ODDITY Tech (NASDAQ:ODD – Get Free Report) had its target price increased by equities research analysts at Jefferies Financial Group from $16.00 to $18.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “hold” rating on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 9.22% from the company’s current price.
Several other research analysts have also issued reports on the stock. Morgan Stanley decreased their price target on shares of ODDITY Tech from $16.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Wednesday, June 3rd. KeyCorp reissued a “sector weight” rating on shares of ODDITY Tech in a research report on Wednesday, June 3rd. The Goldman Sachs Group cut shares of ODDITY Tech from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $16.00 to $8.00 in a research report on Wednesday, June 3rd. Truist Financial boosted their target price on shares of ODDITY Tech from $12.00 to $16.00 and gave the company a “hold” rating in a research note on Tuesday, September 1st. Finally, Barclays reduced their target price on ODDITY Tech from $13.00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, June 3rd. Nine analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $26.45.
Check Out Our Latest Research Report on ODDITY Tech
ODDITY Tech Price Performance
ODDITY Tech (NASDAQ:ODD – Get Free Report) last released its earnings results on Wednesday, September 9th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.08. ODDITY Tech had a return on equity of 15.38% and a net margin of 6.97%.The firm had revenue of $180.52 million for the quarter, compared to analyst estimates of $178.23 million. During the same period in the previous year, the company earned $0.92 earnings per share. ODDITY Tech’s revenue was down 24.9% compared to the same quarter last year. As a group, equities analysts anticipate that ODDITY Tech will post -0.55 EPS for the current fiscal year.
Insider Buying and Selling
In other news, CFO Mann Drucker sold 7,717 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $15.09, for a total transaction of $116,449.53. Following the transaction, the chief financial officer owned 116,135 shares in the company, valued at $1,752,477.15. This represents a 6.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 172,454 shares of company stock valued at $2,592,610 over the last ninety days.
Institutional Investors Weigh In On ODDITY Tech
Several institutional investors and hedge funds have recently modified their holdings of the business. K5 Global Advisor LLC acquired a new position in ODDITY Tech during the second quarter worth $375,000. California State Teachers Retirement System raised its position in shares of ODDITY Tech by 1,432.4% in the second quarter. California State Teachers Retirement System now owns 664,752 shares of the company’s stock valued at $10,058,000 after purchasing an additional 621,371 shares during the period. Sigma Planning Corp raised its position in shares of ODDITY Tech by 37.7% in the second quarter. Sigma Planning Corp now owns 14,510 shares of the company’s stock valued at $220,000 after purchasing an additional 3,975 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of ODDITY Tech in the second quarter worth $300,000. Finally, Avidity Partners Management LP acquired a new stake in shares of ODDITY Tech in the first quarter worth $937,000. 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: Quarterly results beat estimates: Adjusted earnings were $0.20 per share versus the $0.12 consensus, while revenue of $180.5 million topped expectations of approximately $178.2 million. ODDITY Tech Shares Rise on 2Q Beat, Rosier 3Q Outlook
- Positive Sentiment: Recovery expected to accelerate: ODDITY expects third-quarter revenue to decline only about 5% year over year, a meaningful improvement from the 25% second-quarter decline. Third-quarter revenue guidance of approximately $140.5 million was also above the roughly $121.8 million analyst estimate. ODDITY Tech Reports Second Quarter 2026 Results
- Positive Sentiment: Brand diversification and capital returns supported sentiment: SpoiledChild posted double-digit growth and is expected to approach $350 million in 2026 revenue, while newer brand METHODIQ is showing strong early results. The company repurchased approximately $163 million of shares year to date, reducing shares outstanding by about 20%, and maintains $561 million in cash and investments plus $350 million of undrawn credit facilities. ODDITY Tech Reports Q2 2026 Results
- Neutral Sentiment: Analyst stance remains cautious: Needham reaffirmed a Hold rating, indicating that the improved outlook has not fully offset concerns about the company’s earnings decline and execution risks.
- Negative Sentiment: Profitability deteriorated sharply: Revenue fell approximately 25% to $181 million, net income dropped to $13 million from $49 million, and adjusted EBITDA declined to $13 million from $70 million a year earlier. Gross margin also contracted to 68.7% from 72.3%. Oddity Tech Q2 Profit Falls
- Negative Sentiment: IL MAKIAGE remains a major risk: The company is still working with its advertising partner to resolve a technical algorithm problem that has disrupted customer acquisition and materially pressured sales. ODDITY also reported negative operating cash flow for the first half of 2026.
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.
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