Morgan Stanley keeps AUD 181.00 target for Light & Wonder stock

Published on 10/20/2026 at 21:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 828.00 million, up 2.00 percent year over year. Light & Wonder stock costs EUR 75.75 on October 20, 2026 at 9:14 p.m. CEST.

Analyst target and reporting date

Morgan Stanley set an AUD 181.00 target for Light & Wonder on October 7, 2026.
Second-quarter revenue reached USD 828.00 million, up 2.00 percent year over year.
Light & Wonder stock costs EUR 75.75 at Lang & Schwarz on October 20, 2026 at 9:14 p.m. CEST.
Third-quarter results are scheduled for November 4, 2026.

LNW, US80874P1093, Illustration mit AI erstellt.

Light & Wonder stock (ISIN US80874P1093) is trading at EUR 75.75 at Lang & Schwarz on October 20, 2026 at 9:14 p.m. CEST. On October 7, 2026, Morgan Stanley maintained a Buy rating and set a target of AUD 181.00, according to Markets Insider.

Target remains above ASX price

The Morgan Stanley target stands 48.86 percent above the ASX price of AUD 121.59 reported at 4:10 p.m. AEDT on October 20, 2026. The target is therefore a separate Australian-dollar valuation reference rather than a replacement for the euro quotation used by German investors.

Macquarie had set a higher AUD 185.00 target on October 7, 2026, according to Markets Insider. That target is 52.31 percent above the same ASX price, leaving the two cited targets separated by AUD 4.00.

Revenue rose 2.00 percent

For the second quarter ended June 30, 2026, Light & Wonder reported USD 828.00 million in revenue, up 2.00 percent from the prior year. Net income increased 26.00 percent to USD 120.00 million, while adjusted EBITDA rose 9.00 percent to USD 383.00 million, according to LCB.

November 4 results date

Light & Wonder is scheduled to release third-quarter results on November 4, 2026, after the US market close. The company confirmed the date in a release carried by Business Wire. The related investor call is scheduled for 5:00 p.m. Eastern Time on the same date.

Valuation and trading frame

Light & Wonder had an ASX market capitalization of AUD 9.4 billion and a price-to-earnings ratio of 25.52 on October 20, 2026. Its 52-week range was AUD 96.79 to AUD 193.00, placing the latest ASX price AUD 24.80 above the low and AUD 71.41 below the high.

Light & Wonder is a cross-platform games company with electronic games, casino and entertainment activities. The company says its global team has more than 6,500 members, while the ASX listing identifies the ticker as LNW.

Euro quotation after hours

For investors in Germany, the euro quotation is the cleanest trading reference in the current report. Light & Wonder was trading at EUR 75.75 at Lang & Schwarz on October 20, 2026 at 9:14 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Light & Wonder stock.