WEBTOON Entertainment (WBTN) Set to Announce Quarterly Earnings on Thursday

WEBTOON Entertainment (NASDAQ:WBTN) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect WEBTOON Entertainment to post earnings of ($0.74) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

WEBTOON Entertainment Stock Performance

WEBTOON Entertainment stock opened at $21.00 on Wednesday. WEBTOON Entertainment has a fifty-two week low of $17.52 and a fifty-two week high of $25.66.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on WEBTOON Entertainment in a report on Monday, July 22nd. They set a “buy” rating and a $25.00 price target on the stock. Evercore ISI began coverage on WEBTOON Entertainment in a research note on Monday, July 22nd. They set an “outperform” rating and a $30.00 target price on the stock. The Goldman Sachs Group started coverage on shares of WEBTOON Entertainment in a research report on Monday, July 22nd. They issued a “buy” rating and a $62.00 price target for the company. JPMorgan Chase & Co. initiated coverage on shares of WEBTOON Entertainment in a research report on Monday, July 22nd. They set a “neutral” rating and a $23.00 price objective on the stock. Finally, Morgan Stanley initiated coverage on shares of WEBTOON Entertainment in a research report on Monday, July 22nd. They issued an “equal weight” rating and a $23.00 target price for the company. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, WEBTOON Entertainment presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.60.

WEBTOON Entertainment Company Profile

Our Vision To be the world’s storytelling technology platform empowering creation by anyone, for everyone. WEBTOON is a global storytelling platform where a vibrant community of creators and users discover, create and share new content. We have pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication.