B. Riley Securities resumed coverage on Light & Wonder with a new price target
$LNW
EDP Services
Technology
B. Riley Securities resumed coverage of Light & Wonder with a rating of Buy and set a new price target of $120.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/19/2025 | Neutral → Buy | Citigroup | |
| 10/8/2024 | $120.00 | Buy | B. Riley Securities |
| 9/25/2024 | Neutral → Buy | UBS | |
| 8/26/2024 | $144.00 | Buy | Maxim Group |
| 5/10/2024 | $111.00 → $95.00 | Positive → Neutral | Susquehanna |
| 3/26/2024 | $83.00 | Underperform | Mizuho |
| 3/11/2024 | $105.00 → $110.00 | Buy → Neutral | Redburn Atlantic |
| 1/30/2024 | $98.00 | Overweight | JP Morgan |
Grover Charitable Gaming is a leading provider of electronic pull-tabs for charitable gaming in the U.S., with over 10,000 installed recurring revenue1 units across five U.S. states Opportunity to leverage L&W's leading land-based content into a scale recurring revenue1 base Highly cash generative earnings profile with strong underlying growth Highly accretive to value and earnings with high-single digit Adjusted NPATA per share accretion2 Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced that it has entered into a definitive agreement to acquire the charitable gaming assets ("Grover Charitable Gamin
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will release its financial results for the fourth quarter and year ended December 31, 2024, on Tuesday, February 25, 2025, after market close. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Earnings 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. Participan
Continued Double-Digit Consolidated Revenue Growth, an Increase of 12% Year-Over-Year Maintained Healthy Balance Sheet and Committed to $1.4 Billion FY 2025 Consolidated AEBITDA Target(1) Demonstrated Diversity and Strength of Game Portfolio across Our Business at G2E and AGE Added to the S&P/ASX 100 Index on September 25, 2024 Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the third quarter ended September 30, 2024. We maintained strong momentum in the third quarter and delivered our 9th consecutive quarter of double-digit consolidated revenue growth year-over-year, sustainable cash flow generation and return
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
4 - Light & Wonder, Inc. (0000750004) (Issuer)
Citigroup upgraded Light & Wonder from Neutral to Buy
B. Riley Securities resumed coverage of Light & Wonder with a rating of Buy and set a new price target of $120.00
UBS upgraded Light & Wonder from Neutral to Buy
Marchetti Served on Board of SciPlay Corporation Since 2019 Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W" or the "Company") announced today that Michael Marchetti has been appointed as a member of its Board of Directors. He previously served as a director of SciPlay Corporation. Light & Wonder acquired the remaining public shares of SciPlay in October of last year. Jamie Odell, Executive Chair of Light & Wonder, said, "We are pleased to welcome Michael to the Light & Wonder Board as a new independent director. Michael has a wealth of mobile gaming experience and a strong financial background that will help us continue to maximize value for our shareholders." "I'm
Matt Wilson Appointed Interim Chief Executive Officer Light & Wonder, Inc. (NASDAQ:LNW) ("Light & Wonder," "L&W" or the "Company"), today announced that Matt Wilson, Light & Wonder's Executive Vice President and Group Chief Executive of Gaming, has been appointed interim Chief Executive Officer while also continuing in his current role. In connection with the appointment, Barry Cottle has stepped down as President and Chief Executive Officer and a member of the Company's Board of Directors and will support a seamless transition as a consultant. The Company's Board has commenced a search process to identify a permanent CEO and has engaged a leading national executive search firm. The searc
8-K - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
Grover Charitable Gaming is a leading provider of electronic pull-tabs for charitable gaming in the U.S., with over 10,000 installed recurring revenue1 units across five U.S. states Opportunity to leverage L&W's leading land-based content into a scale recurring revenue1 base Highly cash generative earnings profile with strong underlying growth Highly accretive to value and earnings with high-single digit Adjusted NPATA per share accretion2 Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced that it has entered into a definitive agreement to acquire the charitable gaming assets ("Grover Charitable Gamin
Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced the promotion of Nathan Drane to Chief Product Officer (CPO). Nathan has been serving as Chief Product Officer of the Gaming business for the last year and has been with the Company since early 2021, after more than 12 years in various product-centric roles in the industry. In his expanded role as enterprise-wide CPO, Light & Wonder will bring all game creation across the Company under one department led by Drane. "I've personally worked with Nathan for many years, and I couldn't be happier for him to share his leadership and vision with the entire enterpr
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will release its financial results for the fourth quarter and year ended December 31, 2024, on Tuesday, February 25, 2025, after market close. The Company will host an investor conference call and simultaneous webcast the same day at 4:30 p.m. U.S. Eastern Time to discuss the results. Participants are encouraged to pre-register for the conference call by using the following link. To pre-register, click here: Light & Wonder Earnings 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. Participan
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)