Light & Wonder (LNW) – Investment Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Light & Wonder (NASDAQ: LNW) in the last few weeks:

• 2/28/2025 – Light & Wonder had its price target raised by analysts at Benchmark Co. from $114.00 to $130.00. They now have a “buy” rating on the stock.
• 2/26/2025 – Light & Wonder had its price target raised by analysts at Mizuho from $76.00 to $80.00. They now have an “underperform” rating on the stock.
• 2/26/2025 – Light & Wonder had its price target raised by analysts at JPMorgan Chase & Co. from $103.00 to $110.00. They now have an “overweight” rating on the stock.
• 2/26/2025 – Light & Wonder had its price target raised by analysts at Macquarie from $122.00 to $125.00. They now have an “outperform” rating on the stock.
• 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.

Light & Wonder Stock Up 1.0 %

NASDAQ LNW opened at $104.71 on Tuesday. The business has a fifty day moving average price of $95.63 and a two-hundred day moving average price of $95.99. 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 fifty-two week low of $84.00 and a fifty-two week high of $115.00. The stock has a market capitalization of $8.84 billion, a PE ratio of 32.52, a PEG ratio of 0.35 and a beta of 1.59.

Insider Activity

In related news, CAO Vanja Kalabic sold 1,132 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $104.41, for a total transaction of $118,192.12. Following the completion of the transaction, the chief accounting officer now directly owns 5,016 shares of the company’s stock, valued at $523,720.56. This trade represents a 18.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP James Sottile sold 2,356 shares of the firm’s stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $105.54, for a total value of $248,652.24. Following the transaction, the vice president now directly owns 77,331 shares of the company’s stock, valued at approximately $8,161,513.74. This represents a 2.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,867 shares of company stock worth $1,037,884. Insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Light & Wonder by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 8,492,524 shares of the company’s stock worth $733,584,000 after acquiring an additional 100,527 shares during the period. State Street Corp grew its stake in shares of Light & Wonder by 2.2% in the 3rd quarter. State Street Corp now owns 2,651,627 shares of the company’s stock valued at $240,582,000 after buying an additional 56,890 shares during the period. Burgundy Asset Management Ltd. grew its stake in shares of Light & Wonder by 2.0% in the 4th quarter. Burgundy Asset Management Ltd. now owns 1,472,538 shares of the company’s stock valued at $127,198,000 after buying an additional 28,358 shares during the period. FMR LLC grew its stake in shares of Light & Wonder by 28.7% in the 3rd quarter. FMR LLC now owns 1,452,052 shares of the company’s stock valued at $131,745,000 after buying an additional 324,088 shares during the period. Finally, Norges Bank acquired a new stake in shares of Light & Wonder in the 4th quarter valued at about $91,683,000. 88.08% of the stock is owned by institutional investors.

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.