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

ODDITY Tech (NASDAQ:ODD) reported Q3 earnings of $0.21 per share, beating the analyst consensus estimate of $0.14 by 50%. This is a 200% increase from the same period last year. The company also reported quarterly sales of $94.47 million, beating the analyst consensus estimate of $89.64 million by 5.39%. This is a 37.02% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 07, 2023 | 9:41 pm

U.S.-listed Chinese stocks are trading higher in the premarket following a report by Bloomberg that China is considering new stimulus measures to meet its annual growth target. Stocks mentioned include Alibaba (BABA), Baidu (BIDU), iShares China Large-Cap ETF (FXI), JD.com (JD), Li Auto (LI), NIO Inc. (NIO), Oddball Stocks (ODD), and XPeng Inc. (XPEV).

Portfolio Pulse from Charles Gross

October 10, 2023 | 9:21 am

The article lists the stocks that gained and lost the most in Friday's mid-day session. Among the gainers were Applied UV, Inc., ParaZero Technologies Ltd., and American Oncology Network, Inc. The losers included OMNIQ Corp., VivoPower International PLC, and CalAmp Corp. The article also mentions several other stocks that experienced significant price changes.

Portfolio Pulse from Lisa Levin

October 06, 2023 | 5:59 pm

Several US stocks recorded gains in Friday's session. Notably, TROOPS, Inc. (TROO) surged 14.9%, NuScale Power Corporation (SMR) jumped 13.3% after Standard Power chose its SMR technology for two projects, and Scholar Rock Holding Corporation (SRRK) climbed 11% after completing enrollment for a Phase 3 trial. Overstock.com (OSTK) gained 11.4% after a director bought 31,800 shares, and Edgewise Therapeutics (EWTX) rose 10.4% after starting enrollment for a pivotal study. Pioneer Natural Resources (PXD) gained 9.8% following a report of a potential acquisition by Exxon Mobil (XOM), and Stagwell Inc. (STGW) gained 9.7% after a Buy rating initiation and $8 price target announcement.

Portfolio Pulse from Lisa Levin

October 06, 2023 | 4:10 pm

ODDITY Tech (NASDAQ:ODD) has received a mix of bullish and indifferent analyst ratings in the last quarter, with no bearish ratings. The average 12-month price target for the stock, according to 11 analysts, is $54.91, a decrease of 3.67% from the previous average of $57.00.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 1:00 pm

B of A Securities analyst Lorraine Hutchinson has upgraded ODDITY Tech (NASDAQ:ODD) from Neutral to Buy, but lowered the price target from $60 to $37.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 10:32 am

Barclays analyst Lauren Lieberman maintains an Equal-Weight rating on ODDITY Tech (NASDAQ:ODD) and lowers the price target from $57 to $34.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 10:00 am

Truist Securities analyst Youssef Squali upgraded the rating on ODDITY Tech Ltd (NASDAQ:ODD) to Buy from Hold and maintained a price target of $54. The upgrade is based on the company's positive pre-announced Q3 FY23 results and raised outlook for net revenue growth and gross margin. The analyst expects the company to witness revenue growth of 49.7% y/y in FY23.

Portfolio Pulse from Lekha Gupta

October 03, 2023 | 6:28 pm

Several stocks experienced significant movement in Tuesday's mid-day session. Vericity, Inc. (VERY) shares climbed 87.4% after iA Financial Group announced it will acquire the company. POINT Biopharma Global Inc. (PNT) surged 84.7% after Eli Lilly And Co (LLY) agreed to acquire the company. ALX Oncology Holdings Inc. (ALXO) shares jumped 56% after releasing interim Phase 2 data from its ASPEN-06 trial. On the downside, SmileDirectClub, Inc. (SDC) dipped 39.7% after receiving notice that its securities will be delisted from the Nasdaq. WeWork Inc. (WE) fell 22% after opting not to make aggregate interest payments totaling about $95.2 million.

Portfolio Pulse from Lisa Levin

October 03, 2023 | 5:32 pm

Despite a general downturn in the US stock market, several stocks recorded gains. Vericity, Inc. saw a significant increase after iA Financial Group announced its acquisition. POINT Biopharma Global Inc. also gained after Eli Lilly And Co agreed to acquire it. Clean Energy Fuels Corp., Warby Parker Inc., Lantheus Holdings, Inc., Oddity Tech Ltd., Fiverr International Ltd., Studio City International Holdings Limited, NuScale Power Corporation, and Synaptics Incorporated also saw increases.

Portfolio Pulse from Lisa Levin

October 03, 2023 | 2:09 pm

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