WEBTOON Entertainment (NASDAQ:WBTN) Shares Down 4.5% – What’s Next?

WEBTOON Entertainment Inc. (NASDAQ:WBTN) dropped 4.5% on Wednesday . The stock traded as low as $13.82 and last traded at $13.8940. Approximately 183,491 shares traded hands during trading, a decline of 66% from the average daily volume of 545,013 shares. The stock had previously closed at $14.55.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WBTN shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of WEBTOON Entertainment in a research note on Wednesday, October 8th. UBS Group downgraded WEBTOON Entertainment from a “buy” rating to a “neutral” rating in a research report on Friday, November 14th. Evercore ISI dropped their price objective on WEBTOON Entertainment from $23.00 to $20.00 and set an “outperform” rating for the company in a report on Thursday, November 13th. JPMorgan Chase & Co. upped their price target on WEBTOON Entertainment from $14.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 16th. Finally, The Goldman Sachs Group lifted their target price on WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $17.33.

WEBTOON Entertainment Stock Down 4.6%

The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of -13.76 and a beta of 1.74. The company has a fifty day moving average of $17.34 and a two-hundred day moving average of $13.07.

WEBTOON Entertainment (NASDAQ:WBTN) last posted its earnings results on Wednesday, November 12th. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. WEBTOON Entertainment had a negative return on equity of 2.14% and a negative net margin of 9.28%.The company had revenue of $378.04 million for the quarter, compared to analyst estimates of $385.21 million. During the same quarter in the prior year, the company earned $0.15 earnings per share. WEBTOON Entertainment’s revenue was up 8.7% compared to the same quarter last year. WEBTOON Entertainment has set its Q4 2025 guidance at EPS. Equities analysts anticipate that WEBTOON Entertainment Inc. will post -0.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WEBTOON Entertainment

Several institutional investors and hedge funds have recently modified their holdings of WBTN. Signaturefd LLC lifted its stake in shares of WEBTOON Entertainment by 59.6% in the second quarter. Signaturefd LLC now owns 3,375 shares of the company’s stock valued at $31,000 after buying an additional 1,261 shares during the period. CWM LLC grew its stake in shares of WEBTOON Entertainment by 649.0% during the second quarter. CWM LLC now owns 4,674 shares of the company’s stock valued at $42,000 after purchasing an additional 4,050 shares during the last quarter. State of Alaska Department of Revenue bought a new position in WEBTOON Entertainment in the 3rd quarter worth approximately $55,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych acquired a new position in shares of WEBTOON Entertainment during the 1st quarter worth about $58,000. Finally, BNP Paribas Financial Markets raised its position in shares of WEBTOON Entertainment by 103.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,548 shares of the company’s stock valued at $69,000 after acquiring an additional 1,804 shares during the period.

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.