ODDITY Tech (NASDAQ:ODD) Stock Bumped Down to Hold by Zacks Research

Key Points

• Zacks Research downgraded ODDITY Tech from “strong buy” to “hold.”
• Analyst sentiment is cautious overall: MarketBeat reports a consensus “reduce” rating, based on 11 Hold and 3 Sell ratings, with an average price target of $23.65.
• ODDITY reported quarterly EPS of $0.37 and revenue of $144.98 million, topping analyst estimates of $0.30 and $140.53 million, respectively. However, the article notes concerns about falling adjusted earnings and revenue and a revised 2026 outlook.

ODDITY Tech (NASDAQ:ODD - Get Free Report) was downgraded by Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued on Thursday, Zacks reports.

Other analysts have also issued reports about the stock. Citigroup reissued a "market perform" rating on shares of ODDITY Tech in a research note on Thursday, September 10th. Morgan Stanley raised their price target on shares of ODDITY Tech from $16.50 to $18.50 and gave the stock an "equal weight" rating in a research note on Thursday, October 15th. Needham & Company LLC reiterated a "hold" rating on shares of ODDITY Tech in a report on Thursday. JPMorgan Chase & Co. initiated coverage on shares of ODDITY Tech in a report on Monday, September 21st. They set a "neutral" rating and a $18.00 price objective for the company. Finally, Jefferies Financial Group set a $20.00 price objective on shares of ODDITY Tech in a research report on Wednesday. Eleven analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average price target of $23.65.

ODDITY Tech Trading Up 5.4%

Shares of NASDAQ ODD traded up $0.90 during midday trading on Thursday, hitting $17.63. The company's stock had a trading volume of 1,073,361 shares, compared to its average volume of 877,114. ODDITY Tech has a 12-month low of $9.25 and a 12-month high of $46.45. The company has a current ratio of 3.45, a quick ratio of 2.11 and a debt-to-equity ratio of 2.21. The firm has a market cap of $1.02 billion, a P/E ratio of 92.79 and a beta of 2.14. The business's 50 day moving average is $19.70 and its two-hundred day moving average is $16.95.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last posted its quarterly earnings data on Wednesday, November 11th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.07. The company had revenue of $144.98 million during the quarter, compared to analysts' expectations of $140.53 million. ODDITY Tech had a return on equity of 0.63% and a net margin of 1.27%. During the same quarter in the previous year, the business earned $0.28 EPS. As a group, equities research analysts expect that ODDITY Tech will post -0.25 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Mann Drucker sold 7,717 shares of the company's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $15.09, for a total value of $116,449.53. Following the completion of the sale, the chief financial officer directly owned 116,135 shares of the company's stock, valued at $1,752,477.15. This represents a 6.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 51,379 shares of company stock valued at $765,474 over the last ninety days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp grew its position in shares of ODDITY Tech by 123.5% in the 2nd quarter. State Street Corp now owns 836,446 shares of the company's stock worth $12,655,000 after buying an additional 462,137 shares during the last quarter. Rice Hall James & Associates LLC bought a new position in shares of ODDITY Tech during the 1st quarter worth approximately $3,533,000. Landscape Capital Management L.L.C. raised its stake in shares of ODDITY Tech by 65.7% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 347,941 shares of the company's stock worth $6,493,000 after acquiring an additional 138,014 shares in the last quarter. Empowered Funds LLC purchased a new stake in ODDITY Tech during the first quarter valued at approximately $1,275,000. Finally, Sparta 24 Ltd. purchased a new stake in ODDITY Tech during the first quarter valued at approximately $1,082,000. Hedge funds and other institutional investors own 35.88% of the company's stock.

Key ODDITY Tech News

Investors following ODD have been watching these news items:

• Positive Sentiment: Some analysts raised their forecasts after the results. Truist lifted its price target to $20 from $18, while maintaining a Hold rating. Article: Analysts boost forecasts
• Neutral Sentiment: The stock crossed above its 50-day moving average, a potentially supportive technical signal, though the report characterized the earnings backdrop as disappointing. Article: Shares cross above 50-day moving average
• Negative Sentiment: Other coverage highlighted falling adjusted earnings and revenue, a revised 2026 revenue outlook, and an uneven recovery. These concerns suggest the quarterly beat may not yet signal a durable return to growth. Article: Q3 results and revised outlook Article: Recovery visible, but growth isn't guaranteed

About ODDITY Tech

ODDITY Tech Ltd. is a technology-driven consumer company that develops and operates digital-first beauty and wellness brands. Its portfolio includes IL MAKIAGE, which offers makeup and skincare products, and SpoiledChild, which focuses on beauty and wellness products. The company uses data analytics, artificial intelligence and other technology to support product development, personalized recommendations and online shopping. Its brands primarily sell directly to consumers through e-commerce platforms.

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