JPMorgan Chase & Co. Issues Pessimistic Forecast for ODDITY Tech (NASDAQ:ODD) Stock Price

ODDITY Tech (NASDAQ:ODD) had its price objective lowered by investment analysts at JPMorgan Chase & Co. from $67.00 to $59.00 in a report released on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 34.75% from the company’s previous close.

Other analysts have also recently issued reports about the company. KeyCorp dropped their price objective on ODDITY Tech from $90.00 to $80.00 and set an “overweight” rating for the company in a report on Wednesday, October 8th. Barclays decreased their price objective on ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating for the company in a research note on Friday, November 21st. Needham & Company LLC reissued a “buy” rating and issued a $72.00 target price on shares of ODDITY Tech in a research report on Thursday, November 20th. Jefferies Financial Group initiated coverage on shares of ODDITY Tech in a report on Wednesday, September 24th. They set a “buy” rating and a $78.00 target price on the stock. Finally, JMP Securities restated a “market outperform” rating and issued a $80.00 target price on shares of ODDITY Tech in a research report on Tuesday, September 23rd. Seven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.40.

ODDITY Tech Price Performance

NASDAQ ODD traded down $0.66 on Friday, hitting $43.79. 326,582 shares of the company were exchanged, compared to its average volume of 833,192. ODDITY Tech has a 1-year low of $35.30 and a 1-year high of $79.18. The company has a market cap of $2.44 billion, a P/E ratio of 24.49, a P/E/G ratio of 2.29 and a beta of 3.16. The company has a current ratio of 7.54, a quick ratio of 6.42 and a debt-to-equity ratio of 1.53. The firm has a 50 day moving average of $45.39 and a two-hundred day moving average of $59.59.

ODDITY Tech (NASDAQ:ODD) last issued its quarterly earnings results on Wednesday, November 19th. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The business had revenue of $147.90 million during the quarter, compared to analyst estimates of $145.44 million. During the same quarter last year, the business posted $0.32 earnings per share. ODDITY Tech’s revenue for the quarter was up 24.3% compared to the same quarter last year. 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. On average, equities analysts predict that ODDITY Tech will post 1.62 EPS for the current year.

Hedge Funds Weigh In On ODDITY Tech

Large investors have recently added to or reduced their stakes in the business. Penn Capital Management Company LLC boosted its holdings in ODDITY Tech by 20.9% during the 3rd quarter. Penn Capital Management Company LLC now owns 210,290 shares of the company’s stock valued at $13,134,000 after acquiring an additional 36,330 shares during the period. Woodline Partners LP raised its stake in ODDITY Tech by 0.3% during the third quarter. Woodline Partners LP now owns 401,229 shares of the company’s stock valued at $24,997,000 after buying an additional 1,117 shares during the last quarter. Voleon Capital Management LP purchased a new position in shares of ODDITY Tech in the 3rd quarter worth about $1,763,000. Wexford Capital LP purchased a new stake in shares of ODDITY Tech during the third quarter valued at $40,000. Finally, Verition Fund Management LLC grew its stake in shares of ODDITY Tech by 10.8% in the third quarter. Verition Fund Management LLC now owns 35,109 shares of the company’s stock worth $2,187,000 after acquiring an additional 3,435 shares during the period. Institutional investors own 35.88% of the company’s stock.

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.