ODDITY Tech (NASDAQ:ODD) Shares Up 5.9% Following Analyst Upgrade

ODDITY Tech Ltd. (NASDAQ:ODD – Get Free Report) shares rose 5.9% on Friday after Barclays raised their price target on the stock from $12.00 to $15.00. Barclays currently has an underweight rating on the stock. ODDITY Tech traded as high as $17.63 and last traded at $17.7140. 189,855 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 1,544,833 shares. The stock had previously closed at $16.73.

ODD has been the subject of several other reports. Truist Financial increased their price objective on ODDITY Tech from $18.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday. Wall Street Zen upgraded ODDITY Tech from a “strong sell” rating to a “sell” rating in a research note on Sunday, October 18th. Bank of America restated an “underperform” rating on shares of ODDITY Tech in a research note on Thursday, September 10th. Weiss Ratings raised ODDITY Tech from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 9th. Finally, Morgan Stanley raised their price target on ODDITY Tech from $16.50 to $18.50 and gave the stock an “equal weight” rating in a research note on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $23.45.

Check Out Our Latest Stock Report on ODD

Insider Activity at ODDITY Tech

In other news, CFO Mann Drucker sold 21,571 shares of the business’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 sale, the chief financial officer directly owned 104,492 shares in the company, valued at approximately $1,582,008.88. The trade was a 17.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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. Insiders have sold a total of 51,379 shares of company stock valued at $765,474 over the last 90 days.

Top ODDITY Tech Stories

These are some of the ODD stories that stood out recently:

  • Positive Sentiment: ODDITY reported Q3 adjusted EPS of $0.37, topping the $0.30 consensus, while revenue also beat estimates. Coverage highlighted that the year-over-year revenue decline had nearly halted, helping underpin a more positive view of the recovery. Zacks Q3 results Q3 earnings analysis
  • Neutral Sentiment: Analyst reactions were mixed. Truist lifted its target to $20 while maintaining a Hold rating; Needham reaffirmed Hold. Barclays raised its target to $15 but retained an Underweight rating, and Jefferies lowered its target to $20. The divided views suggest the earnings beat has not yet resolved concerns about the growth trajectory. Analyst forecasts
  • Negative Sentiment: Despite beating estimates, Q3 earnings and revenue were lower year over year, and ODDITY revised its 2026 revenue outlook. Recent analysis describes the recovery as uneven and warns that growth is not assured, which could limit enthusiasm for the results and weigh on the stock. Results and outlook Recovery analysis

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ODD. First Trust Advisors LP acquired a new position in ODDITY Tech during the 3rd quarter worth $1,240,000. Ieq Capital LLC acquired a new stake in shares of ODDITY Tech in the third quarter valued at about $325,000. Landscape Capital Management L.L.C. grew its position in shares of ODDITY Tech by 65.7% in the third quarter. Landscape Capital Management L.L.C. now owns 347,941 shares of the company’s stock valued at $6,493,000 after purchasing an additional 138,014 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of ODDITY Tech in the third quarter valued at about $575,000. Finally, Conestoga Capital Advisors LLC increased its stake in shares of ODDITY Tech by 14.7% in the third quarter. Conestoga Capital Advisors LLC now owns 111,970 shares of the company’s stock worth $2,089,000 after purchasing an additional 14,350 shares during the period. 35.88% of the stock is currently owned by institutional investors and hedge funds.

ODDITY Tech Stock Up 5.8%

The company has a debt-to-equity ratio of 2.21, a current ratio of 3.45 and a quick ratio of 2.11. The business has a 50 day moving average price of $19.63 and a 200 day moving average price of $17.04. The firm has a market capitalization of $1.02 billion, a P/E ratio of 93.32 and a beta of 2.14.

ODDITY Tech (NASDAQ:ODD – Get Free Report) last announced its earnings results on Wednesday, November 11th. The company reported $0.37 earnings per share for the quarter, beating 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 the consensus estimate of $140.53 million. During the same quarter in the prior year, the company earned $0.28 EPS. On average, analysts predict that ODDITY Tech Ltd. will post -0.25 earnings per share for the current year.

ODDITY Tech Company Profile

(Get Free Report)

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.

Further Reading

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