KeyCorp Issues Pessimistic Forecast for ODDITY Tech (NASDAQ:ODD) Stock Price

by · The Cerbat Gem

ODDITY Tech (NASDAQ:ODD – Get Free Report) had its target price reduced by KeyCorp from $70.00 to $50.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. KeyCorp’s price objective would suggest a potential upside of 32.60% from the stock’s previous close.

Several other equities analysts also recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of ODDITY Tech in a research note on Wednesday, October 8th. Morgan Stanley dropped their price target on ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Friday, November 21st. JMP Securities reaffirmed a “market outperform” rating and set a $80.00 price target on shares of ODDITY Tech in a research report on Tuesday, September 23rd. Jefferies Financial Group initiated coverage on ODDITY Tech in a report on Wednesday, September 24th. They issued a “buy” rating and a $78.00 price objective for the company. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $72.00 target price on shares of ODDITY Tech in a report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $64.40.

Read Our Latest Report on ODDITY Tech

ODDITY Tech Trading Down 4.1%

NASDAQ ODD opened at $37.71 on Thursday. The company has a debt-to-equity ratio of 1.53, a current ratio of 7.54 and a quick ratio of 6.42. ODDITY Tech has a 12 month low of $35.30 and a 12 month high of $79.18. The stock has a market capitalization of $2.11 billion, a P/E ratio of 21.23, a PEG ratio of 1.57 and a beta of 3.17. The firm’s 50-day moving average is $41.50 and its two-hundred day moving average is $55.28.

ODDITY Tech (NASDAQ:ODD – Get Free Report) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The company had revenue of $147.90 million for the quarter, compared to analysts’ expectations of $145.44 million. During the same quarter last year, the company earned $0.32 earnings per share. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. 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. On average, sell-side analysts anticipate that ODDITY Tech will post 1.62 earnings per share for the current year.

Institutional Investors Weigh In On ODDITY Tech

Several large investors have recently modified their holdings of ODD. Arrowstreet Capital Limited Partnership grew its position in ODDITY Tech by 8,711.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 835,315 shares of the company’s stock valued at $63,041,000 after buying an additional 825,835 shares during the last quarter. Acadian Asset Management LLC raised its position in 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. lifted its stake 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 worth $50,695,000 after acquiring an additional 531,334 shares during the period. Wellington Management Group LLP purchased a new stake in shares of ODDITY Tech in the third quarter valued at about $27,838,000. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of ODDITY Tech by 32.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,709,195 shares of the company’s stock valued at $128,993,000 after acquiring an additional 419,702 shares in the last quarter. Hedge funds and other institutional investors own 35.88% of the company’s stock.

ODDITY Tech Company Profile

(Get Free Report)

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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