WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.06), Zacks reports. The firm had revenue of $352.85 million during the quarter, compared to the consensus estimate of $351.00 million. WEBTOON Entertainment updated its Q1 2025 guidance to EPS.
WEBTOON Entertainment Trading Down 1.2 %
WBTN stock traded down $0.11 during trading on Friday, hitting $9.04. The company had a trading volume of 288,509 shares, compared to its average volume of 449,550. The business has a 50-day moving average of $12.32 and a 200-day moving average of $12.01. WEBTOON Entertainment has a one year low of $8.75 and a one year high of $25.66. The stock has a market cap of $1.16 billion and a PE ratio of 19.65.
Wall Street Analyst Weigh In
WBTN has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their price objective on WEBTOON Entertainment from $12.00 to $10.00 and set a "neutral" rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft lowered their price objective on WEBTOON Entertainment from $18.00 to $16.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. Morgan Stanley lowered their price objective on WEBTOON Entertainment from $16.00 to $13.00 and set an "equal weight" rating for the company in a research note on Wednesday. Finally, The Goldman Sachs Group reduced their target price on WEBTOON Entertainment from $25.00 to $15.00 and set a "buy" rating on the stock in a report on Wednesday. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, WEBTOON Entertainment has a consensus rating of "Moderate Buy" and an average price target of $17.33.
Read Our Latest Stock Report on WEBTOON Entertainment
About WEBTOON Entertainment
(
Get Free Report)
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.
Featured Stories
Before you consider WEBTOON Entertainment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WEBTOON Entertainment wasn't on the list.
While WEBTOON Entertainment currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
