Streetbeat News

ODD

Oddity Tech Ltd.

Industry

Software - Infrastructure

Oddity Tech Ltd., together with its subsidiaries, operates as a consumer-tech company worldwide. The company provides beauty and wellness products utilizing its PowerMatch technology. It builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries. The company offers products for face and complexion, eyes and brows, lips, and skin care under the IL MAKIAGE brand; and hair and skin care products under the SpoiledChild brand. The company was incorporated in 2013 and is based in Tel Aviv-Jaffa, Israel.

Open

42.39

Mkt cap

2.3B

Volume

569K

High

42.56

P/E Ratio

24.39

52-wk high

50.36

Low

39.47

Div yield

N/A

52-wk low

30.34

ODDITY Tech (NASDAQ:ODD) reported Q2 2024 earnings of $0.82 per share, beating the analyst estimate of $0.68 by 20.59%. Sales were $192.774 million, surpassing the $188.548 million estimate and marking a 27.40% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:58 pm

Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on ODDITY Tech (NASDAQ:ODD) but lowers the price target from $42 to $40.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 4:52 pm

Truist Securities has maintained a Buy rating on ODDITY Tech (NASDAQ:ODD) and raised the price target from $58 to $60.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:29 pm

GameStop shares fell over 22% after releasing worse-than-expected Q1 results and filing to sell up to 75 million shares. The company reported net sales of $881.8 million, missing the consensus estimate of $995.3 million, and a loss of 12 cents per share, missing the estimate of a loss of 9 cents per share. Other stocks moving significantly include Trinity Place Holdings, Leafly Holdings, Venus Concept, Asensus Surgical, Faraday Future, Geron Corporation, and more.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 5:07 pm

Truist Securities analyst Youssef Squali has reiterated a Buy rating on ODDITY Tech (NASDAQ:ODD) and maintained a price target of $58.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:57 pm

ODDITY Tech Ltd. (NASDAQ:ODD) shares are surging after the company approved a $150 million share buyback and raised its second-quarter guidance. The company now expects Q2 revenue of ~$189 million and adjusted EPS of ~$0.69, both above previous estimates.

Portfolio Pulse from Lekha Gupta

June 07, 2024 | 2:46 pm

Several US-listed companies saw significant stock price movements on Friday. Argan, Inc. (AGX) reported strong earnings, leading to an 11.1% rise in its stock price. Geron Corporation (GERN) saw a 26% increase following FDA approval of its drug. Other notable gainers included SunPower Corporation (SPWR), Oddity Tech Ltd. (ODD), Yext, Inc. (YEXT), and Planet Labs PBC (PL), among others.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 2:19 pm

Market-Moving News for June 7th: GameStop (GME) shares drop 16% after poor Q1 results and a new share offering. BioCardia (BCDA) surges 65% on a new patent grant. ODDITY Tech (ODD) rises 8% following a share buyback approval and raised Q2 guidance.

Portfolio Pulse from ryanfaloona@benzinga.com

June 07, 2024 | 12:26 pm

ODDITY Tech shares are trading higher after the company approved a share buyback and raised its Q2 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:04 pm

ODDITY Tech has raised its Q2 net revenue guidance to $185M-$189M, surpassing the $187.43M estimate. Additionally, the company has increased its adjusted EPS guidance from $0.56 to approximately $0.69, compared to the $0.63 estimate.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:03 pm

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