The Goldman Sachs Group Cuts ODDITY Tech (NASDAQ:ODD) Price Target to $16.00

ODDITY Tech (NASDAQ:ODD) had its target price trimmed by The Goldman Sachs Group from $20.00 to $16.00 in a research note released on Friday,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other research firms have also recently commented on ODD. Bank of America cut ODDITY Tech from a “buy” rating to an “underperform” rating and set a $10.00 price target on the stock. in a research note on Thursday, February 26th. KeyCorp lowered their price objective on ODDITY Tech from $50.00 to $30.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Needham & Company LLC lowered ODDITY Tech from a “buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Weiss Ratings cut ODDITY Tech from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, March 3rd. Finally, Barclays reissued an “underweight” rating and set a $13.00 price target (down from $40.00) on shares of ODDITY Tech in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $31.36.

ODDITY Tech Stock Performance

ODD opened at $13.22 on Friday. The firm’s 50 day moving average is $23.26 and its 200-day moving average is $38.36. ODDITY Tech has a 52-week low of $10.80 and a 52-week high of $79.18. The company has a quick ratio of 4.06, a current ratio of 5.24 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $761.21 million, a P/E ratio of 7.34, a P/E/G ratio of 1.73 and a beta of 3.55.

ODDITY Tech (NASDAQ:ODD) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.06. ODDITY Tech had a net margin of 13.68% and a return on equity of 29.84%. The business had revenue of $152.73 million during the quarter, compared to analyst estimates of $151.11 million. During the same period last year, the business earned $0.20 EPS. The business’s revenue was up 23.8% on a year-over-year basis. Analysts expect that ODDITY Tech will post 1.62 EPS for the current fiscal year.

Hedge Funds Weigh In On ODDITY Tech

Several large investors have recently added to or reduced their stakes in the company. Citigroup Inc. grew its position in shares of ODDITY Tech by 220.4% during the 3rd quarter. Citigroup Inc. now owns 228,786 shares of the company’s stock valued at $14,253,000 after buying an additional 157,374 shares during the last quarter. Bamco Inc. NY lifted its holdings in ODDITY Tech by 11.3% in the third quarter. Bamco Inc. NY now owns 1,376,781 shares of the company’s stock worth $85,773,000 after acquiring an additional 139,348 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in ODDITY Tech by 378.5% in the second quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock valued at $50,695,000 after acquiring an additional 531,334 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in ODDITY Tech by 1.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,738,125 shares of the company’s stock valued at $108,285,000 after acquiring an additional 28,930 shares during the period. Finally, Fox Run Management L.L.C. bought a new position in shares of ODDITY Tech during the third quarter valued at approximately $1,532,000. 35.88% of the stock is currently owned by institutional investors.

More ODDITY Tech News

Here are the key news stories impacting ODDITY Tech this week:

• Positive Sentiment: Recent earnings beat and revenue growth — ODD reported a quarterly EPS beat on Feb. 26 and year‑over‑year revenue growth, which supports underlying profitability and a below‑market P/E. (This is a constructive fundamental anchor for longer‑term investors.)
• Neutral Sentiment: Goldman Sachs cut its price target from $20 to $16 and moved the stock to a “neutral” rating — the change lowers sell‑side expectations and may pressure sentiment despite implying upside from current levels. Goldman Sachs price target cut
• Negative Sentiment: Multiple securities‑class actions and investor alerts filed — several firms (Hagens Berman, Pomerantz, Rosen, Berger Montague, Faruqi & Faruqi, Glancy Prongay Wolke & Rotter and others) have announced or filed suits alleging misleading disclosures tied to an ad‑partner algorithm change, an alleged “dislocation” issue and an expected ~30% revenue decline; the litigation notices include a May 11, 2026 deadline for lead plaintiff motions. These developments raise legal, settlement and reputational risk and explain heavy selling and elevated volatility. Hagens Berman class action filing

About ODDITY Tech

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.