ODDITY Tech (NASDAQ:ODD) Trading Down 4.4% on Analyst Downgrade

ODDITY Tech Ltd. (NASDAQ:ODD)’s stock price traded down 4.4% during mid-day trading on Friday after KeyCorp lowered their price target on the stock from $70.00 to $50.00. KeyCorp currently has an overweight rating on the stock. ODDITY Tech traded as low as $37.31 and last traded at $36.8050. 80,472 shares were traded during mid-day trading, a decline of 89% from the average session volume of 701,140 shares. The stock had previously closed at $38.51.

ODD has been the topic of a number of other research reports. Barclays dropped their target price on ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating on the stock in a research report on Friday, November 21st. Jefferies Financial Group started coverage on shares of ODDITY Tech in a research note on Wednesday, September 24th. They set a “buy” rating and a $78.00 price target for the company. JPMorgan Chase & Co. cut their price objective on shares of ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating on the stock in a research report on Friday, December 12th. Needham & Company LLC restated a “buy” rating and set a $72.00 target price on shares of ODDITY Tech in a report on Thursday, November 20th. Finally, Morgan Stanley decreased their target price on shares of ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating for the company in a research report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.40.

Institutional Trading of ODDITY Tech

A number of large investors have recently added to or reduced their stakes in the company. WD Rutherford LLC acquired a new stake in ODDITY Tech in the 2nd quarter valued at about $48,000. Wexford Capital LP acquired a new stake in shares of ODDITY Tech in the third quarter valued at approximately $40,000. Assetmark Inc. acquired a new stake in shares of ODDITY Tech in the second quarter valued at approximately $54,000. Legal & General Group Plc bought a new position in shares of ODDITY Tech during the 2nd quarter worth approximately $71,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of ODDITY Tech by 134.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,134 shares of the company’s stock worth $69,000 after acquiring an additional 651 shares during the last quarter. Institutional investors and hedge funds own 35.88% of the company’s stock.

ODDITY Tech Price Performance

The business has a fifty day moving average of $41.40 and a two-hundred day moving average of $55.16. The company has a debt-to-equity ratio of 1.53, a quick ratio of 6.42 and a current ratio of 7.54. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 1.52 and a beta of 3.17.

ODDITY Tech (NASDAQ:ODD) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The firm had revenue of $147.90 million during the quarter, compared to analysts’ expectations of $145.44 million. The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.32 earnings per share. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. As a group, research analysts predict that ODDITY Tech Ltd. will post 1.62 EPS for the current fiscal year.

About ODDITY Tech

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.