ODDITY Tech (NASDAQ:ODD) Price Target Raised to $20.00

ODDITY Tech (NASDAQ:ODD) had its target price increased by Truist Financial from $18.00 to $20.00 in a report published on Thursday morning,Benzinga reports. They currently have a hold rating on the stock.

ODD has been the topic of several other research reports. Morgan Stanley upped their target price on ODDITY Tech from $16.50 to $18.50 and gave the stock an “equal weight” rating in a report on Thursday, October 15th. Wall Street Zen upgraded ODDITY Tech from a “strong sell” rating to a “sell” rating in a research note on Sunday, October 18th. Jefferies Financial Group boosted their price target on ODDITY Tech from $16.00 to $18.00 and gave the stock a “hold” rating in a research report on Wednesday, September 9th. The Goldman Sachs Group boosted their price target on ODDITY Tech from $9.00 to $10.00 and gave the stock a “sell” rating in a research report on Wednesday. Finally, Weiss Ratings upgraded ODDITY Tech from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $23.65.

ODDITY Tech Stock Up 5.4%

NASDAQ:ODD traded up $0.90 on Thursday, hitting $17.63. 1,073,361 shares of the company’s stock were exchanged, compared to its average volume of 877,114. The firm has a 50-day moving average price of $19.70 and a 200-day moving average price of $16.95. The company has a debt-to-equity ratio of 2.21, a current ratio of 3.45 and a quick ratio of 2.11. ODDITY Tech has a 52 week low of $9.25 and a 52 week high of $46.45. The company has a market cap of $1.02 billion, a P/E ratio of 92.79 and a beta of 2.14.

ODDITY Tech (NASDAQ:ODD) last posted its quarterly earnings data on Wednesday, November 11th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.07. The company had revenue of $144.98 million during the quarter, compared to the consensus estimate of $140.53 million. ODDITY Tech had a net margin of 1.27% and a return on equity of 0.63%. During the same period in the prior year, the business posted $0.28 EPS. As a group, analysts expect that ODDITY Tech will post -0.25 EPS for the current fiscal year.

Insider Activity

In other news, CFO Mann Drucker sold 7,717 shares of ODDITY Tech stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $15.09, for a total transaction of $116,449.53. Following the completion of the transaction, the chief financial officer directly owned 116,135 shares in the company, valued at approximately $1,752,477.15. The trade was a 6.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 51,379 shares of company stock valued at $765,474 over the last ninety days.

Institutional Investors Weigh In On ODDITY Tech

Several hedge funds have recently added to or reduced their stakes in the business. State Street Corp boosted its position in ODDITY Tech by 123.5% during the second quarter. State Street Corp now owns 836,446 shares of the company’s stock worth $12,655,000 after purchasing an additional 462,137 shares during the period. Landscape Capital Management L.L.C. increased its holdings in shares of ODDITY Tech by 65.7% in the third quarter. Landscape Capital Management L.L.C. now owns 347,941 shares of the company’s stock valued at $6,493,000 after purchasing an additional 138,014 shares during the last quarter. Amundi raised its position in shares of ODDITY Tech by 17.8% in the first quarter. Amundi now owns 434,945 shares of the company’s stock valued at $5,820,000 after purchasing an additional 65,647 shares during the period. Rice Hall James & Associates LLC bought a new position in shares of ODDITY Tech in the first quarter valued at about $3,533,000. Finally, Conestoga Capital Advisors LLC raised its position in shares of ODDITY Tech by 14.7% in the third quarter. Conestoga Capital Advisors LLC now owns 111,970 shares of the company’s stock valued at $2,089,000 after purchasing an additional 14,350 shares during the period. Institutional investors and hedge funds own 35.88% of the company’s stock.

Key Stories Impacting ODDITY Tech

These are some of the ODD stories that stood out recently:

• Positive Sentiment: Some analysts raised their forecasts after the results. Truist lifted its price target to $20 from $18, while maintaining a Hold rating. Article: Analysts boost forecasts
• Neutral Sentiment: The stock crossed above its 50-day moving average, a potentially supportive technical signal, though the report characterized the earnings backdrop as disappointing. Article: Shares cross above 50-day moving average
• Negative Sentiment: Other coverage highlighted falling adjusted earnings and revenue, a revised 2026 revenue outlook, and an uneven recovery. These concerns suggest the quarterly beat may not yet signal a durable return to growth. Article: Q3 results and revised outlook Article: Recovery visible, but growth isn’t guaranteed

About ODDITY Tech

ODDITY Tech Ltd. is a technology-driven consumer company that develops and operates digital-first beauty and wellness brands. Its portfolio includes IL MAKIAGE, which offers makeup and skincare products, and SpoiledChild, which focuses on beauty and wellness products. The company uses data analytics, artificial intelligence and other technology to support product development, personalized recommendations and online shopping. Its brands primarily sell directly to consumers through e-commerce platforms.