WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Tuesday, August 12th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $341.63 million for the quarter.
WEBTOON Entertainment Trading Down 2.7%
Shares of NASDAQ:WBTN traded down $0.25 during trading on Friday, hitting $8.92. 207,545 shares of the company were exchanged, compared to its average volume of 222,236. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of -6.19 and a beta of 1.12. WEBTOON Entertainment has a fifty-two week low of $6.75 and a fifty-two week high of $20.48. The firm has a fifty day moving average price of $9.21 and a two-hundred day moving average price of $9.38.
Analyst Ratings Changes
WBTN has been the topic of several recent analyst reports. Evercore ISI lowered their price target on WEBTOON Entertainment from $23.00 to $20.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 14th. The Goldman Sachs Group lowered their price target on WEBTOON Entertainment from $15.00 to $11.00 and set a "buy" rating on the stock in a research report on Thursday, May 15th. Morgan Stanley lowered their price target on WEBTOON Entertainment from $13.00 to $10.50 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Finally, Citigroup assumed coverage on WEBTOON Entertainment in a report on Thursday, May 15th. They set a "buy" rating and a $11.00 target price on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, WEBTOON Entertainment presently has an average rating of "Moderate Buy" and a consensus target price of $14.36.
Get Our Latest Stock Report on WBTN
Institutional Inflows and Outflows
A number of 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 acquired a new position in shares of WEBTOON Entertainment during the 1st quarter worth approximately $129,000. Jane Street Group LLC bought a new stake in WEBTOON Entertainment in the 1st quarter valued at $619,000. Finally, Geode Capital Management LLC boosted its stake in WEBTOON Entertainment by 12.3% in the 2nd quarter. Geode Capital Management LLC now owns 505,892 shares of the company's stock valued at $4,594,000 after purchasing an additional 55,434 shares during the period.
WEBTOON Entertainment Company Profile
(
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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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