Should You Buy Kartoon Studios Inc (TOON) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Kartoon Studios Inc (TOON) is not a strong buy for a beginner investor with a long-term strategy and $50,000-$100,000 to invest. The technical indicators show bearish trends, options data reflects low trading sentiment, and there are no strong positive catalysts or recent news to drive the stock upward. While financials show some improvement, the company is still unprofitable, and there are no recent analyst ratings or significant institutional activity to support a buy decision.
Technical Analysis
The technical indicators for TOON are bearish. The MACD is below 0 and negatively contracting, the RSI is neutral at 44.446, and the moving averages are in a bearish alignment (SMA_200 > SMA_20 > SMA_5). The stock is trading near its pivot level of 0.714, with resistance at 0.732 and support at 0.696. Overall, there is no clear bullish signal.