Ondas (NASDAQ:ONDS) Stock Price Up 1.8% – What’s Next?

Ondas Holdings Inc. (NASDAQ:ONDS)’s share price rose 1.8% during trading on Monday . The company traded as high as $13.91 and last traded at $13.46. Approximately 83,995,919 shares changed hands during trading, a decline of 2% from the average daily volume of 85,465,148 shares. The stock had previously closed at $13.22.

Wall Street Analyst Weigh In

ONDS has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Weiss Ratings upgraded shares of Ondas from a “sell (d-)” rating to a “sell (d+)” rating in a report on Tuesday, May 26th. Needham & Company LLC reiterated a “buy” rating and issued a $23.00 price target on shares of Ondas in a report on Tuesday, May 19th. Northland Securities increased their price target on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. Finally, Wall Street Zen downgraded shares of Ondas from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Ondas has an average rating of “Moderate Buy” and an average target price of $17.25.

Ondas Trading Up 1.8%

The stock has a market capitalization of $6.80 billion, a price-to-earnings ratio of 336.50 and a beta of 2.60. The stock’s 50 day moving average is $9.90 and its 200 day moving average is $9.87.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). The business had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. On average, sell-side analysts anticipate that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Insider Transactions at Ondas

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction of $71,250.00. Following the sale, the director directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Randy Seidl sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total transaction of $98,300.00. Following the sale, the director directly owned 295,504 shares in the company, valued at $2,904,804.32. This represents a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ondas

Hedge funds have recently modified their holdings of the company. NFSG Corp boosted its stake in shares of Ondas by 200.0% during the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after purchasing an additional 2,000 shares during the last quarter. Western Wealth Management LLC acquired a new stake in shares of Ondas during the 1st quarter worth about $28,000. EverSource Wealth Advisors LLC boosted its stake in shares of Ondas by 5,373.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock worth $28,000 after purchasing an additional 3,063 shares during the last quarter. IFP Advisors Inc grew its holdings in Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after buying an additional 2,892 shares during the period. Finally, AdvisorNet Financial Inc purchased a new stake in Ondas in the 1st quarter valued at about $35,000. 37.73% of the stock is owned by institutional investors and hedge funds.

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.