Oddity Tech Ltd.’s Lock-Up Period Set To Expire on January 15th (NASDAQ:ODD)

From MarketBeat:

Oddity Tech’s lock-up period will expire on January 15th, with a total offering of $423.68 million. A number of research firms have given the company a “buy” or “hold” rating, with an average price target of $48.14, based on MarketBeat data. The stock opened at $42.70 on Monday.

Oddity Tech recently reported its quarterly earnings, with $0.06 EPS and a net margin of 11.02%. Analysts predict a 0.94 EPS for the current year.

Institutional investors such as TFC Financial Management Inc., TD Asset Management Inc., and Massachusetts Financial Services Co. MA have recently added to their stakes in Oddity Tech.

Oddity Tech operates as a consumer tech company that builds and scales digital-first brands in the beauty and wellness industries through its AI-driven online platform.

While Oddity Tech holds a “Moderate Buy” rating, top-rated analysts believe that there are better buys among the five stocks they have identified.



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