Ondas (NASDAQ:ONDS) Trading 8.6% Higher – Should You Buy?

Shares of Ondas Holdings Inc. (NASDAQ:ONDSGet Free Report) were up 8.6% during mid-day trading on Wednesday . The stock traded as high as $10.53 and last traded at $9.76. Approximately 155,738,107 shares traded hands during mid-day trading, an increase of 327% from the average daily volume of 36,502,801 shares. The stock had previously closed at $8.99.

Ondas News Summary

Here are the key news stories impacting Ondas this week:

Analysts Set New Price Targets

ONDS has been the topic of several recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a report on Monday. Oppenheimer raised Ondas from a “market perform” rating to an “outperform” rating and set a $12.00 price objective on the stock in a report on Friday, November 14th. Loop Capital set a $10.00 price objective on Ondas in a research note on Wednesday, November 26th. Zacks Research lowered Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $11.50.

Check Out Our Latest Stock Report on ONDS

Ondas Price Performance

The firm has a market capitalization of $3.65 billion, a P/E ratio of -24.40 and a beta of 2.42. The business has a 50 day moving average price of $7.62 and a 200 day moving average price of $5.73.

Ondas (NASDAQ:ONDSGet Free Report) last released its earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Ondas had a negative net margin of 192.60% and a negative return on equity of 35.16%. The business had revenue of $10.10 million during the quarter, compared to analyst estimates of $7.04 million. As a group, equities analysts expect that Ondas Holdings Inc. will post -0.53 EPS for the current year.

Insiders Place Their Bets

In other Ondas news, Director Richard M. Cohen sold 25,861 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $245,162.28. Following the sale, the director directly owned 197,746 shares in the company, valued at $1,874,632.08. This trade represents a 11.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Randy Seidl sold 21,520 shares of the company’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $204,009.60. Following the transaction, the director directly owned 212,470 shares of the company’s stock, valued at $2,014,215.60. This represents a 9.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 931,605 shares of company stock valued at $7,497,115 in the last 90 days. 1.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Ondas

Several institutional investors have recently made changes to their positions in the business. SBI Securities Co. Ltd. boosted its stake in Ondas by 154.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock valued at $31,000 after buying an additional 9,904 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after purchasing an additional 2,892 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in shares of Ondas in the first quarter valued at $34,000. Penbrook Management LLC bought a new position in shares of Ondas in the second quarter valued at about $35,000. Finally, Exencial Wealth Advisors LLC bought a new position in shares of Ondas in the second quarter valued at about $36,000. 37.73% of the stock is currently owned by institutional investors and hedge funds.

Ondas Company Profile

(Get Free Report)

Ondas Holdings, Inc (NASDAQ: ONDS) develops secure private wireless networking solutions and unmanned aircraft systems tailored to mission-critical industrial applications. Its Ondas Networks division offers the proprietary FullMAX platform, a long-range, high-bandwidth broadband network designed to support real-time data transmission, remote monitoring and IoT deployments across rail, maritime and infrastructure environments. The broadband platform integrates edge-to-cloud architecture to ensure operational resilience and regulatory compliance for transportation and utility operators.

The company’s Ondas Autonomous Systems segment builds heavy-lift cargo drones and uncrewed aircraft platforms for logistics, pipeline and infrastructure inspection, emergency response and other government and commercial use cases.

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