Oddity Overview
ODDITY is a consumer tech company which builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries. The company owns IL MAKIAGE and SpoiledChild. Oddity uses data and AI to develop brands and make tailored product recommendations for customers. The company uses data science to identify consumer needs and develops solutions in the form of beauty, wellness, and tech products
Cumulative Funding Raised Over Time ($)
$130.0MJan 2022
$164.0MJun 2017
Latest News
growth-negative
AppFolio (APPF) Misses Q3 Earnings Estimates
AppFolio reported quarterly earnings of $1.31 per share, missing the Zacks Consensus Estimate of $1.45 per share, resulting in an earnings surprise of -9.66%. Despite this, the company posted revenues of $249.35 million, surpassing the consensus estimate by 1.52%. Over the last four quarters, AppFolio has only surpassed consensus EPS estimates once. The companys shares have lost about 3.3% since the beginning of the year, underperforming the S&P 500s gain of 17.2%. The stocks future performance will depend on managements commentary and earnings outlook. Currently, AppFolio holds a Zacks Rank #3 (Hold), indicating expected market-aligned performance.
growth-positive
ODDITY to Announce Third Quarter 2025 Financial Results on November 19, 2025
Oddity Tech Ltd., a consumer tech company known for its AI-driven online platform, announced it will release its third quarter 2025 financial results on November 19, 2025. The company will host a conference call on November 20, 2025, to discuss the results. Oddity serves around 60 million users by leveraging data science to develop beauty and wellness products. The company owns brands like IL MAKIAGE and SpoiledChild, and operates from New York City, with an R&D center in Tel Aviv and a biotechnology lab in Boston.
growth-positive
KeyBanc Trims Target but Stays Bullish on Oddity’s Beauty-Tech Play
Oddity Tech Ltd. (NASDAQ:ODD) is highlighted as an oversold mid-cap stock with significant growth potential. Despite a price target reduction from $90 to $80 by KeyBanc Capital Markets, the firm maintains an Overweight rating, emphasizing Odditys growth prospects driven by its proprietary hyperspectral and biotech stack. The company plans to launch a medical-grade skin and body care brand in Q4. Odditys vertically integrated DTC model and aggressive R&D investments position it uniquely in the beauty-tech space. The company, which went public in 2023, is noted for its AI-driven platform behind brands like IL MAKIAGE and SpoiledChild, integrating machine learning and biotech R&D to personalize consumer products.
Product StagePublic Trading
growth-positive
KeyBanc Cuts Oddity Tech (ODD) PT to $80 Due to Mixed Healthcare IT Setup
Oddity Tech Ltd. (NASDAQ:ODD), a consumer tech company specializing in digital-first beauty and wellness brands, is experiencing significant growth. Despite KeyBanc lowering its price target to $80 due to a mixed setup in the Healthcare Information Technology sector, Odditys financial performance remains strong. In Q2, the company reported a 25% year-over-year increase in net revenue to $241 million and a 12% rise in adjusted net income. The company has raised its financial outlook for 2025, projecting net revenue between $799-$804 million, driven by online revenue growth and international expansion. Oddity is recognized as a promising investment, although some AI stocks may offer greater potential.
growth-positive
3 Stocks That May Be Undervalued By 20.3% To 41.4%
Oddity Tech Ltd., a consumer tech company focusing on digital-first brands in the beauty and wellness sectors, is experiencing growth with a market cap of approximately $3.48 billion. The companys revenue from its Personal Products segment reached $751.85 million, with Q2 2025 sales at US$241.14 million, up from US$192.77 million the previous year. Net income increased to US$49.29 million. The stock is trading at 20.3% below its estimated fair value, indicating potential undervaluation based on cash flows. Despite moderate forecasted earnings growth of 16.4% annually, the companys financial outlook appears strong. BILL Holdings, another company mentioned, is also undervalued and has seen interest from activist investor Starboard Value LP.
CustomersPartners
| Sector | Retail Platforms |
Funding
| Total funding | $457M |
| Last funding | $423M |
| Stage | Public |
| Rounds | 3 |
| Investors | 5 |
Team Members
4
Employees: 500+
Web & Social Links
| Website | oddity.com/ |
| Careers | Careers page |
Locations
HaHarash St 8, Tel Aviv-Yafo, Israel
New York, NY, USA
Photos & Videos
No files yet
Oddity Business
Business models
B2B, B2C
Product stage
Released
Employees
500+
Sector
Retail PlatformsGoodsTarget Customer
Commerce & RetailDistribution ChannelsDirect-to-consumerConsumer GoodsBeauty & CosmeticsConsumersCore Technology
Artificial IntelligenceMachine LearningComputer VisionTags (4)
single-seller-platformwellnessunicorn-2022skin-careGeographic Markets
United StatesCanadaIsraelGermanyOddity Financials
$457M
Total funding
Undisclosed
Capital raised
$423M
Last funding
Public
Funding stage
3
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$130.0MJan 2022
$164.0MJun 2017
Private Equity Funding
Secondary Round
Jan 2022
$130M
Thomas Tull, First Light Capital Group, Fidelity Ventures, Franklin Templeton
Undisclosed Round
Jun 2017
$34M
L Catterton
Public Offering / Exit
POEvent
Jul 2023
Undisclosed
Mergers & Acquisitions
MNAEvent
Mar 2023
$76M
MNAEvent
Aug 2021
$40M
Oddity Lifecycle
Cumulative Funding Raised Over Time
$130.0MJan 2022
$164.0MJun 2017
All Events
Secondary Round
Jan 2022
$130M
Thomas Tull, First Light Capital Group, Fidelity Ventures, Franklin Templeton
Undisclosed Round
Jun 2017
$34M
L Catterton
POEvent
Jul 2023
Undisclosed
MNAEvent
Mar 2023
$76M
MNAEvent
Aug 2021
$40M
Oddity News
243 articles
growth-negative
AppFolio (APPF) Misses Q3 Earnings Estimates
AppFolio reported quarterly earnings of $1.31 per share, missing the Zacks Consensus Estimate of $1.45 per share, resulting in an earnings surprise of -9.66%. Despite this, the company posted revenues of $249.35 million, surpassing the consensus estimate by 1.52%. Over the last four quarters, AppFolio has only surpassed consensus EPS estimates once. The companys shares have lost about 3.3% since the beginning of the year, underperforming the S&P 500s gain of 17.2%. The stocks future performance will depend on managements commentary and earnings outlook. Currently, AppFolio holds a Zacks Rank #3 (Hold), indicating expected market-aligned performance.
growth-positive
ODDITY to Announce Third Quarter 2025 Financial Results on November 19, 2025
Oddity Tech Ltd., a consumer tech company known for its AI-driven online platform, announced it will release its third quarter 2025 financial results on November 19, 2025. The company will host a conference call on November 20, 2025, to discuss the results. Oddity serves around 60 million users by leveraging data science to develop beauty and wellness products. The company owns brands like IL MAKIAGE and SpoiledChild, and operates from New York City, with an R&D center in Tel Aviv and a biotechnology lab in Boston.
growth-positive
KeyBanc Trims Target but Stays Bullish on Oddity’s Beauty-Tech Play
Oddity Tech Ltd. (NASDAQ:ODD) is highlighted as an oversold mid-cap stock with significant growth potential. Despite a price target reduction from $90 to $80 by KeyBanc Capital Markets, the firm maintains an Overweight rating, emphasizing Odditys growth prospects driven by its proprietary hyperspectral and biotech stack. The company plans to launch a medical-grade skin and body care brand in Q4. Odditys vertically integrated DTC model and aggressive R&D investments position it uniquely in the beauty-tech space. The company, which went public in 2023, is noted for its AI-driven platform behind brands like IL MAKIAGE and SpoiledChild, integrating machine learning and biotech R&D to personalize consumer products.
Product StagePublic Trading
growth-positive
KeyBanc Cuts Oddity Tech (ODD) PT to $80 Due to Mixed Healthcare IT Setup
Oddity Tech Ltd. (NASDAQ:ODD), a consumer tech company specializing in digital-first beauty and wellness brands, is experiencing significant growth. Despite KeyBanc lowering its price target to $80 due to a mixed setup in the Healthcare Information Technology sector, Odditys financial performance remains strong. In Q2, the company reported a 25% year-over-year increase in net revenue to $241 million and a 12% rise in adjusted net income. The company has raised its financial outlook for 2025, projecting net revenue between $799-$804 million, driven by online revenue growth and international expansion. Oddity is recognized as a promising investment, although some AI stocks may offer greater potential.
growth-positive
3 Stocks That May Be Undervalued By 20.3% To 41.4%
Oddity Tech Ltd., a consumer tech company focusing on digital-first brands in the beauty and wellness sectors, is experiencing growth with a market cap of approximately $3.48 billion. The companys revenue from its Personal Products segment reached $751.85 million, with Q2 2025 sales at US$241.14 million, up from US$192.77 million the previous year. Net income increased to US$49.29 million. The stock is trading at 20.3% below its estimated fair value, indicating potential undervaluation based on cash flows. Despite moderate forecasted earnings growth of 16.4% annually, the companys financial outlook appears strong. BILL Holdings, another company mentioned, is also undervalued and has seen interest from activist investor Starboard Value LP.
CustomersPartners
growth-positive
3 Growth Companies With High Insider Ownership Expecting Up To 58% Earnings Growth
Fennec Pharmaceuticals Inc., a commercial stage biopharmaceutical company, is highlighted for its significant insider ownership and positive earnings growth forecast. The company, with a market cap of $251.60 million, generates revenue from the commercialization of PEDMARK. Despite a current net loss, Fennec is projected to achieve profitability within three years, with an anticipated annual revenue growth of 30.2%. Analysts predict a potential stock price increase of 54.9%. The article emphasizes the companys alignment of interests between insiders and shareholders, which is advantageous in uncertain economic times.
growth-positive
Amazon upgraded, Adobe downgraded: Wall Street’s top analyst calls
The article compiles recent research calls from Wall Street, highlighting upgrades and downgrades of various companies. Amazon.com received an upgrade from Wells Fargo, which increased its price target due to anticipated revenue acceleration in Amazon Web Services. ServiceNow was upgraded by Morgan Stanley, citing its potential in delivering generative AI capabilities. General Motors, Quanta Services, and OpenText also received upgrades. Conversely, Adobe, Keurig Dr Pepper, Bloom Energy, Knight-Swift, and Arvinas were downgraded by different firms due to various concerns, including revenue deceleration and market uncertainties.
growth-positive
Amazon upgraded, Adobe downgraded: Wall Street's top analyst calls
The article highlights recent research calls on Wall Street, focusing on upgrades and downgrades of various companies. Amazon.com was upgraded by Wells Fargo to Overweight with a higher price target, citing increased confidence in Amazon Web Services revenue acceleration. ServiceNow was also upgraded by Morgan Stanley due to its potential in delivering generative AI capabilities. Other companies like General Motors, Quanta Services, and OpenText received upgrades based on various strategic and financial factors. Conversely, companies like Adobe, Keurig Dr Pepper, Bloom Energy, Knight-Swift, and Arvinas faced downgrades due to concerns over growth, market conditions, and strategic uncertainties.
growth-positive
Jefferies bullish on Oddity amid skincare brand’s growth run
Jefferies has initiated coverage of Oddity Tech with a Buy rating and a $78 price target, highlighting the companys potential for sustained 20% revenue growth and 20% margins. Oddity Tech plans to launch a new medical-grade skincare line targeting conditions like hyperpigmentation, eczema, and acne by the fourth quarter of 2025. The companys existing brands, IL MAKIAGE and SpoiledChild, have shown significant success, contributing to the confidence in Odditys growth prospects. Jefferies notes that Odditys stock is undervalued compared to its growth outlook and expects the new skincare brand to contribute financially by 2026.
Product StageCustomers
growth-positive
Oddity Tech Ltd.'s (NASDAQ:ODD) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Oddity Tech has experienced a 17% decline in stock value over the past three months, but its strong financials, particularly a high return on equity (ROE) of 31%, suggest potential long-term growth. The companys ROE significantly surpasses the industry average of 12%, and its net income growth of 41% over the past five years is notably higher than the industry average of 4.5%. This indicates that Oddity Tech is effectively reinvesting its profits, which could lead to a higher growth rate. Investors are encouraged to consider whether the market has already priced in this expected growth.
growth-positive
Oddity Tech Ltd. (ODD): A Bull Case Theory
Oddity Tech Ltd. is highlighted in a bullish thesis by Lorenzo Bastianelli on Business Ontology’s Substack. The company is executing a growth strategy in the beauty and emerging medical-grade healthcare markets, with a 25% year-over-year revenue increase in Q2 to $241 million. Odditys AI-driven, direct-to-consumer model is central to its strategy, leveraging a 60+ million-user base and targeting dermatology through its Brand 3 telehealth platform. The company emphasizes sustainable growth with a focus on personalized treatment plans powered by AI and computer-vision technology. Despite past skepticism, Odditys financials and expanding portfolio validate its model, with significant upside potential through continued execution and market expansion.
Product StageCustomers
growth-positive
3 Stocks Estimated To Be Trading At Discounts Of Up To 30.8%
Oddity Tech Ltd., a consumer tech company focusing on digital-first brands in the beauty and wellness sectors, is currently trading at a significant discount to its estimated fair value. With a market cap of $3.36 billion, the company reported a strong Q2 performance, with sales rising to $241.14 million from $192.77 million year-over-year and net income increasing to $49.29 million. The companys revenue and earnings are forecasted to grow faster than the US market average, indicating potential undervaluation based on cash flows. This suggests a growth-positive outlook for Oddity Tech, as it may be poised for expansion.
Expand
growth-positive
Oddity (ODD) Tech Posts Strong Q2 Results, Lifts 2025 Outlook Amid Global Expansion
Oddity Tech Ltd. reported strong second-quarter results for 2025, with revenue reaching $241 million, a 25% increase year-over-year. The company has raised its full-year revenue forecast, anticipating 23% to 24% annual growth. Key drivers include robust e-commerce performance and international expansion, with successful launches in several countries and early testing in others. Oddity is also expanding its skincare line, which now contributes significantly to its revenue, and plans to launch a third brand focused on dermatology-grade products. The company employs AI, data science, and machine learning to enhance its beauty and wellness brands.
Product StageCustomers
growth-positive
High Insider Ownership Fuels Growth Companies In August 2025
Oddity Tech Ltd., a consumer tech company focused on digital-first brands in the beauty and wellness industries, has shown strong revenue growth. With a market cap of approximately $3.38 billion, the company reported a revenue increase to $241.14 million from $192.77 million the previous year. Insider ownership is high at 21.2%, indicating confidence in the companys long-term prospects. The company has raised its full-year earnings guidance, projecting revenue and earnings growth rates of 16% and 16.7% per year, respectively. Oddity Tech is considered undervalued, trading below its estimated fair value by 22%.
Management Changes
growth-negative
Five Below upgraded, Bill downgraded: Wall Street's top analyst calls
Aspen Insurance has been downgraded by Citizens JMP to Market Perform from Outperform following its agreement to be acquired by Sompo Holdings for $37.50 per share, totaling $3.5 billion in cash. This acquisition marks a significant change for Aspen Insurance, impacting its market performance and valuation. The downgrade reflects concerns about the companys future growth prospects under new ownership. The acquisition is part of a broader trend of strategic moves in the insurance sector, with companies seeking to enhance their market positions through mergers and acquisitions.
Acquired-by
growth-positive
The Returns On Capital At Oddity Tech (NASDAQ:ODD) Don't Inspire Confidence
The article discusses Oddity Techs financial performance, focusing on its Return on Capital Employed (ROCE). Although the companys ROCE has decreased from 25% to 13% over the past four years, the increase in capital employed and revenue suggests a strategy focused on long-term growth. The reduction in current liabilities to 12% of total assets indicates a shift towards funding operations with its own capital, which may affect short-term returns but reduces risk. Despite the lower short-term returns, the companys stock has risen by 60% over the past year, reflecting investor optimism about its growth prospects.
growth-positive
Oddity Tech Second Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Oddity Tech reported a revenue of $241.1 million, marking a 25% increase from the second quarter of 2024. The net income rose by 8.3% to $49.3 million, although the profit margin decreased to 20% due to higher expenses. Earnings per share (EPS) increased to $0.87, but missed analyst estimates by 1.7%. Despite a recent 17% drop in share price, the company is expected to grow its revenue by 16% annually over the next three years, outpacing the 4.6% growth forecast for the US Personal Products industry. Oddity Tech is involved in AI technology, particularly in healthcare applications.
growth-negative
Oddity Tech (ODD) Slashes 22% on Profit-Taking
Oddity Tech Ltd. (NASDAQ:ODD) experienced a significant stock decline of 22.04% on Tuesday, closing at $57.72 per share. This drop followed the release of the companys second-quarter earnings report, which showed an 8% increase in net income to $49.28 million and a 25% rise in net revenues to $241 million year-on-year. Despite these positive financial results, investors appeared to have taken profits, leading to the stocks decline. Oddity Tech also raised its revenue growth outlook for the full year 2025. The article suggests that while Oddity Tech has potential, some AI stocks may offer better returns.
growth-positive
ODDITY Q2 Earnings & Sales Beat Estimates, DTC Sales Rise Y/Y
ODDITY Tech Ltd. reported impressive second-quarter 2025 results, with both net sales and earnings surpassing the Zacks Consensus Estimate. The company experienced a year-over-year increase in both top and bottom lines, driven by strong digital performance and direct-to-consumer sales. ODDITYs strategy to innovate in the beauty and wellness space through technology and data science has led to double-digit growth and high profitability. The company raised its full-year outlook, supported by robust top-line growth and a strong liquidity position. Despite an increase in SG&A expenses, the company maintained a healthy gross profit and operating income.
growth-positive
3 Stocks That May Be Priced Below Their Estimated Value In August 2025
The article discusses the potential undervaluation of Oddity Tech Ltd., a consumer tech company focusing on digital-first brands in the beauty and wellness sectors. With a market cap of $4 billion, Oddity Tech is trading at approximately 10% below its estimated fair value, indicating potential growth opportunities. The companys earnings are projected to grow at 24.88% annually, surpassing the broader US market growth rate. Revenue growth is also strong at 16.2% per year. Investors should note the upcoming Q2 2025 earnings release scheduled for August 4th. The article highlights the companys optimistic financial performance and potential for future growth.
growth-positive
Oddity Tech: Q2 Earnings Snapshot
Oddity Tech Ltd., an online retailer of cosmetics and beauty products based in Tel Aviv-Jaffa, Israel, reported a second-quarter net income of $49.3 million, or 79 cents per share. Adjusted earnings were 92 cents per share, surpassing Wall Street expectations of 88 cents per share. The company also exceeded revenue forecasts, posting $241.1 million against the expected $239.2 million. For the upcoming quarter, Oddity Tech anticipates earnings per share between 33 and 36 cents and revenue between $144 million and $146 million. The full-year earnings are projected to be between $2.06 and $2.09 per share, with revenue ranging from $799 million to $804 million.
growth-positive
ODDITY Tech Reports Record Second Quarter Results, Raises Full Year Outlook
Oddity Tech Ltd. reported strong financial results for the second quarter of 2025, with a 25% year-over-year increase in net revenue to $241 million. The company achieved a net income of $49 million and adjusted EBITDA of $70 million. Oddity is expanding its product line with the upcoming launch of Brand 3, targeting the medical-grade product market, and is progressing towards launching Brand 4 in 2026. The company completed a $600 million exchangeable note offering and maintains a strong cash position of $815 million. Odditys growth is driven by its direct-to-consumer model and international expansion, with a focus on technology and new brand development.
Product StageInvestment
growth-positive
Oddity Tech (ODD) Q2 Earnings and Revenues Surpass Estimates
Oddity Tech reported quarterly earnings of $0.92 per share, surpassing the Zacks Consensus Estimate of $0.88. This marks a 4.55% earnings surprise. The company also reported revenues of $241.14 million, exceeding expectations by 0.83%. Over the past year, Oddity Tech has consistently beaten earnings and revenue estimates. The companys stock has risen by 70.6% since the start of the year, significantly outperforming the S&P 500s 6.1% gain. The positive earnings outlook and favorable estimate revisions have resulted in a Zacks Rank #2 (Buy) for Oddity Tech, suggesting continued strong performance in the near future.
growth-positive
Oddity Raises Full-year Forecast, Plans Expansion Into Medical-grade Skin Care With New Telehealth Brand
Oddity Tech, the parent company of Il Makiage and SpoiledChild, has raised its full-year revenue forecast, projecting net revenue between $799 million and $804 million. The company reported a net revenue increase to $241 million in Q2 2024, surpassing analyst expectations. Net income rose to $49 million, with adjusted EPS at 92 cents. CEO Oran Holtzman highlighted the companys plans to reinvest in technology and launch new brands, including a telehealth platform for medical-grade skin and body issues. This expansion into healthcare aims to replicate their success in the beauty sector.
Product StageCustomers
growth-positive
ODD Set to Report Q2 Earnings: What's in Store for the Stock?
Oddity Tech is set to release its second-quarter 2025 results on August 4. The company anticipates non-GAAP earnings between 85 and 89 cents per share, with revenues expected between $235 million and $239 million, indicating a year-over-year growth of 24.1%. Oddity has consistently beaten earnings estimates in the past four quarters, with an average surprise of 32.8%. The companys growth is driven by a growing user base, an expanding online footprint, and strong demand for its IL Makiage Skin and SpoiledChild brands. However, higher tariffs are expected to impact gross margins. Odditys asset-light model and international expansion are key factors in its growth strategy.
Customers
growth-positive
Bank of America Securities Reiterated a Buy Rating on Oddity Tech (ODD)
Oddity Tech Ltd. (NASDAQ:ODD) is recognized as one of the best-performing tech stocks according to hedge funds. On July 16, Anna Lizzul from Bank of America Securities reiterated a Buy rating for the company, highlighting its strong market position and growth potential. Oddity Tech uses proprietary technology for product recommendations, benefiting from the shift to online beauty sales. The company operates a direct-to-consumer model and plans to launch new brands and expand internationally. Its brands, Il Makiage and SpoiledChild, show strong momentum. The article suggests that while Oddity Tech has potential, other AI stocks might offer greater upside.
CustomersExpand
growth-positive
AvePoint, Inc. (AVPT) Reports Next Week: Wall Street Expects Earnings Growth
AvePoint, Inc. is anticipated to report a significant year-over-year increase in earnings and revenues for the quarter ending June 2025. The company is expected to post earnings of $0.06 per share, marking a 700% increase from the previous year, with revenues projected at $96.7 million, up 24%. The consensus EPS estimate has been revised upward by 33.33% over the past 30 days, reflecting analysts reassessment of the companys performance. The earnings report, due on August 7, could positively impact the stock price if the results exceed expectations. The Zacks Earnings ESP model suggests a positive earnings surprise is likely, especially when combined with a strong Zacks Rank.
growth-positive
Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
The article discusses the importance of earnings reports on Wall Street, highlighting how earnings surprises can significantly impact stock prices. Oddity Tech (ODD) is identified as a company with a positive Earnings ESP (Expected Surprise Prediction) of +1.14%, suggesting a potential positive earnings surprise. The article also mentions Western Digital (WDC) as another company with a positive ESP. Both companies are ranked #1 (Strong Buy) by Zacks, indicating strong performance expectations. The article encourages investors to use the Zacks Earnings ESP Filter to identify stocks with high probabilities of earnings surprises for profitable trading.
growth-positive
CoreWeave Stock and 3 More IPOs to Consider as Figma Prepares to Go Public
The article discusses the upcoming IPO of Figma, a company known for its design software. It highlights Figma as a potential investment opportunity as it prepares to go public. The article also mentions CoreWeave stock and other IPOs to consider. Additionally, it briefly touches on Circle Internet Group, noting its current trading status. The focus is primarily on Figmas public trading plans, indicating a growth-positive outlook for the company as it enters the public market.
Public Trading
growth-positive
July 2025's Leading Growth Companies With Strong Insider Commitment
Oddity Tech Ltd. is a consumer tech company focused on developing digital-first brands in the beauty and wellness sectors. With a market cap of approximately $3.82 billion, the company is positioned as a growth entity with significant insider ownership of 23.4%. Oddity Techs forecasted earnings growth is 24.88% annually, which is higher than the US market average of 15%. Despite recent share price volatility, the companys revenue is expected to grow at 16.2%, surpassing the broader markets 9.1%. The company presents both opportunities and risks for investors, with a projected Return on Equity of 28.9% in three years and trading below estimated fair value.
growth-positive
Udemy, Inc. (UDMY) Q2 Earnings and Revenues Surpass Estimates
Udemy, Inc. reported quarterly earnings of $0.16 per share, surpassing the Zacks Consensus Estimate of $0.12 per share, marking a 33.33% earnings surprise. The company also reported revenues of $199.88 million, exceeding the consensus estimate by 1.69%. Over the last four quarters, Udemy has consistently surpassed consensus EPS and revenue estimates. Despite these positive earnings results, Udemy shares have declined by about 13.4% since the beginning of the year, underperforming the S&P 500s gain of 8.3%. The companys future stock performance will largely depend on managements commentary and earnings outlook. Currently, Udemy holds a Zacks Rank #3 (Hold), indicating expected market-aligned performance in the near future.
Bank of America flags 3 breakout stocks to watch ahead of earnings
growth-positive
Oddity Tech (ODD) Earnings Expected to Grow: Should You Buy?
Oddity Tech is expected to report a year-over-year increase in earnings and revenue for the quarter ending June 2025. The earnings report, anticipated on August 4, could positively impact the stock price if the results exceed expectations. The company, an online retailer of cosmetics and beauty products, is projected to post earnings of $0.88 per share, a 7.3% increase from the previous year, and revenues of $237.22 million, up 23.1%. The consensus EPS estimate has remained unchanged over the past 30 days. The Zacks Earnings ESP model suggests that a positive earnings surprise is likely, especially if combined with a strong Zacks Rank.
growth-positive
ODDITY to Announce Second Quarter 2025 Financial Results on August 4, 2025
Oddity Tech Ltd., a consumer tech company, announced it will release its second quarter 2025 financial results on August 4, 2025, followed by a conference call on August 5, 2025. The company, which operates an AI-driven online platform, serves around 60 million users with beauty and wellness products. Oddity owns brands like IL MAKIAGE and SpoiledChild and has its headquarters in New York City, with an R&D center in Tel Aviv and a biotechnology lab in Boston. The announcement is seen as growth-positive, highlighting the companys focus on leveraging AI technology to disrupt traditional beauty and wellness industries.
growth-positive
June 2025's High Insider Ownership Growth Stocks
Corcept Therapeutics Incorporated is a pharmaceutical company focused on developing medications for severe disorders like ALS and ovarian cancer. Despite recent earnings declines, the company shows strong growth potential with expected annual earnings and revenue growth rates of 42.2% and 26.4%, respectively. The company is engaged in promising clinical trials such as DAZALS and ROSELLA. Insider trading activity has been minimal, with more shares bought than sold recently, indicating confidence in the companys future. Corcept Therapeutics has a market cap of approximately $7.57 billion and generates significant revenue through its pharmaceutical products.
Product Stage
growth-positive
Oddity Tech (ODD) is a Great Momentum Stock: Should You Buy?
The article discusses Oddity Tech, an online retailer of cosmetics and beauty products, highlighting its strong performance in the stock market. Oddity Tech holds a Momentum Style Score of B and a Zacks Rank of #1 (Strong Buy), indicating its potential as a promising momentum pick. The companys shares have shown significant growth, outperforming both its industry and the S&P 500 over various time frames. The article emphasizes the importance of momentum investing and how Oddity Techs recent stock performance aligns with this strategy.
growth-positive
Oddity Tech (ODD) Just Flashed Golden Cross Signal: Do You Buy?
Oddity Tech (ODD) is experiencing a positive trend as it recently surpassed its 20-day moving average, indicating a short-term bullish trend. The stock has gained 18.3% over the past four weeks and is ranked as a Zacks Rank #1 (Strong Buy). Positive earnings estimate revisions further strengthen the bullish outlook, with four upward revisions for the current fiscal year. Investors are advised to monitor ODD for potential gains. The article was originally published on Zacks Investment Research.
growth-positive
Oddity Finance LLC Announces Upsize and Pricing of $525 Million Offering of 0% Exchangeable Senior Notes Due 2030
Oddity Tech Ltd. announced a private placement of $525 million in exchangeable senior notes due 2030, with an option for initial purchasers to buy an additional $75 million. The offering, increased from an initial $350 million, is expected to close on June 12, 2025, and result in $510.6 million in net proceeds. The funds will be used for general corporate purposes and potential strategic M&A. A portion will also cover the cost of capped call transactions to offset share dilution. Oddity Tech Ltd. is leveraging this capital raise to strengthen its financial position and pursue future opportunities.
PIPE/PO
growth-positive
Should You Be Adding Oddity Tech (NASDAQ:ODD) To Your Watchlist Today?
Oddity Tech has demonstrated significant growth in earnings per share (EPS) over the past year, increasing from $1.28 to $1.90, a 49% gain. Despite some challenges with EBIT margins, the companys revenue growth remains strong. Insiders hold a substantial stake in the company, valued at $1.0 billion, aligning their interests with shareholders. This insider ownership, coupled with the companys profitability and revenue growth, provides a sense of security for investors. Oddity Techs focus on maintaining balanced EBIT margins and continued revenue growth suggests a positive outlook for the future.
growth-positive
Oddity Finance LLC Announces Proposed $350 Million Offering of 0% Exchangeable Senior Notes Due 2030
Oddity Tech Ltd., through its subsidiary Oddity Finance LLC, announced plans to offer $350 million in exchangeable senior notes due 2030 in a private placement to qualified institutional buyers. The offering aims to provide additional capital for general corporate purposes and potential strategic mergers and acquisitions in the future. A portion of the proceeds will be used to purchase a hedge overlay to offset share dilution. The notes will be senior, unsecured obligations guaranteed by Oddity and its subsidiary, IM Pro Makeup NY L.P. The offering is subject to market conditions, and the company has no immediate plans for material acquisitions.
PIPE/PO
growth-positive
Online Cosmetics Retailer Oddity Draws in Big Money
ODD, an online cosmetics retailer, has shown significant growth, with a 27% revenue increase in its first-quarter fiscal 2025 report, reaching $268 million. The company, known for its AI platform and brands like Il Makiage and Spoiled Child, has seen its stock rise by 83% this year. Institutional investors have shown strong interest, contributing to the stocks upward trajectory. ODDs financial health is robust, with no debt and a cash position of $257 million. The company has raised its full-year guidance, expecting a gross margin of 71% and adjusted EBITDA of $161 million. This strong performance and institutional support make ODD a compelling investment opportunity.
Investment
growth-positive
Is Clearfield (CLFD) Outperforming Other Computer and Technology Stocks This Year?
Clearfield, a company in the Computer and Technology sector, has shown strong performance this year, outperforming the sector average. The company is currently ranked #1 (Strong Buy) by Zacks, with its full-year earnings estimate increasing by 165.5% over the past 90 days. Clearfield has returned approximately 21.7% since the start of the year, compared to a sector average loss of 1.6%. This indicates a positive outlook for the company. Clearfield is part of the Wireless Equipment industry, which has also seen gains this year. Investors are advised to keep an eye on Clearfield and similar stocks for potential growth opportunities.
growth-positive
Oddity Tech Soars 52% in a Month: Is the Stock Still Worth Buying?
Oddity Tech Ltd. has experienced a significant growth surge, with its shares rallying 51.9% over the past month. This growth is attributed to the companys strong performance in the first quarter of 2025, with a 27% increase in revenues year-over-year, reaching $268 million, and a 13% rise in earnings per share. The companys digital-first beauty platform has benefited from the industrys shift to online channels. Odditys flagship brands, IL Makiage and SpoiledChild, have shown double-digit revenue growth, contributing to the companys momentum. The company is also expanding its product portfolio and international presence, with promising results in European markets.
CustomersProduct Stage
growth-positive
Affirm Partners With Cali Pass to Expand in a High-Spending Segment
Affirm Holdings, Inc., a key player in the buy now pay later (BNPL) sector, has partnered with Cali Pass to offer flexible payment options for the winter sports market. This collaboration allows Cali Pass customers to choose between interest-free biweekly payments or extended monthly terms for ski passes and lift tickets starting from the 2025-2026 season. The partnership is expected to enhance Affirms presence in the leisure and travel market, appealing to budget-conscious consumers and potentially expanding into other seasonal markets. Affirms shares have risen by 54.1% over the past year, outperforming industry growth. The U.S. winter sporting goods market is projected to reach $145 billion by 2028.
PartnersCustomers
growth-positive
May 2025's Leading Growth Stocks With Significant Insider Ownership
Oddity Tech Ltd., a consumer tech company focusing on digital-first brands in the beauty and wellness sectors, has demonstrated strong growth. With a market cap of $3.58 billion, the company reported quarterly sales of $268.08 million, up from $211.63 million the previous year. Oddity Tech raised its full-year revenue guidance to between $790 million and $798 million, indicating robust growth expectations. Despite recent share price volatility, earnings are forecasted to grow at 24.8% annually, surpassing the broader U.S. markets expected growth rate of 14.3%. The companys insider ownership stands at 31.8%, reflecting strong confidence in its future potential.
growth-positive
Oddity Tech (NasdaqGM:ODD) Raises Full-Year Earnings Guidance
Oddity Tech has reported impressive first-quarter earnings and raised its full-year earnings guidance, leading to a 56% increase in its share price over the past month. The company anticipates higher net revenue than previously expected, which has bolstered investor confidence. Oddity Techs strong financial outlook and strategic international expansion, along with the launch of a new high-margin brand, are expected to enhance customer experience and support future earnings growth. Despite the recent share price increase, the current price remains below the consensus analyst target, suggesting potential for further appreciation. The company is well-positioned in its market, with earnings growth significantly exceeding industry averages.
growth-positive
The cosmetics-tech hybrid he built is now worth more than double its IPO price.
Oddity, a tech and cosmetics company, has seen significant growth since its IPO, with its valuation more than doubling. Founded by Oren Holtzman, the company has leveraged AI technology to transform e-commerce in the beauty industry. Holtzman recently sold 10% of his stake for $385 million, reducing his ownership to 23% but maintaining control through a dual-class share structure. Odditys growth was fueled by strategic acquisitions, including AI startups, and a successful expansion into the U.S. market. The company raised $423 million in its July 2023 IPO, reaching a peak valuation of $4 billion. Despite a recent drop, it remains valued at $3.36 billion.
PIPEAcquisition
growth-negative
Why Oddity Tech Ltd. (ODD) Declined on Tuesday
Oddity Tech Ltd. (NASDAQ:ODD) experienced a significant stock sell-off, dropping 14.16% to close at $60.16 per share. This decline followed the companys CEO, Oran Holtzman, disposing of a significant stake to improve stock liquidity. Despite the sell-off, Holtzman maintains control with 23% ownership and has entered a one-year lock-up agreement, indicating no further immediate sales. The sell-off was executed under Rule 144 of the Securities Act of 1933. Oddity Tech is a consumer technology company focused on digital-first brands in the beauty and wellness sectors. The article suggests that AI stocks may offer better investment potential than Oddity Tech.
