-
Posted by
Two Blokes May 19 -
Filed in
Stock
-
2 views
IGT's Q1 FY 2025 double-miss and lowered guidance have narrowed upside, but the stock remains undervalued versus peers. Lottery tailwinds, strong iLottery growth, and disciplined debt management support ongoing free cash flow and capital returns. I'm reducing my price target from $25 to $21.50–$22, reflecting a more cautious outlook but still projecting a 27–30% upside.