WEBTOON Entertainment (NASDAQ:WBTN) Given New $25.00 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• WEBTOON Entertainment's price target has been increased from $18.00 to $25.00 by Deutsche Bank, indicating a potential upside of 29.41% from its current trading price.
• The company reported earnings of $0.07 per share, exceeding analysts' expectations and showing a revenue increase of 8.5% compared to the same quarter last year.
• Several analysts have upgraded their ratings for WEBTOON, contributing to an average rating of "Moderate Buy" with an average price target of $17.83.

WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) had its price target increased by analysts at Deutsche Bank Aktiengesellschaft from $18.00 to $25.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's target price points to a potential upside of 29.41% from the stock's current price.

A number of other equities research analysts have also commented on WBTN. Evercore ISI increased their price target on WEBTOON Entertainment from $20.00 to $23.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. increased their price target on WEBTOON Entertainment from $14.00 to $22.00 and gave the stock a "neutral" rating in a research note on Tuesday. Morgan Stanley increased their price target on WEBTOON Entertainment from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 13th. Wall Street Zen upgraded WEBTOON Entertainment from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 16th. Finally, Zacks Research upgraded WEBTOON Entertainment from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $17.83.

WEBTOON Entertainment Trading Up 29.1%

Shares of WBTN traded up $4.36 during trading hours on Tuesday, reaching $19.32. The stock had a trading volume of 3,778,351 shares, compared to its average volume of 478,507. WEBTOON Entertainment has a 12 month low of $6.75 and a 12 month high of $20.40. The firm has a 50-day simple moving average of $12.12 and a 200 day simple moving average of $9.89. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of -25.15 and a beta of 1.30.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of 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 worth $89,000 after purchasing an additional 774 shares in the last quarter. Signaturefd LLC boosted its stake in 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 in the last quarter. Bank of New York Mellon Corp boosted its stake in WEBTOON Entertainment by 8.3% in the first quarter. Bank of New York Mellon Corp now owns 35,310 shares of the company's stock worth $271,000 after buying an additional 2,709 shares in the last quarter. Deutsche Bank AG purchased a new stake in WEBTOON Entertainment in the fourth quarter worth approximately $54,000. Finally, CWM LLC boosted its stake in 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 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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