Management Changes
growth-negative
ODDITY Announces Block Trade of Class A Ordinary Shares
Oddity Tech Ltd. announced the sale of 5,500,000 shares of its Class A ordinary shares by an entity affiliated with its co-founder and CEO, Oran Holtzman. This transaction aims to enhance the free float and trading liquidity of Odditys stock. Despite the sale, Mr. Holtzman retains a 23% ownership stake and controls a majority of the voting power. He has entered into a lock-up agreement for one year, indicating no further immediate plans to sell additional shares. Oddity did not receive any proceeds from this transaction, which was conducted under Rule 144 of the Securities Act of 1933.
growth-positive
5 Stocks With Recent Price Strength to Maximize Your Gains
The article discusses the recent volatility in the U.S. stock markets, primarily due to President Donald Trumps tariffs and trade-related policies, which have led to mixed results for major indices. Despite the volatility, certain stocks, including Oddity Tech Ltd., have shown significant price strength. Oddity Tech, a consumer technology company specializing in beauty and wellness, has seen its stock price soar by 73.4% in the past four weeks. The company uses AI-driven platforms to develop its products and operates ODDITY LABS for AI-based molecule discovery. The positive stock performance is attributed to strong market momentum and favorable earnings growth expectations.
growth-positive
Are Computer and Technology Stocks Lagging IHS Holding (IHS) This Year?
IHS Holding, a member of the Computer and Technology sector, has shown impressive year-to-date performance, returning 86.3% compared to the sectors average loss of 8.7%. The company is part of the Communication - Infrastructure industry, which has gained 18.5% this year. IHS Holding currently holds a Zacks Rank of #1 (Strong Buy), with its full-year earnings estimate increasing by 30.9% in the past quarter, indicating positive analyst sentiment. The article also mentions Oddity Tech, another strong performer in the sector, with a 56.3% return this year. Both companies are highlighted as stocks to watch for continued solid performance.
growth-positive
Oddity Tech Ltd. (ODD): A Bull Case Theory
Oddity Tech Ltd. (ODD) has reported a strong Q1 2025, with a 27% year-over-year revenue increase to $268 million, and significant profitability metrics. The company has raised its full-year guidance, projecting $790–$798 million in revenue, driven by its AI-powered direct-to-consumer model. Odditys strategy focuses on revenue expansion, high repeat purchase rates, and launching new brands. The company is expanding internationally and has a robust repeat customer base. Oddity LABS is developing innovative AI-powered skincare products, indicating a potential move into broader healthcare. The company is also considering strategic M&A to enhance its platform. Despite minor dips in Trustpilot scores, web traffic and customer engagement remain strong.
CustomersExpandAcquisition
growth-positive
Jim Cramer Hails Oddity Tech Ltd. (ODD) ‘Fabulous Beat and Raise’ — Stock ‘Caught Fire’
The article discusses Jim Cramers analysis of tech stocks, focusing on Oddity Tech Ltd. (NASDAQ:ODD) among others. Cramer highlights the resilience and strength of large tech companies, emphasizing their ability to thrive even in challenging market conditions. He praises their scale, smart strategies, and robust balance sheets, which enable them to invest heavily in artificial intelligence and adapt to market changes. Cramer also criticizes foreign governments for targeting these companies with lawsuits. Overall, the article conveys a positive outlook on the potential growth and stability of these tech giants, including Oddity Tech Ltd., in the face of economic challenges.
growth-positive
What Makes Oddity Tech (ODD) a Strong Momentum Stock: Buy Now?
The article discusses Oddity Tech, an online retailer of cosmetics and beauty products, highlighting its strong performance in momentum investing. Oddity Tech has a Zacks Momentum Style Score of B and a Zacks Rank of #1 (Strong Buy), indicating its potential as a solid momentum pick. The companys stock has shown significant short-term and long-term price increases, outperforming both its industry and the broader market. Over the past week, Oddity Techs shares have risen by 42.96%, and over the past year, they have increased by 98.48%. This performance suggests a growth-positive impact for the company.
growth-positive
ODDITY Tech Ltd. (ODD) Hit a 52 Week High, Can the Run Continue?
Oddity Techs stock has seen significant growth, rising 66.6% over the past month and reaching a new 52-week high. The company has consistently exceeded earnings expectations, with a recent report showing EPS of $0.69 against an estimate of $0.63. For the current fiscal year, Oddity Tech is projected to achieve earnings of $2.02 per share on $796.06 million in revenues, marking a 3.06% EPS increase and a 23.03% revenue increase. The next fiscal year forecasts further growth with earnings of $2.48 per share on $935.13 million in revenues. Despite its high valuation metrics, Oddity Tech maintains a strong buy recommendation due to favorable earnings revisions.
growth-positive
Oddity Tech (NasdaqGM:ODD) Reports Impressive Q1 2025 Earnings
Oddity Tech has experienced a significant increase in shareholder returns, with its share price rising by 67% over the past month. This growth is attributed to a strong Q1 2025 earnings report, increased sales, net income, and raised full-year revenue guidance. Despite a mixed market context, Oddity Techs performance stands out, with a total return of 95.79% over the past year, contrasting with a decline in the US Personal Products industry. The companys focus on technology-enhanced customization and international expansion is expected to drive further revenue growth. However, ambitious investments may pressure net margins, and geopolitical risks could affect short-term margins. Analysts project a 20.3% annual revenue growth, supported by new telehealth platforms and international scaling.
growth-positive
Oddity Tech First Quarter 2025 Earnings: Beats Expectations
Oddity Tech reported a revenue of US$268.1 million, marking a 27% increase from the first quarter of 2024. The net income rose by 15% to US$37.8 million, although the profit margin decreased to 14% due to higher expenses. Earnings per share (EPS) increased to US$0.68, surpassing analyst estimates by 17%. The companys revenue also exceeded analyst expectations by 2.8%. Looking forward, Oddity Techs revenue is projected to grow at an average of 16% annually over the next three years, significantly outpacing the 4.3% growth forecast for the US Personal Products industry. The companys shares have risen by 46% over the past week.
growth-positive
3 Stocks Estimated To Be Trading At Discounts Of Up To 18.7%
Oddity Tech Ltd., a consumer tech company specializing in digital-first brands in the beauty and wellness sectors, is currently trading below its estimated fair value, suggesting potential undervaluation. The company has a market cap of $3.43 billion and is experiencing strong revenue growth, with projections indicating a 22% to 23% increase by 2025. Earnings are expected to grow at 21.53% annually over the next three years, with a high return on equity projected at 28.9%. Despite recent stock volatility, the companys strong cash flow prospects and growth potential make it an attractive investment opportunity.
Expand
growth-positive
ODDITY Tech Ltd (ODD) Q1 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
ODDITY Tech Ltd reported a strong financial performance in Q1 2025, with a 27% increase in revenue to $268 million and an adjusted EBITDA of $52 million. The company is benefiting from the shift to online shopping and is expanding internationally, with promising results in markets like France, Italy, and Spain. Despite its success, ODDITY faces potential challenges from tariffs and its heavy reliance on the US market. The company is investing in new brand launches and Oddity Labs, which may not contribute to immediate revenue. ODDITY aims to achieve a $1 billion revenue goal for Il Makiage by 2028.
growth-positive
Q1 2025 Oddity Tech Ltd Earnings Call
Oddity Tech Ltd reported strong Q1 2025 earnings, exceeding expectations with a 27% revenue growth to $268 million and an adjusted EBITDA of $52 million. The company is focusing on expanding its international presence and launching new brands, including a telehealth platform. Oddity is investing heavily in technology and R&D to drive innovation in the beauty industry. The company aims to achieve $800 million in revenue by 2025, leveraging its direct-to-consumer model and online platform. Oddity is also developing AI technology for personalized skincare solutions.
Product StageCustomersExpand
growth-positive
Why Oddity Tech Ltd. (ODD) Surged on Wednesday
Oddity Tech Ltd. (NASDAQ:ODD) experienced a significant stock price increase of 30.36% on Wednesday, closing at $61.44 per share. This growth was driven by the companys impressive earnings performance and optimistic business outlook, despite global market uncertainties. Oddity Tech reported a 15% increase in net income for the first quarter of the year, reaching $38 million, and a 26.4% rise in net revenues to $268 million. The company has raised its full-year 2025 revenue outlook to between $790 million and $798 million, representing a 22-23% year-on-year growth. Oddity Tech ranks first among the top-performing stocks on Wednesday.
growth-positive
Beauty Innovator Soars After It Raises Guidance, Sees 'Manageable' Tariff Risk
Israel-based Oddity experienced a significant stock surge of 27% after reporting earnings, marking its best day on record. The company raised its guidance and expressed confidence in managing tariff risks, which contributed to the positive market reaction. The article highlights the companys strong performance and optimistic outlook, which are seen as growth-positive indicators for Oddity.
growth-positive
Closing Bell Movers: Snap falls 14% after Q1 results, no guidance
Oddity Tech reported record Q1 2025 results, leading to a significant increase in its stock price by 24.1%. The company raised its full-year 2025 adjusted EPS outlook to $1.99-$2.04, up from the previous range of $1.94-$1.98. Despite the positive earnings report, JPMorgan and KeyBanc lowered their price targets for Oddity Tech to $50. The article also highlights mixed results in the tech and semiconductor sectors, with Seagate and Western Digital experiencing gains, while Super Micro and Nvidia faced declines. Overall, Oddity Techs strong performance and raised outlook indicate a positive growth trajectory.
growth-positive
Oddity Tech (ODD) Q1 Earnings and Revenues Beat Estimates
Oddity Tech reported quarterly earnings of $0.69 per share, surpassing the Zacks Consensus Estimate of $0.63 per share, marking a 9.52% earnings surprise. The company also reported revenues of $268.08 million, exceeding expectations by 2.86%. Over the past four quarters, Oddity Tech has consistently surpassed consensus EPS and revenue estimates. Despite outperforming the market with a 7.2% share increase since the start of the year, the companys stock is expected to underperform in the near future due to unfavorable estimate revisions, resulting in a Zacks Rank #4 (Sell). The companys future stock movement will depend on managements commentary and earnings outlook.
growth-positive
Oddity Tech: Q1 Earnings Snapshot
Oddity Tech Ltd., an online retailer of cosmetics and beauty products based in Tel Aviv-Jaffa, Israel, reported a first-quarter net income of $37.8 million, or 63 cents per share. Adjusted earnings were 69 cents per share, surpassing Wall Street expectations of 63 cents per share. The company also reported revenue of $268.1 million, exceeding the forecasted $260.6 million. Oddity Tech anticipates full-year earnings between $1.99 and $2.04 per share, with revenue projected to be between $790 million and $798 million. The positive financial results indicate a growth-positive impact on the company.
growth-positive
ODDITY Tech Reports Record First Quarter Results, Raises Full Year Outlook
Oddity Tech Ltd. reported strong financial results for the first quarter of 2025, with net revenue of $268 million, a 27% increase year-over-year. The company achieved an adjusted EBITDA of $52 million and a net income of $38 million. Odditys performance exceeded expectations, prompting an upward revision of their full-year outlook. The company is benefiting from the shift towards online sales in the beauty industry and is actively expanding internationally. Oddity is also progressing with the development of its ODDITY LABS molecule discovery platform and plans to launch a new brand later in the year. The company maintains a strong balance sheet with $257 million in cash and investments.
ExpandProduct Stage
growth-positive
Oddity is proving to be a 'brand scaling machine': Global CFO
ODDITY Tech experienced a surge in its share price during Tuesdays extended hours trading session after the company raised its full-year net revenue guidance and exceeded first quarter earnings estimates. Lindsay Drucker Mann, the Global CFO, discussed the companys position in the beauty product space, its scalability, and its EBITDA margins. The positive financial performance and outlook have contributed to the growth-positive impact on the company.
growth-positive
3 Growth Companies To Watch With Up To 32% Insider Ownership
Oddity Tech Ltd., a consumer tech company in the beauty and wellness sectors, is experiencing strong growth potential with forecasted revenue and earnings growth rates surpassing US market averages. Despite trading at 46.1% below estimated fair value, analysts expect a 29% price increase. The company reported a significant year-over-year sales increase for Q4 2024, alongside modest net income growth. Oddity Tech has secured a $200 million credit facility to support expansion and share buybacks, enhancing its financial flexibility. The companys market cap is approximately $2.34 billion, and it generates revenue from its Personal Products segment, totaling $647.04 million.
Investment
growth-positive
ODDITY to Announce First Quarter 2025 Financial Results on April 29, 2025
Oddity Tech Ltd., a consumer tech company known for its AI-driven online platform, announced it will release its first quarter 2025 financial results on April 29, 2025. The company, which owns brands like IL MAKIAGE and SpoiledChild, serves around 60 million users by leveraging data science to develop beauty and wellness products. Oddity operates from New York City, with an R&D center in Tel Aviv and a biotechnology lab in Boston. The announcement is seen as growth-positive, reflecting the companys ongoing efforts to disrupt the beauty and wellness industries through digital-first strategies.
growth-positive
Oddity Tech (NasdaqGM:ODD) Surges 13% Last Quarter Following Strong Earnings with Sales Hitting US$124M
Oddity Tech has reported a strong financial performance with a 13% price move in the last quarter. The company achieved a significant increase in sales, rising from $97 million to $124 million year-over-year, and executed a share buyback program repurchasing 2.35 million shares. Oddity Tech has also issued optimistic guidance for 2025, expecting further revenue growth. Despite broader market turbulence due to new U.S. tariffs, the companys strategic financial actions, including a new $200 million credit facility, have bolstered its financial flexibility and investor confidence. The companys total shareholder return over the past year was 25.95%, outperforming the US market and the Personal Products industry.
Public TradingInvestment
growth-positive
3 Stocks That May Be Trading Up To 36.1% Below Their Intrinsic Value Estimates
The article discusses the current state of the U.S. stock market, highlighting the potential for undervalued stocks to offer significant upside potential once market conditions stabilize. Oddity Tech Ltd., a consumer tech company focused on beauty and wellness, is identified as one such undervalued stock. With a market capitalization of approximately $2.51 billion, Oddity Tech is trading at $47.61, significantly below its estimated fair value of $74.54. The company has shown a 27% increase in quarterly sales year-over-year and a modest rise in net income, indicating a robust growth trajectory. The article suggests that Oddity Techs future prospects are promising, with earnings expected to grow significantly over the next three years.
growth-positive
Oddity Tech (ODD) Crossed Above the 50-Day Moving Average: What That Means for Investors
The article discusses Oddity Techs (ODD) recent stock performance, highlighting its surpassing of the 50-day moving average, which indicates a short-term bullish trend. The company has experienced a 5.1% rally over the past four weeks and holds a Zacks Rank #3 (Hold). Positive earnings estimate revisions further strengthen the bullish outlook, as no estimates have decreased in the past two months, while three have increased. This combination of technical and fundamental factors suggests that Oddity Tech could see further gains. The article is published by Zacks Investment Research, which offers stock recommendations.
growth-positive
3 High Growth Companies With Strong Insider Ownership
Pagaya Technologies Ltd., a technology company utilizing AI-powered technology, is navigating a challenging financial landscape with high insider ownership of 18.6%. Despite reporting a significant net loss of $401.41 million for 2024, the company forecasts profitability by the second quarter of 2025. Recent insider activity shows more shares were bought than sold, indicating confidence in the companys future. Pagayas revenue growth is expected to surpass the US market average, with projected annual profit growth also above market expectations. The companys current market cap is approximately $864.42 million, and its operations generate revenue from the Software & Programming segment, amounting to $1.03 billion.
growth-positive
Is Oddity Tech Ltd.'s (NASDAQ:ODD) Latest Stock Performance A Reflection Of Its Financial Health?
Oddity Tech has experienced a significant 12% increase in its stock price over the last month, driven by strong financial performance indicators. The companys return on equity (ROE) stands at an impressive 36%, which is significantly higher than the industry average of 8.9%. This high ROE indicates efficient management and a strong ability to turn shareholder investments into profits. Over the past five years, Oddity Techs net income growth has been 45%, surpassing the industry average growth of 9.2%. These factors suggest that Oddity Tech is well-positioned for continued growth, making it an attractive option for investors.
growth-positive
Oddity Tech (ODD) Just Overtook the 20-Day Moving Average
Oddity Tech (ODD) has reached a significant support level, indicating a potential positive trend for investors. The company recently broke through the 20-day moving average, a key indicator for short-term bullish trends. Over the past four weeks, ODD shares have risen by 12.4%, and the company holds a Zacks Rank #3 (Hold), suggesting potential for further gains. Positive earnings estimate revisions further strengthen the bullish outlook, with no estimates lowered and three raised in the past two months. Investors are encouraged to monitor ODD for continued growth opportunities.
growth-positive
Oddity Tech Ltd. (ODD): A Bull Case Theory
Oddity Tech Ltd. (ODD) has reported strong financial performance, with a 27% year-over-year revenue increase, exceeding its long-term growth target. The company achieved a gross margin of 72.7%, reflecting strong brand equity and premium pricing power. Oddity is strategically expanding its portfolio and leveraging its direct-to-consumer model, with plans to introduce a third brand in FY2025. The company is also focusing on international expansion, with positive early signs in markets like the U.K., Germany, and Australia. Despite strong financials, organic website traffic has been flat to declining, indicating challenges in expanding the new customer base. Management remains optimistic about future growth, projecting revenue between $776 million and $785 million for FY2025.
CustomersExpand
growth-positive
Oddity Tech Grows 27%, Eyes New Brands
Oddity Tech reported strong growth in its fourth-quarter and full-year 2024 earnings, with a 27% increase in revenue to $647 million. The company attributes its success to its direct-to-consumer model, which allows for precise inventory management and rapid optimization. Oddity is expanding its innovation pipeline with new brands and a biotech lab, ODDITY LABS, focused on developing new molecules. The company plans to launch a telehealth platform, Brand 3, in 2025 and another brand in 2026. Management is committed to achieving 20% revenue growth and adjusted EBITDA margins in 2025, driven by the shift to online beauty sales.
