Oddity Tech: Executing Well (Rating Upgrade)
Portfolio Pulse from
Oddity Tech has been upgraded due to its strong data-driven, AI-powered DTC model, which is expected to gain market share through FY28. Despite a higher EV/EBITDA valuation, its robust balance sheet, zero debt, and strong free cash flow support a share buyback program.
December 04, 2024 | 8:45 pm
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Oddity Tech's AI-powered DTC model is expected to drive market share gains through FY28. The company has a strong balance sheet, zero debt, and is initiating a $100m share buyback.
Oddity Tech's AI-driven model and strong financials, including zero debt and robust free cash flow, justify its premium valuation and support a positive outlook. The $100m share buyback indicates confidence in future performance, likely boosting stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100