ODDITY Tech's (ODD) Hold (C) Rating Reaffirmed at Weiss Ratings

Key Points

• ODDITY Tech's stock received a "hold (c)" rating from Weiss Ratings, reaffirming its moderate outlook amid mixed research analyst opinions.
• Bank of America recently raised its target price for ODDITY Tech to $80.00, while Zacks Research downgraded it to a "strong sell," showing divergent views on the stock's potential.
• The company's quarterly earnings beat estimates with an EPS of $0.92, resulting in a revenue increase of 25.1% year-over-year, reflecting strong financial performance.

ODDITY Tech (NASDAQ:ODD - Get Free Report)'s stock had its "hold (c)" rating reiterated by stock analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

ODD has been the topic of a number of other research reports. Bank of America lifted their target price on ODDITY Tech from $68.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, June 27th. Zacks Research cut ODDITY Tech from a "hold" rating to a "strong sell" rating in a report on Monday. Jefferies Financial Group assumed coverage on ODDITY Tech in a report on Wednesday, September 24th. They set a "buy" rating and a $78.00 price target for the company. Needham & Company LLC assumed coverage on ODDITY Tech in a research report on Thursday, August 28th. They set a "buy" rating and a $72.00 price objective on the stock. Finally, 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 report on Tuesday, July 29th. Seven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $73.90.

ODDITY Tech Stock Performance

Shares of NASDAQ ODD opened at $58.18 on Wednesday. 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 business has a fifty day simple moving average of $61.33 and a 200 day simple moving average of $61.74. ODDITY Tech has a one year low of $35.30 and a one year high of $79.18. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 2.83 and a beta of 3.21.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.04. The firm had revenue of $241.14 million for the quarter, compared to analyst estimates of $237.44 million. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. The company's revenue for the quarter was up 25.1% compared to the same quarter last year. During the same period in the previous year, the business 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. Sell-side analysts expect that ODDITY Tech will post 1.62 EPS for the current year.

Hedge Funds Weigh In On ODDITY Tech

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sheets Smith Wealth Management increased its holdings in ODDITY Tech by 1.5% during the 1st quarter. Sheets Smith Wealth Management now owns 20,792 shares of the company's stock valued at $899,000 after purchasing an additional 315 shares during the period. Deutsche Bank AG grew its position in shares of ODDITY Tech by 65.0% during the first quarter. Deutsche Bank AG now owns 1,340 shares of the company's stock valued at $58,000 after purchasing an additional 528 shares in the last quarter. WD Rutherford LLC bought a new position in shares of ODDITY Tech in the 2nd quarter valued at about $48,000. Assetmark Inc. bought a new stake in ODDITY Tech in the second quarter worth about $54,000. Finally, Legal & General Group Plc bought a new stake in shares of ODDITY Tech during the second quarter valued at approximately $71,000. 35.88% of the stock is currently owned by institutional investors.

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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