Product StageCustomersExpand
growth-positive
ODDITY Tech Ltd (ODD) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
ODDITY Tech Ltd reported a robust 27% revenue growth in 2024, reaching $647 million, with an adjusted EBITDA of $150 million, marking a 40% year-over-year increase. The company generated a strong free cash flow of $134 million and has consistently beaten earnings guidance for seven consecutive quarters since going public. Both brands, Il Makiage and Spoiled Child, experienced double-digit revenue growth. ODDITY Tech is expanding its international presence in markets like the UK, Germany, and Australia. Despite facing increased media costs and potential risks from changes in platforms like TikTok, the company is making significant investments in new brands and Oddity Labs. The company is operating in a competitive market with challenges from traditional beauty companies and macroeconomic concerns.
CustomersExpand
growth-positive
Oddity Tech (ODD) Q4 2024 Earnings Call Transcript
Oddity Tech reported strong financial performance for 2024, with a 27% increase in revenue to $647 million and a 40% growth in adjusted EBITDA. The company is optimistic about 2025, driven by its investments in AI, new brands, and international expansion. Odditys direct-to-consumer model and focus on online sales have positioned it well against competitors facing challenges in brick-and-mortar sales. The company plans to launch new brands and expand internationally, with a focus on high-performance products and AI-driven personalization. Oddity Labs is working on biotech innovations, and the company continues to invest in technology and talent.
CustomersProduct StageInvestmentPartners
growth-positive
Oddity Tech (ODD) Tops Q4 Earnings and Revenue Estimates
Oddity Tech reported quarterly earnings of $0.20 per share, surpassing the Zacks Consensus Estimate of $0.13 per share, marking an earnings surprise of 53.85%. The company also reported revenues of $123.64 million, exceeding the consensus estimate by 3.17%. Over the last four quarters, Oddity Tech has consistently surpassed consensus EPS and revenue estimates. The companys shares have increased by about 2.7% since the start of the year, outperforming the S&P 500s gain of 1.7%. Despite the positive earnings report, the stock holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market. Investors are advised to monitor future earnings expectations and estimate revisions.
growth-positive
Oddity Tech Reports Record 2024 Fourth Quarter and Full Year Results
Oddity Tech Ltd. reported strong financial results for the fourth quarter and full year ending December 31, 2024. The company achieved a full-year net revenue of $647 million, marking a 27% year-over-year increase, and a full-year adjusted EBITDA of $150 million, a 40% increase. Odditys net income for the year was $101 million, with a free cash flow of $134 million. The company continued to expand its ODDITY LABS molecule discovery platform and develop new brands. Oddity also repurchased 2.35 million shares for approximately $100 million during the fourth quarter, with $103 million remaining on its buyback authorization. The company is well-positioned for future growth, focusing on online consumer shifts and high-performance products.
growth-positive
Oddity Tech: Q4 Earnings Snapshot
Oddity Tech Ltd., an online retailer of cosmetics and beauty products based in Tel Aviv-Jaffa, Israel, reported a fourth-quarter earnings of $5.3 million, or 9 cents per share, exceeding Wall Street expectations. Adjusted earnings were 20 cents per share, surpassing the average estimate of 13 cents per share by analysts surveyed by Zacks Investment Research. The company posted a revenue of $123.6 million for the quarter and a full-year profit of $101.5 million on a revenue of $647 million. Oddity Tech forecasts its first-quarter earnings to range from 61 to 63 cents per share, with revenue between $258 million and $262 million. The company expects full-year earnings between $1.94 and $1.98 per share, with revenue ranging from $776 million to $785 million.
growth-positive
IPO Stock Of The Week: AI Leader Oddity Shows Buy Point Ahead Of Q4 Earnings
Oddity, an AI leader, is approaching a new buy point as it prepares to release its fourth-quarter earnings report next week. The companys stock is at a critical level, indicating potential growth opportunities for investors. The article highlights Odditys position in the market as it gears up for its IPO, making it a stock to watch for potential investment. The focus on AI technology and the upcoming earnings report suggests a positive outlook for the companys growth trajectory.
Public Trading
growth-positive
US Stocks That Might Be Trading At A Discount In February 2025
Oddity Tech Ltd., a consumer tech company focused on digital-first brands in the beauty and wellness industries, is currently trading at a significant discount to its estimated fair value. With a market cap of approximately $2.46 billion, the company generates substantial revenue from its Personal Products segment. Oddity Techs earnings are projected to grow at 19.6% annually, surpassing the broader US markets growth rate. The company recently secured a $200 million credit facility, enhancing its financial flexibility for growth and acquisitions. As of December 2024, Oddity Tech maintains a robust cash position of over $165 million, indicating a strong financial outlook.
Investment
growth-positive
Top Growth Companies With High Insider Ownership On US Exchanges February 2025
Oddity Tech Ltd., a consumer tech company in the beauty and wellness sectors, is demonstrating strong growth potential with forecasted revenue and earnings growth surpassing US market averages. The company has secured a $200 million credit facility, enhancing its financial flexibility for strategic initiatives. Despite trading at a discount to fair value, analysts suggest a notable price increase is likely. Oddity Tech remains financially solid with substantial cash reserves and no recent insider trading activity. The company has a market cap of approximately $2.46 billion and generates revenue from its Personal Products segment, amounting to $620.65 million.
Investment
growth-positive
ODDITY to Announce Fourth Quarter and Full Year 2024 Financial Results on February 25, 2025
Oddity Tech Ltd., a consumer tech company known for its AI-driven online platform, announced that it will release its fourth quarter and full year 2024 financial results on February 25, 2025. The company, which owns brands like IL MAKIAGE and SpoiledChild, serves around 50 million users by leveraging data science to develop beauty and wellness products. Oddity operates from New York City, with an R&D center in Tel Aviv and a biotechnology lab in Boston. The announcement includes details for a conference call scheduled for February 26, 2025, to discuss the financial results.
growth-positive
Can Oddity Tech (ODD) Keep the Earnings Surprise Streak Alive?
Oddity Tech, an online retailer in the cosmetics and beauty products sector, has consistently surpassed earnings estimates in its recent reports. The company has exceeded expectations by an average of 33.92% over the last two quarters. In the most recent quarter, Oddity Tech reported earnings of $0.32 per share, outperforming the expected $0.22 per share, marking a 45.45% surprise. The previous quarter also saw a positive surprise of 22.39%. Analysts have been revising their estimates upwards, contributing to a positive Earnings ESP of +4%. This, combined with a Zacks Rank #3 (Hold), suggests a potential for continued earnings beats. The article emphasizes the importance of the Earnings ESP metric in predicting earnings surprises.
growth-positive
Oddity Tech (NASDAQ:ODD) Is Very Good At Capital Allocation
The article discusses the promising financial trends at Oddity Tech, highlighting its impressive return on capital employed (ROCE) of 36%, which is significantly higher than the industry average of 14%. Over the past three years, Oddity Tech has increased its capital employed by 380%, indicating a strong ability to reinvest earnings back into the business. The companys reduced reliance on current liabilities further underscores its financial health. These positive developments have resulted in a 9.9% return for shareholders over the past year, suggesting that Oddity Tech is a compounding machine with potential for continued growth.
growth-positive
JPMorgan initiates Oddity coverage with Overweight rating
JPMorgan has initiated coverage of Oddity Tech with an Overweight rating and set a price target of $55. The financial institutions positive outlook is based on Oddity Techs strong financial performance projected for 2024 and its planned brand expansions in 2025. This optimistic assessment suggests a growth-positive impact for Oddity Tech, a company operating in the beauty and wellness sector. The analysis was discussed by Julie Hyman and Josh Lipton on Market Domination, highlighting the potential for Oddity Tech to capitalize on its market position.
growth-positive
ODDITY Announces New $200 Million Credit Facility
Oddity Tech Ltd. has secured a $200 million credit facility from a syndicate of banks, replacing its previous $100 million facility. This move enhances the companys financial flexibility to support growth initiatives, acquisitions, share buybacks, and other corporate needs. Oddity, a consumer tech company, leverages an AI-driven online platform to serve around 50 million users with beauty and wellness products. The company is financially robust, with over $165 million in cash and investments and no funds drawn from the new facility. Oddity owns brands like IL MAKIAGE and SpoiledChild, and operates in New York, Tel Aviv, and Boston.
growth-negative
Oddity Tech Ltd. (ODD): A Stock to Sell Now According to Cathie Wood
The article discusses Cathie Woods investment strategy through ARK Investment Management, focusing on innovative companies in sectors like AI and Blockchain. Despite notable successes, such as a significant gain from Grayscale Bitcoin Trust, the strategy is criticized for its volatility and concentrated portfolio, leading to substantial losses in ARKs flagship ETF. Oddity Tech Ltd. is mentioned as part of a list of tech stocks to sell, indicating a negative outlook. Wood remains optimistic about Bitcoins future, predicting it will surpass $1 million by the decades end, driven by institutional adoption and its limited supply.
growth-positive
Why Is Oddity Tech Ltd. (ODD) Among the Best New Tech Stocks to Invest In?
The article discusses the outlook for the tech IPO market as 2025 begins, with a focus on Oddity Tech Ltd. and the broader tech sector. Rashaun Williams, a venture capitalist, highlights the challenges and opportunities in the IPO market, emphasizing the importance of optimism despite current hurdles. He notes a shift in investor interest towards late-stage tech companies, particularly those in AI and cybersecurity, due to their transformative potential. Keith Fitz-Gerald also shares a bullish perspective on tech, viewing recent market declines as opportunities and predicting significant growth driven by AI. The article underscores the potential for innovation and economic growth in the tech sector, despite current market challenges.
growth-positive
Oddity Tech Ltd. (ODD) Acquires Fionic1’s AI Technology to Enhance AI-Driven Beauty and Wellness Solutions
The article discusses the advancements in AI technology and its impact on companies like Oddity Tech Ltd. AI is rapidly evolving, with significant progress being made towards creating systems capable of human-level proficiency. Dario Amodei, CEO of Anthropic, highlights the development of AI that can autonomously operate computers, aiming to build a virtual collaborator by 2025. The article also mentions the popularity of AI models like Claude, which have gained trust in specific fields. The second wave of AI coding is transforming software development, with tools like GitHub Copilot and AI chatbots assisting developers in debugging and code generation. As AI tools evolve, developers may shift from coding to managing AI-driven processes, potentially reducing the need for large programming teams.
growth-positive
ODDITY Acquires Intellectual Property and Elite AI Research Team to Accelerate AI Capabilities
Oddity Tech Ltd. announced the acquisition of Fionic1s tech intellectual property, a fintech company known for its advanced AI modeling capabilities. The acquisition includes Fionics co-founder Asaf Nurick and his AI R&D team, who will join Oddity to enhance its AI models and expand its direct-to-consumer applications. This strategic move aims to deepen Odditys AI expertise and improve consumer engagement through predictive technology. The transaction is not expected to significantly impact Odditys financial position or earnings outlook for 2025. Oddity, a consumer tech company, serves around 50 million users with its AI-driven platform, focusing on beauty and wellness products.
Acquisition
growth-positive
3 US Growth Stocks With High Insider Ownership
Oddity Tech Ltd., a consumer tech company in the beauty and wellness sectors, shows strong growth potential with a market cap of $2.48 billion. The company reported significant earnings growth of 92% last year, despite slower revenue growth forecasts. Oddity Tech is trading at a discount to its estimated fair value and has announced a $100 million share repurchase program. Recent financial results indicate robust performance, with Q3 sales reaching $119 million and a notable increase in net income year-over-year. The company has a high insider ownership of 32.5%, suggesting strong internal confidence.
growth-positive
Find The Next Palantir Or Hot IPO In 2025 With This Tool
The article discusses how Investors Business Daily (IBD) is offering tools and insights to help investors identify potential high-growth stocks, such as the next Palantir or hot IPO. The IBD Stock Screener is highlighted as a valuable resource for filtering through thousands of companies to find stocks that meet specific investment criteria. The article suggests that using these tools can help investors stay ahead of market trends and make informed decisions. This initiative is likely to have a growth-positive impact on IBD by attracting more users to its platform and enhancing its reputation as a valuable resource for investors.
growth-positive
Best Growth Stocks to Buy for January 6th
The article highlights three companies with strong growth characteristics and buy ranks according to Zacks Investment Research. Oddity Tech Ltd., a consumer tech company, has seen its earnings estimate increase by 6.3% over the last 60 days and holds a Zacks Rank #1. It has a PEG ratio of 1.20, which is favorable compared to the industry average of 2.27, and a Growth Score of B. The article also mentions Construction Partners, Inc. and nCino, Inc., both of which have shown similar positive growth indicators. The focus is on the companies strong growth potential and favorable stock rankings.
growth-positive
ODDITY Rises 6.7% in 3 Months: How Should You Play the Stock?
ODDITY, a company in the cosmetics industry, has shown a 6.7% increase in stock value over the past three months, although it underperformed compared to its industry peers. The company is leveraging a strong direct-to-consumer model and personalized products, with brands like IL MAKIAGE and SpoiledChild experiencing strong growth. ODDITY has invested heavily in AI, data science, and machine learning, which enhances consumer engagement and provides valuable data insights. Despite macroeconomic challenges affecting the legacy cosmetics market, ODDITYs U.S. sales have surged by 71.7% in 2023. The company plans to expand further by launching two new brands, including a telehealth platform, tapping into a $600 billion global market.
CustomersExpand
growth-positive
Zacks.com featured highlights include DXP Enterprises, Ubiquiti, Sezzle and Oddity Tech
The article discusses the importance of liquidity in stock investments, highlighting four companies, including Sezzle Inc., as top-ranked stocks for potential returns. Liquidity is crucial for meeting debt obligations and converting assets into cash. The article explains various financial ratios, such as the current, quick, and cash ratios, which help assess a companys financial health. Sezzle, a fintech company, has shown significant growth with a 71.3% increase in revenue year-over-year, driven by an expanding subscriber base. As of September 30, 2024, Sezzle had 529,000 active subscribers. This growth suggests a positive outlook for Sezzle, making it an attractive option for investors seeking high-liquidity stocks.
Customers
growth-positive
4 Top-Ranked Liquid Stocks to Enhance Portfolio Returns in 2025
The article discusses the importance of liquidity in stock investments, highlighting that high liquidity can indicate a companys ability to meet debt obligations. It suggests that investors consider adding stocks like DXP Enterprises, Inc., Ubiquiti Inc., Sezzle Inc., and Oddity Tech Ltd. to their portfolios for potential returns. The article explains various financial ratios, such as the current ratio, quick ratio, and cash ratio, which help assess a companys financial health. It emphasizes that while high liquidity is generally positive, it may also suggest inefficiencies in asset utilization. The article advises using asset utilization as a screening criterion to identify efficient companies.
growth-positive
IPO Stock Roundup: Astera, Reddit Hit New Highs; Atour, Oddity Trigger Sell Signals
The article discusses the performance of top IPO stocks, highlighting that Astera and Reddit have reached new highs this week. Meanwhile, Birkenstock is approaching a buy point, but Atour and Oddity have triggered sell signals. The focus is on the stock market performance of these companies, particularly those involved in recent public trading activities.
Public Trading
growth-positive
This AI IPO May Look Odd, But There's Beauty In Its Breakout
Oddity Tech, an AI-driven company, has been highlighted for its impressive performance by earning a spot on the IBD Breakout Stocks Index. This recognition places it alongside notable companies such as Broadcom, Salesforce, and ServiceNow. The article suggests that Oddity Techs recent IPO has been a significant factor in its breakout success. The companys innovative use of AI technology is a key driver of its growth, positioning it as a promising player in the market. The inclusion in the index indicates a positive outlook for Oddity Tech, potentially attracting more investors and increasing its market visibility.
Public Trading
growth-positive
2 Megacaps and 2 Smaller Internet Stocks that Could Outperform in 2025
The article discusses a research note by Youssef Squali, a Truist analyst, who has identified several internet stocks that are expected to outperform in 2025. Despite some tech stocks having a strong year, others have lagged behind the broader market. Squali is optimistic about the continued positive momentum for tech stocks, driven by factors such as artificial intelligence and e-commerce strength. The note suggests that these tailwinds will persist into the next year, potentially benefiting the selected stocks.
growth-positive
3 US Growth Companies With High Insider Ownership
Oddity Tech Ltd., a consumer tech company specializing in digital-first brands for the beauty and wellness sectors, is experiencing robust growth. With a market cap of approximately $2.74 billion, the company has raised its earnings guidance and reported significant profit increases, with Q3 net income rising to US$17.72 million from US$3.83 million a year ago. Oddity Techs share buyback program of up to $100 million reflects confidence in its valuation, which is currently trading 42.5% below its estimated fair value. The companys revenue growth forecast is 17.5% annually, with earnings expected to grow at 18.5% annually, outpacing the US market. This growth potential is further supported by high insider ownership of 32.5%.
InvestmentPartners
growth-positive
Oddity Tech Stock Earns Relative Strength Rating Upgrade
Oddity Tech has shown improved price performance, leading to an upgrade in its IBD Relative Strength Rating from 76 to 81. This upgrade indicates a positive outlook for the companys stock, reflecting its strong market performance. The article highlights the companys enhanced standing in the stock market, suggesting potential growth and increased investor confidence.
growth-positive
This AI Stock Picks The Perfect Lipstick
Oddity, an Israeli retailer, has reached a new buy point, indicating a growth-positive impact. The company utilizes AI technology to provide precise product matches for its customers, enhancing customer satisfaction and potentially expanding its customer base. This advancement in AI application is a key theme of the article, highlighting Odditys innovative approach in the retail sector. The article does not mention any specific investment, acquisition, or partnership details, nor does it provide information on company valuation or layoffs.
