Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report) has received an average rating of “Moderate Buy” from the thirteen analysts that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $16.89.
Several brokerages recently weighed in on ONDS. Citizens Jmp assumed coverage on shares of Ondas in a report on Monday, October 5th. They issued an “outperform” rating and a $14.00 target price on the stock. The Goldman Sachs Group upgraded shares of Ondas to a “buy” rating in a research note on Monday, November 2nd. Ladenburg Thalmann & Co. Inc. boosted their price target on shares of Ondas from $21.50 to $22.75 and gave the stock a “buy” rating in a report on Monday, August 17th. Citigroup reissued a “market outperform” rating on shares of Ondas in a research report on Monday, October 19th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Ondas in a report on Monday, November 2nd.
Read Our Latest Research Report on Ondas
Insider Transactions at Ondas
In other Ondas news, CFO Neil J. Laird sold 4,952 shares of the firm’s stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $7.74, for a total transaction of $38,328.48. Following the transaction, the chief financial officer owned 42,246 shares of the company’s stock, valued at approximately $326,984.04. This trade represents a 10.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard M. Cohen sold 7,500 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $8.96, for a total value of $67,200.00. Following the completion of the sale, the director directly owned 261,836 shares of the company’s stock, valued at $2,346,050.56. The trade was a 2.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.67% of the stock is owned by insiders.
Hedge Funds Weigh In On Ondas
Institutional investors have recently modified their holdings of the business. Advisors Asset Management Inc. acquired a new position in Ondas in the 3rd quarter valued at $29,000. one8zero8 LLC boosted its holdings in Ondas by 31.2% during the third quarter. one8zero8 LLC now owns 676,950 shares of the company’s stock worth $4,962,000 after buying an additional 160,850 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Ondas by 7.1% during the third quarter. Private Advisor Group LLC now owns 90,212 shares of the company’s stock worth $661,000 after buying an additional 5,957 shares in the last quarter. Voya Investment Management LLC grew its position in Ondas by 183.7% during the third quarter. Voya Investment Management LLC now owns 6,612,440 shares of the company’s stock worth $48,469,000 after buying an additional 4,281,842 shares during the period. Finally, Cibc World Market Inc. grew its position in Ondas by 27.4% during the third quarter. Cibc World Market Inc. now owns 213,870 shares of the company’s stock worth $1,568,000 after buying an additional 46,026 shares during the period. 37.73% of the stock is owned by institutional investors and hedge funds.
Latest Ondas News
Here’s some of the latest news about ONDS:
- Positive Sentiment: Revenue reached $167.5 million, up about 1,558% year over year and above analysts’ $148.0 million estimate. The company also cited an $835 million backlog. Article: Ondas Q3 2026: Revenue Surges 1,559% With $835M Backlog
- Positive Sentiment: Ondas forecast 2026 revenue of $550 million, above the $536.5 million consensus, and indicated it expects to reach break-even sooner than previously anticipated. This points to strong growth potential, though execution and profitability remain key. Article: Drone Maker Ondas Updates Its Profitability Forecast as Revenue Surges
- Negative Sentiment: Profitability remains a concern: Ondas reported a quarterly loss of $0.11 per share, wider than the $0.06 loss a year earlier and missing the cited $0.09 consensus. Reports also noted shrinking margins, helping explain why strong sales and guidance have not translated into stronger share performance. Article: Ondas Holdings Inc. Reports Q3 Loss, Beats Revenue Estimates
Ondas Price Performance
ONDS opened at $5.32 on Tuesday. The business has a fifty day moving average price of $6.72 and a 200 day moving average price of $8.75. Ondas has a 12 month low of $4.38 and a 12 month high of $15.28.
Ondas (NASDAQ:ONDS – Get Free Report) last posted its quarterly earnings results on Thursday, November 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.03. The company had revenue of $167.49 million for the quarter, compared to analyst estimates of $148.04 million. Ondas had a negative return on equity of 14.20% and a net margin of 93.55%. Research analysts anticipate that Ondas will post -0.47 EPS for the current year.
Ondas Company Profile
Ondas Holdings is a technology company that develops private wireless networks and autonomous systems for industrial, government and security applications. Its businesses include Ondas Networks and Ondas Autonomous Systems. Ondas Networks provides private broadband wireless solutions for mission-critical communications. Its FullMAX platform is designed to support applications such as rail communications and industrial data networks. Ondas Autonomous Systems develops autonomous drone and counter-drone technologies, including systems for infrastructure inspection, security and public safety.
Featured Stories
- Five stocks we like better than Ondas
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for Ondas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ondas and related companies with MarketBeat.com's FREE daily email newsletter.
