WEBTOON Entertainment (NASDAQ:WBTN) Earns Sell (D-) Rating from Weiss Ratings

Key Points

• WEBTOON Entertainment has received a "sell (D-)" rating from Weiss Ratings, while some analysts have issued more favorable ratings, including Deutsche Bank's upgrade to a "buy" with a price target increase to $25.00.
• The company's stock has seen a 3.5% decline recently, trading at $17.57, with an average price target of $17.83 across various analysts.
• WEBTOON Entertainment reported a quarterly earnings per share of $0.07, exceeding estimates, and its revenue grew by 8.5% year-over-year, reaching $348.27 million.

WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report)'s stock had its "sell (d-)" rating reissued by research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their price target on WEBTOON Entertainment from $18.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday, September 16th. Wall Street Zen upgraded WEBTOON Entertainment from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 16th. Morgan Stanley lifted their price objective on WEBTOON Entertainment from $10.00 to $11.00 and gave the company an "equal weight" rating in a report on Wednesday, August 13th. The Goldman Sachs Group lifted their price objective on WEBTOON Entertainment from $11.00 to $15.00 and gave the company a "buy" rating in a report on Wednesday, August 13th. Finally, Evercore ISI lifted their price objective on WEBTOON Entertainment from $20.00 to $23.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $17.83.

WEBTOON Entertainment Stock Down 3.5%

WEBTOON Entertainment stock traded down $0.63 during mid-day trading on Wednesday, hitting $17.57. 222,792 shares of the company were exchanged, compared to its average volume of 530,395. The business has a fifty day moving average of $15.28 and a 200 day moving average of $11.09. The company has a market capitalization of $2.29 billion, a PE ratio of -22.82 and a beta of 1.80. WEBTOON Entertainment has a 1-year low of $6.75 and a 1-year high of $22.47.

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

Institutional Investors Weigh In On WEBTOON Entertainment

Several large investors have recently added to or reduced their stakes in WBTN. Bank of America Corp DE boosted its stake in WEBTOON Entertainment by 966.9% during the second quarter. Bank of America Corp DE now owns 823,708 shares of the company's stock valued at $7,479,000 after buying an additional 746,505 shares during the period. Optimize Financial Inc bought a new stake in WEBTOON Entertainment during the first quarter worth about $1,132,000. Norges Bank bought a new stake in WEBTOON Entertainment during the second quarter worth about $1,271,000. Jane Street Group LLC bought a new stake in WEBTOON Entertainment during the first quarter worth about $619,000. Finally, Walleye Capital LLC bought a new stake in WEBTOON Entertainment during the first quarter worth about $488,000.

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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