Northland Securities Expects Lower Earnings for Ondas

Ondas Holdings Inc. (NASDAQ:ONDS) – Analysts at Northland Securities reduced their FY2025 earnings estimates for Ondas in a research note issued to investors on Tuesday, January 20th. Northland Securities analyst M. Latimore now expects that the company will earn ($0.34) per share for the year, down from their prior estimate of ($0.33). The consensus estimate for Ondas’ current full-year earnings is ($0.53) per share. Northland Securities also issued estimates for Ondas’ Q4 2025 earnings at ($0.05) EPS, Q4 2026 earnings at $0.00 EPS, FY2026 earnings at ($0.12) EPS, Q1 2027 earnings at ($0.01) EPS, Q2 2027 earnings at ($0.01) EPS, Q3 2027 earnings at ($0.01) EPS, Q4 2027 earnings at ($0.01) EPS and FY2027 earnings at ($0.04) EPS.

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

Several other equities research analysts also recently weighed in on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ondas in a report on Monday, December 29th. Needham & Company LLC upped their price objective on shares of Ondas from $12.00 to $17.00 and gave the stock a “buy” rating in a research report on Tuesday. Oppenheimer lifted their target price on shares of Ondas from $12.00 to $16.00 and gave the company an “outperform” rating in a report on Tuesday. HC Wainwright boosted their price target on shares of Ondas from $12.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Stifel Nicolaus raised their price objective on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $17.29.

Ondas Trading Down 3.6%

Shares of ONDS stock opened at $12.17 on Thursday. The company has a market capitalization of $4.69 billion, a P/E ratio of -30.43 and a beta of 2.40. The business’s 50 day moving average is $9.80 and its two-hundred day moving average is $7.01. Ondas has a twelve month low of $0.57 and a twelve month high of $15.28.

Hedge Funds Weigh In On Ondas

Several hedge funds and other institutional investors have recently bought and sold shares of ONDS. SBI Securities Co. Ltd. increased its position in shares of Ondas by 154.9% in the second quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock valued at $31,000 after buying an additional 9,904 shares in the last quarter. IFP Advisors Inc grew its stake 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 acquiring an additional 2,892 shares during the last quarter. Penbrook Management LLC purchased a new position in Ondas during the 2nd quarter valued at about $35,000. Exencial Wealth Advisors LLC purchased a new position in Ondas during the 2nd quarter valued at about $36,000. Finally, Trivium Point Advisory LLC acquired a new position in Ondas during the second quarter worth about $38,000. 37.73% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Eric A. Brock sold 475,000 shares of Ondas stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the completion of the sale, the chief executive officer directly owned 1,461,255 shares in the company, valued at approximately $14,188,786.05. This trade represents a 24.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jaspreet K. Sood sold 29,698 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $281,537.04. Following the completion of the sale, the director owned 175,631 shares in the company, valued at approximately $1,664,981.88. This represents a 14.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,406,605 shares of company stock worth $12,109,365. Insiders own 1.60% of the company’s stock.

More Ondas News

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Lake Street raised its price target sharply to $19 from $10, a move that boosts upside expectations and likely supported recent buying interest. Ondas price target raised to $19 from $10 at Lake Street
• Positive Sentiment: Analyst upgrades from firms including Needham and coverage noting a fresh Buy stance helped lift the stock into early trading, driving momentum ahead of today’s session. Ondas (NASDAQ:ONDS) Stock Price Expected to Rise, Needham & Company LLC Analyst Says
• Positive Sentiment: HC Wainwright reiterated bullish longer-term forecasts (Buy rating, $25 target) and published multi-year EPS ramps toward profitability in later years — supportive for longer-horizon investors. Q1 Earnings Forecast for Ondas Issued By HC Wainwright
• Neutral Sentiment: Retail chatter around ONDS surged (~131% week-over-week), indicating elevated speculative/retail-driven volume that can amplify both rallies and pullbacks. Traders should expect higher volatility. Ondas retail chatter up 131% in a week — what’s driving trader interest?
• Neutral Sentiment: Multiple analyst firms (Northland, HC Wainwright) published updated quarterly and multi-year models — some near-term EPS estimates were nudged lower while FY2026–FY2029 projections show improvement, producing mixed signals for short- vs. long-term outlooks. MarketBeat Analyst Notes
• Negative Sentiment: Northland trimmed FY2025/Q4‑2025 EPS and other near-term estimates, and Ondas’ recent quarterly EPS miss remains a near-term headwind — these factors weigh on profitability expectations and can trigger short-term selling. MarketBeat Analyst Notes (revisions)

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.