KeyCorp Cuts ODDITY Tech (NASDAQ:ODD) Price Target to $50.00

ODDITY Tech (NASDAQ:ODD) had its price objective lowered by KeyCorp from $70.00 to $50.00 in a research report report published on Thursday morning,Benzinga reports. KeyCorp currently has an overweight rating on the stock.

A number of other brokerages have also commented on ODD. Zacks Research upgraded shares of ODDITY Tech from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Weiss Ratings restated a “hold (c)” rating on shares of ODDITY Tech in a report on Wednesday, October 8th. Jefferies Financial Group assumed coverage on shares of ODDITY Tech in a research report on Wednesday, September 24th. They issued a “buy” rating and a $78.00 target price for the company. JPMorgan Chase & Co. lowered their price target on ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating on the stock in a report on Friday, December 12th. Finally, Wall Street Zen upgraded ODDITY Tech from a “sell” rating to a “hold” rating in a research note on Sunday, November 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, ODDITY Tech presently has a consensus rating of “Moderate Buy” and a consensus target price of $64.40.

ODDITY Tech Stock Down 8.0%

ODD stock opened at $35.42 on Thursday. The stock has a market capitalization of $1.98 billion, a P/E ratio of 19.79, a P/E/G ratio of 1.41 and a beta of 3.17. The company has a debt-to-equity ratio of 1.53, a current ratio of 7.54 and a quick ratio of 6.42. ODDITY Tech has a 1-year low of $35.30 and a 1-year high of $79.18. The business has a fifty day moving average price of $41.20 and a 200-day moving average price of $54.76.

ODDITY Tech (NASDAQ:ODD) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The company had revenue of $147.90 million for the quarter, compared to analysts’ expectations of $145.44 million. During the same period last year, the firm posted $0.32 earnings per share. ODDITY Tech’s revenue was up 24.3% compared to the same quarter last year. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. Equities analysts forecast that ODDITY Tech will post 1.62 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ODDITY Tech

A number of hedge funds have recently modified their holdings of the business. Wexford Capital LP bought a new stake in ODDITY Tech in the third quarter worth $40,000. WD Rutherford LLC bought a new stake in shares of ODDITY Tech in the 2nd quarter worth about $48,000. Assetmark Inc. purchased a new stake in shares of ODDITY Tech during the 2nd quarter valued at about $54,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings 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 last quarter. Finally, Legal & General Group Plc bought a new position in shares of ODDITY Tech in the 2nd quarter valued at about $71,000. Institutional investors own 35.88% of the company’s stock.

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.