Wall Street Zen Upgrades ODDITY Tech (NASDAQ:ODD) to Hold

Key Points

• Wall Street Zen upgraded ODDITY Tech from Sell to Hold. Analyst views remain mixed: MarketBeat reports a consensus rating of Reduce and an average price target of $23.65.
• ODDITY Tech beat quarterly expectations, reporting EPS of $0.37 versus $0.30 expected and revenue of about $145 million versus $140.5 million expected.
• Other analysts showed differing views: Truist raised its price target to $20 and kept Hold, while Barclays increased its target to $15 but maintained Underweight.

ODDITY Tech (NASDAQ:ODD - Get Free Report) was upgraded by analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other research firms also recently commented on ODD. Citigroup reissued a "market perform" rating on shares of ODDITY Tech in a report on Thursday, September 10th. Jefferies Financial Group set a $20.00 target price on shares of ODDITY Tech in a research note on Wednesday. Barclays raised their target price on shares of ODDITY Tech from $12.00 to $15.00 and gave the company an "underweight" rating in a research note on Thursday. Truist Financial lifted their price target on shares of ODDITY Tech from $18.00 to $20.00 and gave the company a "hold" rating in a report on Thursday. Finally, Bank of America reiterated an "underperform" rating on shares of ODDITY Tech in a research note on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average price target of $23.65.

ODDITY Tech Trading Up 5.4%

Shares of ODD stock opened at $17.63 on Friday. The company has a debt-to-equity ratio of 2.21, a quick ratio of 2.11 and a current ratio of 3.45. The stock has a fifty day simple moving average of $19.70 and a two-hundred day simple moving average of $16.95. The firm has a market capitalization of $1.02 billion, a PE ratio of 92.79 and a beta of 2.14. ODDITY Tech has a 52-week low of $9.25 and a 52-week high of $46.45.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last released its earnings results on Wednesday, November 11th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.07. ODDITY Tech had a return on equity of 0.63% and a net margin of 1.27%. The firm had revenue of $144.98 million during the quarter, compared to analysts' expectations of $140.53 million. During the same quarter last year, the business posted $0.28 earnings per share. On average, analysts predict that ODDITY Tech will post -0.25 EPS for the current fiscal year.

Insider Activity at ODDITY Tech

In related news, CFO Mann Drucker sold 21,571 shares of the firm's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $15.14, for a total value of $326,584.94. Following the completion of the transaction, the chief financial officer directly owned 104,492 shares of the company's stock, valued at approximately $1,582,008.88. This trade represents a 17.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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. In the last ninety days, insiders sold 51,379 shares of company stock worth $765,474.

Hedge Funds Weigh In On ODDITY Tech

Several institutional investors have recently bought and sold shares of ODD. Empowered Funds LLC bought a new position in shares of ODDITY Tech in the 1st quarter valued at about $1,275,000. State Street Corp grew its position in ODDITY Tech by 123.5% in the second quarter. State Street Corp now owns 836,446 shares of the company's stock worth $12,655,000 after acquiring an additional 462,137 shares in the last quarter. Rice Hall James & Associates LLC bought a new stake in ODDITY Tech during the first quarter worth approximately $3,533,000. Sparta 24 Ltd. bought a new stake in ODDITY Tech during the first quarter worth approximately $1,082,000. Finally, Avidity Partners Management LP bought a new stake in ODDITY Tech during the first quarter worth approximately $937,000. Institutional investors own 35.88% of the company's stock.

ODDITY Tech News Roundup

Investors following ODD have been watching these news items:

• Positive Sentiment: ODDITY reported earnings per share of $0.37, above the $0.30 consensus, while revenue of about $145 million also topped estimates. Coverage described the revenue decline as nearly halted, supporting a possible recovery. Article: Oddity Tech Q3 2026 earnings
• 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
• Negative Sentiment: Barclays raised its target to $15 from $12 but kept an Underweight rating, signaling continued caution about the shares. Article: Barclays rating

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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