Company expects Q3 net revenue to decline about 5% year-over-year
Company sees Q3 adjusted EBITDA between $18 mln and $20 mln
ODDITY expects FY26 net revenue to decline about 19% year-over-year, adjusted EBITDA $30 mln-$32 mln
Analyst coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 7 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the personal products peer group is "buy."
Wall Street's median 12-month price target for ODDITY Tech Ltd. is $10.00, about 23.2% below its September 8 closing price of $13.03
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 13 three months ago
What drove the quarter
IL MAKIAGE ADVERTISING DISLOCATION - Co said revenue decline was mainly due to technical issues with advertising algorithms for IL MAKIAGE
SPOILEDCHILD GROWTH - Double-digit revenue growth for SpoiledChild helped offset declines, per CEO Oran Holtzman
METHODIQ EARLY RESULTS - Strong early results for METHODIQ contributed positively to Q2 performance
ODD•
