ODDITY Tech (NASDAQ:ODD) Price Target Cut to $16.00 by Analysts at The Goldman Sachs Group

ODDITY Tech (NASDAQ:ODD) had its price target lowered by The Goldman Sachs Group from $20.00 to $16.00 in a report released on Friday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $16.00 target price (down from $59.00) on shares of ODDITY Tech in a report on Thursday, February 26th. KeyCorp lowered their price target on ODDITY Tech from $50.00 to $30.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Zacks Research lowered ODDITY Tech from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Jefferies Financial Group cut ODDITY Tech from a “buy” rating to a “hold” rating and cut their price objective for the company from $64.00 to $18.00 in a research report on Wednesday, February 25th. Finally, Wall Street Zen downgraded ODDITY Tech from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $31.36.

ODDITY Tech Price Performance

NASDAQ:ODD opened at $13.22 on Friday. The stock has a market capitalization of $738.07 million, a PE ratio of 7.34, a P/E/G ratio of 1.75 and a beta of 3.54. ODDITY Tech has a 1-year low of $10.80 and a 1-year high of $79.18. The firm has a fifty day simple moving average of $23.26 and a 200 day simple moving average of $38.70. The company has a current ratio of 5.24, a quick ratio of 4.06 and a debt-to-equity ratio of 1.47.

ODDITY Tech (NASDAQ:ODD) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. ODDITY Tech had a net margin of 13.68% and a return on equity of 29.84%. The firm had revenue of $152.73 million during the quarter, compared to analysts’ expectations of $151.11 million. During the same quarter last year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. On average, research analysts expect that ODDITY Tech will post 1.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Wexford Capital LP bought a new position in ODDITY Tech in the 3rd quarter valued at about $40,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of ODDITY Tech by 134.8% during the third 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 period. Legal & General Group Plc acquired a new position in shares of ODDITY Tech in the second quarter valued at approximately $71,000. Quaker Wealth Management LLC grew its position in shares of ODDITY Tech by 530.3% in the third quarter. Quaker Wealth Management LLC now owns 1,664 shares of the company’s stock valued at $104,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in ODDITY Tech during the 2nd quarter worth approximately $108,000. Institutional investors and hedge funds own 35.88% of the company’s stock.

Key Stories Impacting ODDITY Tech

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

• Positive Sentiment: Recent earnings beat and revenue growth — ODD reported a quarterly EPS beat on Feb. 26 and year‑over‑year revenue growth, which supports underlying profitability and a below‑market P/E. (This is a constructive fundamental anchor for longer‑term investors.)
• Neutral Sentiment: Goldman Sachs cut its price target from $20 to $16 and moved the stock to a “neutral” rating — the change lowers sell‑side expectations and may pressure sentiment despite implying upside from current levels. Goldman Sachs price target cut
• Negative Sentiment: Multiple securities‑class actions and investor alerts filed — several firms (Hagens Berman, Pomerantz, Rosen, Berger Montague, Faruqi & Faruqi, Glancy Prongay Wolke & Rotter and others) have announced or filed suits alleging misleading disclosures tied to an ad‑partner algorithm change, an alleged “dislocation” issue and an expected ~30% revenue decline; the litigation notices include a May 11, 2026 deadline for lead plaintiff motions. These developments raise legal, settlement and reputational risk and explain heavy selling and elevated volatility. Hagens Berman class action filing

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.