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

45.35

Mkt cap

2.6B

Volume

372K

High

46.13

P/E Ratio

28.00

52-wk high

51.00

Low

44.40

Div yield

N/A

52-wk low

30.34

Goldman Sachs analyst Jason English has initiated coverage on ODDITY Tech (NASDAQ:ODD) with a Neutral rating and a price target of $59.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 9:26 am

ODDITY Tech's shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 6:50 pm

ODDITY Tech (NASDAQ:ODD) reported Q2 earnings of $0.56 per share, a 69.7% increase YoY. The company also reported sales of $151.31 million, a 54.94% increase YoY.

Portfolio Pulse from totan@benzinga.com

August 09, 2023 | 8:12 pm

AI-driven beauty and wellness company, Oddity Tech (NASDAQ:ODD), made a successful debut on the public market, with its shares soaring 40% above the IPO price. The company reached a market valuation of $2.8 billion. Oddity, known for its Il Makiage and Spoiled Child brands, raised approximately $424 million with the sale of 12.1 million shares. The company plans to invest over $100 million to acquire biotech startup Revela and open a U.S.-based lab, and will use the proceeds from its offering to invest more in its data and technology.

Portfolio Pulse from Piero Cingari

July 19, 2023 | 8:57 pm

Oddity Tech's shares have started trading at $49.10, significantly higher than their initial public offering (IPO) price of $35 per share.