ODDITY Tech (NASDAQ:ODD) Trading Down 4.8% on Analyst Downgrade

Key Points

• ODDITY Tech's shares fell by 4.8% after KeyCorp lowered its price target from $90.00 to $80.00, although they maintain an overweight rating.
• Despite the downgrade, analysts have mixed opinions, with JMP Securities and Bank of America setting price targets at $80.00 and recommending a buy, while Zacks Research issued a strong sell rating.
• ODDITY Tech reported better-than-expected earnings with an EPS of $0.92, surpassing the consensus estimate, and projected Q3 2025 guidance of 0.330-0.360 EPS.

ODDITY Tech Ltd. (NASDAQ:ODD - Get Free Report)'s share price dropped 4.8% during trading on Thursday after KeyCorp lowered their price target on the stock from $90.00 to $80.00. KeyCorp currently has an overweight rating on the stock. ODDITY Tech traded as low as $55.68 and last traded at $55.37. Approximately 40,056 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 788,322 shares. The stock had previously closed at $58.18.

Other equities research analysts have also issued research reports about the company. JMP Securities reaffirmed a "market outperform" rating and issued a $80.00 price target on shares of ODDITY Tech in a research report on Tuesday, September 23rd. Zacks Research downgraded ODDITY Tech from a "hold" rating to a "strong sell" rating in a research report on Monday. Truist Financial boosted 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. Weiss Ratings restated a "hold (c)" rating on shares of ODDITY Tech in a research note on Saturday, September 27th. Finally, Bank of America increased their price objective on ODDITY Tech from $68.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Seven investment 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 MarketBeat, ODDITY Tech presently has an average rating of "Moderate Buy" and an average target price of $73.90.

Hedge Funds Weigh In On ODDITY Tech

Large investors have recently modified their holdings of the business. WD Rutherford LLC bought a new position in ODDITY Tech during the second quarter worth $48,000. Assetmark Inc. acquired a new stake in ODDITY Tech in the second quarter worth $54,000. Legal & General Group Plc purchased a new position in ODDITY Tech during the second quarter worth about $71,000. Deutsche Bank AG raised 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 during the period. Finally, Headlands Technologies LLC bought a new stake in shares of ODDITY Tech in the second quarter valued at approximately $108,000. Institutional investors own 35.88% of the company's stock.

ODDITY Tech Stock Down 6.5%

The stock's fifty day moving average is $61.33 and its two-hundred day moving average is $61.74. The company has a current ratio of 6.32, a quick ratio of 5.57 and a debt-to-equity ratio of 1.66. The firm has a market cap of $3.04 billion, a P/E ratio of 30.39, a price-to-earnings-growth ratio of 2.83 and a beta of 3.21.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.88 by $0.04. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. The company had revenue of $241.14 million for the quarter, compared to analyst estimates of $237.44 million. During the same quarter last year, the firm earned $0.82 EPS. The firm's quarterly revenue 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, research analysts anticipate that ODDITY Tech Ltd. will post 1.62 earnings per share for the current 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.

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