WEBTOON Entertainment (NASDAQ:WBTN) Rating Lowered to Neutral at UBS Group

WEBTOON Entertainment (NASDAQ:WBTN) was downgraded by research analysts at UBS Group from a “buy” rating to a “neutral” rating in a research report issued on Friday.

A number of other research firms also recently issued reports on WBTN. JPMorgan Chase & Co. increased their price target on shares of WEBTOON Entertainment from $14.00 to $22.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 16th. The Goldman Sachs Group increased their target price 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 lifted their price target on WEBTOON Entertainment from $18.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, September 16th. Zacks Research raised WEBTOON Entertainment from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of WEBTOON Entertainment in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, WEBTOON Entertainment has a consensus rating of “Moderate Buy” and an average target price of $17.33.

WEBTOON Entertainment Price Performance

NASDAQ WBTN traded up $0.15 during trading on Friday, hitting $12.75. 540,560 shares of the company’s stock traded hands, compared to its average volume of 533,255. The stock has a fifty day moving average of $17.68 and a two-hundred day moving average of $12.80. WEBTOON Entertainment has a 12-month low of $6.75 and a 12-month high of $22.47. The firm has a market cap of $1.66 billion, a P/E ratio of -12.63 and a beta of 1.74.

WEBTOON Entertainment (NASDAQ:WBTN) last announced its quarterly 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 net margin of 9.28% and a negative return on equity of 2.14%. The business had revenue of $378.04 million during the quarter, compared to analysts’ expectations of $385.21 million. During the same quarter in the prior year, the company posted $0.15 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. WEBTOON Entertainment has set its Q4 2025 guidance at EPS. As a group, analysts expect that WEBTOON Entertainment will post -0.26 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WEBTOON Entertainment

Large investors have recently added to or reduced their stakes in the stock. Two Sigma Investments LP purchased a new stake in WEBTOON Entertainment during the 3rd quarter valued at $472,000. Marshall Wace LLP lifted its holdings in WEBTOON Entertainment by 1,281.8% in the third quarter. Marshall Wace LLP now owns 313,137 shares of the company’s stock valued at $6,078,000 after acquiring an additional 290,476 shares during the period. UBS Group AG boosted its position in WEBTOON Entertainment by 14.6% in the third quarter. UBS Group AG now owns 139,863 shares of the company’s stock worth $2,715,000 after purchasing an additional 17,773 shares during the last quarter. BNP Paribas Financial Markets grew its stake 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 purchasing an additional 1,804 shares during the period. Finally, Dimensional Fund Advisors LP bought a new stake in shares of WEBTOON Entertainment during the 3rd quarter valued at about $259,000.

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.