Truist has adjusted its price target for Light & Wonder (LNW, Financial), reducing it from $115 to $110, while maintaining a Buy rating on the stock. The revision reflects growing uncertainties related to tariff issues, which have impacted the firm's confidence in its estimates.
Despite these concerns, Truist remains optimistic about the gaming sector, identifying it as one of the stronger segments within the consumer industry, which is currently facing a mixed outlook. The firm continues to view Light & Wonder as well-positioned within this space, despite the broader challenges.
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 $111.94 with a high estimate of $144.00 and a low estimate of $80.00. The average target implies an upside of 39.29% from the current price of $80.36. More detailed estimate data can be found on the Light & Wonder Inc (LNW) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Light & Wonder Inc's (LNW, Financial) average brokerage recommendation is currently 2.3, 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 $104.29, suggesting a upside of 29.78% from the current price of $80.36. 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.