WEBTOON Entertainment (NASDAQ:WBTN) Posts Quarterly Earnings Results, Meets Estimates

WEBTOON Entertainment (NASDAQ:WBTN) issued its quarterly earnings data on Wednesday. The company reported $0.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.04, FiscalAI reports. WEBTOON Entertainment had a negative return on equity of 0.13% and a negative net margin of 7.24%.The business had revenue of $378.04 million during the quarter, compared to analyst estimates of $385.21 million. During the same period in the prior year, the company posted $0.15 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. WEBTOON Entertainment updated its Q4 2025 guidance to EPS.

WEBTOON Entertainment Stock Performance

NASDAQ WBTN opened at $16.82 on Thursday. The business’s fifty day moving average is $17.72 and its two-hundred day moving average is $12.80. The stock has a market capitalization of $2.20 billion, a P/E ratio of -21.84 and a beta of 1.74. WEBTOON Entertainment has a 1 year low of $6.75 and a 1 year high of $22.47.

Analyst Ratings Changes

WBTN has been the subject of a number of analyst reports. The Goldman Sachs Group boosted their price target on WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, August 13th. Morgan Stanley lifted their price objective on shares of WEBTOON Entertainment from $10.00 to $11.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. upped their price objective on shares of WEBTOON Entertainment from $14.00 to $22.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Zacks Research upgraded shares of WEBTOON Entertainment from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Evercore ISI dropped their price target on shares of WEBTOON Entertainment from $23.00 to $20.00 and set an “outperform” rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $17.33.

Institutional Investors Weigh In On WEBTOON Entertainment

Hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP purchased a new stake in shares of WEBTOON Entertainment in the third quarter valued at $259,000. Vanguard Group Inc. lifted its stake in WEBTOON Entertainment by 22.8% in the third quarter. Vanguard Group Inc. now owns 427,623 shares of the company’s stock valued at $8,300,000 after acquiring an additional 79,295 shares during the last quarter. Bank of America Corp DE lifted its stake in WEBTOON Entertainment by 966.9% in the second quarter. Bank of America Corp DE now owns 823,708 shares of the company’s stock valued at $7,479,000 after acquiring an additional 746,505 shares during the last quarter. Ameriprise Financial Inc. grew its position in WEBTOON Entertainment by 4.4% in the second quarter. Ameriprise Financial Inc. now owns 865,698 shares of the company’s stock worth $7,861,000 after acquiring an additional 36,175 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of WEBTOON Entertainment by 8.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,816 shares of the company’s stock worth $89,000 after purchasing an additional 774 shares during 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.