Customers
growth-positive
3 US Stocks Estimated To Be Up To 49.8% Below Intrinsic Value
Oddity Tech Ltd., a consumer tech company focusing on beauty and wellness, is highlighted as an undervalued stock trading 44.7% below its estimated fair value. With a market cap of approximately $2.74 billion, the company has shown strong financial growth, with Q3 2024 net income rising to $17.72 million from $3.83 million the previous year. Oddity Tech is executing a significant share buyback program worth up to $100 million, funded by existing cash resources, which is expected to enhance shareholder value. The companys future financial outlook appears promising, supported by its robust earnings and revenue growth.
Investment
growth-positive
Enrich Your Portfolio With These 4 Top-Ranked Liquid Stocks
The article discusses the importance of liquidity in stocks for investors seeking solid gains. It highlights companies like American Superconductor Corporation, Angi Inc., Sezzle Inc., and Oddity Tech Ltd. as potential investment opportunities due to their high liquidity levels. The article explains various financial ratios, such as the current ratio, quick ratio, and cash ratio, which measure a companys ability to meet short-term debt obligations. It emphasizes that while high liquidity is desirable, it must be balanced with asset utilization to ensure efficiency. Investors are advised to consider these factors when selecting stocks to maximize returns.
growth-positive
Oddity Tech (ODD) Recently Broke Out Above the 20-Day Moving Average
Oddity Tech (ODD) has recently shown a positive technical trend by surpassing its 20-day moving average, indicating a short-term bullish trend. The stock has rallied 11.2% over the past four weeks and is currently rated as a Zacks Rank #1 (Strong Buy). This positive outlook is further supported by three upward earnings estimate revisions for the current fiscal year, with no downward revisions. These factors suggest that Oddity Tech could experience further gains in the near future. Investors are advised to keep an eye on ODD for potential growth opportunities.
growth-positive
Can Oddity Tech (ODD) Climb 28.74% to Reach the Level Wall Street Analysts Expect?
Oddity Tech (ODD) has seen a 3.7% increase in its stock price over the past four weeks, closing at $40.50. Wall Street analysts have set a mean price target of $52.14, suggesting a potential upside of 28.7%. The price targets range from $42 to $66, with a standard deviation of $8.49, indicating some variability in analyst opinions. Despite skepticism about the reliability of price targets, the consensus among analysts is that Oddity Tech will report better-than-expected earnings, which could drive further stock price increases. The article discusses the potential for stock price growth based on analyst predictions and the importance of considering multiple factors when making investment decisions.
growth-positive
Oddity Tech Ltd. (ODD): A Bull Case Theory
Oddity Tech Ltd. (ODD) has shown strong financial performance, with its stock price surging 20% following its November 7 earnings release. The company reported a record net revenue of $119 million for the third quarter of 2024, a 26% year-over-year increase. Loyal customers now contribute over 50% of revenue, and the company plans to launch two new brands in 2025. CEO Oran Holtzman emphasized the strategic importance of Oddity Lab and its expanded scientific team. Despite concerns about transparency, Odditys strong financial results and growth strategy position it for continued success. The stocks high short interest suggests potential for further price increases.
CustomersExpand
growth-positive
What Makes Oddity Tech (ODD) a New Strong Buy Stock
Oddity Tech has been upgraded to a Zacks Rank #1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices. The Zacks rating system, which focuses on changes in a companys earnings picture, suggests a positive outlook for Oddity Techs stock price. This upgrade indicates an improvement in the companys underlying business, which is expected to attract institutional investors and result in higher stock prices. The Zacks Rank system has a strong track record, with Rank #1 stocks generating substantial returns historically. This upgrade reflects a favorable change in Oddity Techs earnings potential, which could lead to positive near-term stock movements.
growth-positive
Solid Earnings Reflect Oddity Tech's (NASDAQ:ODD) Strength As A Business
Oddity Tech Ltd. (NASDAQ:ODD) reported strong earnings, resulting in a positive stock price movement. The companys accrual ratio of -0.13 indicates good cash conversion, with free cash flow of $122 million exceeding its profit of $101.3 million over the past year. Unusual items reduced profit by $17 million, but these are often one-off occurrences. This suggests that Oddity Techs statutory earnings are conservative, and its future profitability could be higher if such unusual expenses do not recur. Overall, the companys earnings potential appears strong, supported by historical data and positive financial metrics.
growth-positive
L Catterton Agrees to Sell $100 Million of Shares Back to ODDITY
Oddity Tech Ltd. announced a transaction to repurchase approximately 2.35 million Class A Ordinary Shares from L Catterton for $100 million. This repurchase is part of Odditys strategy to utilize its strong balance sheet and cash resources effectively. The transaction is separate from the companys existing share buyback plan, which allows for up to $150 million in share repurchases over three years. After this transaction, L Catterton will hold about 7% of Odditys outstanding shares. As of September 30, 2024, Oddity had $248 million in cash and investments, with an additional $100 million available through an undrawn credit facility and no financial debt. The company generated $127 million in free cash flow over the past year, emphasizing its focus on reinvestment, M&A, and share buybacks.
Investment
growth-positive
ODDITY Tech Ltd (ODD) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
ODDITY Tech Ltd reported a strong financial performance for the first nine months of 2024, with a 27% increase in revenue to $523 million and an adjusted EBITDA of $135 million. The company has a robust cash position with $248 million and no debt, enabling strategic investments and share repurchases. Despite strong growth, ODDITY faces challenges from increased competition and market saturation, and its international expansion is progressing slowly. The company is focusing on expanding its product line and leveraging technology to enhance personalization and customer satisfaction. ODDITYs gross margin compressed slightly but is expected to normalize. The company has raised its full-year revenue guidance, indicating continued confidence in its growth trajectory.
growth-positive
Oddity Tech (ODD) Q3 2024 Earnings Call Transcript
Oddity Techs Q3 2024 earnings call highlighted the companys strong financial performance, with a 27% increase in revenue to $523 million for the first nine months of the year. The company attributes its success to its direct-to-consumer model, which has allowed it to dominate the online beauty market. Oddity Techs focus on technology and data has enabled it to maintain high growth rates and profitability, with a 30% revenue growth over the last 12 months. The company is also expanding its brand portfolio, with plans to launch two new brands in the second half of 2025. Oddity Techs international expansion is seen as a significant growth opportunity, with the potential for international markets to comprise 50% of its business over time.
growth-positive
Oddity Tech Third Quarter 2024 Earnings: Beats Expectations
Oddity Tech reported a significant increase in its financial performance for the recent quarter. The companys revenue rose by 26% to $119 million, while net income surged by 362% to $17.7 million. The profit margin improved to 15%, driven by higher revenue, and earnings per share (EPS) increased to $0.31, surpassing analyst estimates by 78%. The companys shares have risen by 9.7% over the past week. Looking forward, Oddity Techs revenue is expected to grow by 17% annually over the next three years, outpacing the 4.9% growth forecast for the US Personal Products industry.
growth-positive
Oddity Tech Reports Record Third Quarter Results, Raises Outlook
ODDITY Tech Ltd. announced its financial results for the third quarter of 2024, reporting record net revenue of $119 million, a 26% increase year-over-year. The company also achieved a record adjusted EBITDA of $25 million and a net income of $18 million, marking a 362% increase year-over-year. The nine-month figures showed a net revenue of $523 million, up 27% year-over-year, and an adjusted EBITDA of $135 million. ODDITYs strong performance is attributed to its direct-to-consumer model and investments in online and high-performance products. The company repurchased 1 million shares for $37 million during the third quarter, with $103 million remaining on the buyback authorization. ODDITY maintains a strong balance sheet with $248 million in cash and no debt.
growth-positive
Oddity Tech: Q3 Earnings Snapshot
Oddity Tech Ltd., an online retailer of cosmetics and beauty products based in Tel Aviv-Jaffa, Israel, reported a third-quarter profit of $17.7 million, or 29 cents per share. Adjusted earnings were 32 cents per share, surpassing Wall Street expectations of 22 cents per share. The company posted revenue of $119 million for the period and anticipates full-year earnings between $1.85 and $1.87 per share, with revenue ranging from $642 million to $644 million. The positive earnings report indicates strong financial performance and growth potential for Oddity Tech.
growth-positive
Oddity Reports Third-quarter Sales Rise, Lifts Full-year Forecasts
Oddity Tech reported a significant increase in sales for the third quarter ending September 30, with net revenue reaching $119 million, surpassing Wall Streets expectations. The companys net income rose to $18 million, a substantial increase from $3.8 million in the same quarter of the previous year. Odditys CFO, Lindsay Drucker Mann, expressed satisfaction with the financial results, which exceeded guidance across various metrics. The company has raised its full-year 2024 financial outlook, expecting net revenue between $642 million and $644 million, indicating a year-over-year growth of 26-27%. CEO Oran Holtzman highlighted the strength of Odditys direct-to-consumer model, contrasting it with competitors facing challenges. Oddity plans to launch two new brands in 2025, including a medical-grade skin and body care line.
growth-positive
Oddity Tech (ODD) Q3 Earnings and Revenues Surpass Estimates
Oddity Tech reported quarterly earnings of $0.32 per share, surpassing the Zacks Consensus Estimate of $0.22 per share, marking an earnings surprise of 45.45%. The company also reported revenues of $119 million, exceeding the consensus estimate by 2.78%. Despite these positive earnings results, Oddity Tech shares have declined about 9% since the beginning of the year, underperforming the S&P 500s gain of 21.2%. The companys earnings outlook remains a key focus for investors, with a Zacks Rank of #3 (Hold) indicating expected market-aligned performance. The current consensus EPS estimate for the coming quarter is $0.13 on $117.1 million in revenues.
growth-positive
3 US Growth Companies With Insider Ownership Up To 26%
Oddity Tech Ltd., a consumer tech company specializing in digital-first brands for the beauty and wellness sectors, shows promising growth potential. With a market cap of $2.17 billion, the company reported significant year-over-year improvements in revenue and net income, supported by raised earnings guidance for 2024. Despite trading below its estimated fair value, Odditys revenue growth of 16.8% surpasses the broader market. The company has a high insider ownership of 26.5%, indicating confidence from those closest to the business. Recent leadership changes and a share buyback could influence its future strategic direction. Oddity Techs earnings are forecasted to grow at 17.1% annually, outpacing the US market average.
Management Changes
growth-positive
We Ran A Stock Scan For Earnings Growth And Oddity Tech (NASDAQ:ODD) Passed With Ease
Oddity Tech has shown significant growth in its earnings per share (EPS), increasing from US$0.95 to US$1.53 over the last year, marking a 61% gain. The company also experienced a 31% increase in revenue, reaching US$596 million, while maintaining stable EBIT margins. Insiders hold a substantial portion of the companys shares, valued at US$707 million, which aligns managements interests with those of shareholders. This growth and insider investment suggest a positive outlook for the company, making it an attractive option for investors seeking profitable and growing companies.
growth-positive
ODDITY to Announce Third Quarter 2024 Financial Results on November 6, 2024
Oddity Tech Ltd., a consumer tech company known for its brands IL MAKIAGE and SpoiledChild, announced it will release its third quarter 2024 financial results on November 6, 2024. The company will host a conference call the following day to discuss the results. Oddity Tech operates with a focus on transforming the beauty and wellness market through its AI-driven platform, serving approximately 50 million users. The company is headquartered in New York City, with an R&D center in Tel Aviv and a biotechnology lab in Boston. The announcement is seen as growth-positive, highlighting the companys ongoing expansion and innovation in the beauty sector.
growth-positive
ODDITY Tech Ltd (ODD) Q2 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
ODDITY Tech Ltd reported a strong financial performance for the first half of 2024, with a 28% increase in revenue to $404 million and an adjusted EBITDA of $110 million. The company is focusing on expanding its online market share and developing new brands, with Brand 3 and Brand 4 set to launch in 2025. Despite the positive growth, ODDITY faces risks from forward-looking statements and increased SG&A spending. The departure of Dr. Evan Zhao, Co-Founder of Revela, may impact ODDITY LABS progress. The company maintains a strong profitability margin and is investing in technology to improve product matching and reduce return rates.
Management ChangesExpand
growth-positive
3 US Growth Stocks With Strong Insider Ownership
The article discusses the performance and growth potential of several growth companies with high insider ownership in the U.S. market. Oddity Tech, a consumer tech company, is highlighted for its robust growth, with earnings forecasted to grow at 17.1% annually. Despite facing legal challenges, Oddity Tech has raised its revenue guidance for 2024 and completed a share buyback worth $10 million. The company is experiencing significant year-over-year sales and net income increases. Other companies mentioned include Zscaler and Ryan Specialty Holdings, both showing strong growth prospects. The article emphasizes the appeal of companies with high insider ownership as they often indicate strong internal confidence.
growth-positive
Is Oddity Tech Ltd.'s (NASDAQ:ODD) Recent Stock Performance Tethered To Its Strong Fundamentals?
Oddity Tech has experienced a significant 10% increase in its stock price over the past month, attributed to its strong financial performance. The companys return on equity (ROE) stands at an impressive 23%, significantly higher than the industry average of 11%. This high ROE, coupled with a 47% net income growth over the past five years, indicates effective reinvestment of profits and a robust growth trajectory. Despite not paying dividends, Oddity Techs strategy of reinvesting profits has contributed to its substantial earnings growth. However, analysts forecast a potential slowdown in future earnings growth, raising questions about whether this is due to industry trends or company fundamentals.
growth-positive
ODD or SMAR: Which Is the Better Value Stock Right Now?
The article compares Oddity Tech (ODD) and Smartsheet (SMAR) to determine which is more attractive to value investors. Oddity Tech has a Zacks Rank of #2 (Buy) and is highlighted for its impressive earnings estimate revision activity and favorable valuation metrics, including a forward P/E ratio of 22.57, a PEG ratio of 1.13, and a P/B ratio of 6.04. In contrast, Smartsheet has a Zacks Rank of #3 (Hold) with less favorable metrics. Based on these factors, Oddity Tech is considered the superior value option. The article emphasizes the importance of traditional valuation metrics in identifying undervalued stocks.
growth-positive
Oddity Tech (ODD) Soars 7.4%: Is Further Upside Left in the Stock?
Oddity Techs shares rose by 7.4% to $35.40 in the last trading session, driven by higher-than-average trading volume. The company, which operates in the cosmetics and beauty products sector, is experiencing strong revenue growth, with a 6% increase in average order value in Q2 2024. The company is expected to post quarterly earnings of $0.22 per share, a 4.8% year-over-year increase, and revenues of $115.79 million, up 22.6% from the previous year. The stock carries a Zacks Rank #2 (Buy), indicating positive future performance. Another company in the same industry, Alight, Inc., also saw a slight increase in its stock price.
Customers
growth-positive
ODD or PANW: Which Is the Better Value Stock Right Now?
The article compares Oddity Tech (ODD) and Palo Alto Networks (PANW) to determine which is a better option for value investors. Oddity Tech currently has a Zacks Rank of #2 (Buy) and boasts more attractive valuation metrics, such as a forward P/E ratio of 18.73 and a PEG ratio of 0.93, compared to Palo Alto Networks forward P/E of 54.71 and PEG ratio of 2.83. ODD also has a P/B ratio of 5.01 versus PANWs 21.52. Based on these metrics, ODD is considered the superior option for value investors.
growth-positive
US Growth Companies With High Insider Ownership
Oddity Tech Ltd., a consumer tech company specializing in digital-first beauty and wellness brands, is highlighted for its high insider ownership and strong growth potential. The company has a market cap of $2.03 billion and generates $596.12 million in revenue. Recent developments include appointing Dr. Ido Bachelet as Chief Science Officer and raising full-year revenue guidance to $633 million-$640 million. Despite trading at 59.5% below its estimated fair value, insider ownership indicates strong confidence in its future. The company forecasts annual earnings growth of 17.07%, outpacing the US market average.
Management Changes
growth-positive
Oddity Tech (ODD): The Best Middle East and Africa Stocks to Buy According to Analysts?
Oddity Tech (NASDAQ:ODD), an Israeli beauty and wellness company, has shown strong financial performance with a 27% year-over-year revenue increase in Q2, reaching $193 million. The company reported a record adjusted EBITDA of $62 million and a net income of $45 million. Oddity Techs innovative use of AI and data science, along with its acquisition of biotech startup Revela, positions it for long-term growth. The company plans to acquire additional brands to diversify and reduce risks. Analysts have a consensus Buy rating for the stock, with a 33.65% upside potential.
InvestmentAcquisition
growth-positive
Oddity Tech (ODD) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
Oddity Tech (ODD) has experienced a bearish trend, with its stock losing 7.6% over the past two weeks. However, the formation of a hammer chart pattern in its last trading session suggests a potential trend reversal. This technical indicator, combined with strong agreement among Wall Street analysts in raising earnings estimates, enhances the prospects for a bullish turnaround. The consensus EPS estimate for the current year has increased by 9% over the last 30 days. Additionally, Oddity Tech holds a Zacks Rank #2 (Buy), indicating it is in the top 20% of stocks based on earnings estimate revisions and EPS surprises.
growth-positive
ODD vs. PANW: Which Stock Is the Better Value Option?
The article compares the value of two stocks from the Internet - Software sector: Oddity Tech (ODD) and Palo Alto Networks (PANW). Both companies have a Zacks Rank of #2 (Buy), indicating a positive earnings outlook. However, Oddity Tech is highlighted as the superior value option based on several valuation metrics, including a forward P/E ratio of 21.19, a PEG ratio of 1.06, and a P/B ratio of 5.67. In contrast, Palo Alto Networks has higher ratios, making it less attractive from a value investment perspective. The article emphasizes Oddity Techs better valuation grade and potential for value investors.
growth-positive
Wall Street Analysts See a 28.6% Upside in Oddity Tech (ODD): Can the Stock Really Move This High?
