ODDITY Tech (NASDAQ:ODD) Cut to “Hold” at Zacks Research

Zacks Research downgraded shares of ODDITY Tech (NASDAQ:ODD) from a strong-buy rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on the stock. Wall Street Zen raised shares of ODDITY Tech from a “sell” rating to a “hold” rating in a research note on Sunday, November 30th. Needham & Company LLC restated a “buy” rating and set a $72.00 price target on shares of ODDITY Tech in a research report on Thursday, November 20th. Morgan Stanley reduced their price objective on ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Friday, November 21st. KeyCorp lowered their target price on ODDITY Tech from $70.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Finally, Barclays dropped their target price on ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating for the company in a report on Friday, November 21st. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, ODDITY Tech presently has a consensus rating of “Moderate Buy” and an average price target of $64.40.

ODDITY Tech Price Performance

Shares of ODDITY Tech stock opened at $27.61 on Tuesday. The firm has a market capitalization of $1.54 billion, a PE ratio of 15.42, a price-to-earnings-growth ratio of 1.17 and a beta of 3.18. The company has a current ratio of 7.54, a quick ratio of 6.42 and a debt-to-equity ratio of 1.53. ODDITY Tech has a 12 month low of $27.09 and a 12 month high of $79.18. The business’s 50-day moving average price is $37.37 and its 200-day moving average price is $48.29.

ODDITY Tech (NASDAQ:ODD) last released its earnings results on Wednesday, November 19th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $145.44 million. During the same quarter in the previous year, the company posted $0.32 EPS. ODDITY Tech’s quarterly 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. Sell-side analysts forecast that ODDITY Tech will post 1.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Marex Group plc bought a new position in ODDITY Tech during the 4th quarter valued at approximately $502,000. Bank of Montreal Can increased its stake in shares of ODDITY Tech by 12.8% during the fourth quarter. Bank of Montreal Can now owns 296,100 shares of the company’s stock valued at $11,897,000 after buying an additional 33,628 shares during the period. Swiss National Bank increased its stake in shares of ODDITY Tech by 4.6% during the fourth quarter. Swiss National Bank now owns 81,800 shares of the company’s stock valued at $3,287,000 after buying an additional 3,600 shares during the period. ARK Investment Management LLC raised its holdings in shares of ODDITY Tech by 52.3% during the fourth quarter. ARK Investment Management LLC now owns 41,857 shares of the company’s stock valued at $1,682,000 after acquiring an additional 14,381 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in ODDITY Tech by 146.3% in the fourth quarter. LPL Financial LLC now owns 30,808 shares of the company’s stock worth $1,238,000 after acquiring an additional 18,299 shares during the period. Hedge funds and other 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.