WEBTOON Entertainment Inc. (NASDAQ:WBTN – Get Free Report) has been given an average rating of “Hold” by the nine research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $17.3333.
WBTN has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their price target on WEBTOON Entertainment from $14.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, September 16th. Zacks Research cut shares of WEBTOON Entertainment from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of WEBTOON Entertainment in a report on Wednesday, October 8th. UBS Group downgraded shares of WEBTOON Entertainment from a “buy” rating to a “neutral” rating in a report on Friday, November 14th. Finally, The Goldman Sachs Group raised their price target on shares of WEBTOON Entertainment from $11.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 13th.
Get Our Latest Analysis on WBTN
WEBTOON Entertainment Price Performance
WEBTOON Entertainment (NASDAQ:WBTN – Get Free Report) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.04 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.04. The business had revenue of $378.04 million during the quarter, compared to analyst estimates of $385.21 million. WEBTOON Entertainment had a negative return on equity of 2.14% and a negative net margin of 9.28%.The company’s revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the business posted $0.15 EPS. WEBTOON Entertainment has set its Q4 2025 guidance at EPS. Research analysts expect that WEBTOON Entertainment will post -0.26 earnings per share for the current year.
Hedge Funds Weigh In On WEBTOON Entertainment
Institutional investors and hedge funds have recently modified their holdings of the business. State of Alaska Department of Revenue acquired a new stake in WEBTOON Entertainment in the third quarter valued at approximately $55,000. Signaturefd LLC raised its stake in shares of WEBTOON Entertainment by 59.6% during the 2nd quarter. Signaturefd LLC now owns 3,375 shares of the company’s stock worth $31,000 after buying an additional 1,261 shares during the period. BNP Paribas Financial Markets lifted its position in shares of WEBTOON Entertainment by 103.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,548 shares of the company’s stock valued at $69,000 after buying an additional 1,804 shares in the last quarter. Chung Wu Investment Group LLC acquired a new stake in WEBTOON Entertainment in the 3rd quarter valued at $78,000. Finally, CWM LLC increased its holdings in WEBTOON Entertainment by 649.0% in the 2nd quarter. CWM LLC now owns 4,674 shares of the company’s stock worth $42,000 after acquiring 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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