ODDITY Tech (NASDAQ:ODD – Get Free Report) was downgraded by analysts at Evercore from an “outperform” rating to an “in-line” rating in a research note issued on Thursday, MarketBeat reports. They presently have a $23.00 target price on the stock. Evercore’s target price points to a potential upside of 95.41% from the company’s previous close.
A number of other brokerages have also recently issued reports on ODD. Zacks Research cut shares of ODDITY Tech from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Barclays reaffirmed an “underweight” rating and set a $13.00 price objective (down from $40.00) on shares of ODDITY Tech in a research note on Thursday. Needham & Company LLC cut shares of ODDITY Tech from a “buy” rating to a “hold” rating in a research note on Wednesday. KeyCorp reissued an “overweight” rating on shares of ODDITY Tech in a report on Friday, February 20th. Finally, Truist Financial reaffirmed a “hold” rating and set a $18.00 price target (down from $80.00) on shares of ODDITY Tech in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $31.73.
Check Out Our Latest Analysis on ODD
ODDITY Tech Trading Down 14.5%
ODDITY Tech (NASDAQ:ODD – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. ODDITY Tech had a return on equity of 30.74% and a net margin of 13.68%.The firm had revenue of $152.73 million for the quarter, compared to analysts’ expectations of $151.11 million. During the same period in the prior year, the business posted $0.20 earnings per share. The business’s revenue was up 23.8% compared to the same quarter last year. On average, sell-side analysts predict that ODDITY Tech will post 1.62 EPS for the current fiscal year.
Institutional Trading of ODDITY Tech
A number of hedge funds and other institutional investors have recently modified their holdings of ODD. Janus Henderson Group PLC raised its position in ODDITY Tech by 115.0% in the 4th quarter. Janus Henderson Group PLC now owns 2,423,917 shares of the company’s stock worth $97,379,000 after purchasing an additional 1,296,551 shares during the last quarter. Baillie Gifford & Co. increased its stake in shares of ODDITY Tech by 17.8% in the 4th quarter. Baillie Gifford & Co. now owns 7,122,641 shares of the company’s stock valued at $286,188,000 after buying an additional 1,076,921 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of ODDITY Tech by 8,711.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 835,315 shares of the company’s stock worth $63,041,000 after acquiring an additional 825,835 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of ODDITY Tech by 507.8% during the second quarter. Acadian Asset Management LLC now owns 821,759 shares of the company’s stock valued at $61,984,000 after acquiring an additional 686,549 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in ODDITY Tech by 378.5% in the second 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. Institutional investors and hedge funds own 35.88% of the company’s stock.
Key Headlines Impacting ODDITY Tech
Here are the key news stories impacting ODDITY Tech this week:
- Positive Sentiment: Q4 revenue and sales growth topped some estimates (reported 23.5% y/y sales growth), showing demand resiliency even as margins were pressured by investments. Oddity’s Q4 Earnings Beat Estimates, Margin Remains Under Pressure
- Positive Sentiment: KeyCorp kept an overweight stance (despite lowering its target), which signals at least one major shop still sees multi-quarter upside vs. today’s price. Benzinga coverage of KeyCorp rating
- Neutral Sentiment: Several firms reduced price targets but left constructive/neutral ratings (Evercore to in-line, JPMorgan reaffirmed neutral at a lower PT), leaving mixed analyst tone rather than uniform sell-side abandonment. Finviz coverage of analyst changes
- Negative Sentiment: Management cut Q1 2026 revenue guidance by roughly 30%, triggering the sharp market reaction and major downward re-pricing of forward expectations. Oddity Tech (ODD) Is Down 55.0% After Cutting Q1 2026 Revenue Outlook By About 30%
- Negative Sentiment: Bank of America and other brokers cut ratings (BoA to underperform with $10 PT); multiple downgrades and removed “bull” ratings have pressured sentiment. BoA downgrade / coverage summary
- Negative Sentiment: Multiple investor law firms (Pomerantz, DJS, Schall) have opened investigations into ODD, increasing legal risk and potential liability concerns for shareholders. Pomerantz investigation notice DJS Law Group notice Schall Law Firm notice
- Negative Sentiment: Sell-side notes and market commentary point to an ad-algorithm change reducing near-term sales; headlines and downgrades highlight risk to the sales trajectory. Investing.com: ad algorithm change coverage
- Negative Sentiment: Shares set a new 52‑week low amid the wave of downgrades and the guidance cut, reflecting heavy selling and elevated volatility. AmericanBankingNews: 52-week low report
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.
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