Oddity Tech (ODD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Oddity Tech (ODD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ODD's turnaround could benefit from improving acquisition costs, even if profitability takes longer to recover than revenue. SpoiledChild is a nice, growing revenue base. And METHODIQ and Labs offer longer-term opportunities beyond IL MAKIAGE's potential recovery. ODD also has convertible bonds trading at a discount and a 0% coupon. This is essentially cheap debt that gives ODD flexibility and an interesting value lever.
| Transportation Infrastructure Industry | Industrials Sector | Oran Holtzman CEO | XMUN Exchange | IL0011974909 ISIN |
| IL Country | 658 Employees | - Last Dividend | - Last Split | 19 Jul 2023 IPO Date |
Oddity Tech Ltd. is a pioneering consumer technology entity concentrated on crafting digital-first brands within the beauty and wellness arenas, serving a global clientele. The company leverages AI-driven methodologies through an online platform, incorporating data science, machine learning, and computer vision to precisely understand and meet consumer needs. By doing so, Oddity Tech Ltd. designs innovative solutions translated into a range of beauty and wellness commodities. Established in 2013 and based out of Tel Aviv, Israel, Oddity Tech is at the forefront of the intersection between technology and personal care, catering to customers across the United States and internationally.