ODDITY Tech (NASDAQ:ODD) Stock Gets Downgrade from Zacks Research

ODDITY Tech (NASDAQ:ODD) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks reports.

ODD has been the topic of several other research reports. JPMorgan Chase & Co. initiated coverage on shares of ODDITY Tech in a report on Monday, September 21st. They set a “neutral” rating and a $18.00 price objective on the stock. Jefferies Financial Group set a $20.00 price objective on shares of ODDITY Tech in a research report on Wednesday. The Goldman Sachs Group lifted their target price on shares of ODDITY Tech from $9.00 to $10.00 and gave the stock a “sell” rating in a research note on Wednesday. Barclays boosted their target price on shares of ODDITY Tech from $12.00 to $15.00 and gave the stock an “underweight” rating in a research report on Thursday. Finally, Needham & Company LLC restated a “hold” rating on shares of ODDITY Tech in a research note on Thursday. Eleven analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $23.65.

ODDITY Tech Stock Up 5.4%

ODD stock 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 two-hundred day moving average price of $16.95. ODDITY Tech has a 12-month low of $9.25 and a 12-month high of $46.45. The stock has a market cap of $1.02 billion, a P/E ratio of 92.79 and a beta of 2.14. The company has a debt-to-equity ratio of 2.21, a quick ratio of 2.11 and a current ratio of 3.45.

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

Insider Buying and Selling

In other ODDITY Tech news, CFO Mann Drucker sold 7,717 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were 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 of the company’s stock, valued at approximately $1,752,477.15. This trade represents a 6.23% decrease in their position. The transaction was disclosed in a 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 a total of 51,379 shares of company stock valued at $765,474 in the last 90 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pinnacle Wealth Planning Services Inc. lifted its holdings in shares of ODDITY Tech by 38.3% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 4,125 shares of the company’s stock valued at $77,000 after buying an additional 1,142 shares during the period. Signaturefd LLC grew its holdings in ODDITY Tech by 72.0% during the third quarter. Signaturefd LLC now owns 9,814 shares of the company’s stock worth $183,000 after acquiring an additional 4,109 shares during the period. Sigma Planning Corp raised its position in ODDITY Tech by 52.0% during the first quarter. Sigma Planning Corp now owns 10,535 shares of the company’s stock valued at $141,000 after acquiring an additional 3,605 shares in the last quarter. Ieq Capital LLC purchased a new position in ODDITY Tech during the third quarter valued at approximately $325,000. Finally, Public Employees Retirement System of Ohio purchased a new position in ODDITY Tech during the second quarter valued at approximately $300,000. 35.88% of the stock is currently owned by institutional investors and hedge funds.

ODDITY Tech News Roundup

These are some of the ODD news items 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
• 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
• Negative Sentiment: Barclays raised its target to $15 from $12 but kept an Underweight rating, signaling continued caution about the shares. Article: Barclays rating

ODDITY Tech Company Profile

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.