ODDITY Tech (NASDAQ:ODD – Get Free Report) had its target price lifted by research analysts at Jefferies Financial Group from $16.00 to $18.00 in a note issued to investors on Wednesday, Benzinga reports. The firm currently has a “hold” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 9.22% from the stock’s current price.
Several other equities analysts have also weighed in on ODD. Needham & Company LLC reaffirmed a “hold” rating on shares of ODDITY Tech in a research note on Tuesday. Truist Financial upped their price objective on shares of ODDITY Tech from $12.00 to $16.00 and gave the company a “hold” rating in a research report on Tuesday, September 1st. The Goldman Sachs Group lowered ODDITY Tech from a “hold” rating to a “sell” rating and dropped their target price for the stock from $16.00 to $8.00 in a research report on Wednesday, June 3rd. Morgan Stanley lowered their price objective on ODDITY Tech from $16.00 to $10.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 3rd. Finally, Barclays cut their target price on ODDITY Tech from $13.00 to $8.00 and set an “underweight” rating on the stock in a research report on Wednesday, June 3rd. Nine equities research analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, ODDITY Tech presently has an average rating of “Reduce” and a consensus target price of $26.45.
Get Our Latest Research Report on ODD
ODDITY Tech Stock Up 26.6%
ODDITY Tech (NASDAQ:ODD – Get Free Report) last released its quarterly earnings results on Wednesday, September 9th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.12 by $0.08. The business had revenue of $180.52 million during the quarter, compared to analysts’ expectations of $178.23 million. ODDITY Tech had a return on equity of 15.38% and a net margin of 6.97%.The company’s quarterly revenue was down 24.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.92 earnings per share. As a group, analysts forecast that ODDITY Tech will post -0.55 EPS for the current fiscal year.
Insiders Place Their Bets
In other ODDITY Tech news, CFO Mann Drucker sold 7,717 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $15.09, for a total value of $116,449.53. Following the transaction, the chief financial officer owned 116,135 shares of the company’s stock, valued at $1,752,477.15. This trade represents a 6.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 172,454 shares of company stock worth $2,592,610 in the last quarter.
Hedge Funds Weigh In On ODDITY Tech
Institutional investors have recently modified their holdings of the company. Morgan Stanley lifted its position in ODDITY Tech by 13.9% in the 4th quarter. Morgan Stanley now owns 4,305,565 shares of the company’s stock valued at $172,998,000 after purchasing an additional 525,481 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of ODDITY Tech by 115.0% during the fourth quarter. Janus Henderson Group PLC now owns 2,423,917 shares of the company’s stock valued at $97,379,000 after buying an additional 1,296,551 shares during the last quarter. Granahan Investment Management LLC boosted its position in shares of ODDITY Tech by 1.1% during the fourth quarter. Granahan Investment Management LLC now owns 1,523,204 shares of the company’s stock worth $61,202,000 after buying an additional 16,747 shares during the period. Ashford Capital Management Inc. grew its holdings in ODDITY Tech by 25.0% in the 4th quarter. Ashford Capital Management Inc. now owns 685,972 shares of the company’s stock worth $27,562,000 after buying an additional 137,380 shares in the last quarter. Finally, California State Teachers Retirement System grew its holdings in ODDITY Tech by 1,432.4% in the 2nd quarter. California State Teachers Retirement System now owns 664,752 shares of the company’s stock worth $10,058,000 after buying an additional 621,371 shares in the last quarter. Institutional investors own 35.88% of the company’s stock.
Key ODDITY Tech News
Here are the key news stories impacting ODDITY Tech this week:
- Positive Sentiment: Quarterly results beat estimates: Adjusted earnings were $0.20 per share versus the $0.12 consensus, while revenue of $180.5 million topped expectations of approximately $178.2 million. ODDITY Tech Shares Rise on 2Q Beat, Rosier 3Q Outlook
- Positive Sentiment: Recovery expected to accelerate: ODDITY expects third-quarter revenue to decline only about 5% year over year, a meaningful improvement from the 25% second-quarter decline. Third-quarter revenue guidance of approximately $140.5 million was also above the roughly $121.8 million analyst estimate. ODDITY Tech Reports Second Quarter 2026 Results
- Positive Sentiment: Brand diversification and capital returns supported sentiment: SpoiledChild posted double-digit growth and is expected to approach $350 million in 2026 revenue, while newer brand METHODIQ is showing strong early results. The company repurchased approximately $163 million of shares year to date, reducing shares outstanding by about 20%, and maintains $561 million in cash and investments plus $350 million of undrawn credit facilities. ODDITY Tech Reports Q2 2026 Results
- Neutral Sentiment: Analyst stance remains cautious: Needham reaffirmed a Hold rating, indicating that the improved outlook has not fully offset concerns about the company’s earnings decline and execution risks.
- Negative Sentiment: Profitability deteriorated sharply: Revenue fell approximately 25% to $181 million, net income dropped to $13 million from $49 million, and adjusted EBITDA declined to $13 million from $70 million a year earlier. Gross margin also contracted to 68.7% from 72.3%. Oddity Tech Q2 Profit Falls
- Negative Sentiment: IL MAKIAGE remains a major risk: The company is still working with its advertising partner to resolve a technical algorithm problem that has disrupted customer acquisition and materially pressured sales. ODDITY also reported negative operating cash flow for the first half of 2026.
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.
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