JPMorgan Chase & Co. Has Lowered Expectations for ODDITY Tech (NASDAQ:ODD) Stock Price

by · The Markets Daily

ODDITY Tech (NASDAQ:ODD – Get Free Report) had its target price dropped by research analysts at JPMorgan Chase & Co. from $67.00 to $59.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 34.75% from the company’s previous close.

A number of other analysts also recently issued reports on the stock. Barclays dropped their target price on shares of 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. JMP Securities restated a “market outperform” rating and issued a $80.00 target price on shares of ODDITY Tech in a research note on Tuesday, September 23rd. KeyCorp dropped their price target on shares of ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 8th. Morgan Stanley lowered their target price on 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. Finally, Needham & Company LLC restated a “buy” rating and set a $72.00 price objective on shares of ODDITY Tech in a report on Thursday, November 20th. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.40.

Get Our Latest Stock Analysis on ODDITY Tech

ODDITY Tech Price Performance

NASDAQ ODD traded down $0.66 during trading hours on Friday, reaching $43.79. The company’s stock had a trading volume of 326,582 shares, compared to its average volume of 833,192. ODDITY Tech has a fifty-two week low of $35.30 and a fifty-two week high of $79.18. The stock has a market cap of $2.44 billion, a PE ratio of 24.49, a PEG ratio of 2.29 and a beta of 3.16. The company’s 50-day moving average is $45.39 and its two-hundred day moving average is $59.59. The company has a debt-to-equity ratio of 1.53, a quick ratio of 6.42 and a current ratio of 7.54.

ODDITY Tech (NASDAQ:ODD – Get Free Report) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 earnings per share for the quarter, beating 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 business had revenue of $147.90 million during the quarter, compared to analyst estimates of $145.44 million. During the same quarter in the previous year, the business posted $0.32 earnings per share. The company’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 and its FY 2025 guidance at 2.100-2.120 EPS. Analysts forecast that ODDITY Tech will post 1.62 EPS for the current year.

Hedge Funds Weigh In On ODDITY Tech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ODD. Massachusetts Financial Services Co. MA grew its stake in shares of ODDITY Tech by 1.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,738,125 shares of the company’s stock valued at $108,285,000 after buying an additional 28,930 shares in the last quarter. Granahan Investment Management LLC increased its stake in shares of ODDITY Tech by 1.1% during the 1st quarter. Granahan Investment Management LLC now owns 1,555,191 shares of the company’s stock worth $67,278,000 after purchasing an additional 16,993 shares during the last quarter. Bamco Inc. NY boosted its holdings in ODDITY Tech by 11.3% in the third quarter. Bamco Inc. NY now owns 1,376,781 shares of the company’s stock worth $85,773,000 after purchasing an additional 139,348 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in ODDITY Tech by 8,711.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 835,315 shares of the company’s stock worth $63,041,000 after buying an additional 825,835 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its position in shares of ODDITY Tech by 507.8% in the second 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. Institutional investors and hedge funds 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.

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