JPMorgan Chase & Co. Issues Pessimistic Forecast for ODDITY Tech (NASDAQ:ODD) Stock Price

ODDITY Tech (NASDAQ:ODD) had its price objective decreased by equities research analysts at JPMorgan Chase & Co. from $82.00 to $67.00 in a research report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 74.03% from the company’s current price.

Several other research firms have also commented on ODD. Barclays lowered their price objective on shares of ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating for the company in a research note on Friday. KeyCorp reduced their target price on shares of ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating on the stock in a report on Wednesday, October 8th. Morgan Stanley dropped 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ODDITY Tech in a research report on Wednesday, October 8th. Finally, Truist Financial lifted their target price on ODDITY Tech from $65.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, ODDITY Tech currently has an average rating of “Moderate Buy” and a consensus price target of $68.20.

ODDITY Tech Trading Down 2.7%

Shares of NASDAQ ODD traded down $1.07 during trading on Friday, reaching $38.50. The stock had a trading volume of 1,301,028 shares, compared to its average volume of 824,777. The company has a debt-to-equity ratio of 1.66, a quick ratio of 5.57 and a current ratio of 6.32. The company has a market cap of $2.15 billion, a P/E ratio of 21.41, a PEG ratio of 1.77 and a beta of 3.15. ODDITY Tech has a fifty-two week low of $35.30 and a fifty-two week high of $79.18. The business’s 50-day moving average price is $50.90 and its 200-day moving average price is $61.94.

ODDITY Tech (NASDAQ:ODD) last posted its earnings results 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. ODDITY Tech had a return on equity of 33.15% and a net margin of 14.11%.The firm had revenue of $147.90 million for the quarter, compared to analyst estimates of $145.44 million. During the same quarter in the prior year, the company earned $0.32 EPS. ODDITY Tech’s revenue was up 24.3% on a year-over-year basis. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS. FY 2025 guidance at 2.100-2.120 EPS. On average, equities research analysts predict that ODDITY Tech will post 1.62 EPS for the current fiscal year.

Institutional Investors Weigh In On ODDITY Tech

Several institutional investors have recently added to or reduced their stakes in ODD. Arrowstreet Capital Limited Partnership increased its stake in ODDITY Tech by 8,711.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 835,315 shares of the company’s stock valued at $63,041,000 after purchasing an additional 825,835 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of ODDITY Tech by 507.8% during the 2nd quarter. Acadian Asset Management LLC now owns 821,759 shares of the company’s stock worth $61,984,000 after buying an additional 686,549 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of ODDITY Tech by 378.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock valued at $50,695,000 after buying an additional 531,334 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of ODDITY Tech in the 3rd quarter valued at $27,838,000. Finally, Massachusetts Financial Services Co. MA grew its position in shares of ODDITY Tech by 32.5% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,709,195 shares of the company’s stock valued at $128,993,000 after buying an additional 419,702 shares during the last quarter. 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.