Brokerages Set WEBTOON Entertainment Inc. (NASDAQ:WBTN) PT at $15.75

Shares of WEBTOON Entertainment Inc. (NASDAQ:WBTN) have received a consensus recommendation of “Hold” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $15.75.

A number of equities research analysts recently commented on WBTN shares. Wall Street Zen upgraded WEBTOON Entertainment from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of WEBTOON Entertainment in a research note on Monday, April 20th.

Institutional Investors Weigh In On WEBTOON Entertainment

Several hedge funds have recently bought and sold shares of WBTN. Invesco Ltd. bought a new position in shares of WEBTOON Entertainment during the first quarter worth $123,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of WEBTOON Entertainment in the 1st quarter valued at $228,000. Dynamic Technology Lab Private Ltd bought a new position in WEBTOON Entertainment during the first quarter worth about $129,000. Jane Street Group LLC bought a new position in WEBTOON Entertainment during the first quarter worth about $619,000. Finally, Geode Capital Management LLC grew its stake in WEBTOON Entertainment by 12.3% in the second quarter. Geode Capital Management LLC now owns 505,892 shares of the company’s stock valued at $4,594,000 after acquiring an additional 55,434 shares during the period.

WEBTOON Entertainment Stock Performance

WBTN opened at $10.75 on Friday. The company has a fifty day moving average price of $11.78 and a two-hundred day moving average price of $11.54. The firm has a market capitalization of $1.45 billion, a PE ratio of -4.22 and a beta of 2.48. WEBTOON Entertainment has a 52 week low of $8.30 and a 52 week high of $22.47.

WEBTOON Entertainment Company Profile

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.