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

Ondas Holdings Inc. (NASDAQ:ONDS) has been assigned an average rating of “Moderate Buy” from the nine ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $17.25.

Several equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of Ondas from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $23.00 target price on shares of Ondas in a report on Tuesday, May 19th. Northland Securities boosted their price target on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. Glj Research set a $17.00 price target on shares of Ondas in a report on Tuesday, March 10th. Finally, 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.

Ondas Price Performance

NASDAQ:ONDS opened at $9.33 on Friday. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of 233.25 and a beta of 2.60. The company has a 50 day moving average price of $10.15 and a 200-day moving average price of $10.15. Ondas has a 1-year low of $1.36 and a 1-year high of $15.28.

Ondas (NASDAQ:ONDS) last posted its earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The firm had revenue of $30.11 million for 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%. On average, sell-side analysts anticipate that Ondas will post -0.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Richard M. Cohen sold 7,500 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total value of $71,250.00. Following the completion of the sale, the director owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. The trade was a 2.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total transaction of $98,300.00. Following the completion of the sale, the director directly owned 295,504 shares of the company’s stock, valued at approximately $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. In the last quarter, insiders sold 2,395,745 shares of company stock valued at $32,109,380. 1.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ondas

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in Ondas by 3,558,617.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock worth $15,935,000 after acquiring an additional 2,063,998 shares in the last quarter. DNB Asset Management AS grew its holdings in shares of Ondas by 88.4% during the third quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock worth $2,547,000 after buying an additional 154,792 shares in the last quarter. Ghisallo Capital Management LLC acquired a new stake in shares of Ondas in the third quarter valued at about $7,720,000. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of Ondas in the fourth quarter valued at about $6,734,000. Finally, Vanguard Group Inc. raised its position in shares of Ondas by 109.9% in the third quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after buying an additional 7,024,549 shares during the last quarter. Hedge funds and other institutional investors own 37.73% of the company’s stock.

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.