Ondas (NASDAQ:ONDS) Trading Up 12.4% – Should You Buy?

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price was up 12.4% during mid-day trading on Tuesday . The stock traded as high as $10.26 and last traded at $10.18. Approximately 41,267,580 shares were traded during trading, a decline of 50% from the average daily volume of 82,705,742 shares. The stock had previously closed at $9.06.

Analyst Ratings Changes

ONDS has been the subject of several research reports. Weiss Ratings raised Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, April 21st. Needham & Company LLC reissued a “buy” rating and issued a $23.00 target price on shares of Ondas in a report on Tuesday, May 19th. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a report on Sunday. HC Wainwright set a $17.00 target price on Ondas and gave the company a “buy” rating in a report on Tuesday, March 10th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, Ondas has a consensus rating of “Moderate Buy” and a consensus price target of $17.25.

Ondas Trading Up 7.8%

The company has a 50 day simple moving average of $9.82 and a 200 day simple moving average of $9.70. The stock has a market capitalization of $4.84 billion, a PE ratio of 244.25 and a beta of 2.56.

Ondas (NASDAQ:ONDS) last released its earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative return on equity of 14.17% and a net margin of 247.85%.The business had revenue of $30.11 million for the quarter, compared to analyst estimates of $27.49 million. On average, equities research analysts predict that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Insider Activity at Ondas

In other Ondas news, 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 in the company, valued at approximately $2,516,103.50. The trade was a 2.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the transaction, the director owned 295,504 shares in the company, valued at $2,904,804.32. The trade was a 3.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ondas

A number of institutional investors and hedge funds have recently modified their holdings of ONDS. NFSG Corp grew 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 worth $27,000 after acquiring an additional 2,000 shares during the period. Western Wealth Management LLC acquired a new stake in shares of Ondas in the 1st quarter worth approximately $28,000. EverSource Wealth Advisors LLC grew 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 worth $28,000 after acquiring an additional 3,063 shares during the period. IFP Advisors Inc grew its holdings in shares of Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after acquiring an additional 2,892 shares during the period. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Ondas in the 1st quarter worth approximately $35,000. Institutional investors and hedge funds own 37.73% of the company’s stock.

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.