Analyst Price Target is $96.75
▲ +9.36% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Light & Wonder in the last 3 months. The average price target is $96.75, with a high forecast of $115.00 and a low forecast of $66.00. The average price target represents a 9.36% upside from the last price of $88.47.
Current Consensus is
Moderate Buy
The current consensus among 11 contributing investment analysts is to moderate buy stock in Light & Wonder. This Moderate Buy consensus rating has held steady for over two years.
Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. The company operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals; video lottery terminals, including conversion kits and spare parts; and table products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment. It also leases or provides gaming content, gaming machines, and server-based system; sells and supports casino-management system based software and hardware; and licenses proprietary table games content to commercial, tribal and governmental gaming operators. The SciPlay segment develops, markets, and operates social games on various mobile and web platforms, as well as other games in the hyper-casual space. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. The iGaming segment provides a suite of digital gaming content, distribution platforms, player account management systems, and other iGaming content and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. Light & Wonder, Inc. was incorporated in 1984 and is headquartered in Las Vegas, Nevada.
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