OLAPLEX Expands Board of Directors with Strategic Appointments
Written by Emily J. Thompson, Senior Investment Analyst
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Source: Newsfilter
New Board Appointments: Olaplex Holdings, Inc. has appointed Jerome Griffith and Pamela Edwards to its Board of Directors, bringing extensive retail and financial expertise to support the company's growth and strategic direction.
Company's Future Focus: The new board members aim to enhance Olaplex's position as a leader in the beauty industry, emphasizing innovation and expansion while building on the brand's established reputation and recent product launches.
Analyst Views on OLPX
Wall Street analysts forecast OLPX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OLPX is 1.98 USD with a low forecast of 1.25 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
2 Buy
4 Hold
1 Sell
Hold
Current: 1.560
Low
1.25
Averages
1.98
High
4.00
Current: 1.560
Low
1.25
Averages
1.98
High
4.00
About OLPX
Olaplex Holdings, Inc. is a foundational health and beauty company. Its Complete Bond Technology works by protecting, strengthening and relinking all three bonds during and after hair services. Its product portfolio includes 23 products that support the hair health needs of its professional hairstylist and consumer communities. It developed its patent-protected bond-building technology, Bis-amino, which works on the molecular level to repair the hair’s disulfide bonds. Leveraging its Bis-amino technology, its two-part salon and at home bond-building treatments are complete bond builders that can repair all three main chemical bonds deep inside the hair: hydrogen, ionic and disulfide bonds. Its OLAPLEX Bond Shaping Technology is a proprietary peptide that penetrates deep into the hair to strengthen, rebuild, and reform curl-shaping disulfide bonds. Its products are sold globally through an omnichannel model serving the professional, specialty retail, and direct-to-consumer channels.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
