ODDITY Tech (NASDAQ:ODD) Share Price Breaks Above 50-Day Moving Average Following Weak Earnings

ODDITY Tech Ltd. (NASDAQ:ODD)’s stock price passed above its 50-day moving average during trading on Wednesday after the company announced better than expected quarterly earnings. The stock has a 50-day moving average of $19.59 and traded as high as $21.90. ODDITY Tech shares last traded at $19.90, with a volume of 2,219,732 shares changing hands.

The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.07). ODDITY Tech had a net margin of 2.23% and a return on equity of 2.58%. The business had revenue of $144.98 million for the quarter, compared to analysts’ expectations of $140.53 million. During the same period last year, the business earned $0.28 earnings per share.

Trending Headlines about ODDITY Tech

Investors following ODD have been watching these headlines:

• Positive Sentiment: Third-quarter revenue was about $145 million, ahead of the roughly $140.5 million consensus. ODDITY also raised its full-year 2026 net revenue and adjusted EBITDA outlook; revenue guidance is $660 million versus the prior consensus of $656.6 million. ODDITY Tech Q3 results and outlook
• Positive Sentiment: Zacks reported adjusted quarterly EPS of $0.37, above its $0.30 consensus estimate. The company also reported $22 million in adjusted EBITDA and $561 million in cash, cash equivalents and investments. Zacks Q3 earnings report
• Neutral Sentiment: Fourth-quarter revenue guidance of $135.9 million to $137.5 million was broadly in line with the $136.8 million consensus, offering no major near-term surprise. Q3 results and guidance

Analyst Ratings Changes

Several equities analysts have recently issued reports on ODD shares. The Goldman Sachs Group reiterated a “sell” rating on shares of ODDITY Tech in a report on Wednesday. Bank of America restated an “underperform” rating on shares of ODDITY Tech in a research note on Thursday, September 10th. Wall Street Zen raised ODDITY Tech from a “strong sell” rating to a “sell” rating in a research report on Sunday, October 18th. Zacks Research upgraded ODDITY Tech from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 14th. Finally, Jefferies Financial Group lifted their price objective on ODDITY Tech from $16.00 to $18.00 and gave the company a “hold” rating in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, ODDITY Tech has an average rating of “Reduce” and an average target price of $22.35.

Insider Activity at ODDITY Tech

In other news, CFO Mann Drucker sold 7,717 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $15.09, for a total value of $116,449.53. Following the completion of the transaction, the chief financial officer owned 116,135 shares in the company, valued at $1,752,477.15. The trade was a 6.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 51,379 shares of company stock valued at $765,474.

Institutional Investors Weigh In On ODDITY Tech

Several institutional investors have recently modified their holdings of the business. Ieq Capital LLC bought a new position in ODDITY Tech during the 3rd quarter valued at about $325,000. Landscape Capital Management L.L.C. grew its stake in shares of ODDITY Tech by 65.7% in the third quarter. Landscape Capital Management L.L.C. now owns 347,941 shares of the company’s stock worth $6,493,000 after acquiring an additional 138,014 shares during the period. Jefferies Financial Group Inc. bought a new stake in shares of ODDITY Tech in the third quarter worth approximately $575,000. Conestoga Capital Advisors LLC grew its stake in shares of ODDITY Tech by 14.7% in the third quarter. Conestoga Capital Advisors LLC now owns 111,970 shares of the company’s stock worth $2,089,000 after acquiring an additional 14,350 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. raised its holdings in shares of ODDITY Tech by 38.3% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 4,125 shares of the company’s stock valued at $77,000 after purchasing an additional 1,142 shares during the last quarter. 35.88% of the stock is owned by hedge funds and other institutional investors.

ODDITY Tech Price Performance

The stock has a market capitalization of $1.15 billion, a PE ratio of 82.92 and a beta of 2.14. The firm’s fifty day moving average price is $19.59 and its two-hundred day moving average price is $17.14. The company has a quick ratio of 2.11, a current ratio of 3.45 and a debt-to-equity ratio of 2.21.

About ODDITY Tech

ODDITY Tech Ltd. is a technology-driven consumer company that develops and operates digital-first beauty and wellness brands. Its portfolio includes IL MAKIAGE, which offers makeup and skincare products, and SpoiledChild, which focuses on beauty and wellness products. The company uses data analytics, artificial intelligence and other technology to support product development, personalized recommendations and online shopping. Its brands primarily sell directly to consumers through e-commerce platforms.