ODDITY Tech (NASDAQ:ODD) Shares Gap Down Following Weak Earnings

ODDITY Tech Ltd. (NASDAQ:ODD)’s share price gapped down before the market opened on Wednesday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $9.84, but opened at $9.30. ODDITY Tech shares last traded at $10.00, with a volume of 803,402 shares changing hands.

The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.13). The business had revenue of $197.94 million during the quarter, compared to analyst estimates of $187.87 million. ODDITY Tech had a net margin of 13.68% and a return on equity of 29.84%. The company’s revenue was down 26.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.69 earnings per share.

Key ODDITY Tech News

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on ODD shares. Zacks Research downgraded ODDITY Tech from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings cut shares of ODDITY Tech from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 3rd. The Goldman Sachs Group cut their target price on ODDITY Tech from $20.00 to $16.00 and set a “neutral” rating on the stock in a research report on Friday, March 27th. Bank of America lowered ODDITY Tech from a “buy” rating to an “underperform” rating and set a $10.00 price target for the company. in a research report on Thursday, February 26th. Finally, Barclays reiterated an “underweight” rating on shares of ODDITY Tech in a report on Wednesday. Ten research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $30.66.

Insider Buying and Selling at ODDITY Tech

In related news, CFO Mann Lindsay Drucker sold 9,603 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $13.44, for a total value of $129,064.32. Following the transaction, the chief financial officer owned 77,709 shares of the company’s stock, valued at $1,044,408.96. This represents a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 28,807 shares of company stock valued at $402,428.

Institutional Trading of ODDITY Tech

Several institutional investors have recently modified their holdings of ODD. Avidity Partners Management LP purchased a new stake in ODDITY Tech in the first quarter valued at $937,000. Segall Bryant & Hamill LLC purchased a new position in shares of ODDITY Tech during the first quarter worth about $488,000. Amundi increased its position in shares of ODDITY Tech by 17.8% during the first quarter. Amundi now owns 434,945 shares of the company’s stock worth $5,820,000 after purchasing an additional 65,647 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of ODDITY Tech in the 1st quarter valued at about $1,275,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of ODDITY Tech in the 1st quarter valued at about $405,000. Hedge funds and other institutional investors own 35.88% of the company’s stock.

ODDITY Tech Stock Up 1.6%

The company has a current ratio of 5.24, a quick ratio of 4.06 and a debt-to-equity ratio of 1.47. The business has a 50 day moving average of $13.96 and a 200-day moving average of $26.24. The stock has a market cap of $575.80 million, a PE ratio of 5.56, a P/E/G ratio of 1.83 and a beta of 2.47.

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.