Ondas Holdings Inc. (NASDAQ:ONDS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) have earned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $17.1429.

Several research analysts recently weighed in on the stock. Oppenheimer upped their price target on shares of Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday. Needham & Company LLC increased their target price on Ondas from $12.00 to $17.00 and gave the company a “buy” rating in a report on Tuesday. Zacks Research downgraded Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Lake Street Capital lifted their price target on Ondas from $10.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a research note on Monday, December 29th.

Ondas Price Performance

Ondas stock opened at $13.13 on Wednesday. The stock has a market capitalization of $5.07 billion, a PE ratio of -32.83 and a beta of 2.40. The business has a 50 day simple moving average of $9.43 and a 200-day simple moving average of $6.86. Ondas has a 12 month low of $0.57 and a 12 month high of $15.28.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The company had revenue of $10.10 million during the quarter, compared to analysts’ expectations of $7.04 million. Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%. On average, equities research analysts anticipate that Ondas will post -0.53 EPS for the current fiscal year.

Insiders Place Their Bets

In other Ondas news, Director Randy Seidl sold 21,520 shares of the stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $204,009.60. Following the completion of the sale, the director owned 212,470 shares in the company, valued at approximately $2,014,215.60. This represents a 9.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard M. Cohen sold 25,861 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $245,162.28. Following the completion of the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,406,605 shares of company stock valued at $12,109,365. Corporate insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Ondas

A number of institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. grew its holdings 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 boosted its position in shares of Ondas by 231.4% during the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after acquiring an additional 2,892 shares during the last quarter. Penbrook Management LLC acquired a new position in shares of Ondas during the 2nd quarter valued at about $35,000. Exencial Wealth Advisors LLC purchased a new stake in shares of Ondas in the second quarter valued at about $36,000. Finally, Trivium Point Advisory LLC acquired a new stake in Ondas during the second quarter worth about $38,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Ondas Company Profile

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.