ODDITY Tech (NASDAQ:ODD) Stock Rating Lowered by Zacks Research

ODDITY Tech (NASDAQ:ODD) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Other equities research analysts also recently issued reports about the stock. 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, November 21st. KeyCorp reduced 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. JPMorgan Chase & Co. dropped their price target on ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating on the stock in a research note on Friday, December 12th. Morgan Stanley cut their price objective on ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Finally, Wall Street Zen upgraded ODDITY Tech from a “sell” rating to a “hold” rating in a research note on Sunday, November 30th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $64.40.

ODDITY Tech Price Performance

Shares of ODD stock opened at $29.17 on Tuesday. ODDITY Tech has a fifty-two week low of $28.16 and a fifty-two week high of $79.18. The company has a debt-to-equity ratio of 1.53, a quick ratio of 6.42 and a current ratio of 7.54. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 1.21 and a beta of 3.18. The stock’s 50-day simple moving average is $37.72 and its 200-day simple moving average is $48.44.

ODDITY Tech (NASDAQ:ODD) last announced its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. The firm had revenue of $147.90 million during the quarter, compared to analyst estimates of $145.44 million. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. ODDITY Tech’s revenue was up 24.3% on a year-over-year basis. During the same period last year, the firm posted $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. As a group, equities analysts forecast that ODDITY Tech will post 1.62 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ODDITY Tech

A number of institutional investors have recently modified their holdings of the stock. Wexford Capital LP purchased a new stake in shares of ODDITY Tech in the third quarter worth about $40,000. Assetmark Inc. purchased a new position in ODDITY Tech during the second quarter valued at approximately $54,000. Legal & General Group Plc acquired a new position in ODDITY Tech in the second quarter valued at approximately $71,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 worth $69,000 after purchasing an additional 651 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in ODDITY Tech in the 2nd quarter worth approximately $108,000. 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.