ODDITY Tech (NASDAQ:ODD) Shares Gap Down After Analyst Downgrade

Shares of ODDITY Tech Ltd. (NASDAQ:ODD) gapped down before the market opened on Thursday after KeyCorp lowered their price target on the stock from $50.00 to $30.00. The stock had previously closed at $14.74, but opened at $13.67. KeyCorp currently has an overweight rating on the stock. ODDITY Tech shares last traded at $13.50, with a volume of 2,164,252 shares changing hands.

A number of other equities analysts have also recently weighed in on ODD. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $16.00 price target (down from $59.00) on shares of ODDITY Tech in a report on Thursday. The Goldman Sachs Group restated a “neutral” rating and issued a $20.00 target price on shares of ODDITY Tech in a report on Wednesday. Bank of America downgraded shares of ODDITY Tech from a “buy” rating to an “underperform” rating and set a $10.00 price target for the company. in a report on Thursday. Morgan Stanley cut their price objective 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. Finally, Wall Street Zen raised shares of ODDITY Tech from a “sell” rating to a “hold” rating in a research note on Sunday, November 30th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $31.73.

Key ODDITY Tech News

Here are the key news stories impacting ODDITY Tech this week:

• Positive Sentiment: Company reported strong full‑year results and Q4 fundamental metrics (Q4 revenue ~ $152.7M, reported EPS cited in some releases at $0.20; ROE ~31.7%, healthy liquidity ratios), which underline underlying profitability before the guidance shock. Zacks: Q4 results
• Positive Sentiment: Balance-sheet strength (high quick/current ratios, low short‑term liquidity risk) gives the company runway to manage higher marketing costs and execution risks in the near term.
• Neutral Sentiment: Earnings call transcripts and slides were published; some transcripts note an EPS figure below consensus ($0.09611 in one transcript), creating mixed reporting on GAAP vs. adjusted results — read the call text for management’s explanations. InsiderMonkey transcript Seeking Alpha transcript
• Negative Sentiment: Very weak Q1 guidance: management forecasted roughly $187.7M in Q1 revenue (well below ~ $323M consensus) and provided limited EPS guidance, triggering a sharp selloff as investors priced in a material near‑term revenue hit. Benzinga: guidance shock
• Negative Sentiment: Management warned a partner ad algorithm change caused abnormal CAC (customer acquisition cost) spikes and could cut Q1 sales by ~30%; this operational risk directly pressures near‑term growth and margins. Yahoo Finance: ad issue
• Negative Sentiment: Multiple analyst downgrades and steep PT cuts (Jefferies, Bank of America, Barclays, Needham, JPMorgan among others) have lowered sell‑side support and pushed investor sentiment negative. TickerReport: BofA downgrade
• Negative Sentiment: Several law firms have opened securities‑fraud investigations into the company’s disclosures, adding regulatory/legal risk and likely increasing short‑term selling pressure. Business Wire: DJS Law Group notice PR Newswire: Ademi LLP investigation

Hedge Funds Weigh In On ODDITY Tech

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wexford Capital LP acquired a new stake in ODDITY Tech during the 3rd quarter worth approximately $40,000. Assetmark Inc. acquired a new stake in shares of ODDITY Tech in the second quarter worth $54,000. Legal & General Group Plc acquired a new stake in shares of ODDITY Tech in the second quarter worth $71,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of ODDITY Tech by 134.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,134 shares of the company’s stock valued at $69,000 after acquiring an additional 651 shares during the period. Finally, Headlands Technologies LLC acquired a new position in shares of ODDITY Tech during the 2nd quarter valued at $108,000. 35.88% of the stock is owned by institutional investors and hedge funds.

ODDITY Tech Trading Down 8.2%

The business’s 50-day moving average is $34.54 and its two-hundred day moving average is $45.80. The company has a current ratio of 7.54, a quick ratio of 6.42 and a debt-to-equity ratio of 1.53. The stock has a market capitalization of $755.71 million, a PE ratio of 7.47, a PEG ratio of 1.16 and a beta of 3.18.

ODDITY Tech (NASDAQ:ODD) last issued its earnings results on Wednesday, February 25th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.06. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The company had revenue of $152.73 million during the quarter, compared to the consensus estimate of $151.11 million. During the same quarter in the prior year, the business earned $0.20 earnings per share. The company’s revenue was up 23.8% compared to the same quarter last year. On average, analysts predict that ODDITY Tech Ltd. will post 1.62 earnings per share for the current year.

ODDITY Tech Company Profile

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.