ODDITY Tech’s (ODD) Hold Rating Reiterated at Needham & Company LLC
by Michael Walen · The Markets DailyNeedham & Company LLC reissued their hold rating on shares of ODDITY Tech (NASDAQ:ODD – Free Report) in a report released on Tuesday morning,Benzinga reports.
Several other research firms have also weighed in on ODD. Barclays lowered their target price on shares of ODDITY Tech from $13.00 to $8.00 and set an “underweight” rating on the stock in a report on Wednesday, June 3rd. KeyCorp reissued a “sector weight” rating on shares of ODDITY Tech in a report on Wednesday, June 3rd. The Goldman Sachs Group lowered shares of ODDITY Tech from a “hold” rating to a “sell” rating and reduced their price target for the company from $16.00 to $8.00 in a research report on Wednesday, June 3rd. Morgan Stanley decreased their price objective on shares of ODDITY Tech from $16.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Wednesday, June 3rd. Finally, Zacks Research raised shares of ODDITY Tech from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Ten analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, ODDITY Tech has an average rating of “Reduce” and a consensus price target of $27.23.
Check Out Our Latest Report on ODDITY Tech
ODDITY Tech Price Performance
ODDITY Tech stock opened at $16.01 on Tuesday. The business has a 50 day simple moving average of $14.93 and a 200 day simple moving average of $14.20. The company has a debt-to-equity ratio of 1.96, a current ratio of 4.06 and a quick ratio of 2.86. The company has a market capitalization of $921.86 million, a PE ratio of 66.71 and a beta of 2.38. ODDITY Tech has a one year low of $9.25 and a one year high of $64.23.
ODDITY Tech (NASDAQ:ODD – Get Free Report) last released its quarterly earnings data on Wednesday, September 9th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.08. The firm had revenue of $180.52 million during the quarter, compared to analyst estimates of $178.23 million. ODDITY Tech had a return on equity of 2.37% and a net margin of 2.23%.The business’s revenue for the quarter was down 24.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 earnings per share. On average, sell-side analysts forecast that ODDITY Tech will post -0.55 EPS for the current fiscal year.
Insider Activity at ODDITY Tech
In other news, CFO Mann Drucker sold 7,717 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $15.09, for a total transaction of $116,449.53. Following the sale, the chief financial officer owned 116,135 shares in the company, valued at approximately $1,752,477.15. This represents a 6.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 172,454 shares of company stock worth $2,592,610 in the last quarter.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Wexford Capital LP acquired a new position in shares of ODDITY Tech in the 3rd quarter valued at $40,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of ODDITY Tech by 134.8% during the third 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 during the period. USS Investment Management Ltd grew its stake in shares of ODDITY Tech by 5.3% during the fourth quarter. USS Investment Management Ltd now owns 13,753 shares of the company’s stock worth $552,000 after purchasing an additional 695 shares during the period. California State Teachers Retirement System grew its stake in shares of ODDITY Tech by 2.0% during the fourth quarter. California State Teachers Retirement System now owns 43,532 shares of the company’s stock worth $1,749,000 after purchasing an additional 870 shares during the period. Finally, Entropy Technologies LP increased its holdings in ODDITY Tech by 10.0% in the third quarter. Entropy Technologies LP now owns 9,900 shares of the company’s stock valued at $617,000 after purchasing an additional 900 shares during the last quarter. 35.88% of the stock is owned by institutional investors.
Key Headlines Impacting ODDITY Tech
Here are the key news stories impacting ODDITY Tech this week:
- Positive Sentiment: ODDITY exceeded second-quarter expectations, reporting adjusted EPS of $0.20 versus the $0.12 consensus and revenue of approximately $181 million versus $178 million expected. Management also forecast third-quarter revenue to decline only about 5% year over year, a significant sequential improvement. ODDITY Tech Q2 2026 Results
- Positive Sentiment: Full-year revenue guidance of approximately $656 million is well above the roughly $627 million analyst consensus. Growth at SpoiledChild and early momentum from METHODIQ are helping offset challenges at IL MAKIAGE.
- Positive Sentiment: The company retains substantial financial flexibility, with $561 million in cash and investments, $350 million of undrawn credit facilities, and approximately $87 million remaining under its buyback authorization. ODDITY has repurchased roughly 20% of its shares year to date.
- Neutral Sentiment: Analyst actions were mixed. Morgan Stanley raised its target to $16.50 with an equal-weight rating, while Truist and Jefferies lifted targets to $18 but maintained hold ratings. Needham also reaffirmed a hold rating.
- Neutral Sentiment: The reported short-interest data shows zero shares and zero days to cover, with an apparently erroneous “NaN” change; it provides no credible evidence of meaningful short-squeeze support.
- Negative Sentiment: Despite beating estimates, second-quarter revenue fell 25% to $180.5 million, adjusted EBITDA dropped to $13 million from $70 million, and adjusted EPS declined from $0.92 to $0.20. First-half operating cash flow was negative, increasing concerns about the pace of recovery.
- Negative Sentiment: Barclays initiated or reiterated a sell view, underscoring skepticism about the IL MAKIAGE advertising-algorithm disruption and whether the company can restore sustainable growth and profitability.
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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