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) released its 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. WEBTOON Entertainment had a positive return on equity of 1.23% and a negative net margin of 12.77%. The firm had revenue of $348.27 million for the quarter, compared to analyst estimates of $341.63 million. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The company's quarterly revenue was up 8.5% on a year-over-year basis. WEBTOON Entertainment updated its Q3 2025 guidance to EPS.

WEBTOON Entertainment Trading Up 81.2%

Shares of NASDAQ:WBTN traded up $7.60 during trading on Wednesday, hitting $16.96. 15,080,382 shares of the company were exchanged, compared to its average volume of 407,552. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of -11.78 and a beta of 1.12. WEBTOON Entertainment has a fifty-two week low of $6.75 and a fifty-two week high of $18.45. The firm has a fifty day moving average price of $9.22 and a two-hundred day moving average price of $9.32.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in WBTN. Invesco Ltd. acquired a new position in shares of WEBTOON Entertainment during the 1st quarter worth approximately $123,000. Jacobs Levy Equity Management Inc. acquired a new position in shares of WEBTOON Entertainment during the 1st quarter worth approximately $228,000. Dynamic Technology Lab Private Ltd bought a new position in shares of WEBTOON Entertainment during the 1st quarter worth approximately $129,000. Jane Street Group LLC bought a new position in shares of WEBTOON Entertainment during the 1st quarter worth approximately $619,000. Finally, Geode Capital Management LLC boosted its stake in shares of WEBTOON Entertainment by 12.3% during the 2nd quarter. Geode Capital Management LLC now owns 505,892 shares of the company's stock worth $4,594,000 after acquiring an additional 55,434 shares during the period.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on WBTN shares. Morgan Stanley increased their target price on WEBTOON Entertainment from $10.00 to $11.00 and gave the company an "equal weight" rating in a research note on Wednesday. Evercore ISI increased their price target on WEBTOON Entertainment from $20.00 to $23.00 and gave the stock an "outperform" rating in a report on Wednesday. Citigroup initiated coverage on WEBTOON Entertainment in a report on Thursday, May 15th. They issued a "buy" rating and a $11.00 price target for the company. Finally, The Goldman Sachs Group increased their price target on WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a "buy" rating in a report on Wednesday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $15.43.

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.