Oddity Tech beat Q2 estimates and raised FY 24 guidance, despite Barclays lowering its target price.

Oddity Tech (NASDAQ:ODD), a consumer tech company in beauty and wellness, updated its FY 2024 guidance with EPS of 1.850-1.870, higher than the consensus of 1.760, and revenue of $642.0 million-$644.0 million, above the consensus of $638.5 million. The company beat Q2 estimates with EPS of $0.82 and revenue of $192.77 million. Barclays lowered its target price to $39.00 with an "equal weight" rating, while analysts have a "Moderate Buy" consensus and a target price of $52.83.

November 10, 2024
4 Articles

Further Reading