Ondas (NASDAQ:ONDS – Get Free Report) was upgraded by research analysts at LADENBURG THALM/SH SH to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.
Several other analysts also recently commented on ONDS. Zacks Research downgraded shares of Ondas from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. HC Wainwright set a $17.00 price objective on shares of Ondas and gave the company a “buy” rating in a research report on Tuesday, March 10th. Stifel Nicolaus raised their price objective on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Northland Securities raised their price objective on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. Finally, Lake Street Capital lifted their target price on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Ondas currently has an average rating of “Moderate Buy” and a consensus target price of $17.25.
Read Our Latest Analysis on ONDS
Ondas Stock Up 0.1%
Ondas (NASDAQ:ONDS – Get Free Report) last posted its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The company had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. Ondas had a negative return on equity of 53.14% and a negative net margin of 270.37%. On average, equities research analysts predict that Ondas will post -0.28 earnings per share for the current year.
Institutional Trading of Ondas
A number of large investors have recently made changes to their positions in the business. Beaird Harris Wealth Management LLC increased its position in shares of Ondas by 3.8% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock valued at $266,000 after purchasing an additional 1,000 shares during the last quarter. Avion Wealth increased its position in shares of Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after purchasing an additional 2,000 shares during the last quarter. NFSG Corp increased its position in shares of Ondas by 200.0% during the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after purchasing an additional 2,000 shares during the last quarter. IFP Advisors Inc increased 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 purchasing an additional 2,892 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of Ondas by 30.0% during the 4th quarter. Global Retirement Partners LLC now owns 13,000 shares of the company’s stock valued at $127,000 after purchasing an additional 3,000 shares during the last quarter. 37.73% of the stock is currently owned by institutional investors.
About Ondas
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.
Further Reading
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