
LNW Stock Forecast & Price Target
LNW Analyst Ratings
Bulls say
Light & Wonder has demonstrated significant revenue growth, with systems revenue reaching US$88 million in 4Q24, reflecting a 24% year-over-year increase and surpassing market expectations by 22%. The company's mobile gaming segment, SciPlay, is showing promising trends as direct-to-consumer penetration increases to 13% with projected growth in digital penetration, positioning Light & Wonder to capitalize on expanding market opportunities. Additionally, the consistent growth of the North American installed base for Gaming Operations, marking the 18th consecutive quarter of growth, alongside a positive EBITDA growth outlook of 8%-13%, underscores the firm's potential for sustained long-term performance.
Bears say
The analysis indicates that Light & Wonder faces significant challenges, particularly in outright sales, which are considered lower quality earnings due to their lumpier earnings profile and weaker cash conversion, with international outright sales dropping 51% year-over-year. Furthermore, the absence of anticipated legalization of iGaming in U.S. jurisdictions for 2025 contributes to a reduced growth expectation, pushing opportunities further into 2026 and beyond. Despite hiring some strong style exposure in valuations, the overall weak earnings momentum reflected by recent downgrades and the stock’s negative reception from analysts presents concerns for investors.
This aggregate rating is based on analysts' research of Light & Wonder Inc and is not a guaranteed prediction by Public.com or investment advice.
LNW Analyst Forecast & Price Prediction
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