Truist Financial Increases ODDITY Tech (NASDAQ:ODD) Price Target to $18.00

ODDITY Tech (NASDAQ:ODD) had its target price upped by stock analysts at Truist Financial from $16.00 to $18.00 in a report released on Thursday, Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s price objective suggests a potential upside of 10.62% from the stock’s current price.

A number of other research firms have also commented on ODD. Bank of America reissued an “underperform” rating on shares of ODDITY Tech in a research note on Thursday. Barclays lowered their price target on shares of ODDITY Tech from $13.00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, June 3rd. KeyCorp reiterated a “sector weight” rating on shares of ODDITY Tech in a research report on Wednesday, June 3rd. Needham & Company LLC reaffirmed a “hold” rating on shares of ODDITY Tech in a research note on Tuesday. Finally, Morgan Stanley lowered their target price on shares of ODDITY Tech from $16.00 to $10.00 and set an “equal weight” rating for the company in a report on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $26.64.

ODDITY Tech Price Performance

Shares of NASDAQ ODD traded down $0.21 during mid-day trading on Thursday, hitting $16.27. 1,171,096 shares of the stock were exchanged, compared to its average volume of 1,680,623. ODDITY Tech has a twelve month low of $9.25 and a twelve month high of $64.23. The stock’s fifty day simple moving average is $14.97 and its two-hundred day simple moving average is $14.31. The company has a debt-to-equity ratio of 1.96, a quick ratio of 2.86 and a current ratio of 4.06. The company has a market cap of $936.94 million, a P/E ratio of 20.76 and a beta of 2.38.

ODDITY Tech (NASDAQ:ODD) last announced its 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 for the quarter, compared to the consensus estimate of $178.23 million. ODDITY Tech had a return on equity of 15.38% and a net margin of 6.97%.ODDITY Tech’s revenue was down 24.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 EPS. As a group, analysts forecast that ODDITY Tech will post -0.55 EPS for the current fiscal year.

Insider Activity

In other news, CFO Mann Drucker sold 109,602 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $15.09, for a total transaction of $1,653,894.18. Following the completion of the transaction, the chief financial officer directly owned 77,709 shares in the company, valued at approximately $1,172,628.81. The trade was a 58.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 172,454 shares of company stock worth $2,592,610.

Institutional Trading of ODDITY Tech

Hedge funds have recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in ODDITY Tech by 16.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,117 shares of the company’s stock valued at $3,293,000 after purchasing an additional 10,582 shares during the period. Geode Capital Management LLC increased its stake in ODDITY Tech by 12.9% in the second quarter. Geode Capital Management LLC now owns 75,063 shares of the company’s stock valued at $5,660,000 after purchasing an additional 8,561 shares in the last quarter. Legal & General Group Plc acquired a new stake in ODDITY Tech in the second quarter worth $71,000. American Century Companies Inc. raised its holdings in ODDITY Tech by 17.3% in the second quarter. American Century Companies Inc. now owns 14,300 shares of the company’s stock worth $1,079,000 after purchasing an additional 2,105 shares during the period. Finally, Invesco Ltd. acquired a new stake in ODDITY Tech in the second quarter worth $327,000. 35.88% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about ODDITY Tech

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

• Positive Sentiment: ODDITY reported adjusted earnings of $0.20 per share, exceeding the $0.12 consensus estimate, while revenue of approximately $181 million also topped expectations of about $178 million. ODDITY Tech Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management expects third-quarter revenue to decline approximately 5% year over year, a meaningful improvement from the 25% second-quarter decline. SpoiledChild posted double-digit growth, and METHODIQ is off to a strong start. ODDITY Tech Reports Second Quarter 2026 Results
• Positive Sentiment: The company retains substantial liquidity, with $561 million in cash and investments and $350 million of undrawn credit facilities. It also repurchased approximately $80 million of shares during the quarter, supporting per-share value.
• Neutral Sentiment: Jefferies raised its price target from $16 to $18 but maintained a Hold rating. Needham likewise reaffirmed its Hold recommendation, indicating limited conviction despite the improved outlook.
• Negative Sentiment: Second-quarter revenue fell 24.9% year over year to $180.5 million, while net income dropped to $12.9 million from $49.3 million and adjusted EBITDA plunged to $12.9 million from $69.5 million. Full-year revenue is still expected to decline about 19%, with adjusted EBITDA of only $30 million to $32 million. Oddity Tech Reveals Drop in Q2 Bottom Line
• Negative Sentiment: Barclays issued a Sell rating, adding pressure after the stock’s earnings-related rally. The downgrade reflects concerns about the scale of the earnings decline and the unresolved advertising-algorithm problem affecting the IL MAKIAGE brand. ODDITY Tech Receives a Sell from Barclays

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.