In the latest report, Benchmark analyst Mike Hickey has reaffirmed a "Buy" rating for Light & Wonder (LNW, Financial). Despite maintaining this positive outlook, Hickey has adjusted the stock's price target.
Previously set at USD 130.00, the new price target for Light & Wonder (LNW, Financial) has been lowered to USD 100.00. This marks a significant change with a percentage decrease of 23.08% from the prior target.
Light & Wonder (LNW, Financial) continues to trade on the NASDAQ exchange, with analysts watching closely for any further developments. Investors are advised to keep a keen eye on market changes as the stock navigates through these updated projections.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Light & Wonder Inc (LNW, Financial) is $110.13 with a high estimate of $144.00 and a low estimate of $84.00. The average target implies an upside of 27.93% from the current price of $86.09. More detailed estimate data can be found on the Light & Wonder Inc (LNW) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Light & Wonder Inc's (LNW, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Light & Wonder Inc (LNW, Financial) in one year is $102.96, suggesting a upside of 19.6% from the current price of $86.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Light & Wonder Inc (LNW) Summary page.
