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

WEBTOON Entertainment Inc. (NASDAQ:WBTN) has received an average recommendation of “Hold” from the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $15.75.

A number of analysts recently issued reports on the company. Wall Street Zen upgraded WEBTOON Entertainment from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of WEBTOON Entertainment in a research report on Monday, April 20th.

Hedge Funds Weigh In On WEBTOON Entertainment

A number of large investors have recently made changes to their positions in the company. Invesco Ltd. purchased a new stake in WEBTOON Entertainment in the 1st quarter worth about $123,000. Jacobs Levy Equity Management Inc. bought a new stake in WEBTOON Entertainment in the first quarter worth about $228,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of WEBTOON Entertainment during the first quarter valued at approximately $129,000. Jane Street Group LLC purchased a new position in shares of WEBTOON Entertainment during the first quarter valued at approximately $619,000. Finally, Geode Capital Management LLC grew its stake in shares of WEBTOON Entertainment by 12.3% during the second quarter. Geode Capital Management LLC now owns 505,892 shares of the company’s stock valued at $4,594,000 after buying an additional 55,434 shares during the last quarter.

WEBTOON Entertainment Stock Performance

Shares of WEBTOON Entertainment stock opened at $11.36 on Friday. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of -4.45 and a beta of 2.48. The stock has a 50 day moving average price of $11.87 and a 200-day moving average price of $11.57. WEBTOON Entertainment has a one year low of $8.30 and a one year high of $22.47.

About WEBTOON Entertainment

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.