Analysts Set WEBTOON Entertainment Inc. (NASDAQ:WBTN) Target Price at $14.17

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.

Shares of WEBTOON Entertainment Inc. (NASDAQ:WBTN - Get Free Report) have received an average recommendation of "Moderate Buy" from the seven research firms that are currently covering the company, Marketbeat reports. Two 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 target price among analysts that have updated their coverage on the stock in the last year is $17.8333.

Several equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of WEBTOON Entertainment from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 16th. Evercore ISI raised 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. Zacks Research upgraded shares of WEBTOON Entertainment from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Morgan Stanley lifted their price target on shares of WEBTOON Entertainment from $10.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of WEBTOON Entertainment from $14.00 to $22.00 and gave the company a "neutral" rating in a research report on Tuesday.

Institutional Investors Weigh In On WEBTOON Entertainment

A number of hedge funds and other institutional investors have recently made changes to their positions in WBTN. Northern Trust Corp raised its position in shares of WEBTOON Entertainment by 6.8% in the fourth quarter. Northern Trust Corp now owns 128,310 shares of the company's stock valued at $1,742,000 after buying an additional 8,190 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of WEBTOON Entertainment in the fourth quarter valued at approximately $5,033,000. D. E. Shaw & Co. Inc. raised its position in shares of WEBTOON Entertainment by 69.0% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 29,273 shares of the company's stock valued at $398,000 after buying an additional 11,954 shares in the last quarter. Deutsche Bank AG acquired a new stake in shares of WEBTOON Entertainment in the fourth quarter valued at approximately $54,000. Finally, Millennium Management LLC raised its position in shares of WEBTOON Entertainment by 1,312.2% in the fourth quarter. Millennium Management LLC now owns 224,887 shares of the company's stock valued at $3,054,000 after buying an additional 208,962 shares in the last quarter.

WEBTOON Entertainment Trading Up 0.5%

WBTN stock traded up $0.10 during mid-day trading on Friday, hitting $21.10. 1,034,749 shares of the company were exchanged, compared to its average volume of 1,193,495. The business has a 50 day simple moving average of $12.80 and a 200-day simple moving average of $10.13. The stock has a market capitalization of $2.76 billion, a PE ratio of -27.40 and a beta of 1.34. WEBTOON Entertainment has a 1-year low of $6.75 and a 1-year high of $21.99.

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. The firm had revenue of $348.27 million during the quarter, compared to the consensus estimate 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 for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the business posted $0.20 earnings per share. WEBTOON Entertainment has set its Q3 2025 guidance at EPS. Equities research analysts expect that WEBTOON Entertainment will post -0.26 earnings per share for the current 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.