ODDITY Tech (NASDAQ:ODD) Shares Gap Down Following Weak Earnings

Posted by Francis Steltz on Jun 3rd, 2026

ODDITY Tech Ltd. (NASDAQ:ODD – Get Free Report) shares gapped down prior to trading on Wednesday following a weaker than expected earnings announcement. The stock had previously closed at $9.84, but opened at $9.30. ODDITY Tech shares last traded at $10.00, with a volume of 803,402 shares trading hands.

The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.13). The company had revenue of $197.94 million during the quarter, compared to analyst estimates of $187.87 million. ODDITY Tech had a net margin of 13.68% and a return on equity of 29.84%. The business’s revenue was down 26.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.69 EPS.

Key Stories Impacting ODDITY Tech

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

Positive Sentiment: ODDITY Tech highlighted strong liquidity, with $667.4 million in cash and investments plus $350 million in undrawn credit facilities, and it continued share repurchases. ODDITY Tech Reports First Quarter 2026 Results, Makes Progress Toward Normalization
Neutral Sentiment: KeyCorp reaffirmed its “sector weight” rating on ODDITY Tech, suggesting the latest selloff has not yet changed its stance. Benzinga
Negative Sentiment: The company missed EPS expectations and reported a year-over-year revenue decline, signaling pressure on profitability and demand. ODDITY Tech Q1 2026 Earnings Call
Negative Sentiment: Management’s Q2 revenue guidance came in below analyst forecasts, reinforcing concerns that customer-acquisition issues may continue to hurt results. ODDITY Tech Swings to Q1 Loss as Ad Disruption Hits Sales but Steps Up Buybacks

Analyst Upgrades and Downgrades

A number of research firms have commented on ODD. The Goldman Sachs Group reduced their target price on ODDITY Tech from $20.00 to $16.00 and set a “neutral” rating for the company in a report on Friday, March 27th. Weiss Ratings lowered shares of ODDITY Tech from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. reissued a “neutral” rating and set a $16.00 price target (down from $59.00) on shares of ODDITY Tech in a research note on Thursday, February 26th. Bank of America cut ODDITY Tech from a “buy” rating to an “underperform” rating and set a $10.00 price objective for the company. in a report on Thursday, February 26th. Finally, Needham & Company LLC restated a “hold” rating on shares of ODDITY Tech in a research report on Tuesday. Ten investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $30.66.

Read Our Latest Report on ODD

Insider Activity at ODDITY Tech

In related news, CFO Mann Lindsay Drucker sold 9,603 shares of ODDITY Tech stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $13.44, for a total transaction of $129,064.32. Following the completion of the sale, the chief financial officer owned 77,709 shares in the company, valued at approximately $1,044,408.96. This trade represents a 11.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 28,807 shares of company stock worth $402,428 over the last quarter.

Hedge Funds Weigh In On ODDITY Tech

A number of institutional investors have recently modified their holdings of the company. TD Asset Management Inc grew its stake in ODDITY Tech by 7.7% in the 3rd quarter. TD Asset Management Inc now owns 6,629 shares of the company’s stock worth $413,000 after acquiring an additional 476 shares during the period. Wexford Capital LP acquired a new stake in shares of ODDITY Tech during the third quarter worth $40,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of ODDITY Tech by 134.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,134 shares of the company’s stock valued at $69,000 after purchasing an additional 651 shares during the period. USS Investment Management Ltd increased its stake in ODDITY Tech by 5.3% in the fourth quarter. USS Investment Management Ltd now owns 13,753 shares of the company’s stock valued at $552,000 after purchasing an additional 695 shares during the last quarter. Finally, California State Teachers Retirement System lifted its position in ODDITY Tech by 2.0% during the fourth quarter. California State Teachers Retirement System now owns 43,532 shares of the company’s stock worth $1,749,000 after buying an additional 870 shares during the period. Institutional investors and hedge funds own 35.88% of the company’s stock.

ODDITY Tech Trading Up 1.6%

The company has a current ratio of 5.24, a quick ratio of 4.06 and a debt-to-equity ratio of 1.47. The stock has a market capitalization of $575.80 million, a price-to-earnings ratio of 5.56, a price-to-earnings-growth ratio of 1.83 and a beta of 2.47. The business has a 50 day simple moving average of $13.96 and a 200-day simple moving average of $26.24.

About ODDITY Tech

(Get Free Report)

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