Macquarie lifts target to AUD 185.00 for Light & Wonder stock
Published on 10/15/2026 at 22:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading levels
- Macquarie set an AUD 185.00 target for Light & Wonder on October 8, 2026.
- Light & Wonder is scheduled to report third-quarter results on November 4, 2026.
- Light & Wonder stock costs EUR 72.75 at Lang & Schwarz on October 15, 2026 at 10:56 p.m. CEST.
- Light & Wonder had a USD 6.0 billion market capitalization on October 15, 2026.
Macquarie lifted its target for Light & Wonder to AUD 185.00 in a note dated October 8, 2026. That target stands 59.37 percent above the ASX close of AUD 116.08 on October 15, 2026, based on the report carried by Futu. At Lang & Schwarz, Light & Wonder stock was trading at EUR 72.75 on October 15, 2026 at 10:56 p.m. CEST.
Results date sets the next marker
Light & Wonder is scheduled to report third-quarter 2026 results on November 4, 2026, with the conference call listed for 5:00 p.m. Eastern Time. The date appears in the company's investor calendar, which also identifies the event as an earnings call. Light & Wonder had previously scheduled its second-quarter call for August 4, 2026.
Second-quarter figures provide scale
For the quarter ended June 30, 2026, Light & Wonder reported revenue of AUD 808.22 million and net profit of AUD 117.13 million, compared with AUD 809.00 million and AUD 95.00 million a year earlier. The Globe and Mail reported those figures from the latest earnings release. The result gives the upcoming report a clear comparison point, particularly for profit development.
Trading range remains wide
Light & Wonder closed at AUD 116.08 on the ASX on October 15, 2026, unchanged on the day. The stock was down 26.33 percent year to date and traded within a 52-week range of AUD 102.66 to AUD 182.50, according to iGaming Times. The current ASX price therefore stood 13.08 percent above the 52-week low and 36.39 percent below the high.
Comparison with peers
Light & Wonder (ASX, AUD): 0.00 percent, market capitalization USD 6.0 billion
DraftKings (Nasdaq, USD): plus 2.17 percent, P/E minus 60.27, market capitalization USD 9.6 billion
Aristocrat Leisure (ASX, AUD): 0.00 percent
After-hours price stays central
The euro quotation gives German investors a separate trading perspective from the ASX close. Light & Wonder operates across gaming, social casino and iGaming, while the company has described its three businesses as complementary parts of one global games platform.
Light & Wonder stock was trading at EUR 72.75 at Lang & Schwarz on October 15, 2026 at 10:56 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Light & Wonder stock.
Light & Wonder market data
- Company: Light & Wonder, Inc.
- ISIN: US80874P1093
- Ticker: LNW
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 15, 2026, 10:56 p.m. CEST): EUR 72.75
- Market capitalization: USD 6.0 billion (as of October 15, 2026)
- 52-week range: AUD 102.66-182.50 (as of October 15, 2026)
- Sector / Industry: Consumer Cyclical / Gambling, Resorts & Casinos
- Index membership: S&P/ASX 200
- Next earnings date: November 4, 2026
Market context: Market report S&P/ASX 200.
