JPMorgan Chase & Co. Cuts ODDITY Tech (NASDAQ:ODD) Price Target to $59.00

ODDITY Tech (NASDAQ:ODD) had its target price cut by JPMorgan Chase & Co. from $67.00 to $59.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities analysts also recently issued reports about the company. Jefferies Financial Group started coverage on ODDITY Tech in a report on Wednesday, September 24th. They issued a “buy” rating and a $78.00 price objective on the stock. JMP Securities restated a “market outperform” rating and issued a $80.00 price target on shares of ODDITY Tech in a report on Tuesday, September 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of ODDITY Tech in a research note on Wednesday, October 8th. KeyCorp dropped their price objective on shares of ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating for the company in a research report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of ODDITY Tech from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $67.40.

ODDITY Tech Stock Performance

NASDAQ:ODD opened at $43.82 on Friday. The company has a market cap of $2.45 billion, a P/E ratio of 24.48, a P/E/G ratio of 2.24 and a beta of 3.15. The firm’s 50 day moving average is $45.08 and its two-hundred day moving average is $59.23. ODDITY Tech has a fifty-two week low of $35.30 and a fifty-two week high of $79.18. The company has a quick ratio of 6.42, a current ratio of 7.54 and a debt-to-equity ratio of 1.53.

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, beating the consensus estimate of $0.35 by $0.05. The company had revenue of $147.90 million during 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 quarterly revenue was up 24.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 EPS. 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 EPS for the current year.

Institutional Investors Weigh In On ODDITY Tech

A number of large investors have recently added to or reduced their stakes in the company. Penn Capital Management Company LLC lifted its holdings in ODDITY Tech by 20.9% in the 3rd quarter. Penn Capital Management Company LLC now owns 210,290 shares of the company’s stock worth $13,134,000 after buying an additional 36,330 shares in the last quarter. Woodline Partners LP grew its stake in shares of ODDITY Tech by 0.3% during the third quarter. Woodline Partners LP now owns 401,229 shares of the company’s stock valued at $24,997,000 after acquiring an additional 1,117 shares in the last quarter. Voleon Capital Management LP purchased a new stake in shares of ODDITY Tech during the third quarter worth about $1,763,000. Wexford Capital LP acquired a new position in shares of ODDITY Tech in the third quarter worth about $40,000. Finally, Verition Fund Management LLC boosted its holdings in ODDITY Tech by 10.8% in the third quarter. Verition Fund Management LLC now owns 35,109 shares of the company’s stock valued at $2,187,000 after purchasing an additional 3,435 shares during the last quarter. 35.88% of the stock is owned by institutional investors and hedge funds.

ODDITY Tech Company Profile

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.