Goldman Lowers Oddity Tech Ltd. (ODD) PT on Rising Costs and Softer Demand Signals [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
TheFly reported on March 27 that Goldman Sachs kept ODD at a Neutral rating while reducing the price target to $16 from $20. The adjustment reflects higher projected expenses driven by rising oil costs and softer demand signals observed from industry channels, according to the firm's research update. Earlier on February 25, Oddity Tech Ltd. (NASDAQ:ODD) announced its fourth-quarter and full-year 2025 financial results, highlighting record performance despite operational challenges. The company achieved double-digit revenue growth driven by strong sales from IL MAKIAGE and SpoiledChild, while successfully launching its third brand, METHODIQ. Total cash, cash equivalents, and investments reached $776 million, and the company amended credit agreements to secure $350 million in credit facilities. Goldman Lowers Oddity Tech Ltd. (ODD) PT on Rising Costs and Softer Demand Signals ODD also noted a disruption with its largest advertising partner, resulting in elevated new user acquisit
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