VCP Scanner
Stock Screener
Filter stocks with fundamental & technical criteria
Technical Scanner
RSI, Moving averages & volume momentum signals
Market Themes
Curated industry baskets & thematic leaders
Earnings Hub
Calendar, EPS surprise stats & earnings transcripts
Market News
Real-time market intelligence & AI overviews
Insider Buying
SEC Form 4 corporate insider purchases
Minervini — VCPContraction bases in Stage 2 uptrends
Minervini — Trend TemplateFull 8-rule Stage 2 screen
O'Neil — Cup with HandleBase breakouts with RS leadership
O'Neil — CANSLIM LeadersGrowth leaders with RS ≥ 85
Qullamaggie — High Tight FlagsPower plays after a large advance
Qullamaggie — Momentum Leaders1/3/6-month strength leaders
Livermore — Pivotal PointsMulti-touch resistance breakouts
View All Playbooks...
Breakouts
FAANG & Tech
AAPL vs MSFTNVDA vs AMDGOOGL vs META
Cloud & Cyber
CRM vs NOWCRWD vs PANWSNOW vs DDOG
Consumer & Auto
TSLA vs FAMZN vs WMTNFLX vs DIS
Finance & Crypto
JPM vs BACV vs MACOIN vs MSTR
Index & ETFs
SPY vs QQQVTI vs VOOSPY vs IWM
Compare Any Stocks...
DCF ValuationCalculate intrinsic value of US stocks
Market ValuationBuffett indicator, CAPE & macro gauges
Total ReturnSee dividends + price return history
DCA CalculatorSimulate recurring buys & compounding
VisualizeInteractive multi-year financial charts
Watchlist
Breakouts
WatchlistPricing
Ctrl K
Pricing
LNW
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Analyze deeply. Research with clarity.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • Pricing
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly market insights — free

© 2026 VCP Scanner
AboutPrivacyTermsRefund Policy
Not financial advice. Do your own research.
ScreenerBreakoutsCompareWatchlist
LNWLight & Wonder, Inc.
$97.97$8.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
LNW logo

Light & Wonder, Inc.

LNW
NASDAQ · Casinos & Gaming
$97.97
At close - Jul 2, 4:00 PM EDT - USD
Market Cap$8.13B
P/E26.6x
52W High$122.65
Volume88.1K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2025Q3

Margin Expansion Offsets High Leverage Debt Profile

Light & Wonder is successfully pivoting toward high-margin digital content, evidenced by gross margins expanding to 74.2% in 2025Q3. However, the company's aggressive capital return strategy, including $110.0M in quarterly share repurchases, occurs against a b...

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

LNW price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

+53% Peers

P/E is 53% above peer median

03

Market leadership

RS 62 · Avg

Average momentum (RS Rating: 62)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · May 24
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Operating margins have scaled to 27.2% in 2025Q3 from 15.5% in 2023Q2, reflecting improved efficiency despite revenue growth normalizing to 2.9%.

Analyst Consensus+30.8% target
Hold(13 analysts)
5 Buy6 Hold2 Sell

The Bull Case

Upside Catalysts

DCF valuation potential

Light & Wonder Inc's DCF value calculation suggests the stock may be undervalued, presenting a buying opportunity.

Strong analyst coverage

Numerous Australian fund managers have provided commentary on LNW, indicating strong institutional interest.

Sustainable growth commitment

The company's focus on sustainability aligns with global trends, potentially enhancing long-term growth prospects.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
LNW-4.93%
S&P 500 (^GSPC)+12.39%
1-Year Return
LNW+12.24%
S&P 500 (^GSPC)+15.77%
3-Year Return
LNW+37.39%
S&P 500 (^GSPC)+82.26%
5-Year Return
LNW+22.88%
S&P 500 (^GSPC)+68.35%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
26.6x
Forward P/EExpansion
15.9x
EV/EBITDA20th %ile
11.5x
FCF YieldCash Flow
4.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
26.6x
23.5x
67th· Fair
EV/EBITDA
11.5x
12.4x
20th· Low
Price/FCF
24.1x
21.9x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$92.50-5.6%
Base (Fair)$161.73+65.1%
Bull$267.70+173.2%
$92.50 Bear$161.73 Base$267.70 Bull
Current Market Price: $97.97
Trades at a 39.4% discount to Base DCF ($161.73)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$3.19B+9.9% YoY
Net income
$336M+106.1% YoY
Free cash flow
$338M-2.9% YoY
Operating margin
21%+3.1 pts YoY
ROIC (TTM)11.6%
Avg ROIC 5Y-
ROE (TTM)48%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate6/12 (55%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026Latest
Feb 24, 2026
$1.92+8.5%
vs $1.77
$890M
vs —
Q4 2025
Nov 5, 2025
$1.37+1.5%
vs $1.35
$841M-3.0%
vs $867M
Q3 2025
Aug 6, 2025
$1.13-16.3%
vs $1.35
$809M-4.9%
vs $851M
Q2 2025
May 7, 2025
$0.97-17.1%
vs $1.17
$774M-4.2%
vs $808M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

