WEBTOON Entertainment Inc. Common Stock (WBTN)

• Market cap: $1.43B
• Sector: Materials
• Industry: Miscellaneous Publishing

About: Webtoon Entertainment Inc is a global storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting 24 million creators with approximately 170 million monthly active users in over 150 countries around the world.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

13.88% more ownership

Funds ownership: 0% [Q1] → 13.88% (+13.88%) [Q2]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $17 52% upside
• Avg. target: $30 171% upside
• High target: $62 455% upside

10 analyst ratings

• positive: 7 70%
• neutral: 3 30%
• negative: 0 0%

HSBC	106% upside $23	Buy Initiated	4 Sept 2024
Morgan Stanley Matthew Cost 80% 1-year accuracy 4 / 5 met price target	52% upside $17	Equal-Weight Maintained	16 Aug 2024
Deutsche Bank Benjamin Black 67% 1-year accuracy 10 / 15 met price target	61% upside $18	Buy Maintained	12 Aug 2024
Goldman Sachs Eric Sheridan 63% 1-year accuracy 31 / 49 met price target	392% upside $55	Buy Maintained	12 Aug 2024
Evercore ISI Group Mark Mahaney 69% 1-year accuracy 22 / 32 met price target	142% upside $27	Outperform Maintained	12 Aug 2024