Truist Financial Issues Positive Forecast for ODDITY Tech (NASDAQ:ODD) Stock Price

Key Points

• Truist Financial raised ODDITY Tech’s price target from $16 to $18 but maintained a Hold rating, implying roughly 10.6% upside from the prior close. Overall analyst sentiment remains cautious, with a consensus rating of Reduce.
• ODDITY beat quarterly expectations with EPS of $0.20 versus $0.12 expected and revenue of $180.5 million versus $178.2 million estimated. However, revenue fell 24.9% year over year, while net income and adjusted EBITDA declined sharply.
• The stock traded near $16.27, while recent insider selling and bearish analyst actions—including Barclays’ Sell rating—continue to weigh on sentiment despite improving third-quarter revenue expectations and the company’s strong liquidity position.

ODDITY Tech (NASDAQ:ODD - Get Free Report) had its target price boosted by equities research analysts at Truist Financial from $16.00 to $18.00 in a research report issued on Thursday, Benzinga reports. The firm currently has a "hold" rating on the stock. Truist Financial's target price would suggest a potential upside of 10.62% from the stock's previous close.

Several other research analysts have also weighed in on ODD. Barclays dropped their target price on ODDITY Tech from $13.00 to $8.00 and set an "underweight" rating on the stock in a research report on Wednesday, June 3rd. KeyCorp reiterated a "sector weight" rating on shares of ODDITY Tech in a report on Wednesday, June 3rd. Morgan Stanley lowered their price target on ODDITY Tech from $16.00 to $10.00 and set an "equal weight" rating for the company in a research note on Wednesday, June 3rd. Bank of America reaffirmed an "underperform" rating on shares of ODDITY Tech in a research report on Thursday. Finally, Jefferies Financial Group lifted their target price on shares of ODDITY Tech from $16.00 to $18.00 and gave the company a "hold" rating in a research note on Wednesday. Ten investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $26.64.

ODDITY Tech Stock Down 1.3%

ODD stock traded down $0.21 during midday trading on Thursday, reaching $16.27. The company had a trading volume of 1,171,096 shares, compared to its average volume of 1,680,623. ODDITY Tech has a 1 year low of $9.25 and a 1 year high of $64.23. The company has a current ratio of 4.06, a quick ratio of 2.86 and a debt-to-equity ratio of 1.96. The company has a market capitalization of $936.94 million, a P/E ratio of 20.76 and a beta of 2.38. The company has a 50 day moving average of $14.97 and a two-hundred day moving average of $14.31.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last issued its earnings results on Wednesday, September 9th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.08. ODDITY Tech had a net margin of 6.97% and a return on equity of 15.38%. The company had revenue of $180.52 million during the quarter, compared to analyst estimates of $178.23 million. During the same quarter last year, the business posted $0.92 EPS. The company's revenue for the quarter was down 24.9% on a year-over-year basis. On average, equities research analysts expect that ODDITY Tech will post -0.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Mann Drucker sold 109,602 shares of the business's stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $15.09, for a total transaction of $1,653,894.18. Following the completion of the transaction, the chief financial officer owned 77,709 shares of the company's stock, valued at approximately $1,172,628.81. The trade was a 58.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 172,454 shares of company stock worth $2,592,610.

Hedge Funds Weigh In On ODDITY Tech

Hedge funds have recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of ODDITY Tech by 16.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,117 shares of the company's stock valued at $3,293,000 after purchasing an additional 10,582 shares during the period. Geode Capital Management LLC boosted its stake in ODDITY Tech by 12.9% in the 2nd quarter. Geode Capital Management LLC now owns 75,063 shares of the company's stock valued at $5,660,000 after buying an additional 8,561 shares in the last quarter. Legal & General Group Plc acquired a new stake in ODDITY Tech in the 2nd quarter valued at $71,000. American Century Companies Inc. grew its position in ODDITY Tech by 17.3% in the second quarter. American Century Companies Inc. now owns 14,300 shares of the company's stock valued at $1,079,000 after acquiring an additional 2,105 shares during the period. Finally, Invesco Ltd. acquired a new position in ODDITY Tech during the second quarter worth $327,000. Institutional investors and hedge funds own 35.88% of the company's stock.

Key Stories Impacting ODDITY Tech

Here are the key news stories impacting ODDITY Tech this week:

• Positive Sentiment: ODDITY reported adjusted earnings of $0.20 per share, exceeding the $0.12 consensus estimate, while revenue of approximately $181 million also topped expectations of about $178 million. ODDITY Tech Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management expects third-quarter revenue to decline approximately 5% year over year, a meaningful improvement from the 25% second-quarter decline. SpoiledChild posted double-digit growth, and METHODIQ is off to a strong start. ODDITY Tech Reports Second Quarter 2026 Results
• Positive Sentiment: The company retains substantial liquidity, with $561 million in cash and investments and $350 million of undrawn credit facilities. It also repurchased approximately $80 million of shares during the quarter, supporting per-share value.
• Neutral Sentiment: Jefferies raised its price target from $16 to $18 but maintained a Hold rating. Needham likewise reaffirmed its Hold recommendation, indicating limited conviction despite the improved outlook.
• Negative Sentiment: Second-quarter revenue fell 24.9% year over year to $180.5 million, while net income dropped to $12.9 million from $49.3 million and adjusted EBITDA plunged to $12.9 million from $69.5 million. Full-year revenue is still expected to decline about 19%, with adjusted EBITDA of only $30 million to $32 million. Oddity Tech Reveals Drop in Q2 Bottom Line
• Negative Sentiment: Barclays issued a Sell rating, adding pressure after the stock’s earnings-related rally. The downgrade reflects concerns about the scale of the earnings decline and the unresolved advertising-algorithm problem affecting the IL MAKIAGE brand. ODDITY Tech Receives a Sell from Barclays

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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