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Analysts Upbeat on Light & Wonder’s New US$2 Billion EBITDA Target for 2028

Summary by IAG
Light & Wonder’s newly initiated US$2 billion Adjusted EBITDA target is reasonable and in line with expectations, with the company also providing a pathway for its share price to grow further, according to Truist Securities. The global gaming firm announced its new US$2 billion target during an Investor Day this week, representing a significant increase from the US$1.4 billion in Adjusted EBITDA it has set itself for 2025. In a note, Truist’s Ba…
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IAG broke the news in on Wednesday, May 21, 2025.
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