Jarden maintains Buy rating for Light & Wonder stock

Published on 10/06/2026 at 14:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jarden set an AUD 187.00 target on September 25, 2026. Light & Wonder stock costs EUR 68.00 on October 6, 2026 after EUR 67.75.

LNW, US80874P1093, Illustration mit AI erstellt.

Light & Wonder (ISIN US80874P1093) was trading at EUR 68.00 at Lang & Schwarz on October 6, 2026 at 2:06 p.m. CEST, plus 0.37 percent versus the prior close of EUR 67.75. Jarden analyst Liam Robertson maintained a Buy rating for Light & Wonder on September 25, 2026, and set an AUD 187.00 price target, as Markets Insider reported.

Second-quarter profit rises 23.29 percent

Light & Wonder reported second-quarter revenue of AUD 808.22 million and net profit of AUD 117.13 million, according to Markets Insider. Revenue was AUD 808.22 million in the quarter ending June 30, 2026, versus AUD 809.00 million in the comparable period, while net profit increased from AUD 95.00 million to AUD 117.13 million.

The earnings mix gives the rating a measurable operating foundation. Net profit rose 23.29 percent year over year even as quarterly revenue declined 0.10 percent, pointing to a sharper profit contribution from the reported sales base.

SciPlay leadership changes October 30

Josh Wilson is scheduled to step down as SciPlay chief executive officer when his contract ends on October 30, 2026, according to G3 Newswire on September 17, 2026. Chief Financial Officer Oliver Chow is set to provide interim executive oversight from November 1, while SciPlay remains a distinct reporting segment and the company reaffirmed its social casino strategy.

The transition puts attention on the digital gaming unit, but the published plan emphasizes continuity: SciPlay's existing leadership team will continue managing daily operations while Light & Wonder searches for a successor.

Buybacks add a capital return angle

Between April 1 and June 30, 2026, Light & Wonder repurchased 1,600,000 shares for USD 134 million, according to Simply Wall St in an update shared on October 1, 2026. The same update said the full program had repurchased 14,859,462 shares for USD 1,320 million.

That capital allocation figure is the clearest counterweight to the leadership change. It also provides a concrete reason the stock narrative combines operating performance, digital gaming execution and shareholder returns rather than relying on the rating alone.

Stock stands above prior close

At Lang & Schwarz, Light & Wonder stood at EUR 68.00 on October 6, 2026 at 2:06 p.m. CEST, up 0.37 percent from the prior close of EUR 67.75. The modest daily move leaves the Jarden target and the second-quarter profit comparison as the main quantified reference points for the stock.