Northland Capmk Comments on Ondas’ Q1 Earnings (NASDAQ:ONDS)

Ondas Holdings Inc. (NASDAQ:ONDS) – Equities researchers at Northland Capmk cut their Q1 2026 earnings per share (EPS) estimates for shares of Ondas in a research note issued to investors on Monday, December 1st. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings of ($0.05) per share for the quarter, down from their previous forecast of ($0.04). The consensus estimate for Ondas’ current full-year earnings is ($0.53) per share.

Several other analysts have also commented on the stock. Lake Street Capital lifted their price target on shares of Ondas from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Ondas in a research report on Monday. Oppenheimer raised Ondas from a “market perform” rating to an “outperform” rating and set a $12.00 price target on the stock in a research note on Friday, November 14th. Zacks Research downgraded Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, HC Wainwright assumed coverage on shares of Ondas in a report on Monday, October 6th. They issued a “buy” rating and a $12.00 price objective on the stock. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Ondas has an average rating of “Moderate Buy” and an average target price of $9.67.

Ondas Price Performance

NASDAQ:ONDS opened at $9.07 on Thursday. The company’s 50-day moving average is $7.81 and its two-hundred day moving average is $4.80. Ondas has a 1-year low of $0.57 and a 1-year high of $11.70. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of -22.68 and a beta of 2.42.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.01). Ondas had a negative net margin of 192.60% and a negative return on equity of 35.16%. The firm had revenue of $10.10 million for the quarter, compared to analyst estimates of $7.04 million.

Insider Activity

In related news, Director Ron Stern sold 850,000 shares of the stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $7.91, for a total transaction of $6,723,500.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ONDS. IFP Advisors Inc increased its stake in Ondas by 231.4% during the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after buying an additional 2,892 shares during the period. RiverGlades Family Offices LLC grew its stake in shares of Ondas by 54.0% in the third quarter. RiverGlades Family Offices LLC now owns 15,400 shares of the company’s stock worth $119,000 after acquiring an additional 5,400 shares in the last quarter. Wexford Capital LP acquired a new position in shares of Ondas in the third quarter worth $67,000. SBI Securities Co. Ltd. increased its position in shares of Ondas by 154.9% during the second quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock worth $31,000 after acquiring an additional 9,904 shares during the period. Finally, Beaird Harris Wealth Management LLC raised its stake in shares of Ondas by 61.5% in the third quarter. Beaird Harris Wealth Management LLC now owns 26,250 shares of the company’s stock valued at $203,000 after acquiring an additional 10,000 shares in the last quarter. Hedge funds and other institutional investors own 37.73% of the company’s stock.

About Ondas

Ondas Holdings Inc, through its subsidiaries, provides private wireless, drone, and automated data solutions. It operates in two segments, Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks.