KeyCorp Lowers ODDITY Tech (NASDAQ:ODD) Price Target to $80.00

Key Points

• KeyCorp has lowered its price target for ODDITY Tech from $90.00 to $80.00, while still maintaining an "overweight" rating on the stock, indicating a potential upside of 34.68% from its current price.
• ODDITY Tech's recent earnings report showed a quarterly earnings per share of $0.92, exceeding analysts' estimates, with revenue growth of 25.1% year-over-year.
• Analysts' ratings for ODDITY Tech are largely favorable, with seven analysts suggesting a Buy rating, leading to an average rating of "Moderate Buy" and a price target of $73.90.

ODDITY Tech (NASDAQ:ODD - Get Free Report) had its target price dropped by investment analysts at KeyCorp from $90.00 to $80.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an "overweight" rating on the stock. KeyCorp's price objective suggests a potential upside of 34.68% from the company's current price.

Several other brokerages have also recently issued reports on ODD. JMP Securities reissued a "market outperform" rating and issued a $80.00 price objective on shares of ODDITY Tech in a research note on Tuesday, September 23rd. Truist Financial lifted their target price on shares of ODDITY Tech from $65.00 to $78.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Zacks Research cut ODDITY Tech from a "hold" rating to a "strong sell" rating in a research report on Monday. Bank of America increased their price target on ODDITY Tech from $68.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Finally, Morgan Stanley boosted their target price on shares of ODDITY Tech from $56.00 to $61.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. Seven equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $73.90.

ODDITY Tech Price Performance

Shares of NASDAQ ODD opened at $59.40 on Wednesday. The stock's 50-day simple moving average is $61.56 and its 200-day simple moving average is $61.77. The firm has a market capitalization of $3.32 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 2.84 and a beta of 3.21. ODDITY Tech has a fifty-two week low of $35.30 and a fifty-two week high of $79.18. The company has a debt-to-equity ratio of 1.66, a quick ratio of 5.57 and a current ratio of 6.32.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.04. The firm had revenue of $241.14 million during the quarter, compared to analysts' expectations of $237.44 million. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. ODDITY Tech's quarterly revenue was up 25.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.82 earnings per share. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. As a group, equities research analysts forecast that ODDITY Tech will post 1.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Moody National Bank Trust Division increased its holdings in ODDITY Tech by 7.7% during the 3rd quarter. Moody National Bank Trust Division now owns 101,495 shares of the company's stock worth $6,323,000 after purchasing an additional 7,279 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of ODDITY Tech by 248.0% in the second quarter. Osaic Holdings Inc. now owns 25,622 shares of the company's stock worth $1,933,000 after buying an additional 18,260 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in ODDITY Tech in the second quarter valued at $225,000. Cim LLC acquired a new stake in ODDITY Tech in the second quarter valued at $1,915,000. Finally, Headlands Technologies LLC bought a new position in ODDITY Tech during the 2nd quarter valued at $108,000. Hedge funds and other institutional investors own 35.88% of the company's stock.

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.

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