
LNW Stock Forecast & Price Target
LNW Analyst Ratings
Bulls say
Light & Wonder demonstrated robust financial performance in the fourth quarter of 2024, with systems revenue reaching USD 88 million, reflecting a 24% year-over-year increase, which significantly exceeded market expectations. The direct-to-consumer penetration for its SciPlay division has shown promising growth, now at 13% and projected to improve, suggesting enhanced revenue opportunities as the company aims to leverage its R&D capabilities. Additionally, the gaming operations have seen consistent expansion, with the North American installed base growing for the 18th consecutive quarter, positioning Light & Wonder favorably for sustained long-term growth amid increased regulatory acceptance in the gaming sector.
Bears say
Light & Wonder's outlook is negatively affected by a significant decline in international outright sales, which fell to 3.6k units, representing a 51% year-over-year decrease, indicating a challenging market environment. Despite a 25% increase in North American unit sales, the overall earnings momentum remains weak, with analysts reflecting concerns over earnings downgrades and lower-quality earnings stemming from lumpier cash conversion in outright sales. Additionally, the company's expected delay in iGaming legalization until 2026 and beyond further compounds the uncertainty regarding future revenue growth, as the gaming landscape evolves.
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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