Rationale: Acquisition enhances Light & Wonder's iGaming content portfolio with innovative and proven titles.

Growth Trajectory and Initiatives

Historical Growth: Placeholder. Growth has been driven by acquisitions and organic growth in the digital gaming segment.

Future Projections: Analysts predict continued growth in revenue and earnings, driven by the expansion of online gaming and the introduction of new gaming products.

Recent Initiatives: Recent initiatives include strategic acquisitions to expand its portfolio, and product launches to drive new sales

Summary

Light & Wonder is a strong player in the gaming industry with a diverse portfolio. The digital gaming segment is working well with continuous growth, while high debt and changing regulations are some key weaknesses that the company needs to overcome.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings, industry reports, analyst estimates.

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market conditions are constantly evolving.

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

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

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

Upturn AI SummarizationUpturn 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.