Shares of WEBTOON Entertainment Inc. (NASDAQ:WBTN – Get Free Report) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $17.8333.
A number of brokerages recently weighed in on WBTN. Zacks Research raised WEBTOON Entertainment from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 25th. Morgan Stanley raised their price objective on WEBTOON Entertainment from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 13th. The Goldman Sachs Group raised their price objective on WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft raised their price objective on WEBTOON Entertainment from $18.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Wall Street Zen upgraded WEBTOON Entertainment from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 16th.
View Our Latest Stock Report on WEBTOON Entertainment
Institutional Investors Weigh In On WEBTOON Entertainment
WEBTOON Entertainment Stock Up 0.5%
NASDAQ:WBTN opened at $21.10 on Friday. The business’s 50-day moving average price is $12.80 and its 200 day moving average price is $10.13. The firm has a market cap of $2.76 billion, a P/E ratio of -27.40 and a beta of 1.34. WEBTOON Entertainment has a 52-week low of $6.75 and a 52-week high of $21.99.
WEBTOON Entertainment (NASDAQ:WBTN – Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. The firm had revenue of $348.27 million for the quarter, compared to analyst estimates of $341.63 million. WEBTOON Entertainment had a negative return on equity of 0.13% and a negative net margin of 7.24%.WEBTOON Entertainment’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.20 earnings per share. WEBTOON Entertainment has set its Q3 2025 guidance at EPS. Sell-side analysts expect that WEBTOON Entertainment will post -0.26 EPS for the current year.
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.
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