Professional
Added to YB: 2026-09-10
Pitch date: 2026-09-07
LNW.AX [bullish]
Light & Wonder, Inc.
-1.3%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally.
Market Cap
AUD 7.0B
Pitch Price
AUD 90.00
Price Target
250.00 (+178%)
Dividend
N/A
EV/EBITDA
9.31
P/E
26.93
EV/Sales
3.58
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Idea Brunch #2 with Zack Buckley of Buckley Capital - Light & Wonder, Inc.
LNW.AX (added to position): Light & Wonder was increased to approximately a 10% position after falling from roughly $120 to the low $70s, as recent market-share weakness was judged to reflect product-launch timing rather than structural deterioration. Aristocrat’s first-half 2026 launches preceded Light & Wonder’s second-half-weighted slate, which is expected to reverse the weakness. The nearer-term and following-year targets imply approximately 50% and 100% upside, respectively.
Read full article (2 min)