Oddity Tech (ODD) has seen a 1.6% increase in its stock price over the past four weeks, closing at $40.66. Wall Street analysts have set a mean price target of $52.29 for the stock, indicating a potential 28.6% upside. The consensus price target is based on seven short-term price targets ranging from $39 to $66. Analysts have also shown strong agreement about the companys ability to report better earnings than previously predicted. The Zacks Consensus Estimate for the current year has increased 9% over the past month, and ODD currently has a Zacks Rank #2 (Buy).
Public Trading
growth-positive
Oddity Tech's (NASDAQ:ODD) Solid Earnings Are Supported By Other Strong Factors
Oddity Tech Ltd.s recent earnings announcement was initially disappointing for investors, despite decent profit numbers. However, further analysis shows that the companys accrual ratio and unusual items suggest that its statutory earnings are probably reasonably conservative. The company recorded an accrual ratio of -0.16 over the twelve months to June 2024, implying very good cash conversion. It also had free cash flow of US$110m in the last year, significantly more than its statutory profit of US$87.4m. Unusual items reduced Oddity Techs profit by US$17m in the last twelve months, but these are often one-off in nature.
Investment
Growth-Positive
Oddity Tech Second Quarter 2024 Earnings: Beats Expectations
Oddity Techs Q2 2024 results show a significant increase in revenue and net income, with revenue up 27% from Q2 2023 and net income up 52% from the same period. The companys profit margin also increased from 20% to 24%, driven by higher revenue. Earnings per share (EPS) also increased from US$0.55 in Q2 2023 to US$0.79 in Q2 2024. The companys revenue and earnings beat analyst expectations, and revenue is forecast to grow 17% p.a. on average over the next three years.
Customers
growth-positive
US Growth Companies With High Insider Ownership August 2024
The article discusses the top 10 growth companies in the US with high insider ownership. These companies are Atour Lifestyle Holdings, PDD Holdings, GigaCloud Technology, Victory Capital Holdings, Hims & Hers Health, Super Micro Computer, Credo Technology Group Holding, EHang Holdings, Carlyle Group, and BBB Foods. The article also provides a detailed analysis of three companies - Oddity Tech, Vivid Seats, and Ryan Specialty Holdings. Despite facing volatility and legal issues, these companies have shown strong revenue and earnings growth. Recent executive changes and strategic leadership transitions are also highlighted.
Management Changes
growth-positive
Oddity Tech (ODD) Q2 2024 Earnings Call Transcript
Oddity Tech reported a record-breaking second quarter and first half of 2024 during its earnings call. The companys revenue grew by 28% to $404 million, with adjusted EBITDA of $110 million and free cash flow of $104 million. The companys CEO, Oran Holtzman, attributed the growth to the companys investment in technology over the past six years. He also highlighted the companys future plans, which include the launch of two new brands in 2025 and continued investment in Oddity Labs, the companys science-backed product engine. The company also announced that Dr. Ido Bachelet is joining as the Chief Science Officer to lead Oddity Labs.
InvestmentManagement Changes
Growth-Positive
Oddity Tech: Q2 Earnings Snapshot
Oddity Tech Ltd., an online retailer of cosmetics and beauty products, reported a second-quarter net income of $45.5 million, exceeding Wall Street expectations. The companys earnings, adjusted for one-time gains and costs, were 82 cents per share, surpassing the average estimate of 67 cents per share by three analysts surveyed by Zacks Investment Research. Oddity Tech posted revenue of $192.8 million in the period and expects full-year earnings in the range of $1.71 to $1.76 per share, with revenue in the range of $633 million to $640 million.
Customers
growth-positive
ODDITY TECH REPORTS RECORD SECOND QUARTER RESULTS, RAISES OUTLOOK
ODDITY Tech Ltd. reported record second quarter net revenue of $193 million, a 27% increase year-over-year. The company also announced Ido Bachelet as its new Chief Science Officer. The companys CEO, Oran Holtzman, stated that the companys growth was driven by strong performance across brands, categories, and products, and that he sees massive growth for the business ahead. The company also announced that it had begun using its strong balance sheet for share buybacks. ODDITY is raising its guidance for the full year ending December 31, 2024, with net revenue expected to be between $633 million and $640 million.
Management Changes
Growth-Positive
Oddity Tech (ODD) Q2 Earnings and Revenues Beat Estimates
Oddity Tech reported quarterly earnings of $0.82 per share, surpassing the Zacks Consensus Estimate of $0.67 per share. This is an increase from earnings of $0.56 per share a year ago. The company, an online retailer of cosmetics and beauty products, posted revenues of $192.77 million for the quarter ended June 2024, a rise from $151.31 million a year ago. Despite the positive earnings report, Oddity Tech shares have lost about 11.6% since the beginning of the year. The companys future performance will depend on managements commentary on the earnings call and earnings outlook.
Customers
Growth-Positive
Oddity Beats Wall Street Forecasts in Q2, Plans for More Tech, Science and Brands
Oddity, the parent company of Il Makiage and SpoiledChild, reported strong Q2 earnings with net revenue of $193 million, beating estimates of $188 million. The company also raised its full-year guidance. Alongside its earnings report, Oddity announced the appointment of Dr. Ido Bachelet as its new chief science officer, succeeding Dr. Evan Zhao. Zhao was the co-founder of biotech start-up Revela, which Oddity acquired for $76 million in 2023. The company also invested an additional $25 million to establish Oddity Labs.
Management ChangesInvestment
growth-positive
Zacks.com featured highlights Abercrombie & Fitch, Puma Biotechnology, Spotify and Oddity
The article discusses the financial health and stock performance of four companies: Abercrombie & Fitch Co., Puma Biotechnology, Inc., Spotify Technology S.A., and Oddity Tech Ltd. These companies are identified as top-performing liquid stocks, indicating their ability to meet debt obligations by converting assets into liquid cash and equivalents. Abercrombie & Fitch Co. is seeing momentum across its brands and is making strategic investments. Puma Biotechnologys only marketed product, Nerlynx, is generating the majority of the companys revenues. Spotify Technology S.A. is expanding its business and has seen a surge in its stock. Oddity Tech Ltd. is experiencing steady momentum across its brands.
Investment
growth-positive
Il Makiage Owner Oddity Tech Prepares to Launch Medical-Grade Skincare Brand
Oddity Tech, the owner of Il Makiage, is planning to launch a new skin and body care product line next year. The beauty company had previously gone public in 2023.
Public TradingExpand
Neutral
ODDITY to Announce Second Quarter 2024 Financial Results on August 7, 2024
ODDITY Tech Ltd., the consumer tech platform behind IL MAKIAGE and SpoiledChild, has announced that it will release its Q2 2024 financial results after the market close on August 7, 2024. A conference call will follow on August 8, 2024. ODDITY is a consumer tech company that builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries. The company serves approximately 50 million users with its AI-driven online platform, identifying consumer needs and developing solutions in the form of beauty and wellness products.
Public Trading
Growth-Positive
ODDITY Appoints Yehoshua (Shuki) Nir to its Board of Directors
Oddity Tech Ltd. has announced the appointment of Yehoshua (Shuki) Nir as an independent Director of the company and member of the Audit Committee. CEO Oran Holtzman expressed his delight at the appointment, citing Nirs broad experience as a valuable asset to the board. Nir, who is currently the Chief Marketing Officer of SolarEdge Technologies, has over two decades of strategic leadership experience. Oddity Tech Ltd. is a consumer tech company that uses AI to identify consumer needs in the beauty and wellness industries.
Management Changes
growth-positive
Unveiling US Growth Companies With High Insider Ownership In July 2024
The article discusses the growth of companies with high insider ownership in the U.S. stock market. LifeMD, a telehealth company, is expected to turn profitable within three years despite a widening net loss. Oddity Tech, a consumer tech company, has raised its 2024 revenue guidance and initiated a share repurchase program. Warby Parker, an eyewear company, has revised its 2024 revenue forecast indicating a growth of about 12.5% to 13.5% year-over-year. All three companies have high insider ownership, signaling confidence in their future prospects.
CustomersPartnersInvestment
growth-positive
Wall Street Analysts Think Oddity Tech (ODD) Could Surge 33.32%: Read This Before Placing a Bet
Shares of Oddity Tech (ODD) have increased by 7.5% over the past four weeks, closing at $39.43. Wall Street analysts predict further growth, with a mean price target of $52.57, indicating a potential upside of 33.3%. The consensus among analysts is that the company will report better earnings than previously estimated. However, the article warns against relying solely on price targets for investment decisions, as they can often be misleading. Instead, it suggests looking at trends in earnings estimate revisions, which have a strong correlation with near-term stock price movements. Oddity Tech currently has a Zacks Rank #1 (Strong Buy).
Is This Growth Stock a Good Buy After Its Share Buyback News?
growth-positive
Exploring Three US Growth Companies With High Insider Ownership
The article discusses the performance of three US companies with high insider ownership - Oddity Tech, Ameresco, and RingCentral. Oddity Tech, a consumer technology company, has raised its Q2 2024 earnings guidance to US$189 million, signaling a 25% year-over-year growth. The company also plans a significant share buyback plan of up to US$150 million by mid-2027. Ameresco, a clean technology integrator, is expanding its portfolio of energy efficiency projects. RingCentral, a cloud communications company, is enhancing its market position through strategic expansions and technological advancements.
InvestmentExpand
growth-positive
Oddity Tech (ODD) Crossed Above the 20-Day Moving Average: What That Means for Investors
Oddity Tech (ODD) has broken through the 20-day moving average, indicating a short-term bullish trend. The companys stock has moved 19.2% higher over the last four weeks and is currently a Zacks Rank #2 (Buy) stock. The bullish case for ODD is further strengthened by positive earnings estimate revisions, with 3 revisions higher for the current fiscal year and none lower. The consensus estimate has also moved up. Given these factors, investors may want to watch ODD for more gains in the near future.
Investment
Growth-Positive
Oddity Tech (ODD) Just Overtook the 200-Day Moving Average
Oddity Tech (ODD) has reached a significant support level, breaking through the 200-day moving average, indicating a long-term bullish trend. Over the past four weeks, ODD has gained 19.2% and is currently ranked a Zacks Rank #2 (Buy), suggesting the stock could move even higher. The bullish case is strengthened by ODDs positive earnings estimate revisions, with 3 higher compared to none lower for the current fiscal year. Investors are advised to consider adding ODD to their watchlist.
Investment
Growth-Positive
Correction: Oddity Tech's Board Approves $150 Million Stock Buyback Plan, Revises Q2 Outlook
The board of Oddity Tech has approved a $150 million stock buyback plan and has revised its Q2 outlook. The news was reported by PremiumMT Newswires on June 7, 2024.
Investment
growth-positive
ODDITY Tech Announces Share Buyback Plan, Raises Q2 Guidance
Oddity Tech Ltd. has announced a share buyback program, authorizing the repurchase of up to $150 million of the companys Class A Ordinary Shares. The plan is subject to market conditions, legal and regulatory constraints, and other strategic priorities, and will expire on June 30, 2027, or once the allocated funds have been fully deployed. The company currently has over $250 million in cash, cash equivalents, and investments, with zero financial debt. Following the approval of the buyback plan, Oddity has revised its Q2 2024 outlook, expecting to deliver revenue at the top end of the range, and EBITDA and EPS exceeding the range included in its latest guidance.
Public Trading
growth-positive
Oddity tech stock jumps on $150M share buyback
Shares of beauty company Oddity Tech (ODD) are trading higher after the companys board approved a $150 million share buyback program. This comes after the company raised its guidance for the second quarter, which has fueled investor optimism. The company now expects Q2 2024 revenue of around $189 million, up from $185 million, and earnings per share of 69 cents, up from 56 cents. The stock had previously been hit by a short sellers report, but the company has pushed back against this.
Investment
Neutral
US Equities Markets Close Lower Friday After Nonfarm Payrolls Exceed Projections
The article discusses the closing of US equities markets on Friday, June 7, 2024. The markets closed lower after nonfarm payrolls exceeded projections. The article is from PremiumMT Newswires and requires a Silver or Gold subscription plan to access the full content.
growth-positive
Why Oddity Tech Stock Soared Today
Oddity Tech, an Israeli technology-enhanced cosmetics platform, saw its shares surge by 22% after raising its Q2 2024 guidance and announcing a stock buyback program. The company, which had its IPO less than a year ago, is expecting up to $189 million in Q2 revenue, representing a 25% YoY growth. It also increased its Q2 EBITDA guidance from $56 million to $60 million. The company has been authorized to use $150 million for the stock buyback program. The announcement comes after a short-seller accused the company of operating undisclosed stores in Israel and exaggerating its AI software capabilities.
Public TradingInvestment
growth-positive
CORRECTION: ODDITY Tech Announces Share Buyback Plan, Raises Q2 Guidance
Oddity Tech Ltd. has announced a share buyback program authorizing the repurchasing of a maximum of $150 million of the Company’s Class A Ordinary Shares. The Buyback Plan will expire on June 30, 2027 or once the allocated funds have been fully deployed. The company currently has over $250 million of cash, cash equivalents, and investments on its balance sheet and an additional $100 million available through an undrawn credit facility. Due to the approval of the Buyback Plan, Oddity is now providing a refined outlook for Q2 2024, expecting to deliver revenue at the top end of the range, and EBITDA and EPS exceeding the range included in its latest guidance.
Investment
growth-positive
Wall Street Analysts Believe Oddity Tech (ODD) Could Rally 42.47%: Here's is How to Trade
Shares of Oddity Tech (ODD) have shown no growth over the past four weeks, closing at $36.50. However, Wall Street analysts predict a potential upside of 42.5% based on short-term price targets. The average price target is $52, with estimates ranging from $42 to $66. Despite the potential for growth, investors are warned not to rely solely on these predictions. Analysts optimism about the companys earnings prospects, indicated by strong agreement in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 7.4%.
Public Trading
Growth-Positive
Why Oddity Stock Jumped 10% in May
Oddity Tech, a beauty company, saw its stock rise by 10% in May following a solid earnings report. The company differentiates itself in the beauty industry through its focus on digital operations and AI technology. It operates two websites, Il Makiage and SpoiledChild, both driven by data and machine learning. Oddity recently acquired a skincare lab, rebranding it as Oddity Labs to develop advanced skincare products. The company also has a social media aspect to its platform, working with influencers who post video tutorials of its products. Despite a short seller report claiming undisclosed physical stores and numerous lawsuits, Oddity refuted the claims and the report did not significantly affect the stock.
CustomersAcquisitionPublic Trading
growth-positive
Secret Stocks Soaring: 3 Under-the-Radar Picks Poised for Triple-Digit Gains
Nvidias latest quarterly revenues were $26 billion, 262% more than last year, and net earnings were $14.9 billion, which was beyond expectations. This led to a rise in Nvidia’s stock and increased the market value of AI-focused tech companies. Rigetti Computing, involved in quantum computing, reported Q1 2024 sales of $3.1 million, up from $2.2 million. Oddity Tech’s first-quarter 2024 financial statistics showed strong growth and success, earning $212 million. However, it faces allegations of defrauding investors. United Airlines has made significant progress since the pandemic and plans to add new sites and extend its summer flights on its international routes.
CustomersInvestment
growth-positive
Implied Volatility Surging for ODDITY Tech Ltd. (ODD) Stock Options
ODDITY Tech Ltd. has seen significant activity in the options market, with high implied volatility suggesting that investors are expecting a major move in the stock. The company, which is currently a Zacks Rank #1 (Strong Buy) in the Internet-software industry, has seen two analysts increase their earnings estimates for the current quarter. The high implied volatility could indicate a trade developing, with options traders potentially looking to sell premium. This strategy is often used by seasoned traders as it captures decay and reduces risk.
InvestmentPublic Trading
growth-negative
Initial response to the short seller report published on May 21st 2024
Oddity Tech Ltd. has rejected allegations made in a short-seller report by NINGI Research. The report claimed that the Israeli brick-and-mortar business is a significant portion of Odditys revenue and EBITDA, which the company has called a complete falsehood. Oddity stated that the Israeli business operations, which include 43 retail stores and 6 beauty schools, account for less than 5% of the companys net revenue and EBITDA. The company also clarified that the majority of the hundreds of lawsuits mentioned in the report are small-claims suits related to their stores in Israel, totaling less than $100,000.
Customers
growth-negative
Beauty Tech Platform Oddity Share Price Falls 7% on Short Seller Report
Oddity, the owner of Il Makiage and SpoiledChild, saw its share price fall by over 7% after a short seller published a report questioning the companys business practices. Ningi Research, which has a short position in Oddity, alleged that the company is not a pure-play digital platform as it claims, and that it has a significant retail presence in Israel that contributes to its sales and profits. Oddity rejected the allegations, stating that its Israeli operations account for less than 5% of its net revenue and EBITDA. The company also defended its use of technology to deliver a personalized beauty experience to consumers.
Public TradingCustomers
growth-positive
Does Oddity Tech (ODD) Have the Potential to Rally 26.86% as Wall Street Analysts Expect?
Shares of Oddity Tech (ODD) have seen a 25.3% increase over the past four weeks, closing at $40.99. Wall Street analysts predict further growth, with a mean estimate of $52, indicating a potential upside of 26.9%. The companys earnings prospects have also been revised upwards, with the Zacks Consensus Estimate for the current year increasing by 7.4% over the past month. Oddity Tech currently holds a Zacks Rank #1 (Strong Buy), placing it in the top 5% of more than 4,000 stocks ranked based on earnings estimates.
growth-positive
Can Oddity Tech (ODD) Run Higher on Rising Earnings Estimates?
