ODDITY Tech (NASDAQ:ODD) Given New $12.00 Price Target at Truist Financial

ODDITY Tech (NASDAQ:ODD) had its price objective cut by research analysts at Truist Financial from $18.00 to $12.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s price objective would suggest a potential upside of 18.11% from the company’s previous close.

ODD has been the subject of several other research reports. Evercore downgraded shares of ODDITY Tech from an “outperform” rating to an “in-line” rating and set a $23.00 price target for the company. in a research report on Thursday, February 26th. Barclays reaffirmed an “underweight” rating on shares of ODDITY Tech in a research report on Wednesday. Bank of America lowered ODDITY Tech from a “buy” rating to an “underperform” rating and set a $10.00 target price for the company. in a report on Thursday, February 26th. Needham & Company LLC restated a “hold” rating on shares of ODDITY Tech in a research note on Tuesday. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $10.25 price objective on shares of ODDITY Tech in a research report on Tuesday. Ten research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $30.11.

ODDITY Tech Stock Up 3.3%

Shares of ODD traded up $0.32 during trading hours on Wednesday, hitting $10.16. The company had a trading volume of 1,188,828 shares, compared to its average volume of 1,917,539. The stock has a market capitalization of $585.01 million, a price-to-earnings ratio of 5.64, a P/E/G ratio of 1.83 and a beta of 2.47. The firm has a fifty day moving average price of $13.96 and a 200-day moving average price of $26.24. ODDITY Tech has a 52-week low of $9.25 and a 52-week high of $78.28. The company has a debt-to-equity ratio of 1.47, a quick ratio of 4.06 and a current ratio of 5.24.

ODDITY Tech (NASDAQ:ODD) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.13). The firm had revenue of $197.94 million for the quarter, compared to analysts’ expectations of $187.87 million. ODDITY Tech had a net margin of 13.68% and a return on equity of 29.84%. The business’s revenue for the quarter was down 26.2% compared to the same quarter last year. During the same period last year, the company posted $0.69 earnings per share. On average, equities research analysts forecast that ODDITY Tech will post 0.64 EPS for the current fiscal year.

Insider Activity

In related news, CFO Mann Lindsay Drucker sold 9,604 shares of ODDITY Tech stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $12.85, for a total value of $123,411.40. Following the completion of the sale, the chief financial officer owned 49,054 shares of the company’s stock, valued at $630,343.90. The trade was a 16.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last quarter, insiders sold 28,807 shares of company stock valued at $402,428.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ODD. TD Asset Management Inc grew its stake in shares of ODDITY Tech by 7.7% during the 3rd quarter. TD Asset Management Inc now owns 6,629 shares of the company’s stock valued at $413,000 after purchasing an additional 476 shares during the period. Wexford Capital LP bought a new position in shares of ODDITY Tech in the 3rd quarter worth approximately $40,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of ODDITY Tech by 134.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,134 shares of the company’s stock worth $69,000 after buying an additional 651 shares during the last quarter. USS Investment Management Ltd boosted its holdings in shares of ODDITY Tech by 5.3% in the fourth quarter. USS Investment Management Ltd now owns 13,753 shares of the company’s stock worth $552,000 after buying an additional 695 shares during the last quarter. Finally, California State Teachers Retirement System boosted its holdings in shares of ODDITY Tech by 2.0% in the fourth quarter. California State Teachers Retirement System now owns 43,532 shares of the company’s stock worth $1,749,000 after buying an additional 870 shares during the last quarter. 35.88% of the stock is owned by hedge funds and other institutional investors.

ODDITY Tech News Summary

Here are the key news stories impacting ODDITY Tech this week:

• Positive Sentiment: ODDITY Tech highlighted strong liquidity, with $667.4 million in cash and investments plus $350 million in undrawn credit facilities, and it continued share repurchases. ODDITY Tech Reports First Quarter 2026 Results, Makes Progress Toward Normalization
• Neutral Sentiment: KeyCorp reaffirmed its “sector weight” rating on ODDITY Tech, suggesting the latest selloff has not yet changed its stance. Benzinga
• Negative Sentiment: The company missed EPS expectations and reported a year-over-year revenue decline, signaling pressure on profitability and demand. ODDITY Tech Q1 2026 Earnings Call
• Negative Sentiment: Management’s Q2 revenue guidance came in below analyst forecasts, reinforcing concerns that customer-acquisition issues may continue to hurt results. ODDITY Tech Swings to Q1 Loss as Ad Disruption Hits Sales but Steps Up Buybacks

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. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.