Ondas Holdings Inc. (NASDAQ:ONDS) Receives $17.25 Consensus Target Price from Analysts

Ondas Holdings Inc. (NASDAQ:ONDS) has earned a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $17.25.

ONDS has been the subject of a number of research reports. Zacks Research cut shares of Ondas from a “hold” rating to a “strong sell” rating in a report on Friday, March 27th. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Weiss Ratings upgraded shares of Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, April 21st. Needham & Company LLC restated a “buy” rating and issued a $23.00 price objective on shares of Ondas in a report on Tuesday, May 19th. Finally, HC Wainwright set a $17.00 price objective on shares of Ondas and gave the company a “buy” rating in a report on Tuesday, March 10th.

Insider Buying and Selling

In related news, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total value of $98,300.00. Following the completion of the transaction, the director owned 295,504 shares in the company, valued at approximately $2,904,804.32. The trade was a 3.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Richard M. Cohen sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director owned 264,853 shares of the company’s stock, valued at $2,516,103.50. This trade represents a 2.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ondas

Hedge funds and other institutional investors have recently modified their holdings of the company. NFSG Corp raised its holdings in shares of Ondas by 200.0% in 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 in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Ondas in the 1st quarter valued at $28,000. EverSource Wealth Advisors LLC raised its holdings in shares of Ondas by 5,373.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after purchasing an additional 3,063 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of Ondas in the 1st quarter valued at $35,000. Finally, Avion Wealth raised its holdings in shares of Ondas by 100.0% in 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 in the last quarter. 37.73% of the stock is currently owned by institutional investors and hedge funds.

Ondas Stock Performance

Ondas stock opened at $9.06 on Tuesday. The company’s 50 day simple moving average is $9.82 and its 200-day simple moving average is $9.70. The company has a market capitalization of $4.49 billion, a price-to-earnings ratio of 226.50 and a beta of 2.56. Ondas has a 1 year low of $0.86 and a 1 year high of $15.28.

Ondas (NASDAQ:ONDS) last released its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). The company had revenue of $30.11 million during the quarter, compared to analysts’ expectations of $27.49 million. Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. Equities analysts expect that Ondas will post -0.28 earnings per share for the current year.

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.