How to Buy Light & Wonder Stock
Light & Wonder Inc
Light & Wonder, Inc. develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally.
Light & Wonder stock last closed at $85.38, up 0.35% from the previous day, and has decreased 4.35% in one year. It has underperformed other stocks in the Gambling industry by 0.07 percentage points. Light & Wonder stock is currently +13.15% from its 52-week low of $75.46, and -25.76% from its 52-week high of $115.00.
As of Apr 30, 2025, there are 84.47M LNW shares outstanding. The market cap of LNW is $7.21B. In the past 24 hours, 1.03M LNW shares were traded.
How to Buy Light & Wonder Stock
Wondering how to invest in Light & Wonder stock? Here's how.
- Figure out where to buy Light & Wonder stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Light & Wonder stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your method of payment and add your details.
- Analyze Light & Wonder stock: The Light & Wonder ticker symbol is LNW. Is Light & Wonder stock a good investment? Should you buy shares of LNW? How do LNW's underlying business fundamentals look? Do top analysts think Light & Wonder is a good buy? Why has LNW's stock price moved recently? (Hint: Our stock research website can help you figure out if LNW is a good stock to buy).
- Place your LNW trade: Decide if you will purchase LNW shares at the current market price or use a limit order to buy LNW shares at a specific price.
- Watch your LNW investment: Create a watchlist to the latest updates on your investment in Light & Wonder shares.
Step 1: Figure out where to buy Light & Wonder stock
You will need a brokerage account to access the NASDAQ market and buy LNW stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to invest in LNW today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new trading account.
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Step 3: Fund your brokerage account
Now that you've filled out your info on one of the most highly reviewed stock apps, you need to deposit funds:
Watch the video below if you need help transferring funds into your new investment account.
Step 4: Analyze Light & Wonder stock
After you have selected the best place to buy Light & Wonder stock, it's absolutely critical to research their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Light & Wonder Numbers
LNW Overview
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on LNW's stock page.
How is LNW stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LNW's true value.
Using relative valuations methods:
- LNW may be undervalued based on its P/E ratio of 22.65x, relative to Gambling industry P/E ratio of 507.93x
- LNW may be overvalued based on its P/B ratio of 11.34x, relative to Gambling industry P/B ratio of 5.68x
- LNW may be undervalued based on its PEG ratio of 0.66x
You can access additional valuation research on LNW's stock here.
A look at LNW Cashflows and Balance Sheet
Pros:
- LNW profit margin has gone up from 5.6% to 10.5% in the past year.
- There are more short-term assets than short-term liabilities on the LNW balance sheet.
- Total LNW debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- LNW has a relatively high debt to equity ratio of 7.52.
- LNW's operating cash flow of $632.00M allows it to safely service it's debt of $3.90B.
- LNW earnings of $714.00M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the LNW balance sheet.
Is LNW stock a Buy, Hold, or Sell, according to analysts?
Out of 8 sell side analysts who give ratings on LNW, the consensus analyst rating on LNW is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent LNW Analyst Ratings
Chad Beynon, a bottom 9% analyst from Macquarie maintains LNW with a buy rating and raises their LNW price target from $122.00 to $125.00, on Feb 26, 2025.
Jeffrey Stantial, a bottom 8% analyst from Stifel Nicolaus maintains LNW with a hold rating and raises their LNW price target from $90.00 to $104.00, on Feb 19, 2025.
David Katz, a top 22% analyst from Jefferies maintains LNW with a strong buy rating and raises their LNW price target from $120.00 to $121.00, on Jan 15, 2025.
Jefferies's David Katz raised their price target on Light & Wonder (NASDAQ: LNW) by 0.8% from $120 to $121 on 2025/01/15. The analyst maintained their Strong Buy rating on the stock.
Katz explained that they raised their price target because Jefferies believes "expectations are well aligned" for Light & Wonder to achieve its target of $1.4B of adjusted EBITDA in 2025.
The analyst added that their firm does acknowledge that "the path to this level has shifted since the guidance was given in 2022/05."
Katz explained that he slower-than-expected evolution of iGaming is being offset by better-than-expected social gaming progress and strength in land-based gaming releases.
You can dig deeper into what analysts are projecting on the Light & Wonder stock forecast page.
Metrics for Advanced LNW Traders
Is LNW Growing Revenue?
Last year, LNW earnings were $336.00M. In the last three year, LNW's earnings have gone up by -28.57% per year. This was slower than the Gambling industry average of 66.68%.
Last year, LNW revenue was $3.19B. During the last 5 year, LNW's revenue has grown by 5.95% per year. This was slower than the Gambling industry average of 62.46%.
You can research LNW's earnings and revenue performance here.
What are LNW insiders up to?
In the past year, insiders at LNW have sold more shares than they have bought.
Oliver Chow, EVP CFO Treas of LNW, was the latest LNW insider to sell. They sold $73,949.15 worth of LNW shares on Mar 20, 2025.
Learn more about who owns LNW shares here.
Can I rely on LNW as an income stream?
No, Light & Wonder doesn't provide an income stream by paying out dividends.
LNW Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your LNW trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require more help with buying stocks on eToro, watch the how to video below:
Step 6: Watch your LNW investment
Now that you own some shares in LNW, you'll want to stay up-to-date on your new shares.
Add LNW to a watchlist to monitor your LNW stock.
LNW Feed
How to Buy Stock in Light & Wonder
To reiterate, here are the 6 steps you need to take to buy Light & Wonder stock right now:
- Figure out where to buy Light & Wonder stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Light & Wonder stock
- Place your LNW trade
- Watch your LNW investment
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Light & Wonder, create a watchlist today.
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