Needham & Company LLC Downgrades ODDITY Tech (NASDAQ:ODD) to Hold

ODDITY Tech (NASDAQ:ODD) was downgraded by investment analysts at Needham & Company LLC from a “buy” rating to a “hold” rating in a report released on Wednesday, Marketbeat reports.

A number of other equities research analysts have also recently issued reports on the company. Zacks Research cut ODDITY Tech from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Jefferies Financial Group lowered shares of ODDITY Tech from a “buy” rating to a “hold” rating and cut their target price for the stock from $64.00 to $18.00 in a research report on Wednesday. KeyCorp restated an “overweight” rating on shares of ODDITY Tech in a research note on Friday, February 20th. Wall Street Zen upgraded shares of ODDITY Tech from a “sell” rating to a “hold” rating in a research note on Sunday, November 30th. Finally, Truist Financial reissued a “hold” rating and set a $18.00 target price (down from $80.00) on shares of ODDITY Tech in a report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $31.73.

ODDITY Tech Price Performance

ODDITY Tech stock opened at $13.77 on Wednesday. The business’s 50 day simple moving average is $33.97 and its 200 day simple moving average is $45.58. ODDITY Tech has a 12 month low of $12.95 and a 12 month high of $79.18. The company has a market cap of $768.78 million, a price-to-earnings ratio of 7.65, a PEG ratio of 0.59 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 (NASDAQ:ODD) last released its earnings results on Wednesday, February 25th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.06. ODDITY Tech had a return on equity of 30.74% and a net margin of 13.68%.The business had revenue of $152.73 million during the quarter, compared to the consensus estimate of $151.11 million. During the same period last year, the business posted $0.20 earnings per share. The business’s revenue for the quarter was up 23.8% on a year-over-year basis. Sell-side analysts forecast that ODDITY Tech will post 1.62 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Wexford Capital LP bought a new stake in ODDITY Tech during the third quarter valued at approximately $40,000. Assetmark Inc. purchased a new stake in shares of ODDITY Tech during the 2nd quarter valued at $54,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of ODDITY Tech by 134.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,134 shares of the company’s stock valued at $69,000 after buying an additional 651 shares in the last quarter. Legal & General Group Plc bought a new stake in shares of ODDITY Tech during the 2nd quarter worth $71,000. Finally, Quaker Wealth Management LLC grew its position in ODDITY Tech by 530.3% in the third quarter. Quaker Wealth Management LLC now owns 1,664 shares of the company’s stock worth $104,000 after acquiring an additional 1,400 shares in the last quarter. 35.88% of the stock is currently owned by institutional investors.

Key ODDITY Tech News

Here are the key news stories impacting ODDITY Tech this week:

• Positive Sentiment: Q4 results beat estimates: ODD reported $0.20 EPS vs. $0.14 consensus and posted ~23.5% year‑over‑year revenue growth, showing underlying demand and a record full year for the company. Oddity’s Q4 Earnings Beat Estimates
• Positive Sentiment: Record full‑year results support longer‑term fundamentals despite the near‑term hit. ODDITY Tech Reports Record Full Year 2025 Results
• Neutral Sentiment: Some analysts kept constructive stances but cut targets — e.g., KeyCorp cut its target to $30 while keeping an overweight rating, implying continued upside from long‑run expectations even after the reset. Benzinga – KeyCorp Coverage
• Negative Sentiment: Weak guidance and ad‑algorithm headwinds: management guided Q1 revenue to ~$187.7M vs. a ~$323M consensus and warned that an ad partner’s algorithm changes have driven abnormal spikes in customer acquisition costs (CAC), which it expects to materially reduce near‑term sales. That guidance triggered the initial sharp selloff. Oddity crashes after ad issue
• Negative Sentiment: Widespread analyst downgrades and target cuts followed the guidance—Bank of America moved to “underperform” with a $10 target, Barclays kept underweight with a $13 target, Evercore and others trimmed ratings/targets—raising near‑term sell pressure and reducing analyst support. Benzinga – Analyst Actions
• Negative Sentiment: Multiple investor‑protection/litigation notices: several law firms (Pomerantz, DJS, Schall, Ademi, Johnson Fistel) have opened investigations into ODD, increasing legal risk and uncertainty for shareholders. Pomerantz investigation DJS Law Group notice
• Negative Sentiment: Market reactions include pulled bull ratings and steep intraday declines (reports of 30%–50% drops on the day of the report), reflecting panic selling on the guidance and algorithm risk. Seeking Alpha – Bull Ratings Pulled

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. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.