Ondas Holdings Inc. (NASDAQ:ONDS) Given Consensus Rating of “Moderate Buy” by Brokerages

Ondas Holdings Inc. (NASDAQ:ONDS) has received a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $17.25.

A number of equities research analysts recently commented on ONDS shares. Northland Securities upped their target price on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. HC Wainwright set a $17.00 target price on Ondas and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th.

Insider Transactions at Ondas

In other news, Director Randy Seidl sold 10,000 shares of the stock in a transaction dated Tuesday, May 19th. The shares were 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 of the company’s stock, valued at $2,904,804.32. This represents a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction dated Wednesday, May 20th. The stock was 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 in the company, valued at approximately $2,516,103.50. The trade was a 2.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,395,745 shares of company stock valued at $32,109,380 in the last ninety days. 1.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ondas

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Beaird Harris Wealth Management LLC lifted its holdings in Ondas by 3.8% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock valued at $266,000 after purchasing an additional 1,000 shares in the last quarter. State of Wyoming lifted its holdings in Ondas by 31.5% during the first quarter. State of Wyoming now owns 6,809 shares of the company’s stock valued at $62,000 after purchasing an additional 1,631 shares in the last quarter. Avion Wealth boosted its stake in Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after purchasing an additional 2,000 shares during the last quarter. NFSG Corp boosted its stake in 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. Finally, IFP Advisors Inc boosted 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 purchasing an additional 2,892 shares during the last quarter. 37.73% of the stock is owned by hedge funds and other institutional investors.

Ondas Price Performance

Shares of NASDAQ:ONDS opened at $9.12 on Friday. The firm has a market capitalization of $4.72 billion, a P/E ratio of 228.00 and a beta of 2.60. Ondas has a 1 year low of $1.36 and a 1 year high of $15.28. The business’s 50-day moving average is $10.13 and its 200 day moving average is $10.18.

Ondas (NASDAQ:ONDS) last released 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 company had revenue of $30.11 million for the quarter, compared to analysts’ expectations of $27.49 million. Ondas had a negative return on equity of 14.17% and a net margin of 247.85%. On average, analysts expect that Ondas will post -0.28 EPS for the current year.

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.