Barclays Has Lowered Expectations for ODDITY Tech (NASDAQ:ODD) Stock Price

ODDITY Tech (NASDAQ:ODD) had its price target reduced by Barclays from $64.00 to $46.00 in a report released on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 22.02% from the stock’s current price.

A number of other equities analysts have also recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of ODDITY Tech in a report on Wednesday, October 8th. Needham & Company LLC reissued a “buy” rating and issued a $72.00 price target on shares of ODDITY Tech in a research note on Thursday. JMP Securities restated a “market outperform” rating and set a $80.00 price objective on shares of ODDITY Tech in a report on Tuesday, September 23rd. Zacks Research upgraded shares of ODDITY Tech from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, Truist Financial boosted their price target on shares of ODDITY Tech from $65.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, ODDITY Tech presently has an average rating of “Moderate Buy” and an average price target of $68.20.

ODDITY Tech Price Performance

Shares of NASDAQ ODD opened at $37.70 on Friday. ODDITY Tech has a twelve month low of $35.30 and a twelve month high of $79.18. The company has a current ratio of 7.54, a quick ratio of 5.57 and a debt-to-equity ratio of 1.53. The firm has a 50-day moving average of $50.40 and a two-hundred day moving average of $61.73. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 21.06, a PEG ratio of 1.79 and a beta of 3.15.

ODDITY Tech (NASDAQ:ODD) last announced its quarterly earnings data 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. The company had revenue of $147.90 million for the quarter, compared to analysts’ expectations of $145.44 million. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The business’s revenue was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS. FY 2025 guidance at 2.100-2.120 EPS. As a group, analysts expect that ODDITY Tech will post 1.62 earnings per share for the current fiscal year.

Institutional Trading of ODDITY Tech

Hedge funds have recently made changes to their positions in the stock. Wexford Capital LP acquired a new stake in shares of ODDITY Tech during the third quarter worth approximately $40,000. WD Rutherford LLC purchased a new stake in ODDITY Tech in the 2nd quarter worth approximately $48,000. Assetmark Inc. acquired a new stake in shares of ODDITY Tech during the 2nd quarter valued at $54,000. Deutsche Bank AG grew its holdings in shares of ODDITY Tech by 65.0% during the 1st quarter. Deutsche Bank AG now owns 1,340 shares of the company’s stock valued at $58,000 after acquiring an additional 528 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of ODDITY Tech by 134.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,134 shares of the company’s stock worth $69,000 after acquiring an additional 651 shares during the last quarter. 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.