Light & Wonder stock falls 1.41 percent as Q2 profit rises

Published on 10/05/2026 at 23:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Light & Wonder stock posted USD 120 million in Q2 net income for the quarter ended June 30, 2026. Revenue reached USD 828 million, while 18 analysts set a USD 117.47 average target.

LNW, US80874P1093, Illustration mit AI erstellt.

Light & Wonder stock (ISIN US80874P1093) was last at USD 75.72 on Nasdaq at 3:59 p.m. ET on October 5, 2026, down 1.41 percent. For the quarter ended June 30, 2026, net income reached USD 120 million, giving the gaming group a concrete earnings anchor as the stock traded near the lower end of its yearly range.

Q2 profit rises to USD 120 million

Light & Wonder reported revenue of USD 828 million and diluted earnings per share of USD 1.53 for Q2 2026, according to Trend Core. The same report put the year-ago revenue at USD 809 million and net income at USD 95 million.

That comparison implies revenue growth of 2.3 percent and net income growth of 26.3 percent. The earnings mix is more important than the topline alone because the company is carrying significant debt, making profit conversion and cash generation central measures for the equity story.

SciPlay leadership changes in October

Business Wire reported on September 16, 2026, that SciPlay CEO Josh Wilson will leave at the end of his contract on October 30, 2026. CFO Oliver Chow will take executive oversight of the social casino segment from November 1, 2026, while Light & Wonder searches for a successor.

The release said SciPlay will remain a distinct reporting segment and that its strategy and portfolio will not change. For shareholders, the transition places execution responsibility and continuity at the center of the social casino contribution after a quarter in which total net income exceeded the year-ago result by USD 25 million.

Analysts see USD 117.47 target

Marketscreener lists a Buy consensus from 18 analysts, with an average price target of USD 117.47 and a mean consensus label of Buy, in its September 16, 2026 company update. The consensus target is USD 41.75 above the October 5 price, a difference of 55.1 percent.

The market valuation therefore depends on whether earnings growth can continue while the group manages leverage and leadership succession. The next hard checkpoint is the Q3 report, which Marketscreener lists for November 3, 2026.

Stock stays above yearly low

Light & Wonder stock was last at USD 75.72 on Nasdaq at 3:59 p.m. ET on October 5, 2026, down 1.41 percent, with a 52-week range of USD 70-122.65 and market capitalization of USD 6.0 billion.