WEBTOON ENTERTAINMENT INC (WBTN)
Communication Services · Digital storytelling and creator monetization platforms · NASDAQ
A global digital storytelling platform that empowers millions of creators to publish web-comics and web-novels to a 157-million-user community across 150+ countries, monetizing through premium content, advertising, and IP adaptations.
What WEBTOON ENTERTAINMENT INC does
WEBTOON is a global digital storytelling platform that connects 27 million creators with approximately 157 million monthly active users across over 150 countries. The platform allows creators to publish web-comics (graphical stories) and web-novels (text-based stories) in a serialized, episodic format, primarily optimized for mobile viewing. Users can consume content for free or pay to access premium content, and creators monetize through Paid Content revenue sharing, advertising, and intellectual property adaptations into film, streaming series, games, and merchandise.
Themes: Digital storytelling / web-comics and web-novels, Creator monetization / creator economy, Content IP and adaptations, User-generated content platforms, Mobile-first entertainment, Community engagement and fandom
Fundamentals
- Price$8.80 as of 2026-08-21 close
- Market cap$1.2B as of 2026-08-21
- 1-year return-38.6% 2025-08-21 close $14.34 → 2026-08-21 close $8.80
- P/En/a negative earnings
- Net margin-24.2% as of 2026-08-24
- Gross margin+24.2% as of 2026-08-24
- ROE-24.9% as of 2026-08-24
- Debt / equity0.00 as of 2026-08-24
- Revenue growth (YoY)+2.3% as of 2026-08-24
- Revenue CAGR (3y)+8.6% SEC XBRL
- Beta2.72 as of 2026-08-24
- Last reported earnings2026-08-10 SEC EDGAR Form 8-K (Item 2.02)
How WBTN compares in its sector
- net profit marginbottom 25% 132 covered Communication Services peers, as of 2026-08-24
- operating marginbottom 25% 132 covered Communication Services peers, as of 2026-08-24
- gross marginbottom 10% 132 covered Communication Services peers, as of 2026-08-24
- return on equitybottom 25% 132 covered Communication Services peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 121 covered Communication Services peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 114 covered Communication Services peers, as of FY2025
Position among covered Communication Services companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How WEBTOON ENTERTAINMENT INC looks technically
WEBTOON ENTERTAINMENT INC (WBTN) is trading 25.2% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 129 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive). It made a new 20-day low about 4 trading days ago. It is 60.8% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 25.2% below its 200-day average, the long-term trend line — a long-term downtrend | -25.2% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $10.24 | $10.24 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $11.76 | $11.76 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 10 calendar days ago — the swings before that are what the structure reading is measured on | 10 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in the fourth leg, a pullback against that downward direction; the labelling fails if price closes above 10.7. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a completed three-part correction. | possible downward five-wave sequence, in wave 4 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 129 trading days ago — a "death cross", a bearish long-term signal | 129 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with sellers in control | 33.7 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30) | 44.0 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($7.85 to $9.77) — its "stochastic" reading is 49 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 49.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $22.47 | $22.47 |
|---|---|---|
| From the 52-week high | it is 60.8% below its 52-week high (its highest price of the past year) | -60.8% |
| Above the 52-week low | it is 12.1% above its 52-week low (its lowest price of the past year) | +12.1% |
| Below the 52-week high | it is 60.8% below its highest point of the past year | 60.8% |
| Since a 20-day breakout | it made a new 20-day low about 4 trading days ago | 4 sessions |
| Since a 55-day breakout | it made a new 55-day low about 4 trading days ago | 4 sessions |
| All-time high | its highest closing price on record is $25.66 (set on 2024-06-28) | $25.66 |
| Given back of the 52-week move | over the past year its closes ranged ($8.25 to $21.31), and it has recovered only a small part of its fall from last year’s high — 4% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $16.32 to $16.74. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 4.2% |
| From the all-time high | it is 65.7% below its all-time high | -65.7% |
| Nearest price level | it is trading 1.0% above a support level at $8.71 — a price it turned at twice since 2025-03-04, most recently on 2025-05-06. Since 2024-08-21 it has 3 such levels below the current price and 14 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -1.0% |
| All-time low | its lowest closing price on record is $6.75 (set on 2025-04-07) | $6.75 |
| Above the all-time low | it is 30.4% above its all-time low | +30.4% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 71% of it) | 29th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4996 between its high and its low — about 5.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4996 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $8.08 and $9.68 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $8.08 – $8.88 – $9.68 |
| Typical daily range (% of price) | its price moves about 5.7% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.7% |
| Stretch from the 200-day average | it is trading 5.9 daily ranges below its 200-day average price (25.2% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.9 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.11× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 8.1% since the prior reading | -8.1% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.0% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +1.0% |
|---|---|---|
| Open gap | it gapped 14.9% below the previous close 8 sessions ago and has not traded back through the level it left behind at 9.45 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -14.9% |
| Gap filled | a 2.4% gap up opened on 2026-07-27 has been "filled" 17 sessions ago — price traded back through the level the gap left behind, and it took 2 sessions to close | 17 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 17.3 percentage points (the stock lost 15.0% while the market gained 2.3%) | -17.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 31.0 percentage points (the stock lost 27.9% while the market gained 3.1%) | -31.0% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 32.3 percentage points (the stock lost 21.2% while the market gained 11.1%) | -32.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 59.1 percentage points (the stock lost 38.6% while the market gained 20.5%) | -59.1% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 23% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 8.4% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -22.5% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 20% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $10.95 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -19.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% above the average price paid since it last reported on 2026-08-10 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $8.68 — a volume-weighted average of daily closes over 10 sessions, not a true tick-by-tick VWAP. | +1.4% |
Price levels it has turned at before
WBTN last closed at $8.80 on 2026-08-21. Since 2024-08-21 it has turned at 3 prices below its last close and 14 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $8.71 | Support | 1.0% below the last close | turned there twice · 2025-03-04 to 2025-05-06 |
| $8.31 | Support | 5.6% below the last close | turned there three times · 2025-03-13 to 2026-03-20 |
| $9.76 | Resistance | 10.9% above the last close | turned there twice · 2025-05-02 to 2026-08-04 |
| $7.84 | Support | 10.9% below the last close | turned there twice · 2025-05-14 to 2026-08-11 |
| $10.02 | Resistance | 13.9% above the last close | turned there three times · 2025-05-13 to 2026-02-05 |
| $10.37 | Resistance | 17.9% above the last close | turned there five times · 2024-09-12 to 2026-02-17 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 4 of five, a pullback against that direction.
