Webtoon Entertainment Inc has a consensus price target of $26.83 based on the ratings of 6 analysts. The high is $55 issued by Goldman Sachs on August 12, 2024. The low is $16 issued by Deutsche Bank on November 5, 2024. The 3 most-recent analyst ratings were released by Deutsche Bank, HSBC, and Morgan Stanley on November 5, 2024, September 4, 2024, and August 16, 2024, respectively. With an average price target of $18.67 between Deutsche Bank, HSBC, and Morgan Stanley, there's an implied 56.93% upside for Webtoon Entertainment Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Webtoon Entertainment (NASDAQ:WBTN) was reported by Deutsche Bank on November 5, 2024. The analyst firm set a price target for $16.00 expecting WBTN to rise to within 12 months (a possible 34.51% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Webtoon Entertainment (NASDAQ:WBTN) was provided by Deutsche Bank, and Webtoon Entertainment maintained their buy rating.
There is no last upgrade for Webtoon Entertainment
There is no last downgrade for Webtoon Entertainment.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Webtoon Entertainment, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Webtoon Entertainment was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.
While ratings are subjective and will change, the latest Webtoon Entertainment (WBTN) rating was a maintained with a price target of $18.00 to $16.00. The current price Webtoon Entertainment (WBTN) is trading at is $11.90, which is out of the analyst’s predicted range.
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