WEBTOON Entertainment Inc. (NASDAQ:WBTN) Receives Average Rating of “Hold” from Analysts

Shares of WEBTOON Entertainment Inc. (NASDAQ:WBTN) have received a consensus rating of “Hold” from the nine brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $15.75.

Several research firms have weighed in on WBTN. Wall Street Zen upgraded WEBTOON Entertainment from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Evercore reiterated an “outperform” rating and set a $15.00 target price on shares of WEBTOON Entertainment in a report on Wednesday, March 4th. HSBC lowered WEBTOON Entertainment from a “buy” rating to a “hold” rating and set a $11.50 target price on the stock. in a report on Wednesday, March 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of WEBTOON Entertainment in a report on Monday, April 20th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $10.00 target price on shares of WEBTOON Entertainment in a report on Thursday, March 5th.

WEBTOON Entertainment Stock Performance

WBTN stock opened at $11.49 on Tuesday. The business’s 50-day moving average price is $12.02 and its two-hundred day moving average price is $11.79. The firm has a market cap of $1.55 billion, a PE ratio of -4.51 and a beta of 2.48. WEBTOON Entertainment has a 1-year low of $8.23 and a 1-year high of $22.47.

Institutional Trading of WEBTOON Entertainment

Institutional investors have recently modified their holdings of the company. Brandywine Global Investment Management LLC bought a new stake in shares of WEBTOON Entertainment in the fourth quarter valued at about $3,903,000. FNY Investment Advisers LLC bought a new stake in shares of WEBTOON Entertainment in the third quarter valued at about $39,000. AXQ Capital LP bought a new stake in shares of WEBTOON Entertainment in the third quarter valued at about $311,000. The Manufacturers Life Insurance Company bought a new stake in shares of WEBTOON Entertainment in the first quarter valued at about $145,000. Finally, Parallel Advisors LLC lifted its holdings in shares of WEBTOON Entertainment by 620.4% in the first quarter. Parallel Advisors LLC now owns 4,445 shares of the company’s stock valued at $41,000 after purchasing an additional 3,828 shares in the last quarter.

About WEBTOON Entertainment

Webtoon Entertainment Inc operates WEBTOON, a leading digital comics platform offering a diverse library of user-generated and professionally produced webcomics. The company enables creators around the world to publish serialized content in a vertical-scrolling format optimized for mobile and web consumption. Through its platform, readers can access thousands of titles across genres such as romance, fantasy, drama, and action, with both free-to-read episodes and advanced access options supported by microtransactions and advertising.

Founded as part of Naver Corporation and launched internationally in 2014, Webtoon Entertainment has grown rapidly by fostering a direct connection between comic creators and global audiences.