Mizuho Maintains Underperform on Light & Wonder, Lowers Price Target to $79
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Mizuho analyst Ben Chaiken maintains Light & Wonder (NASDAQ:LNW) with a Underperform and lowers the price target from $83 to $79.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 1/16/2024 | $92.00 | Buy | The Benchmark Company |
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
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company") today released a video statement from President and Chief Executive Officer, Matt Wilson, on the recent developments on the litigation regarding Dragon Train. The video statement is available on our website at https://explore.investors.lnw.com, under the "Recent Events" section and archived under "Events and Presentations." About Light & Wonder, Inc. Light & 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
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will release its financial results for the third quarter of 2024, on Tuesday, November 12, 2024, 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. Participants may pre-register at any ti
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)
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
Maxim Group initiated coverage of Light & Wonder with a rating of Buy and set a new price target of $144.00
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
SC 13G/A - Light & Wonder, Inc. (0000750004) (Subject)
10-Q - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
8-K - Light & Wonder, Inc. (0000750004) (Filer)
In the preceding three months, 4 analysts have released ratings for Light & Wonder (NASDAQ:LNW), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 2 1 0 Last 30D 0 0 1 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 1 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $100.0, with a high estimate of $120.00 and a low estimate of $79.00. A negative shift in
Stifel analyst Jeffrey Stantial maintains Light & Wonder (NASDAQ:LNW) with a Hold and raises the price target from $98 to $106.
Truist Securities analyst Barry Jonas maintains Light & Wonder (NASDAQ:LNW) with a Buy and raises the price target from $115 to $120.
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
Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder" or the "Company"), announced today it will release its financial results for the third quarter of 2024, on Tuesday, November 12, 2024, 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. Participants may pre-register at any ti
13th Consecutive Quarter of Consolidated Revenue Growth, an Increase of 12% Year-Over-Year Strong Gaming Machine Sales, Record Gaming Operations Unit Expansion in North American Installed Base and Margin Expansion Fueled Earnings Growth Completed Share Repurchase Program, Returned $175 Million to Shareholders during the First Half of 2024 and Announced New $1 Billion Program Added to the Russell 1000 Index on June 28, 2024 Light & Wonder, Inc. (NASDAQ and ASX: LNW) ("Light & Wonder," "L&W," "we" or the "Company") today reported results for the second quarter ended June 30, 2024. We maintained strong momentum in the second quarter, delivering an 8th consecutive quarter of double-di
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