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

Ondas Holdings Inc. (NASDAQ:ONDS) has earned an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $17.2857.

A number of research firms have weighed in on ONDS. Needham & Company LLC lifted their price objective on Ondas from $12.00 to $17.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Zacks Research lowered Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Northland Securities set a $16.00 price objective on Ondas in a research report on Tuesday, January 20th. Finally, 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, January 20th.

Ondas Trading Up 14.3%

Shares of NASDAQ ONDS opened at $9.69 on Friday. The company has a 50 day simple moving average of $10.42 and a two-hundred day simple moving average of $7.64. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of -24.23 and a beta of 2.46. Ondas has a 12 month low of $0.57 and a 12 month high of $15.28.

Ondas (NASDAQ:ONDS) last issued its 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 business had revenue of $10.10 million for the quarter, compared to analysts’ expectations of $7.04 million. Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%. Analysts forecast that Ondas will post -0.53 EPS for the current year.

Insider Buying and Selling

In related news, CEO Eric A. Brock sold 475,000 shares of Ondas stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total value of $4,612,250.00. Following the completion of the transaction, the chief executive officer owned 1,461,255 shares in the company, valued at $14,188,786.05. The trade was a 24.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ron Stern sold 850,000 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $7.91, for a total value of $6,723,500.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,406,605 shares of company stock valued at $12,109,365 in the last ninety days. Company insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Quadrature Capital Ltd purchased a new stake in shares of Ondas during the second quarter worth $705,000. Arkadios Wealth Advisors acquired a new position in Ondas during the second quarter worth about $144,000. Sequoia Financial Advisors LLC purchased a new stake in Ondas during the 3rd quarter valued at about $772,000. XTX Topco Ltd raised its holdings in Ondas by 2,796.2% in the 2nd quarter. XTX Topco Ltd now owns 853,568 shares of the company’s stock valued at $1,639,000 after acquiring an additional 824,096 shares during the last quarter. Finally, Thames Capital Management LLC purchased a new position in Ondas in the 3rd quarter worth approximately $15,156,000. 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.