JMP Securities reiterated their market outperform rating on shares of ODDITY Tech (NASDAQ:ODD – Free Report) in a report issued on Tuesday,Benzinga reports. JMP Securities currently has a $80.00 price target on the stock.
A number of other analysts have also recently weighed in on the company. Barclays raised their price target on ODDITY Tech from $60.00 to $73.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 15th. Morgan Stanley lifted their target price on ODDITY Tech from $56.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Bank of America lifted their target price on ODDITY Tech from $68.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. JPMorgan Chase & Co. lifted their target price on ODDITY Tech from $63.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 3rd. Finally, Needham & Company LLC initiated coverage on ODDITY Tech in a research report on Thursday, August 28th. They set a “buy” rating and a $72.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.90.
Check Out Our Latest Stock Report on ODDITY Tech
ODDITY Tech Stock Up 1.0%
ODDITY Tech (NASDAQ:ODD – Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.04. ODDITY Tech had a return on equity of 32.17% and a net margin of 14.65%.The company had revenue of $241.14 million for the quarter, compared to analysts’ expectations of $237.44 million. During the same period last year, the firm earned $0.82 earnings per share. ODDITY Tech’s quarterly revenue was up 25.1% on a year-over-year basis. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. On average, sell-side analysts expect that ODDITY Tech will post 1.62 EPS for the current fiscal year.
Hedge Funds Weigh In On ODDITY Tech
Institutional investors have recently added to or reduced their stakes in the stock. WD Rutherford LLC acquired a new position in ODDITY Tech in the 2nd quarter valued at about $48,000. Assetmark Inc. acquired a new position in ODDITY Tech in the 2nd quarter valued at about $54,000. Deutsche Bank AG increased its position in ODDITY Tech by 65.0% in the 1st quarter. Deutsche Bank AG now owns 1,340 shares of the company’s stock valued at $58,000 after acquiring an additional 528 shares during the period. Legal & General Group Plc acquired a new position in ODDITY Tech in the 2nd quarter valued at about $71,000. Finally, Headlands Technologies LLC acquired a new position in ODDITY Tech in the 2nd quarter valued at about $108,000. Institutional investors and hedge funds own 35.88% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than ODDITY Tech
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Lower Rates Put RV Stocks Back in the Fast Lane
- What is the S&P/TSX Index?
- Alphabet: Time to Take Profits, Buy, or Wait for a Pullback?
- There Are Different Types of Stock To Invest In
- Hershey vs. Mondelez: Which Stock Wins Chocolate Season?
Receive News & Ratings for ODDITY Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ODDITY Tech and related companies with MarketBeat.com's FREE daily email newsletter.