Oddity Tech (ODD), an online retailer of cosmetics and beauty products, has seen a noticeable improvement in its earnings outlook, leading to a strong performance in its stock. Analysts continue to raise their earnings estimates for the company, reflecting growing optimism about its earnings prospects. The company currently carries a Zacks Rank #1 (Strong Buy), indicating promising estimate revisions. Over the past four weeks, the companys stock has gained 26.4% due to solid estimate revisions.
Investment
growth-positive
14 Best New Stocks To Buy According To Analysts
The article discusses the performance of the IPO market and highlights the success of Astera Labs, Inc., a semiconductor solutions provider. The companys IPO was priced at $36 per share in March 2024 and is trading at over $70 as of May 10. The company has already reached a market capitalization of $10.9 billion. Astera Labs, Inc. reported a non-GAAP EPS of $0.10 for Q1 2024, topping analysts’ estimates by $0.06. The revenue grew by 269.5% year-over-year to $65.26 million and beat the estimates by $8.59 million. For Q2, Astera Labs, Inc. expects a 10% to 12% sequential increase in its revenue and predicts an EPS of $0.11.
InvestmentExpand
growth-positive
Exploring Three US Growth Companies With High Insider Ownership
The article discusses three growth companies with high insider ownership - Oddity Tech Ltd., Ameresco, Inc., and Ryan Specialty Holdings, Inc. Oddity Tech, a consumer technology company, has shown robust financial performance with significant year-over-year revenue and net income increases. Ameresco, a clean technology integrator, is navigating a challenging phase with a recent shift from net income to a net loss. Ryan Specialty Holdings, an insurance service provider, is actively pursuing a disciplined M&A strategy to bolster growth. All three companies are expected to grow significantly above the market average.
Investment
growth-positive
Oddity posts ‘record’ revenue growth in Q1, raises full-year outlook
Oddity Tech, the parent company of beauty brands SpoiledChild and Il Makiage, reported a record first quarter net revenue of $212 million, a 28% increase year over year. The company also reported a net income of $33 million, up 68% from the previous year. Based on these results, Oddity has raised its guidance for the full fiscal year, expecting a net revenue between $626 million and $635 million. The company plans to launch two additional brands in 2025, aiming to capture a larger share of the growing beauty industry.
CustomersExpand
growth-positive
Oddity Tech (ODD) Q1 2024 Earnings Call Transcript
Oddity Tech reported a record-breaking Q1 2024 with a 28% increase in revenue to $212 million and a 23% adjusted EBITDA margin. The companys CEO, Oran Holtzman, attributed the growth to the companys online platform and its ability to capture high demand for beauty products. The companys Q1 2024 revenue was more than double that of Q1 2022 and almost equal to the full-year revenue for 2021. Holtzman also highlighted the companys growth strategy, which includes massive investments in future growth drivers such as new brand development, technology, and Oddity Labs.
CustomersInvestmentExpand
Growth-Positive
Oddity Tech (ODD) Q1 Earnings and Revenues Top Estimates
Oddity Tech reported quarterly earnings of $0.61 per share, surpassing the Zacks Consensus Estimate of $0.49 per share. This is a significant increase from earnings of $0.38 per share a year ago. The company, an online retailer of cosmetics and beauty products, posted revenues of $211.63 million for the quarter ended March 2024, a growth from year-ago revenues of $165.65 million. Despite the positive earnings report, Oddity Tech shares have lost about 30.6% since the beginning of the year. The companys future performance is expected to align with the market trend.
CustomersInvestment
growth-positive
ODDITY Tech Reports Record First Quarter Results, Raises Outlook
Oddity Tech Ltd. has reported a record first quarter net revenue of $212 million, a 28% increase year-over-year. The company also reported a record first quarter net income of $33 million, up 68% year-over-year, and a record first quarter adjusted net income of $38 million, up 82% year-over-year. The companys CEO, Oran Holtzman, stated that despite market speculation about an industry slowdown, the company has not seen any slowdown in its platform. The company also reported a strong balance sheet position including $252 million of cash, cash equivalents, and investments, with zero outstanding debt.
CustomersInvestment
Neutral
ODDITY to Announce First Quarter 2024 Financial Results on May 7, 2024
Oddity Tech Ltd., a consumer tech company that operates the IL MAKIAGE and SpoiledChild brands, has announced it will release its Q1 2024 financial results after the market closes on May 7, 2024. A conference call will follow on May 8, 2024. Oddity serves over 50 million users with its AI-driven online platform, using data science to identify consumer needs and develop beauty and wellness products. The company has business headquarters in New York City, an R&D center in Tel Aviv, Israel, and a biotechnology lab in Boston.
None
growth-positive
3 Artificial Intelligence (AI) Stocks That Could Go Parabolic
The article discusses the growth potential of three AI-focused companies: Oddity Tech, Pagaya Technologies, and The Trade Desk. Oddity Tech uses AI in the beauty industry, offering personalized skincare and makeup recommendations. It reported a 57% YoY revenue increase in 2023 and is expected to grow by 23% in 2024. Pagaya Technologies uses AI to approve loans and assist financial companies in making credit decisions. Despite a challenging environment, Pagayas business is growing, with a 33% YoY increase in network volume in Q4 2023. The Trade Desk uses AI to place ads, and despite being public since 2016, it is expected to benefit from the shift to digital advertising. Its revenue increased by 23% YoY in 2023.
InvestmentExpand
growth-positive
15 Best Beauty Stocks To Invest In
The article discusses the top 15 beauty stocks to invest in, highlighting the global beauty industrys significant role in the media and entertainment sector. It mentions several beauty and cosmetics giants like LOréal S.A., The Estée Lauder Companies Inc., and Unilever PLC, which have a combined market capitalization of $438 billion. The article also discusses the use of artificial intelligence in the beauty industry, with companies like Perfect Corp. and Oddity Tech Ltd. leading the way. The piece concludes by listing the top 15 beauty stocks to invest in, based on the number of hedge funds that had bought their shares in Q4 2023.
Investment
growth-positive
ODDITY Announces Pricing of Secondary Offering of Class A Ordinary Shares
Oddity Tech Ltd. has announced the pricing of a secondary public offering of 4,782,609 of its Class A ordinary shares by a fund managed by L Catterton at $43.50 per share. The fund has also granted underwriters a 30-day option to purchase up to an additional 717,391 shares. The offering is expected to close on March 19, 2024. Oddity is a consumer tech company that builds and scales digital-first brands to disrupt the beauty and wellness industries. It serves approximately 50 million users with its AI-driven online platform.
Public Trading
growth-positive
ODDITY Announces Secondary Offering of Class A Ordinary Shares
Oddity Tech Ltd. has announced the commencement of an underwritten secondary public offering of 4 million of its Class A ordinary shares by a fund managed by L Catterton. The fund intends to grant the underwriters a 30-day option to purchase up to an additional 600,000 shares. Oddity is not selling any shares in the offering and will not receive any proceeds from the sale. The company is a consumer tech firm that builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries.
Public Trading
growth-positive
Oddity pushes forward with new brands as it posts 44% revenue growth in Q4
Oddity, the owner of Il Makiage and SpoiledChild, reported a 44% YoY growth in Q4 revenue to $97 million, swinging to a profit from a loss last year. The companys full-year net revenue was up 57% YoY to $509 million. Oddity, which went public last year, also highlighted its achievements including exceeding $500 million in net revenue and surpassing 50 million platform users. The company also established Oddity Labs through its acquisition of Revela, a molecule discovery platform. Oddity plans to launch two new brands in 2025, one of which will target skin concerns like acne and eczema.
CustomersPublic TradingAcquisitionExpand
growth-positive
Oddity Tech Full Year 2023 Earnings: Beats Expectations
Oddity Tech has reported its full year 2023 results, showing significant growth. The companys revenue was up 57% from FY 2022, reaching US$508.7m. Net income also increased by 169% to US$58.5m. The profit margin rose to 12%, driven by the higher revenue. Earnings per share (EPS) increased to US$1.06 from US$0.41 in FY 2022. Both revenue and EPS exceeded analyst estimates. The companys shares are up 6.6% from a week ago. Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years.
CustomersInvestment
growth-positive
Oddity Tech (ODD) Q4 2023 Earnings Call Transcript
Oddity Tech reported a record-breaking year in its Q4 2023 earnings call, with net revenue growth of 57% to $509 million and adjusted EBITDA growth of 173% to $107 million. The companys online platform, launched five years ago, now has over 50 million users and over 2 billion data points. Odditys brands, IL MAKIAGE and SpoiledChild, delivered strong performances, with SpoiledChild growing 325% from last year to $110 million of net revenue. The company also highlighted the establishment of Oddity Labs following the acquisition of Revela, which it sees as a game changer for the industry. Looking ahead, Oddity aims to continue growing its brands and launching new ones, with a focus on science-backed products.
CustomersInvestmentAcquisitionPublic TradingExpand
Neutral
ODDITY Tech Announces Filing of Annual Report on Form 20-F
Oddity Tech Ltd. has filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the Securities and Exchange Commission. The report is available on the companys website and the SECs website. Shareholders can request a hard copy of the report free of charge. Oddity is a consumer tech company that builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries. It serves approximately 50 million users with its AI-driven online platform.
Public Trading
growth-positive
ODDITY Tech Reports Record Fourth Quarter and Full Year Results
Oddity Tech Ltd. has reported a record full year net revenue of $509 million, a 57% increase from the previous year. The company also reported a net income of $59 million, up 169% from the previous year, and an adjusted net income of $77 million, up 181% from the previous year. The companys adjusted EBITDA was $107 million, up 172% from the previous year. The company also generated $85 million of free cash flow. The companys CEO, Oran Holtzman, attributed the companys success to its large investments in technology and product over the past five years.
InvestmentExpand
Oddity Tech’s Sales Top Estimates. AI and Beauty Are a Good Team.
growth-positive
SpoiledChild, Il Makiage Owner Oddity Beats Q4 Wall Street Forecasts as It Prepares to Launch Two More Beauty Brands
Oddity, the owner of skin care brand SpoiledChild and makeup line Il Makiage, reported a net revenue of $97 million in Q4 2023, beating Wall Streets forecast of $85.9 million. The companys net income was $5.1 million, compared to a net loss of $700,000 in Q4 2022. SpoiledChild delivered $110 million in net revenue during 2023 and is profitable. Il Makiage expanded its business in skin care, which now accounts for 20% of its revenue. Oddity is planning to launch two new brands in 2025, one of which is a medical-grade skin and body care brand.
Public TradingInvestment
Growth-Positive
Why Oddity Tech Ltd. (NASDAQ:ODD) Looks Like A Quality Company
The article discusses the importance of Return On Equity (ROE) as a measure of a companys profitability in relation to shareholders equity. It uses Oddity Tech Ltd. as an example, stating that the company has a ROE of 19%, which is higher than the average in the Personal Products industry. The article also highlights that Oddity Tech does not have any net debt, which is a positive sign for shareholders. The companys ability to generate high returns on equity without too much debt indicates it is of good quality.
Investment
Growth-Positive
ODDITY to Announce Fourth Quarter and Full Year 2023 Financial Results on March 5, 2024
Oddity Tech Ltd., the consumer tech platform behind IL MAKIAGE and SpoiledChild, announced that it will release its fourth quarter and full year 2023 financial results on March 5, 2024. The company, which serves over 40 million users with its AI-driven online platform, is built to transform the global beauty and wellness market. It operates with business headquarters in New York City, an R&D center in Tel Aviv, Israel, and a biotechnology lab in Boston.
Customers
growth-positive
Oddity Tech Ltd.'s (NASDAQ:ODD) Intrinsic Value Is Potentially 47% Above Its Share Price
The projected fair value for Oddity Tech is US$62.74 based on a 2 Stage Free Cash Flow to Equity. The current share price of US$42.70 suggests that the company might be undervalued by 32%. The valuation was done using the Discounted Cash Flow (DCF) model. The total value, or equity value, is the sum of the present value of the future cash flows, which in this case is US$3.6b. Compared to the current share price of US$42.7, the company appears quite good value at a 32% discount to where the stock price trades currently.
Investment
Growth-Positive
Is Investing in Oddity Tech (ODD) a Good Idea?
ClearBridge Investments released its Q3 2023 investor letter, highlighting its underperformance against the Russell 3000 Index due to rising bond rates and a hawkish Federal Reserve. The letter also mentioned its investment in Oddity Tech Ltd., an online retail company specializing in cosmetics and beauty products. Oddity Tech, which recently went public, has a market capitalization of $2.142 billion and is growing rapidly. The company uses AI and related technologies to connect with consumers and integrate customer feedback into its sales process.
Investment
Why Oddity Stock Soared 33% in November
Growth-Negative
This Incredible Artificial Intelligence (AI) IPO Stock Just Became a Bargain, and Wall Street Is Ignoring It
Oddity Tech, a newly listed company on NASDAQ, has seen a 24% drop in its stock value. The company uses artificial intelligence to assess individual customer needs in the beauty industry and recommend products accordingly. This technology allows customers to purchase beauty products online with confidence, reducing the risk of returns for the company.
CustomersPublic Trading
growth-positive
Wall Street Analysts Predict a 33.08% Upside in Oddity Tech (ODD): Here's What You Should Know
Shares of Oddity Tech (ODD) have gained 29.8% over the past four weeks, closing at $35.10. Wall Street analysts short-term price targets suggest a potential upside of 33.1%, with a mean estimate of $46.71. The consensus price target is a key metric for investors, but it should not be the sole basis for an investment decision. Analysts growing optimism over the companys earnings prospects, as indicated by strong agreement in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. The Zacks Consensus Estimate for the current year has increased 13.3% over the past month.
growth-positive
ODDITY Tech Reports Record Third Quarter Results, Exceeds Guidance and Raises Full Year Revenue and Profit Outlook
Oddity Tech Ltd. has announced its financial results for Q3 2023, reporting its best third quarter ever with a net revenue growth of 60% and adjusted EBITDA of $91 million in the first nine months of 2023. The company has also increased its sales and profit outlook for the full year. The companys brands, IL MAKIAGE and SpoiledChild, continue to perform well, and the company has made significant investments in technology and data capabilities. The company also reported a strong financial position with $164 million of cash, restricted cash, and short-term deposits, with no debt on the balance sheet.
CustomersInvestmentExpand
growth-positive
ODDITY to Announce Third Quarter 2023 Financial Results on November 7, 2023
Oddity Tech Ltd., the consumer tech platform behind IL MAKIAGE and SpoiledChild, announced that it will release its third quarter 2023 financial results on November 7, 2023. The company, which serves over 40 million users with its AI-driven online platform, develops solutions in the form of beauty and wellness products. The company operates with business headquarters in New York City, an R&D center in Tel Aviv, Israel, and a biotechnology lab in Boston.
Customers
growth-positive
Hidden Gems: 7 Under-the-Radar Stocks with Skyrocketing Potential
The article discusses seven under-the-radar stocks that have the potential for significant growth. These include Cogent, which has expanded its network infrastructure through the acquisition of the Sprint Wireline Business from T-Mobile, and Northern Oil and Gas, which is shifting its investment cycle to maximize free cash flow. Oddity Tech, a technology-based platform, has invested heavily in AI, computer vision, and biotech. Robloxs international growth and developer ecosystem are highlighted, as is CrowdStrikes use of AI in cybersecurity. UiPath, a global Robotic Process Automation leader, is expanding and diversifying its customer base, while Intuitive Surgical is experiencing growth in the field of robotic-assisted surgery.
CustomersAcquisitionInvestmentExpand
Why Oddity Stock Plummeted 32% in September
growth-negative
Apple downgraded, Oddity upgraded: Wall Street's top analyst calls
Apple has been downgraded to Sector Weight from Overweight by KeyBanc, with no price target provided. The firm cites Apples valuation for the downgrade, stating that the tech giant is trading near all-time-high multiples and a large premium to the Nasdaq versus history. The downgrade was part of a series of market moving research calls compiled by The Fly, which also included upgrades and downgrades for other companies such as KeyCorp, LyondellBasell, Oddity, Hub Group, Matson, Sunrun, Sunnova Energy, Ryder, and B&G Foods.
Public Trading
growth-positive
Q3 2023 Oddity Tech Ltd Earnings Call
Oddity Tech Ltd. reported strong preliminary third quarter results for 2023, exceeding their guidance issued in August on net revenues and gross margin. The companys revenue is growing faster than expected, with gross margins higher and adjusted EBITDA better than anticipated. This is despite the companys efforts to pace their growth. The companys expected outstanding financial performance reflects the strength of their business model, the power of their technology-based platform, and the health of their brands. The companys large investments in technology and data capabilities over the past five years are enabling them to continue to grow fast without damaging their high-margin profitability.
InvestmentManagement ChangesExpand
These 2 Under-the-Radar Stocks Just Made Big Moves Higher
Oddity Tech (ODD) Q3 2023 Earnings Call Transcript
Growth-Positive for HP Inc. and Eli Lilly, Growth-Negative for WK Kellogg and McCormick
These Stocks Moved the Most Today: HP Inc., WK Kellogg, McCormick, Point Biopharma, Oddity, and More
HP Inc. shares were upgraded to Buy at BofA, indicating a positive outlook for the company. Conversely, WK Kellogg stock slumped after Goldman Sachs initiated coverage on the stock at Sell, suggesting a negative outlook. McCormick also experienced a slump after its revenue missed estimates. In other news, Eli Lilly announced it will acquire Point Biopharma for $1.4 billion.
Acquisition
growth-positive
ODDITY Tech Expects to Report Record Third Quarter Results, Beating Revenue Guidance
Oddity Tech Ltd. has announced its preliminary unaudited financial results for Q3 2023, expecting it to be the strongest third quarter ever with a net revenue growth of at least 58% and adjusted EBITDA of at least $89 million. The strong financial results reflect the power of Odditys platform, which is transforming the global beauty and wellness market through technology and data usage. The companys brands, IL MAKIAGE and SpoiledChild, are delivering high growth and outstanding profitability. Oddity Labs is also expanding its molecule discovery platform faster than expected.
