ODDITY Tech (NASDAQ:ODD) Sets New 52-Week Low – Here’s What Happened

Shares of ODDITY Tech Ltd. (NASDAQ:ODD) hit a new 52-week low on Monday . The stock traded as low as $34.75 and last traded at $35.1660, with a volume of 128636 shares trading hands. The stock had previously closed at $35.42.

Analyst Ratings Changes

ODD has been the topic of a number of analyst reports. JMP Securities reiterated a “market outperform” rating and issued a $80.00 price objective on shares of ODDITY Tech in a research report on Tuesday, September 23rd. Zacks Research upgraded shares of ODDITY Tech from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. KeyCorp cut their price target on shares of ODDITY Tech from $70.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday. JPMorgan Chase & Co. dropped their target price on ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating on the stock in a research report on Friday, December 12th. Finally, Needham & Company LLC reissued a “buy” rating and set a $72.00 target price on shares of ODDITY Tech in a research note on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $64.40.

ODDITY Tech Trading Down 1.2%

The company has a debt-to-equity ratio of 1.53, a current ratio of 7.54 and a quick ratio of 6.42. The business has a 50-day moving average price of $41.20 and a two-hundred day moving average price of $54.65. The firm has a market cap of $1.95 billion, a PE ratio of 19.56, a PEG ratio of 1.41 and a beta of 3.17.

ODDITY Tech (NASDAQ:ODD) last posted its earnings results on Wednesday, November 19th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.05. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The firm had revenue of $147.90 million during the quarter, compared to the consensus estimate of $145.44 million. During the same period last year, the firm posted $0.32 EPS. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. Analysts forecast that ODDITY Tech Ltd. will post 1.62 EPS for the current year.

Hedge Funds Weigh In On ODDITY Tech

Institutional investors have recently made changes to their positions in the stock. State of New Jersey Common Pension Fund D grew its holdings in shares of ODDITY Tech by 74.9% during the second quarter. State of New Jersey Common Pension Fund D now owns 14,323 shares of the company’s stock worth $1,081,000 after buying an additional 6,132 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in ODDITY Tech by 378.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock valued at $50,695,000 after acquiring an additional 531,334 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of ODDITY Tech during the second quarter worth $1,029,000. Jennison Associates LLC purchased a new stake in shares of ODDITY Tech in the second quarter valued at $423,000. Finally, Yorktown Management & Research Co Inc purchased a new stake in shares of ODDITY Tech in the second quarter valued at $426,000. 35.88% of the stock is owned by institutional investors and hedge funds.

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