- Oddity Finance is gearing up for a $350 million exchangeable senior notes issuance.
- Analysts set a varied price target for Oddity Tech, suggesting a mixed future outlook.
- Oddity maintains a strong cash position with substantial liquidity resources.
Oddity Finance, a key arm of Oddity Tech (ODD, Financial), has unveiled plans to issue $350 million in exchangeable senior notes, maturing in 2030, through a private placement. This strategic move is designed to bolster the company’s financial flexibility, supporting general corporate purposes and a hedging strategy intended to minimize share dilution. As of March 31, 2025, Oddity Tech boasts a robust financial standing with $257 million in cash reserves and access to an undrawn $200 million credit line.
Wall Street Analysts Forecast
Turning to Wall Street’s perspective, eight analysts have put forth their one-year price targets for ODDITY Tech Ltd (ODD, Financial), with an average target price pegged at $62.88. This projection ranges from a high of $72.00 to a low of $52.00. The average estimate suggests a potential downside of 18.71% from the current trading price of $77.35. Investors can explore more detailed forecast data on the ODDITY Tech Ltd (ODD) Forecast page.
When examining brokerage sentiments, the consensus recommendation from nine firms rates Oddity Tech Ltd (ODD, Financial) at an average of 2.2, aligning with an "Outperform" status. This rating operates on a scale from 1 to 5, where 1 represents a Strong Buy, and 5 indicates a Sell.
