Evercore ISI Issues Pessimistic Forecast for WEBTOON Entertainment (NASDAQ:WBTN) Stock Price

WEBTOON Entertainment (NASDAQ:WBTN) had its price target dropped by investment analysts at Evercore ISI from $23.00 to $20.00 in a report released on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Evercore ISI’s price objective would indicate a potential upside of 61.94% from the company’s previous close.

Other research analysts also recently issued reports about the company. JPMorgan Chase & Co. increased their price objective on WEBTOON Entertainment from $14.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. The Goldman Sachs Group upped their target price on shares of WEBTOON Entertainment from $11.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of WEBTOON Entertainment in a research report on Wednesday, October 8th. Zacks Research raised shares of WEBTOON Entertainment from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Finally, Morgan Stanley upped 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. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $17.33.

WEBTOON Entertainment Stock Performance

Shares of WBTN traded down $4.47 during mid-day trading on Thursday, hitting $12.35. 1,808,010 shares of the company were exchanged, compared to its average volume of 527,067. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of -16.06 and a beta of 1.74. WEBTOON Entertainment has a 1-year low of $6.75 and a 1-year high of $22.47. The company has a 50 day moving average of $17.72 and a 200-day moving average of $12.80.

WEBTOON Entertainment (NASDAQ:WBTN) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. WEBTOON Entertainment had a negative return on equity of 0.13% and a negative net margin of 7.24%.The company had revenue of $378.04 million during the quarter, compared to analyst estimates of $385.21 million. During the same period in the previous year, the business earned $0.15 EPS. WEBTOON Entertainment’s quarterly revenue was up 8.7% on a year-over-year basis. WEBTOON Entertainment has set its Q4 2025 guidance at EPS. Research analysts anticipate that WEBTOON Entertainment will post -0.26 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WEBTOON Entertainment

Hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp increased its position in shares of WEBTOON Entertainment by 8.3% during the 1st quarter. Bank of New York Mellon Corp now owns 35,310 shares of the company’s stock worth $271,000 after purchasing an additional 2,709 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of WEBTOON Entertainment during the first quarter valued at about $131,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych purchased a new stake in shares of WEBTOON Entertainment in the 1st quarter valued at approximately $58,000. Deutsche Bank AG raised its stake in shares of WEBTOON Entertainment by 174.8% in the 1st quarter. Deutsche Bank AG now owns 11,012 shares of the company’s stock valued at $84,000 after acquiring an additional 7,005 shares during the period. Finally, Invesco Ltd. acquired a new position in shares of WEBTOON Entertainment in the 1st quarter worth approximately $123,000.

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.