WEBTOON Entertainment Inc. (NASDAQ:WBTN) Given Average Rating of “Hold” by Brokerages

WEBTOON Entertainment Inc. (NASDAQ:WBTN) has been assigned a consensus rating of “Hold” from the eight analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $17.8333.

A number of brokerages have recently issued reports on WBTN. The Goldman Sachs Group increased their target price on WEBTOON Entertainment from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 13th. Evercore ISI increased their price target on WEBTOON Entertainment from $20.00 to $23.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft boosted their price objective on WEBTOON Entertainment from $18.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, September 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of WEBTOON Entertainment in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised WEBTOON Entertainment from a “strong sell” rating to a “hold” rating in a report on Saturday, August 16th.

Hedge Funds Weigh In On WEBTOON Entertainment

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue purchased a new position in WEBTOON Entertainment during the third quarter worth about $55,000. Signaturefd LLC lifted its stake in shares of WEBTOON Entertainment by 59.6% during the second quarter. Signaturefd LLC now owns 3,375 shares of the company’s stock valued at $31,000 after buying an additional 1,261 shares during the period. CWM LLC increased its stake in WEBTOON Entertainment by 649.0% in the second quarter. CWM LLC now owns 4,674 shares of the company’s stock valued at $42,000 after purchasing an additional 4,050 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych acquired a new position in WEBTOON Entertainment during the first quarter worth approximately $58,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in WEBTOON Entertainment by 8.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,816 shares of the company’s stock valued at $89,000 after acquiring an additional 774 shares during the period.

WEBTOON Entertainment Price Performance

WBTN opened at $17.53 on Monday. The firm has a fifty day moving average price of $17.35 and a 200 day moving average price of $12.37. WEBTOON Entertainment has a 1 year low of $6.75 and a 1 year high of $22.47. The stock has a market cap of $2.29 billion, a P/E ratio of -22.77 and a beta of 1.75.

WEBTOON Entertainment (NASDAQ:WBTN) last released its quarterly earnings data on Tuesday, August 12th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. The company had revenue of $348.27 million during the quarter, compared to analysts’ expectations of $341.63 million. WEBTOON Entertainment had a negative net margin of 7.24% and a negative return on equity of 0.13%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.20 earnings per share. WEBTOON Entertainment has set its Q3 2025 guidance at EPS. Equities analysts expect that WEBTOON Entertainment will post -0.26 EPS for the current year.

WEBTOON Entertainment Company Profile

WEBTOON Entertainment Inc operates a storytelling platform worldwide. The company’s platform allows a community of creators and users to discover, create, and share new content. Its platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories.