Streetbeat News

WBTN

Webtoon Entertainment Inc.

Open

10.69

Mkt cap

1.4B

Volume

492K

High

11.17

P/E Ratio

-12.08

52-wk high

25.66

Low

10.56

Div yield

N/A

52-wk low

10.05

WEBTOON Entertainment Inc. reported a strong year-over-year revenue growth of 9.5% for the third quarter of 2024, with a robust 13.5% growth on a constant currency basis.

Portfolio Pulse from

November 07, 2024 | 9:30 pm

Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against WEBTOON Entertainment, Inc. (NASDAQ: WBTN) and certain officers, offering investors with substantial losses the opportunity to lead the lawsuit.

Portfolio Pulse from

November 05, 2024 | 9:15 pm

Levi & Korsinsky has announced a class action lawsuit against WEBTOON Entertainment Inc. (NASDAQ:WBTN) with a lead plaintiff deadline of November 4, 2024. Investors who suffered losses are encouraged to seek potential recovery under federal securities laws.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against WEBTOON Entertainment, Inc. (NASDAQ:WBTN) and certain officers for alleged violations of federal securities laws related to their IPO on June 27, 2024.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

The article highlights three oversold stocks in the communication services sector with potential for short-term gains: Tencent Music Entertainment Group (TME), Douyu International Holdings Ltd (DOYU), and Webtoon Entertainment Inc (WBTN). These stocks have RSI values below 30, indicating they are oversold. TME reported a slight revenue decline and missed analyst estimates, while DOYU and WBTN also reported revenue declines and missed expectations. Despite recent stock price declines, these companies may present buying opportunities.

Portfolio Pulse from Avi Kapoor

September 16, 2024 | 11:35 am

HSBC has initiated coverage on Webtoon Entertainment with a Buy rating and set a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 5:38 pm

Morgan Stanley analyst Matthew Cost maintains an Equal-Weight rating on Webtoon Entertainment (NASDAQ:WBTN) but lowers the price target from $23 to $17.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:36 am

Deutsche Bank analyst Benjamin Black maintains a Buy rating on Webtoon Entertainment (NASDAQ:WBTN) but lowers the price target from $25 to $18.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 5:27 pm

Goldman Sachs analyst Eric Sheridan maintains a Buy rating on Webtoon Entertainment (NASDAQ:WBTN) but lowers the price target from $62 to $55.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 4:02 pm

Analysts have provided mixed evaluations of Webtoon Entertainment (NASDAQ:WBTN) over the past three months, with a range of ratings from bullish to bearish. The average 12-month price target has increased to $31.67. Key analysts have adjusted their ratings and price targets, reflecting their views on the company's market position and financial performance.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 3:00 pm

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