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

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

Evercore ISI Group analyst Mark Mahaney maintains an Outperform rating on Webtoon Entertainment (NASDAQ:WBTN) but lowers the price target from $30 to $27.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 2:05 pm

Webtoon Entertainment shares are trading lower after the company reported worse-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 3:26 pm

WEBTOON Entertainment reported its Q3 revenue to be between $332 million and $338 million, surpassing the estimated $326.7 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:21 pm

Webtoon Entertainment (NASDAQ:WBTN) reported Q2 2024 adjusted EPS of $0.20, beating the $0.09 estimate by 122.22%. However, sales of $321.00M missed the $326.74M estimate by 1.76%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:20 pm

Comcast Corporation (NASDAQ:CMCSA) shares fell 6.1% after reporting worse-than-expected Q2 sales results. Other notable stock movements include Azitra, Inc. (NYSE:AZTR) jumping 529% due to a new patent, and Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) rising 148% after advancing a study. General Motors Company (NYSE:GM) fell 6.1% after delaying EV projects.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 5:21 pm

JP Morgan has initiated coverage on Webtoon Entertainment (NASDAQ:WBTN) with a Neutral rating and a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 2:19 pm

Deutsche Bank has initiated coverage on Webtoon Entertainment (NASDAQ:WBTN) with a Buy rating and set a price target of $25.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 12:15 pm

Evercore ISI Group has initiated coverage on Webtoon Entertainment (NASDAQ:WBTN) with an Outperform rating and a price target of $30.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 10:15 am

Morgan Stanley has initiated coverage on Webtoon Entertainment (NASDAQ:WBTN) with an Equal-Weight rating and a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 10:10 am

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