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

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) have received a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $17.25.

A number of brokerages have issued reports on ONDS. Stifel Nicolaus upped their price objective on Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. HC Wainwright set a $17.00 price target on shares of Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. Glj Research set a $17.00 price target on shares of Ondas in a research report on Tuesday, March 10th. Zacks Research downgraded shares of Ondas from a “hold” rating to a “strong sell” rating in a report on Friday, March 27th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ondas in a research report on Friday, March 27th.

Institutional Investors Weigh In On Ondas

A number of hedge funds have recently modified their holdings of ONDS. IFP Advisors Inc grew its holdings in Ondas by 231.4% during the third 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 period. Avion Wealth lifted 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 buying an additional 2,000 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its position in shares of Ondas by 228.6% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock valued at $43,000 after buying an additional 3,063 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Ondas by 1,005.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock worth $43,000 after acquiring an additional 4,000 shares during the period. Finally, American Capital Advisory LLC grew its stake in shares of Ondas by 4,600.0% during the 4th quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock worth $46,000 after acquiring an additional 4,600 shares during the period. Institutional investors own 37.73% of the company’s stock.

Ondas Price Performance

Ondas stock opened at $9.60 on Monday. Ondas has a 52 week low of $0.66 and a 52 week high of $15.28. The company’s 50 day moving average price is $10.17 and its two-hundred day moving average price is $9.26. The stock has a market cap of $4.48 billion, a P/E ratio of -14.33 and a beta of 2.59.

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). The business had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. Ondas had a negative net margin of 270.37% and a negative return on equity of 69.00%. On average, equities analysts anticipate that Ondas will post -0.53 EPS 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.