LNWO · Light & Wonder, Inc. — research history
Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on LNWO. Public so users can audit, AI can re-reference. Live price refreshes every 60s.
About LNWO · Light & Wonder, Inc.
Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. It operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals and video lottery terminals, including conversion kits and spare parts. This segment also leases or provides gaming content, gaming machines, and server-based system; electronic pull-tabs and related services to charitable gaming entities; sells and supports casino-management system based software and hardware; licenses proprietary table games content; and supplies Shufflers and other table product utilities to commercial, tribal, and governmental gaming operators. The SciPlay segment develops, markets, and operates a portfolio of social games on various online platforms. 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 full control over various areas of digital gaming operations. It also supplies, maintains, and sells table game products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment; and sells virtual coins, chips, or bingo cards, which players can use to play casino-style slot games, table games, and bingo games. Light & Wonder, Inc. was incorporated in 1984 and is headquartered in Las Vegas, Nevada.
Live Quote
HOLD (score -1) · 12-1 mom -1.8% · RSI 50.2 · above_50_only · -30.3% from high
Targets blend Wall Street consensus (5 analysts: low $107.99 / mean $122.35 / high $144.00) with chart-derived floors and ceilings.
1-Year Chart · RSI · MACD
Research Timeline
Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.
Light & Wonder (LNW/LNWO) is a $6.2B market cap cross-platform gaming company with three segments: Gaming (~50% revenue), SciPlay social casino games (~25%), and iGaming (~15%). The investigation trigger cited 3 Form 4 filings in the last 14 days, but upon detailed inspection all were RSU vesting/grant events (codes A/M at $0 exercise price) by CEO Matthew Wilson (30,182 RSUs vest 05/22), CFO Oliver Chow (12,073 RSUs vest 05/22), and SVP Siobhan Lane (12,073 RSUs vest 05/22). There are NO open-market purchases on record. The stock trades at a cheap forward P/E of ~8.5x with strong FCF generation ($461M) but missed Q1 EPS by -11% (-7.35% earnings surprise), revenue also down -7.48%, and has dropped from $88 YTD to ~$79, now below both the 50-DMA (83.44) and 200-DMA (91.07). The company delisted from Nasdaq in November 2025 to a sole ASX listing. Options expiries returned empty — no listed derivatives exist for LNWO.