WEBTOON Entertainment Inc. (NASDAQ:WBTN) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• WEBTOON Entertainment Inc. (NASDAQ:WBTN) has received a consensus rating of "Moderate Buy" from analysts, with two holds and five buy ratings.
• The company's stock price has seen an increase in target prices from notable brokerages, including a rise from $11.00 to $15.00 by Goldman Sachs and $20.00 to $23.00 by Evercore ISI.
• WEBTOON reported earnings of $0.07 per share for its last quarter, surpassing estimates, with revenue increasing 8.5% year-over-year to $348.27 million.

WEBTOON Entertainment Inc. (NASDAQ:WBTN - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $15.4286.

WBTN has been the topic of several recent research reports. Citigroup initiated coverage on shares of WEBTOON Entertainment in a research note on Thursday, May 15th. They issued a "buy" rating and a $11.00 price objective on the stock. Evercore ISI lifted their price objective on shares of WEBTOON Entertainment from $20.00 to $23.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. The Goldman Sachs Group lifted their price objective on shares of WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a "buy" rating in a research note on Wednesday, August 13th. Wall Street Zen raised shares of WEBTOON Entertainment from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 16th. Finally, Morgan Stanley lifted their price objective on shares of WEBTOON Entertainment from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 13th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Signaturefd LLC boosted its holdings in shares of WEBTOON Entertainment by 59.6% in the second quarter. Signaturefd LLC now owns 3,375 shares of the company's stock worth $31,000 after buying an additional 1,261 shares during the period. CWM LLC boosted its holdings in shares of WEBTOON Entertainment by 649.0% in the second quarter. CWM LLC now owns 4,674 shares of the company's stock worth $42,000 after buying an additional 4,050 shares during the period. Deutsche Bank AG acquired a new position in shares of WEBTOON Entertainment in the fourth quarter worth about $54,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych acquired a new position in shares of WEBTOON Entertainment in the first quarter worth about $58,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of WEBTOON Entertainment by 8.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,816 shares of the company's stock worth $89,000 after buying an additional 774 shares during the period.

WEBTOON Entertainment Price Performance

Shares of WBTN traded up $0.84 during mid-day trading on Wednesday, hitting $15.18. The company's stock had a trading volume of 492,514 shares, compared to its average volume of 1,301,597. The firm has a 50-day moving average price of $10.29 and a 200 day moving average price of $9.42. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of -19.71 and a beta of 1.12. WEBTOON Entertainment has a fifty-two week low of $6.75 and a fifty-two week high of $18.45.

WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) last announced its quarterly earnings data on Tuesday, August 12th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.05. The company had revenue of $348.27 million for 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 business's revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS. WEBTOON Entertainment has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that WEBTOON Entertainment will post -0.26 EPS for the current fiscal year.

About WEBTOON Entertainment

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.