ODDITY Tech Ltd. Class A Ordinary Shares (ODD)
ODDITY Tech Ltd. (ODD) is a technology company that develops and offers innovative healthcare and wellness solutions. The company focuses on leveraging technology to improve personal health management through its digital platforms and health-related products. Its aim is to transform the healthcare experience by integrating data, technology, and personalized solutions.
Company News
Three stocks across multiple sectors may draw the attention of investors looking for a momentum play - Oddity Tech Ltd, NeoGenomics Inc, and Comfort Systems USA Inc. These companies have seen significant share price improvements and positive analyst ratings, suggesting potential for continued upside.
Oddity Tech reported strong revenue growth of 27% in 2024, driven by its core brands IL MAKIAGE and SpoiledChild. The company is investing in future growth initiatives, including new brand launches and a biotech lab. Management remains committed to delivering 20% revenue growth and 20% adjusted EBITDA margins for 2025.
A class action lawsuit has been filed against ODDITY Tech Ltd. (NASDAQ: ODD) alleging the company made materially false and misleading statements about its AI technology, sales practices, and ongoing litigation.
The Law Offices of Frank R. Cruz reminds investors of the upcoming September 17, 2024 deadline to file a lead plaintiff motion in the class action lawsuit against Oddity Tech Ltd. (ODD) for allegedly making materially false and/or misleading statements about its business, operations, and prospects.
The average of price targets set by Wall Street analysts indicates a potential upside of 33.3% in Oddity Tech (ODD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.