This labelling fails — stops being a possible reading at all — if it closes above $10.70.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $8.87 and $10.02 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a completed three-part correction, which fails on a close below $7.85.
This reading has stood for 4 trading days, since 2026-08-18.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · MACD just crossed bullish (12/26/9) · Analyst price target recently CUT · lagging the market · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.50 mean, 1=Strong Buy…5=Strong Sell) — 7 analysts
- Mean price target$11.29 range $10.00 – $13.00; median $11.00
Analyst estimates, as of 2026-08-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for WBTN
- Consensus EPS estimate$0.005 next reporting period, as of 2026-08-18
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Company is unprofitable with -24.17% net margin as of mid-2026, heavily dependent on growing monetization from Paid Content, advertising, and IP adaptations to achieve profitability","Intense competition for creator talent and user engagement in digital entertainment; ability to attract and retain professional creators is critical to content quality and platform growth","Revenue growth is modest at 2.26% YoY, indicating slowing expansion; success depends on penetrating new geographic markets and increasing engagement in mature markets"]
What changed in the latest 10-Q
AI-assisted comparison of WBTN's 10-Q filed 2026-05-11 against the prior one filed 2025-11-13.
Management's Discussion & Analysis (MD&A)
- Reworded:
- Reference year changed from 'December 31, 2024' in older filing (2025-11-13) to 'December 31, 2025' in newer filing (2026-05-11)
- Page number changed from '24' in older filing to '22' in newer filing
- Notes:
- Both filings appear to be truncated at the same point in the Geographic Tracking section; the provided text does not include the complete section
- The substantive content of the MD&A sections provided is nearly identical aside from the year reference and page number differences
Risk Factors
- Added:
- Definition of 'Title Purchase' added in newer filing (2026-05-11): 'means a digital pass that provides users with access to all episodes from a series that is no longer publishing new episodes'
- Removed:
- Definition of 'Daily Pass' removed in newer filing (2026-05-11); was defined in older filing (2025-11-13) as 'means a digital pass that provides users with access to locked episodes primarily from a series that is no longer publishing new episodes'
- Reworded:
- WEBTOON Korea definition changed: older filing (2025-11-13) stated 'NAVER WEBTOON, our web-comic offering in Korea'; newer filing (2026-05-11) states 'the NAVER WEBTOON platform, our web-comic offering in Korea'
- Forward-looking statements bullet point changed: older filing (2025-11-13) referenced 'our use of AI'; newer filing (2026-05-11) references 'our use of artificial intelligence'
- Notes:
- Newer filing text is truncated at the end of the forward-looking statements section, preventing full comparison of that section's conclusion
- Page numbers differ between filings (Item 1A at page 34 in newer vs. page 38 in older), but this reflects document layout rather than content substantive change
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for WBTN — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
3 institutional 13F filers reported holding WBTN as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 3
- Reported shares held 17,021,666
- Reported value $156,429,110
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 0 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
WBTN had 4,559,885 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
WBTN had 3.36% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 13.58 days to cover at the same settlement.
- Reported short interest (shares) 4,559,885
- Short interest (% of shares outstanding) 3.36%
- Prior settlement (shares) 4,709,401
- Reported change -3.17%
- Days to cover (reported) 13.58
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Tapas (mobile comics and storytelling)
- Comixology (digital comics)
- Royal Road (web-novel platform)
- Radish Fiction (serialized storytelling)
- Netmarble (Korean gaming and entertainment)
- Kakao Entertainment (Korean content and webtoon)
- Amazon Kindle (digital publishing)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare WBTN vs…
Frequently asked questions
What does WEBTOON ENTERTAINMENT INC (WBTN) do?
WEBTOON is a global digital storytelling platform that connects 27 million creators with approximately 157 million monthly active users across over 150 countries. The platform allows creators to publish web-comics (graphical stories) and web-novels (text-based stories) in a serialized, episodic format, primarily optimized for mobile viewing.
What sector is WEBTOON ENTERTAINMENT INC (WBTN) in?
WEBTOON ENTERTAINMENT INC (WBTN) is classified in the Communication Services sector. Its industry is Digital storytelling and creator monetization platforms. It trades on NASDAQ.
Who are WEBTOON ENTERTAINMENT INC's (WBTN) competitors?
Notable peers of WEBTOON ENTERTAINMENT INC (WBTN) include Tapas (mobile comics and storytelling), Comixology (digital comics), Royal Road (web-novel platform), Radish Fiction (serialized storytelling) and Netmarble (Korean gaming and entertainment). This peer set is informational only — not financial advice.
Is WEBTOON ENTERTAINMENT INC (WBTN) overbought or oversold right now?
WEBTOON ENTERTAINMENT INC (WBTN) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 44, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on WBTN come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.