ODD Stock Forecast & Price Target

ODDITY Tech Ltd demonstrated significant growth in its financial performance, with online direct-to-consumer sales reaching $140.5 million, reflecting a 27.5% year-over-year increase. Total revenue also showed notable improvement, rising 24.3% to $147.9 million, surpassing consensus expectations. Moreover, the company achieved a robust gross margin of 71.6%, an increase of 2.4% year-over-year, and raised its FY25 gross margin guidance to approximately 72.5%, indicating strong operational efficiency and profitability prospects.

ODDITY Tech Ltd experienced a significant quarter-over-quarter revenue decline of 38.7%, totaling $147.9 million, which fell short of market consensus expectations. Additionally, the adjusted EBITDA margin decreased by 6.4% year-over-year to 19.5%, suggesting pressure on profitability despite exceeding internal estimates. The company's challenges are compounded by intense competition in the beauty sector, potential limitations from pursuing a higher-priced prestige market, and delays in product launches, all of which could hinder growth prospects and performance.