WEBTOON Entertainment Inc. (NASDAQ:WBTN) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• WEBTOON Entertainment Inc. has received a consensus rating of "Moderate Buy" from analysts, with an average 12-month price target of $14.17.
• The company reported earnings per share of $0.07 for the last quarter, exceeding estimates and marking an 8.5% increase in revenue year-over-year.
• Several investment firms have raised their price objectives for WEBTOON, with Evercore ISI setting a target of $23.00 and Goldman Sachs raising theirs to $15.00.

WEBTOON Entertainment Inc. (NASDAQ:WBTN - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven brokerages that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $14.1667.

Several equities research analysts have recently issued reports on WBTN shares. Evercore ISI increased their price objective on shares of WEBTOON Entertainment from $20.00 to $23.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 13th. Morgan Stanley increased 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 report on Wednesday, August 13th. The Goldman Sachs Group increased their price objective on shares of WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Zacks Research raised shares of WEBTOON Entertainment from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Finally, Wall Street Zen raised shares of WEBTOON Entertainment from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 16th.

WEBTOON Entertainment Stock Performance

Shares of NASDAQ:WBTN opened at $14.24 on Friday. WEBTOON Entertainment has a 52 week low of $6.75 and a 52 week high of $18.45. The company has a market capitalization of $1.86 billion, a PE ratio of -18.49 and a beta of 1.34. The company has a 50 day moving average price of $12.00 and a two-hundred day moving average price of $9.85.

WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) last issued 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. WEBTOON Entertainment had a negative net margin of 7.24% and a negative return on equity of 0.13%. The company had revenue of $348.27 million during the quarter, compared to the consensus estimate of $341.63 million. During the same quarter in the prior year, the firm earned $0.20 earnings per share. The firm's revenue was up 8.5% compared to the same quarter last year. WEBTOON Entertainment has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that WEBTOON Entertainment will post -0.26 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in WBTN. Signaturefd LLC grew its position in WEBTOON Entertainment by 59.6% in the second quarter. Signaturefd LLC now owns 3,375 shares of the company's stock valued at $31,000 after purchasing an additional 1,261 shares in the last quarter. CWM LLC grew its position 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 in the last quarter. Deutsche Bank AG bought a new position in WEBTOON Entertainment in the fourth quarter valued at $54,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new position in WEBTOON Entertainment in the first quarter valued at $58,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in 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 valued at $89,000 after purchasing an additional 774 shares in the last quarter.

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.

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