Ondas (NASDAQ:ONDS) Trading Up 4% – Time to Buy?

Ondas Holdings Inc. (NASDAQ:ONDS) shares were up 4% during mid-day trading on Monday . The company traded as high as $9.65 and last traded at $9.42. Approximately 44,149,824 shares traded hands during trading, a decline of 47% from the average daily volume of 82,952,516 shares. The stock had previously closed at $9.06.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ONDS. Weiss Ratings raised shares of Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, April 21st. Lake Street Capital boosted their price objective on shares of Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Wall Street Zen lowered shares of Ondas from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Glj Research set a $17.00 price objective on shares of Ondas in a research report on Tuesday, March 10th. Finally, LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Ondas currently has an average rating of “Moderate Buy” and a consensus price target of $17.25.

Ondas Stock Up 4.0%

The company has a debt-to-equity ratio of 0.01, a current ratio of 4.84 and a quick ratio of 4.68. The firm’s 50-day moving average is $9.99 and its 200 day moving average is $9.48. The stock has a market cap of $4.59 billion, a price-to-earnings ratio of -14.06 and a beta of 2.56.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative return on equity of 53.14% and a negative net margin of 270.37%.The company had revenue of $30.11 million for the quarter, compared to analyst estimates of $27.49 million. Sell-side analysts anticipate that Ondas Holdings Inc. will post -0.28 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ondas

Several institutional investors have recently bought and sold shares of ONDS. NFSG Corp grew its stake in Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after buying an additional 2,000 shares during the period. IFP Advisors Inc grew its stake in Ondas by 231.4% during the third 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. AdvisorNet Financial Inc purchased a new stake in Ondas during the first quarter worth approximately $35,000. Avion Wealth grew its stake in Ondas by 100.0% during the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock worth $39,000 after buying an additional 2,000 shares during the period. Finally, Federation des caisses Desjardins du Quebec grew its stake in Ondas by 228.6% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after buying an additional 3,063 shares during the period. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

About Ondas

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.