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ODDITY Tech to Repurchase $50 Million of Exchangeable Notes at Discount

Tipranks - Sat Jun 13, 6:36AM CDT

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ODDITY Tech Ltd. Class A ( (ODD) ) has provided an announcement.

On June 11, 2026, Oddity Finance LLC, a wholly owned indirect subsidiary of ODDITY Tech Ltd., entered into privately negotiated agreements to repurchase $50 million in principal amount of its 0% Exchangeable Senior Notes due 2030. The transaction is scheduled to close on June 17, 2026, for a total purchase price of $35 million, after which $550 million of these notes will remain outstanding, indicating a targeted adjustment of the company’s debt profile that may reduce future obligations while maintaining substantial outstanding financing.

The company also noted that this June 2026 report for foreign private issuers will be incorporated by reference into its existing U.S. registration statements, ensuring the new repurchase activity is reflected in its filed offering documents. This move aligns regulatory disclosures with recent balance sheet actions, providing updated information to investors and other stakeholders about ODDITY Tech’s ongoing capital management strategy.

The most recent analyst rating on (ODD) stock is a Hold
with a $9.00 price target.
To see the full list of analyst forecasts on ODDITY Tech Ltd. Class A stock,
see the ODD Stock Forecast page.

Spark’s Take on ODD Stock

According to Spark, TipRanks’ AI Analyst, ODD is a Neutral.

The score is held back primarily by weakening financial quality (negative operating/free cash flow and slowing growth) and bearish technical momentum (below key moving averages with a negative MACD). Low valuation (P/E 5.108) provides meaningful support, but the latest earnings call guidance and ongoing uncertainty around ad-platform-driven CPA normalization remain a key near-term risk.

To see Spark’s full report on ODD stock,
click here.

More about ODDITY Tech Ltd. Class A

ODDITY Tech Ltd. is an Israel-based company that operates through subsidiaries such as Oddity Finance LLC, and its securities are listed in the United States as a foreign private issuer. The company’s financing structure includes exchangeable senior notes, reflecting a capital markets presence geared toward institutional and other investors.

Average Trading Volume: 1,572,170

Technical Sentiment Signal: Sell

Current Market Cap: $621M

For a thorough assessment of ODD stock, go to TipRanks’ Stock Analysis page.

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