Latest news with #LNW
Yahoo
22-05-2025
- Business
- Yahoo
Light & Wonder (LNW) Reaffirms FY25 EBITDA Target of $1.4 Billion, Eyes Gaming Expansion
Light & Wonder, Inc. (NASDAQ:LNW) has reaffirmed its FY2025 EBITDA target of $1.4 billion as it plans to expand the gaming segment in North America. The company reported key strategic decisions and financial targets for FY25, highlighted during its investor day on May 20 in New York City. The company is focusing on expansion in its Gaming segment by continuing to grow its installed base. Light & Wonder is targeting to expand its North American Premium market share by almost 400 basis points. Management pointed out that their goal is to increase revenue per day by 2028. A gaming enthusiast in front of a widescreen monitor, lost in the game. Light & Wonder is also aiming to grow its Global Game Sales market share by 400 basis points by 2028. To achieve higher sales, the company will target increased software adoption and maintain category leadership in Table Products. The iGaming segment is concentrated on gaining omni-channel opportunities with leading content and enhanced offerings. This segment is targeting a 10% basis point increase in its global market share of 1st-party content between 2024 and 2028. 'Supported by the strength of our diverse portfolio, our financial profile, and our team, we will continue advancing our proven omni-channel strategy with a focus on building industry-leading games to deliver on our 2028 financial targets of Consolidated Adjusted EBITDA of $2 billion and doubling of Adjusted NPATA per share to over $10.55, to create substantial value for our shareholders," Light & Wonder, Inc. (NASDAQ:LNW) is a cross-platform games company with operations worldwide. It is focused on content and digital markets. The company operates through three main segments, including Gaming, iGaming, and SciPlay. While we acknowledge the potential of LNW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LNW and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None.
Yahoo
02-04-2025
- Business
- Yahoo
Light & Wonder to Host Litigation Update Call on Wednesday, April 2, 2025
LAS VEGAS, April 02, 2025--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will host an update call regarding the Dragon Train litigation on Wednesday, April 2, 2025, after market close. The investor conference call and simultaneous webcast will be hosted at 4:30 p.m. U.S. Eastern Time. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Litigation Conference Call Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to the call start time. Investor Conference CallApril 2, 20254:30 p.m. U.S. Eastern Time / 1:30 p.m. U.S. Pacific Time April 3, 20257:30 a.m. Australian Eastern Daylight Time WebcastTo access the live webcast of the call, please visit the Company's website at and click on the webcast link. A replay of the webcast will be available approximately one hour after the webcast and will be archived on the Company's website. Telephone Dial-inUS Toll Free: +1 (833) 470-1428Australia: +61 2 7908 3093International: +1 (404) 975-4839Access Code: 604986 © 2025 Light & Wonder, Inc. All rights reserved. About Light & Wonder, & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,500+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it's all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more visit View source version on Contacts Company Contact: Investor Relations: +1 (702) 532-7614IR@
Yahoo
01-04-2025
- Business
- Yahoo
At US$86.61, Is Light & Wonder, Inc. (NASDAQ:LNW) Worth Looking At Closely?
Light & Wonder, Inc. (NASDAQ:LNW), is not the largest company out there, but it received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$111 at one point, and dropping to the lows of US$85.14. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Light & Wonder's current trading price of US$86.61 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Light & Wonder's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Good news, investors! Light & Wonder is still a bargain right now. According to our valuation, the intrinsic value for the stock is $141.17, but it is currently trading at US$86.61 on the share market, meaning that there is still an opportunity to buy now. What's more interesting is that, Light & Wonder's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. View our latest analysis for Light & Wonder Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to more than double over the next couple of years, the future seems bright for Light & Wonder. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? Since LNW is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on LNW for a while, now might be the time to make a leap. Its prosperous future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy LNW. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed investment decision. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Be aware that Light & Wonder is showing 2 warning signs in our investment analysis and 1 of those shouldn't be ignored... If you are no longer interested in Light & Wonder, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
17-02-2025
- Business
- Yahoo
Is Light & Wonder, Inc. (LNW) the Hottest Gambling Stock of 2025 So Far?
We recently compiled a list of the . In this article, we are going to take a look at where Light & Wonder, Inc. (NASDAQ:LNW) stands against the other hottest gambling stocks. The battle for betting supremacy is heating up in the US. As one streaming giant makes its move to acquire NFL streaming rights, another is gearing up to be the biggest bookmaker in the country. Sports betting is beginning to shape up as a major revenue generator in the country. Just 7 years ago, the betting volume in the country stood at $400 million. In 2024, a whopping $14.2 billion was spent on sports betting! People have taken a liking to enhance the thrill and excitement of live sports viewing and many companies are taking full advantage of that. This rise in the use of bets to enhance the viewing experience is an attractive investment opportunity for investors. The gambling sector consists of many small caps that could skyrocket as the industry strengthens its foothold in the country. At the same time, there is a regulatory hurdle that the country still has to cross before putting money in gambling or casino stocks can be considered 'investment' in its purest form. Amid these risks and opportunities, people are bravely backing some companies to become major players in the industry. Some of these stocks are comfortably outperforming the broader market, a trend that is likely to continue in 2025. We therefore decided to look at the stocks that are dominating the sector so far in 2025. To come up with our list of the 10 hottest gambling stocks of 2025 so far, we only considered stocks with a market cap of at least $100 million that were outperforming the S&P 500. A close-up of a customer playing a gambling game on a computer tablet. Light & Wonder, Inc. (NASDAQ:LNW) is a gaming company that operates through the iGaming, SciPlay, and Gaming segments. The company also serves the casino and gambling industry through products like video lottery terminals, card shufflers, chip sorters, deck checkers, and other gaming equipment. Its stock is up 12.32% so far this year, outperforming the S&P 500's 4.19% YTD returns. One of the things that attracts investors to Light & Wonder, Inc. (NASDAQ:LNW) is its strong management. After the company went into debt to finance M&A deals that didn't turn out well, it was unable to judge the changing consumer preferences in the gambling industry. That all changed with a new management which not only turned the company's books around but also focused on key segments like social gaming, gaming equipment, and services. All three of these segments showed double-digit growth in the third quarter. It therefore doesn't come as a surprise that the stock is rallying just before the Q4 earnings scheduled for 25th February. Overall LNW ranks 10th on our list of the hottest gambling stocks of 2025 so far. While we acknowledge the potential of LNW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as LNW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