3 Stories
Business Wire·Sep 16, 2026
Light & Wonder Announces Transition of SciPlay CEO

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (together with its subsidiaries, “Light & Wonder,” “L&W” or the “Company”) today announced that Josh Wilson will step down as Chief Executive Officer (CEO) of SciPlay, the Company's social casino business, effective October 30, 2026, on the conclusion of his current contract term. The Company has commenced a search for Josh's successor, and Josh will remain in his role through October 30, to support an orderly handover. Eff.

TechCrunch·Sep 9, 2026
‘Gambling with our lives': Anthropic researcher quits, warns against self-improving AI

An Anthropic researcher has resigned over fears that unrestrained development of self-improving AI models will end up killing us all.

Business Wire·Aug 4, 2026
Light & Wonder, Inc. Reports Second Quarter 2026 Results

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today reported results for the second quarter ended June 30, 2026. Light & Wonder delivered another quarter of consolidated earnings growth and margin expansion across all business segments, underpinned by its highly diversified business model and disciplined capital allocation, with continued strong cash flow generation and momentum expected to build into the second half.

Filtered for Light & Wonder, Inc.More Headlines
04

Compare before deciding

Benchmark LNW against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Light & Wonder, Inc. (LNW)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
LNW logoLNWLight & Wonder, Inc.Current
$97.97$8.13B26.629.86%10.54%47.97%—
ACEL logoACELAccel Entertainment, Inc.
$11.08$901.83M18.478.12%4.08%20.44%—
DKNG logoDKNGDraftKings Inc.
$21.25$10.54B-2623.4626.99%-2.68%-26.3%—
RSI logoRSIRush Street Interactive, Inc.
$20.56$2.38B146.8622.76%2.33%10.33%—
PENN logoPENNPENN Entertainment, Inc.
$15.56$2.08B-2.675.82%-12.66%-48.65%—
GENI logoGENIGenius Sports Limited
$6.12$1.58B-13.9131.04%-22.99%-25.71%—

Compare LNW vs Peers

Light & Wonder, Inc. (LNW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ACEL

Most directly comparable listed peer for LNW.

Scale Benchmark

vs DKNG

Larger-name benchmark to compare LNW against a more recognizable public peer.

Peer Set

Compare Top 5

vs ACEL, DKNG, RSI, PENN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

LNW SEC Filings & Documents

Light & Wonder, Inc. (LNW) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Feb 24, 2026·SEC

Material company update

Jan 22, 2026·SEC

Material company update

Nov 14, 2025·SEC

10-K Annual Reports

2
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 25, 2025·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 7, 2025·SEC

Get notified when LNW posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

LNW Frequently Asked Questions

Light & Wonder, Inc. (LNW) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Light & Wonder, Inc.'s revenue?

Light & Wonder, Inc. (LNW) reported $3.22B in revenue for fiscal year 2024. This represents a 2002% increase from $153.2M in 1995.

How fast is Light & Wonder, Inc. growing?

Light & Wonder, Inc. (LNW) grew revenue by 9.9% over the past year. This is steady growth.

Is LNW profitable?

Yes, Light & Wonder, Inc. (LNW) is profitable, generating $399.0M in net income for fiscal year 2024 (10.5% net margin).

Dividend & Returns
What is LNW's return on equity?

Light & Wonder, Inc. (LNW) has a return on equity (ROE) of 48.0%. This is excellent, indicating efficient use of shareholder capital.

What is Light & Wonder, Inc.'s free cash flow?

Light & Wonder, Inc. (LNW) generated $389.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in LNW back in 1995?

Total return calculator · dividends reinvested · 31+ years of data

See returns →