ODDITY Tech (NASDAQ:ODD) Downgraded to Underperform Rating by Bank of America

Bank of America downgraded shares of ODDITY Tech (NASDAQ:ODD) from a buy rating to an underperform rating in a report published on Thursday morning, Marketbeat.com reports. Bank of America currently has $10.00 target price on the stock.

Several other analysts have also weighed in on ODD. Truist Financial reiterated a “hold” rating and issued a $18.00 price objective (down from $80.00) on shares of ODDITY Tech in a research note on Wednesday. Morgan Stanley decreased their price target on shares of ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating for the company in a research note on Friday, November 21st. Zacks Research lowered shares of ODDITY Tech from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. KeyCorp restated an “overweight” rating on shares of ODDITY Tech in a research note on Friday, February 20th. Finally, Barclays decreased their target price on ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating for the company in a research report on Friday, November 21st. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $31.73.

ODDITY Tech Stock Down 6.6%

Shares of NASDAQ:ODD opened at $13.77 on Thursday. ODDITY Tech has a 1 year low of $12.95 and a 1 year high of $79.18. The company has a debt-to-equity ratio of 1.53, a current ratio of 7.54 and a quick ratio of 6.42. The business’s 50-day moving average is $33.97 and its 200-day moving average is $45.58. The company has a market capitalization of $768.78 million, a price-to-earnings ratio of 7.65, a P/E/G ratio of 0.59 and a beta of 3.18.

ODDITY Tech (NASDAQ:ODD) last released its earnings results on Wednesday, February 25th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.14 by $0.06. The business had revenue of $152.73 million during the quarter, compared to analysts’ expectations of $151.11 million. ODDITY Tech had a return on equity of 30.74% and a net margin of 13.68%.During the same quarter last year, the firm posted $0.20 earnings per share. The firm’s revenue was up 23.8% on a year-over-year basis. Equities research analysts predict that ODDITY Tech will post 1.62 earnings per share for the current year.

Hedge Funds Weigh In On ODDITY Tech

A number of hedge funds have recently added to or reduced their stakes in the stock. Wexford Capital LP bought a new stake in ODDITY Tech during the 3rd quarter worth approximately $40,000. Assetmark Inc. purchased a new position in shares of ODDITY Tech during the second quarter valued at approximately $54,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in ODDITY Tech by 134.8% in 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 during the last quarter. Legal & General Group Plc purchased a new stake in ODDITY Tech in the 2nd quarter valued at $71,000. Finally, Quaker Wealth Management LLC lifted its stake in ODDITY Tech by 530.3% during the 3rd quarter. Quaker Wealth Management LLC now owns 1,664 shares of the company’s stock valued at $104,000 after acquiring an additional 1,400 shares in the last quarter. Institutional investors and hedge funds own 35.88% of the company’s stock.

Key Headlines Impacting ODDITY Tech

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.