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WEBTOON Entertainment (WBTN) is working with Genies, a company that makes digital characters. They want to create 3D chat experiences and new tools for avatars, which are characters made online.
This news comes after WEBTOON’s share price rose. In the last month, the share price increased by about 36%. The current price is $13.24. Shareholders have seen a return of 38% in a year. This shows that people feel more positive about the company now than earlier this year.
Analysts believe the fair value of WEBTOON shares is around $12.21, which is their expected price. Some think it should be higher, at $15.00. Others think it could be lower, at $10.00.
The price of WEBTOON shares is above the fair value. This means the company must grow quickly to keep people interested. There are risks that can change this view, like slower user growth.
Simply Wall St uses a method called discounted cash flow (DCF) to give another estimate, saying shares could be worth $34.22 in the future.