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

On Tuesday, 164 companies hit new 52-week lows. Notable companies include NextEra Energy, SenesTech, WeWork, and Tarena International. The largest move was seen by WeWork, with shares plummeting 3189.55% to hit a new 52-week low. Tarena International's shares had the biggest turnaround, rebounding 0.0% after reaching a new 52-week low.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 5:34 pm

KeyBanc Capital Market analyst Scott Schoenhaus initiated coverage on ODDITY Tech Ltd (NASDAQ:ODD) with an Overweight rating and a price target of $60. The analyst sees ODD in the early stages of its growth story, with near-term tailwinds from its ongoing disruption of beauty and wellness end markets and longer-term growth opportunities from its differentiated technology. The company's shares are currently trading lower by 4.73% at $44.16.

Portfolio Pulse from Lekha Gupta

August 15, 2023 | 6:19 pm

Barclays analyst Lauren Lieberman has initiated coverage on ODDITY Tech (NASDAQ:ODD) with an Overweight rating and a price target of $57.

Portfolio Pulse from richadhand@benzinga.com

August 15, 2023 | 9:37 am

Keybanc analyst Scott Schoenhaus has initiated coverage on ODDITY Tech (NASDAQ:ODD) with an Overweight rating and a price target of $60.

Portfolio Pulse from richadhand@benzinga.com

August 15, 2023 | 8:10 am

Truist Securities analyst Youssef Squali initiates coverage on ODDITY Tech Ltd. (NASDAQ:ODD) with a Hold rating and $54 price target. Squali views Oddity as a crucial disruptor in the Beauty & Wellness industry with a solid user base of 40 million+ customers. The company's proprietary consumer data and machine learning apps provide highly relevant product recommendations. Squali estimates ODD to compound top-line growth at ~20% with 20%+ AEBITDA margins for several years, outstripping growth in both eCommerce and the Beauty industry. The company's shares are currently trading lower by 11.78% to $46.21.

Portfolio Pulse from Nabaparna Bhattacharya

August 14, 2023 | 5:44 pm

ODDITY Tech shares are trading lower after several firms initiated coverage on the stock and announced their respective price targets.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 5:01 pm

Truist Securities analyst Youssef Squali has initiated coverage on ODDITY Tech (NASDAQ:ODD) with a Hold rating and a price target of $54.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 11:01 am

B of A Securities has initiated coverage on ODDITY Tech (NASDAQ:ODD) with a Neutral rating and a price target of $60.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 10:58 am

Morgan Stanley has initiated coverage on ODDITY Tech (NASDAQ:ODD) with an Equal-Weight rating and a price target of $57.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 10:01 am

JMP Securities analyst Andrew Boone has initiated coverage on ODDITY Tech (NASDAQ:ODD) with a Market Outperform rating and a price target of $66.

Portfolio Pulse from richadhand@benzinga.com

August 14, 2023 | 9:27 am

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