WEBTOON Entertainment (NASDAQ:WBTN) Issues Quarterly Earnings Results

Key Points

• WEBTOON Entertainment reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.01.
• The stock increased by 2.4% following the earnings report, with a trading price of $9.36 and a market cap of $1.22 billion.
• Analysts have adjusted their price targets, with Evercore ISI lowering it from $23.00 to $20.00, and now the average target price sits at $14.36 indicating a consensus rating of "Moderate Buy".

WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05, Briefing.com reports. The business had revenue of $348.27 million for the quarter, compared to the consensus estimate of $341.63 million. WEBTOON Entertainment had a negative return on equity of 0.13% and a negative net margin of 7.24%. The company's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 EPS. WEBTOON Entertainment updated its Q3 2025 guidance to EPS.

WEBTOON Entertainment Trading Down 8.9%

WBTN stock traded down $1.47 during trading on Friday, reaching $14.97. The stock had a trading volume of 1,386,372 shares, compared to its average volume of 1,174,220. The company has a market capitalization of $1.96 billion, a P/E ratio of -19.44 and a beta of 1.12. The firm has a fifty day moving average price of $9.66 and a 200 day moving average price of $9.37. WEBTOON Entertainment has a 1-year low of $6.75 and a 1-year high of $18.45.

Analyst Ratings Changes

WBTN has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their target price on WEBTOON Entertainment from $11.00 to $15.00 and gave the company a "buy" rating in a report on Wednesday. Morgan Stanley upped their price target on WEBTOON Entertainment from $10.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday. Wall Street Zen upgraded WEBTOON Entertainment from a "strong sell" rating to a "hold" rating in a research report on Saturday. Evercore ISI increased their price objective on WEBTOON Entertainment from $20.00 to $23.00 and gave the stock an "outperform" rating in a research report on Wednesday. Finally, Citigroup assumed coverage on WEBTOON Entertainment in a research report on Thursday, May 15th. They issued a "buy" rating and a $11.00 price objective for the company. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, WEBTOON Entertainment currently has a consensus rating of "Moderate Buy" and an average target price of $15.43.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of WEBTOON Entertainment by 966.9% during the 2nd quarter. Bank of America Corp DE now owns 823,708 shares of the company's stock worth $7,479,000 after purchasing an additional 746,505 shares during the last quarter. Norges Bank acquired a new stake in shares of WEBTOON Entertainment during the 2nd quarter worth approximately $1,271,000. Jane Street Group LLC acquired a new position in WEBTOON Entertainment during the first quarter valued at approximately $619,000. Geode Capital Management LLC boosted its holdings in shares of WEBTOON Entertainment by 12.3% in the second quarter. Geode Capital Management LLC now owns 505,892 shares of the company's stock valued at $4,594,000 after buying an additional 55,434 shares during the period. Finally, Jump Financial LLC bought a new stake in WEBTOON Entertainment during the second quarter worth $376,000.

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.