ODD

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Financial Results Announcement: ODDITY Tech Ltd. will release its Q1 2025 financial results on April 29, 2025, followed by a conference call on April 30 at 8:30 a.m. Eastern Time.

Company Overview: ODDITY is a consumer tech company focused on digital-first brands in the beauty and wellness sectors, serving around 60 million users through an AI-driven platform and owning brands like IL MAKIAGE and SpoiledChild.

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Financial Performance: ODDITY reported a record Q4 revenue of $124M, exceeding expectations, with strong growth in its brands IL MAKIAGE and SpoiledChild, and achieved $101M net income for the full year of 2024.

Future Outlook: CEO Oran Holtzman expressed confidence in ODDITY's future, highlighting their successful direct-to-consumer model and ongoing investments in technology and new brands to capitalize on industry growth trends.

ODDITY Financial Guidance: ODDITY (ODD) forecasts net revenue for 2025 between $776 million and $785 million, with a gross margin of approximately 70% and adjusted EBITDA between $155 million and $158 million, surpassing the consensus revenue estimate of $772.59 million.

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Credit Facility Agreement: ODDITY Tech Ltd. has secured a new $200 million credit facility, replacing its previous $100 million facility, to enhance financial flexibility for growth initiatives and corporate needs.

Company Overview: ODDITY is a consumer tech company focused on disrupting the beauty and wellness industries through AI-driven solutions, serving around 50 million users with brands like IL MAKIAGE and SpoiledChild.

Analyst Ratings Updates: Top Wall Street analysts have initiated coverage and provided ratings for several companies, including Core Natural Resources (Hold, $93 target), Oddity Tech (Overweight, $55 target), Zillow Group (Neutral, $88 target), Dave Inc (Buy, $120 target), and NNN REIT (In-Line, $42 target).

Current Stock Prices: As of Thursday, the closing prices for these stocks were Core Natural Resources at $92.36, Oddity Tech at $46.87, Zillow Group at $80.93, Dave Inc at $96.94, and NNN REIT at $39.69.

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Acquisition Announcement: ODDITY Tech Ltd. has acquired the tech intellectual property of fintech company Fionic, enhancing its AI capabilities for financial and consumer markets, with Fionic's co-founder and AI R&D team joining ODDITY to further develop predictive technology.

Team Expertise: The former Fionic team consists of elite AI researchers and data scientists with backgrounds in military intelligence and top tech companies, bringing extensive experience in advanced algorithms and real-time data processing to ODDITY's operations.

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Top Stock Picks: Three stocks with strong growth characteristics and Zacks Rank #1 are highlighted for investors: Oddity Tech Ltd. (ODD), Construction Partners, Inc. (ROAD), and nCino, Inc. (NCNO), all showing positive earnings estimates and favorable PEG ratios.

Investment Insights: Zacks Investment Research suggests that one of their top picks targeting millennial and Gen Z audiences could potentially see significant growth, similar to previous successful stock recommendations.

Investment Opportunities: The article highlights four top-ranked stocks—DXP Enterprises, Ubiquiti, Sezzle, and Oddity Tech—that investors may consider adding to their portfolios for potential high returns, emphasizing the importance of liquidity and financial ratios in evaluating these companies.

Company Performances: Each company is experiencing growth; Sezzle reports a 71.3% revenue increase, Ubiquiti shows strong demand across regions, Oddity Tech sees a 26% rise in revenues, and DXP Enterprises benefits from moderating inflation and strategic acquisitions, suggesting positive outlooks for 2024.

Analyst's Predictions for Tech Stocks: Truist analyst Youssef Squali identifies several internet stocks, including Amazon, Meta Platforms, Cimpress, and Oddity Tech, as top picks for 2025, citing strong growth potential driven by AI and e-commerce trends.

Company Performance Insights: Amazon and Meta have shown significant stock increases in 2024, while Cimpress and Oddity Tech are expected to rebound despite underperformance, with Squali recommending them as buys based on their future growth prospects.

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Analyst Ratings on ODDITY Tech Ltd.: Barclays analyst Lauren Lieberman has maintained a Hold rating on ODDITY Tech Ltd. Class A with a price target of $42.00, while Goldman Sachs also issued a Hold rating; however, JMP Securities reiterated a Buy rating for the stock.

Company Overview: ODDITY Tech Ltd., based in Tel Aviv-Jaffa, Israel, operates as a consumer-tech company offering beauty and wellness products through its digital-first brands, including IL MAKIAGE and SpoiledChild, utilizing innovative technology to disrupt traditional markets.

Analyst Ratings: Bonnie Herzog from Goldman Sachs has initiated a Hold rating on ODDITY Tech Ltd. Class A (ODD) due to its strong growth potential but concerns over future investments impacting profit margins and sustainability of growth.

Company Overview: ODDITY Tech Ltd. operates as a consumer-tech company in the beauty industry, utilizing advanced technology to offer digital-first brands and products, with significant investments planned for 2025.

Share Repurchase Announcement: ODDITY Tech Ltd. has entered a transaction to repurchase approximately 2.35 million Class A Ordinary Shares for about $100 million, funded by existing cash resources, while continuing its previously announced share buyback plan.

Financial Performance Overview: The company reported a free cash flow of $126.6 million for the twelve months ending September 30, 2024, and held $248 million in cash and equivalents, with no financial debt, indicating strong financial health.

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Q3 2024 Earnings Conference Call: Oddity Tech Ltd held its earnings conference call on November 7, 2024, where management discussed forward-looking statements regarding the company's business strategy and financial performance, emphasizing the risks and uncertainties involved.

Industry Transformation: CEO Oran Holtzman highlighted that ODDITY is at the forefront of a transformation in the beauty industry, indicating the company's strong position and potential for future growth.

Financial Performance: ODDITY Tech Ltd. reported record third-quarter net revenue of $119 million, a 26% increase year-over-year, with adjusted EBITDA of $25 million and net income of $18 million, up 362% from the previous year. The company also raised its full-year financial outlook for 2024.

Business Strategy: CEO Oran Holtzman highlighted the company's strong direct-to-consumer model and investments in online consumer demand and high-performance products, which have led to consistent profitable growth and market share gains despite challenges faced by competitors.