ODDITY Tech Ltd. (NASDAQ:ODD) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• ODDITY Tech Ltd. has received a consensus recommendation of "Moderate Buy" from nine analysts, with a target price averaging $74.56.
• The company's stock saw a 0.7% increase, with a market capitalization of $3.39 billion and a current ratio of 6.32.
• ODDITY Tech reported its earnings on August 4th, exceeding expectations with an EPS of $0.92 and a year-over-year revenue increase of 25.1%.

ODDITY Tech Ltd. (NASDAQ:ODD - Get Free Report) has received an average rating of "Moderate Buy" from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $74.5556.

Several equities research analysts recently issued reports on the stock. KeyCorp raised their target price on shares of ODDITY Tech from $65.00 to $90.00 and gave the stock an "overweight" rating in a report on Monday, July 14th. JPMorgan Chase & Co. raised their target price on ODDITY Tech from $63.00 to $85.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 3rd. Truist Financial upped their price objective on ODDITY Tech from $65.00 to $78.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. Bank of America increased their price objective on shares of ODDITY Tech from $68.00 to $80.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Finally, JMP Securities upped their price objective on ODDITY Tech from $72.00 to $80.00 and gave the stock a "market outperform" rating in a research note on Tuesday, August 5th.

Institutional Investors Weigh In On ODDITY Tech

A number of institutional investors have recently added to or reduced their stakes in the stock. WD Rutherford LLC purchased a new position in shares of ODDITY Tech in the second quarter worth $48,000. Assetmark Inc. bought a new stake in shares of ODDITY Tech in the 2nd quarter worth about $54,000. Legal & General Group Plc bought a new position in shares of ODDITY Tech in the 2nd quarter valued at about $71,000. Deutsche Bank AG grew its position in ODDITY Tech by 65.0% in the first quarter. Deutsche Bank AG now owns 1,340 shares of the company's stock worth $58,000 after acquiring an additional 528 shares in the last quarter. Finally, Headlands Technologies LLC bought a new stake in ODDITY Tech during the second quarter worth approximately $108,000. 35.88% of the stock is owned by hedge funds and other institutional investors.

ODDITY Tech Stock Up 2.3%

Shares of NASDAQ:ODD traded up $1.40 during trading on Wednesday, reaching $62.13. 388,437 shares of the stock traded hands, compared to its average volume of 845,742. The stock has a 50-day moving average of $66.69 and a two-hundred day moving average of $58.86. 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 has a 52-week low of $32.71 and a 52-week high of $79.18. The stock has a market cap of $3.47 billion, a P/E ratio of 34.52, a price-to-earnings-growth ratio of 2.87 and a beta of 3.25.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.04. The business had revenue of $241.14 million for 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%. During the same quarter in the prior year, the business earned $0.82 EPS. The business's revenue for the quarter was up 25.1% compared to the same quarter last year. 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, sell-side analysts expect that ODDITY Tech will post 1.62 earnings per share for the current fiscal year.

ODDITY Tech Company Profile

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.