ODDITY Tech (NASDAQ:ODD) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of ODDITY Tech (NASDAQ:ODD) from a sell rating to a hold rating in a research note released on Sunday.

Other equities analysts have also recently issued research reports about the stock. JMP Securities restated a “market outperform” rating and issued a $80.00 price objective on shares of ODDITY Tech in a research report on Tuesday, September 23rd. Barclays reduced their price target on ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ODDITY Tech in a research report on Wednesday, October 8th. Morgan Stanley cut their price objective on ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating on the stock in a research report on Friday, November 21st. Finally, JPMorgan Chase & Co. reduced their target price on ODDITY Tech from $82.00 to $67.00 and set an “overweight” rating on the stock in a research note on Friday, November 21st. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $68.20.

ODDITY Tech Stock Performance

Shares of ODD stock opened at $43.14 on Friday. The company has a market capitalization of $2.41 billion, a P/E ratio of 24.10, a PEG ratio of 2.16 and a beta of 3.16. ODDITY Tech has a fifty-two week low of $35.30 and a fifty-two week high of $79.18. The company has a debt-to-equity ratio of 1.53, a quick ratio of 6.42 and a current ratio of 7.54. The stock has a 50 day moving average price of $47.64 and a two-hundred day moving average price of $60.57.

ODDITY Tech (NASDAQ:ODD) last issued its earnings results on Wednesday, November 19th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The firm had revenue of $147.90 million for the quarter, compared to analysts’ expectations of $145.44 million. During the same quarter last year, the business earned $0.32 earnings per share. The business’s revenue was up 24.3% on a year-over-year basis. 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. Analysts expect that ODDITY Tech will post 1.62 earnings per share for the current year.

Institutional Investors Weigh In On ODDITY Tech

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D grew its position in shares of ODDITY Tech by 74.9% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 14,323 shares of the company’s stock worth $1,081,000 after buying an additional 6,132 shares during the period. Federated Hermes Inc. bought a new stake in ODDITY Tech during the first quarter worth about $190,000. Jennison Associates LLC purchased a new stake in ODDITY Tech in the second quarter worth about $423,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of ODDITY Tech during the second quarter valued at approximately $1,029,000. Finally, Yorktown Management & Research Co Inc bought a new position in shares of ODDITY Tech during the second quarter valued at approximately $426,000. 35.88% of the stock is owned by hedge funds and other institutional investors.

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.