CustomersExpand
Growth-Negative for Microsoft and General Motors, Growth-Positive for Oddity Tech
Microsoft CEO testifies, Oddity Tech, GM furloughs: Top Stories
Microsoft CEO Satya Nadella testified in the antitrust case against Google, claiming that Google used unfair tactics to harm Microsofts Bing search engine. Oddity Tech reported significant revenue growth of 29% to 31% in its preliminary third quarter results, driven by repeat sales. General Motors furloughed 160 additional workers amid an expanding UAW strike and labor negotiations.
CustomersLayoffs
The IPO Market Is Open Again! At Least for the Moment.
Arm Holdings Stock Falls Below IPO Price
Growth-Positive
3 Hot Upcoming IPOs to Buy (Not Named Arm)
Arm Holdings, a UK-based chip designer, has priced its initial public offering (IPO) at $52 per share, giving it a market capitalization of $55 billion. This comes after a failed acquisition attempt by Nvidia in 2022 for $40 billion. Other companies making IPO moves include Birkenstock Holding, which filed its F-1 registration statement for foreign private issuers with the SEC on September 12, and SharkNinja, which separated from its parent company, JS Global Lifestyle Company, on July 31. Oddity Tech, an Israeli-based tech company, is also looking to transform the global beauty and wellness market through its IPO.
Public TradingInvestmentAcquisition
Growth-Positive
ODDITY Tech Announces Purchase Of Class A Shares By Global CFO Lindsay Drucker Mann
Oddity Tech Ltd.s Global CFO, Lindsay Drucker Mann, has purchased approximately $1,000,000 of the companys Class A ordinary shares in the open market. This decision reflects her confidence in the value of the stock and the business. Oddity is a consumer tech company that builds and scales digital-first brands to disrupt the beauty and wellness industries. The company serves over 40 million users with its AI-driven online platform, identifying consumer needs and developing beauty and wellness solutions.
Investment
Birkenstock Files for IPO
growth-positive
Arm IPO is a 'good barometer' for tech and AI, analyst says
The article discusses the upcoming Initial Public Offerings (IPOs) of several companies, including Arm, Instacart, and SpaceX. Brianne Lynch, Head of Market Insight at EquityZen, shares her insights on the market outlook for the remainder of 2023. She mentions that Arms IPO will be the largest in the U.S. since Rivians in 2021 and will be a good barometer for investor interest in tech and AI. Lynch also mentions that the $52 billion valuation for Arm is aggressive, valuing the company between 92 and 100 times price to earnings. She suggests that the success of future IPOs will be company-specific and will depend on factors such as growth rates and profitability.
Public Trading
Arm Targets More Than $52 Billion Valuation in Largest IPO of the Year
growth-negative
Why Oddity Stock Dropped 22% in August
Shares of Oddity Tech (NASDAQ: ODD) stock fell 22% in August after its first quarterly report as a public company. The stock had already experienced a significant increase after its initial public offering (IPO), which is common for high-growth IPO stocks.
Public Trading
growth-positive
Arm Looks to Target IPO at $50 Billion to $55 Billion Valuation
British chip designer Arm Ltd. is planning an IPO with a target valuation between $50 billion and $55 billion. SoftBank Group, the owner of Arm, is expected to sell about 10% of total shares in the offering. This IPO will test the markets recent revival and is set to be the largest IPO of the year.
Public Trading
growth-positive
ODDITY Appoints Gil Efrati as CEO of SpoiledChild
Oddity Tech Ltd. has announced the appointment of Gil Efrati as the CEO of SpoiledChild, with the objective of becoming the worlds largest wellness brand. Efrati, who has experience in ecommerce and scaling businesses, will leverage Odditys technology platform to accelerate SpoiledChilds growth. SpoiledChild is a multicategory, online-only wellness brand that has already recorded $48 million in gross sales in its first year. Oddity is a consumer tech company that builds and scales digital-first brands in the beauty and wellness industries. They own brands such as IL MAKIAGE and SpoiledChild and operate with headquarters in New York City, an R&D center in Tel Aviv, and a biotechnology lab in Boston.
Management Changes
growth-negative
This AI IPO Stock Just Crushed Its First Report As a Public Company. Here's Why Its Stock Dropped
Oddity Tech, an AI company, recently went public and released its first quarterly report. The stock dropped after the report, indicating a growth-negative impact. The key theme of the article is the stocks performance after the IPO. The article does not mention any specific partners or customers. No valuation amount, acquisition amount, or investment amount is mentioned. No layoffs or management changes are discussed. The event described in the article occurred in July. Confidence level: 8
Public Trading
Growth-Positive
2 Hot IPO Stocks That Could Crush the Market
The article discusses the potential of two IPO stocks, Cava Group and Oddity Tech, to outperform the market. The IPO market has been relatively quiet over the past year due to a record number of IPOs in 2021, a SPAC bust, and a bear market. However, these two companies are identified as having significant potential for growth.
Public Trading
growth-positive
Viral Makeup Company’s Valuation Looks Oddly High
The article discusses the high valuation of Il Makiage, an online makeup brand owned by Oddity Tech. The companys valuation is considered to be oddly high, indicating a positive growth impact. The key theme of the article is the valuation of the viral makeup company. The key issue discussed is related to customers, as the article mentions the popularity of Il Makiage. No specific partners, investment amounts, layoffs, or acquisition amounts are mentioned in the article. The date of the event described is not provided. Confidence level: 8
Customers
growth-positive
IPO market could see 'real uptick' in 2024, Citi's US head of banking says
The article discusses the IPO market and predicts that 2024 will be a year of significant IPO opportunities. While there have been some strong IPO transactions in the current year, the real uptick is expected in 2024. Stability is emphasized as a key factor for successful IPOs and M&A deals. The article mentions Cava and Oddity as potential IPO opportunities. However, it cautions that the IPO boom of 2021 is not sustainable, and a more balanced and stable IPO market is desired in the long term. The market conditions need to improve for a thriving IPO market, and 2024 is expected to be a stock pickers market.
Public Trading
growth-positive
Redfin upgraded, CSSE downgraded: Wall Street's top analyst calls
Redfin has been upgraded by Oppenheimer based on valuation, while Chicken Soup for the Soul has been downgraded by Craig-Hallum due to a highly leveraged balance sheet. Other companies that received upgrades or downgrades include CareDx, HASI, Pharvaris, Hexcel, Design Therapeutics, BioXcel Therapeutics, Forward Air, Avid Technology, Oddity, Computer Programs & Systems, R1 RCM, Diebold, and GameSquare.
Customers
growth-positive
3 Stocks You Should Buy for Growth Today
The article discusses three growth stocks to buy today: Oddity Tech, Celsius Holdings, and Arista Networks. Oddity Tech is a recent IPO listing that is revolutionizing the beauty industry through its direct-to-consumer platform. The company has seen significant revenue growth and has over 4 million active customers. Celsius Holdings is an energy drink company with a proven growth engine, with sales growing 7x in the past three years. The company has a partnership with PepsiCo and has significant growth opportunities in the international market. Arista Networks provides data center switching equipment and software and is experiencing strong demand and market share growth. The company is disrupting the networking equipment market and has a rosy outlook for future revenue growth.
Customers
growth-negative
Marriott downgraded, Okta upgraded: Wall Street's top analyst calls
Marriott has been downgraded by Bernstein to Market Perform from Outperform, citing valuation for the downgrade. The article also includes several other research calls, including upgrades for Okta, Teledyne, Parsons, Anika Therapeutics, and Coterra Energy.
Public Trading
growth-positive
Oddity Tech’s IPO Was Hot. What Wall Street Says About the Stock.
Oddity Techs stock has risen about 50% since its IPO at $35, but it was falling on Monday.
Public Trading
Growth-Positive
SpoiledChild Owner Faces Wall Street Review After Hot IPO
Oddity Tech Ltd., the beauty company behind the brands SpoiledChild and Il Makiage, has seen its shares surge 50% since its July trading debut. The company raised $424 million in its initial public offering, with investors including L Catterton, Baillie Gifford, and Franklin Templeton. The company, which was underwritten by banks including Goldman Sachs Group Inc., Morgan Stanley, and others, has a market value approaching $3 billion. The end of the quiet period for ratings from analysts at firms that participated in Oddity’s IPO is on Aug. 14.
InvestmentPublic Trading
Growth-Positive
IPO Stock Of The Week Roundup: Oddity, On Near Latest Buy Points, But Procore Triggers Sell Signals
Oddity and On Holding are identified as some of the best IPO stocks to buy and watch in the current stock market. However, Procore Technologies, also on the IPO Leaders list, has triggered multiple sell signals. Oddity, an Israel-based beauty and wellness company, uses algorithms and machine learning models to deliver precise product matches to customers.
CustomersPublic Trading
growth-positive
ODDITY Tech Reports Record Second Quarter Results, Beating Preliminary Expectations, and Raises Full Year 2023 Outlook Above Plan
Oddity Tech Ltd. has announced its Q2 2023 financial results, revealing a 69% YoY net revenue growth, $50 million net income, and $70 million Adjusted EBITDA. The company also completed the acquisition of Revela and launched Oddity Labs to leverage AI for molecule discovery. Following a successful IPO, Oddity has raised its full-year outlook, expecting a 46-48% increase in net revenue and Adjusted EBITDA between $96 million and $101 million. The companys Q2 net revenue was $151.3 million, a 55% YoY increase, and gross profit was $106.8 million, a 60% YoY increase.
InvestmentAcquisitionPublic Trading
Growth-Positive
Oddity Tech Lifts Forecasts, Posts Solid Profit in First Report Since IPO
Oddity Tech, an online beauty-products company, has reported a solid profit in its first report since its IPO. The company reported adjusted earnings of 56 cents a share, which is higher than the 33 cents recorded in the same quarter of the previous year. As a result, Oddity Tech has lifted its forecasts.
Public Trading
Growth-Positive
What will trigger the next tech IPO boom? It's not SoftBank's chipmaker Arm
SoftBank-backed chip design company, Arm, is reportedly planning an IPO in September, seeking a public valuation between $60 billion and $70 billion. However, experts do not believe this will trigger a boom in tech IPOs, as Arm is a unique case due to its profitability and billions in revenue. While there has been some recent IPO activity, including Cava and Oddity, these are not VC-backed tech companies. The tech IPO market has been quiet for over a year, with companies prioritizing efficiency and cost-cutting over growth due to rate hikes, rising inflation, and an uncertain macroeconomic environment.
Public Trading
Growth-Positive
IPO Stock Of The Week: AI Stock Oddity Grapples With First Buy Point After Big Debut
AI stock leader Oddity is experiencing a significant increase in its stock value, breaking out past its latest buy point. The companys shares surged more than 35% in its debut on July 19, 2023.
Public Trading
Growth-Positive
ODDITY to Announce Second Quarter 2023 Financial Results on August 9, 2023
Oddity Tech Ltd., the consumer tech platform behind IL MAKIAGE and SpoiledChild, announced that it will release its second quarter 2023 financial results on August 9, 2023. The company will host a conference call to discuss the results. Oddity is a consumer tech company that builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries. The company serves over 40 million users with its AI-driven online platform, developing solutions in the form of beauty and wellness products.
Customers
growth-positive
יפה לה: הבינה המלאכותית של אודיטי טק כבשה את וול...
Oddity Tech, a beauty-tech company that owns the makeup brand IL Makiage, went public this month in a rare move in the current US stock market. In the IPO, 12.1 million Oddity shares (about 21% of all company shares) were sold at a price of $35 per share, reflecting a market value of about $2 billion for the American-Israeli company. Oddity raised about $424 million in this offering. The companys AI technology allows Odditys online DTC platform to identify customer needs and offer them solutions in the form of makeup and grooming products. The company employs more than 250 employees in its New York headquarters and its Tel Aviv development center.
Public TradingInvestmentAcquisition
growth-positive
IPO market poised to thaw as stocks heat up
The US economys resilience is reviving the IPO market, with deal values for traditional public listings more than doubling from the same period in 2022. The number of IPOs in the US has also increased by over 25% compared to last year. Companies such as Oddity Tech and Cava have seen significant increases in their share prices following their IPOs. Other companies, including Birkenstock, Arm, and Klaviyo, are expected to go public in the fall. Despite this, some companies like Stripe and Reddit have chosen to delay their public offerings.
Public Trading
Growth-Positive
This AI Beauty and Wellness Stock Just Hit the Markets. Should You Buy Oddity Stock?
Beauty and wellness company Oddity Tech, which utilizes advanced AI technology, has recently had its initial public offering (IPO). The company is part of a niche industry and is going beyond traditional AI and machine learning capabilities, using these technologies for functions such as product recommendations and delivery systems.
Public Trading
Growth-Positive
So-Called Cornerstone Investors Provide a Boost to This Year’s Top IPOs
Several of this years top-performing US initial public offerings (IPOs) have benefited from early support from investors. Cava Group Inc., Oddity Tech Ltd., and Savers Value Village Inc. lined up firms including T. Rowe Price, Baillie Gifford, and Franklin Templeton to buy a portion of their offerings before their market debut. These companies priced their offerings above the marketed range, indicating robust demand. The practice of securing cornerstone or anchor investors has been more popular in Europe and Hong Kong but is gaining traction in the US. This strategy can help companies tout support from a big backer and allow large investors to secure a hefty allocation of the IPO shares.
InvestmentPublic Trading
growth-positive
FOMO Drives Investors as IPO Market Awakens From Long Slumber
The article discusses the successful launch of Oddity, indicating a potential resurgence in new issues. The companys success is seen as a positive sign for the IPO market, which has been in a long slumber. The article suggests that the fear of missing out (FOMO) is driving investors to participate in the IPO market.
Public TradingInvestment
Oddity's rise makes CEO Oren Holtzman a dollar billionaire
growth-positive
L Catterton Chalks Up a Home Run on Oddity IPO
Consumer-focused firm L Catterton has made a significant profit from its investment in a makeup company. The firms $50 million investment is now worth $900 million. The article does not provide further details about the makeup company or the nature of the investment.
InvestmentPublic Trading
growth-positive
Oddity Shares Jump 40% in Stock Market Debut
Oddity Tech, a direct-to-consumer beauty company, saw its shares rise by about 40% in its initial trading. The companys stock opened at $49.10 a share on Wednesday afternoon, up from its IPO price of $35, when it started trading on Nasdaq under the symbol ODD.
Public Trading
growth-positive
Oddity Tech Stock Finishes Above IPO Price on First Trading Day
Shares of beauty company Oddity Tech finished well above their IPO price on their first day of trading. The company had priced its initial public offering at $35 a share.
Public Trading
growth-positive
Oddity Tech Stock Surges in Beauty Company’s Trading Debut
Oddity Tech, a technology company, has seen a surge in its stock during its trading debut. The company is aiming to transform the $600 billion global beauty and wellness market.
Public Trading
growth-positive
Oddity begins Nasdaq trading at company valuation of $2b
Oddity Tech Ltd., the parent company of Israeli online cosmetics brand IL Makiage, is raising $423 million by trading on Nasdaq at a company valuation of $2 billion. The companys controlling shareholders are CEO Oran Holtzman and private equity firm L. Catterton. Holtzman is selling shares worth $211 million. The company has reinvented itself as a tech-consumer platform designed to change the global cosmetics market. It is growing, profitable, and enjoyed high demand for its new shares on Wall Street.
InvestmentPublic Trading
growth-positive
Oddity Tech CFO talks IPO, AI tech to improve sales
Oddity Techs shares surged by over 35% on its first day of trading. The companys Global CFO, Lindsay Drucker Mann, explained that the company anticipates 50% of beauty sales to come from online in the near future. Oddity Tech uses AI technology to discover new brands and opportunities. The company, which is profitable, has been investing heavily in technology to develop new products. The companys business model aims to unlock online for the global beauty and wellness market, which has been behind the curve in online adoption and technology investment.
Public TradingExpand
growth-positive
Beauty tech company Oddity announces IPO plans
Oddity, the Israeli beauty and tech company behind the Il Makiage and Spoiled Child brands, has filed to go public on the Nasdaq under the ticker ODD. The company, which uses data and AI to develop brands and make tailored product recommendations, has not disclosed the pricing of the offering. Oddity, which was launched in 2018, operates with business headquarters in New York City, an R&D center in Tel Aviv, and a biotechnology lab in Boston. In fiscal 2022, the company recorded $324.52 million in sales and a net income of $21.73 million.
Public Trading
ODDITY Invests $100M to Bring Pharma's AI Based Molecule Discovery Technology to Beauty and Wellness.
growth-positive
Online cosmetics co IL Makiage sells 9% stake for $130m
IL Makiage, an online beauty products company, has sold 9% of its shares to investment funds at a company valuation of nearly $1.5 billion. The funds led by Fidelity, Franklin Templeton, Thomas Tull, and First Light Capital Group, among others, purchased the shares for $130 million. IL Makiage, which was liquidated in 2013 and later acquired, has experienced significant growth due to the shift to online sales during the COVID-19 pandemic. The companys revenue doubled last year to $270 million. The sale of shares to US private equity funds aims to increase the companys visibility ahead of a potential IPO on Wall Street. The funds raised will be used to purchase shares from existing stakeholders rather than for company investment.
InvestmentPublic Trading
Oddity Team
Employee Info
| Employees (range) | 500+ |
| Exact count | 657 |
| Team members | 4 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 12 classification IDs that could be used for matching.
Oddity Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 89/100 |
| Missing | video or image, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 514936269 |
| Crunchbase | oddity-7f15 |
| Creator | Maor Perlov |
| Creator email | maor.perlov@sncentral.org |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2025-06-08T00:00:00.000Z |
| Created | 2023-07-03T00:00:00.000Z |
| Status detail | Public on NASDAQ on Jul, 2023<br> |