Ondas (NASDAQ:ONDS) Given New $22.75 Price Target at LADENBURG THALM/SH SH

Ondas (NASDAQ:ONDS) had its target price upped by equities research analysts at LADENBURG THALM/SH SH from $21.50 to $22.75 in a report released on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. LADENBURG THALM/SH SH’s price target points to a potential upside of 150.88% from the company’s previous close.

ONDS has been the subject of several other reports. Oppenheimer increased their price target on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Friday. Roth Capital initiated coverage on shares of Ondas in a research note on Tuesday, August 11th. They set a “buy” rating and a $13.00 price objective on the stock. Wall Street Zen lowered shares of Ondas from a “sell” rating to a “strong sell” rating in a report on Saturday. Weiss Ratings lowered shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Finally, Needham & Company LLC restated a “buy” rating and set a $19.00 target price on shares of Ondas in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ondas has a consensus rating of “Moderate Buy” and a consensus target price of $17.18.

Ondas Trading Down 1.9%

Shares of Ondas stock traded down $0.17 during trading hours on Monday, reaching $9.07. The stock had a trading volume of 41,659,239 shares, compared to its average volume of 85,285,797. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of -129.54 and a beta of 2.72. Ondas has a 1 year low of $3.20 and a 1 year high of $15.28. The firm has a 50 day simple moving average of $8.27 and a two-hundred day simple moving average of $9.51.

Ondas (NASDAQ:ONDS) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.10). The business had revenue of $83.77 million during the quarter, compared to analysts’ expectations of $67.97 million. Ondas had a net margin of 93.55% and a negative return on equity of 14.20%. Sell-side analysts forecast that Ondas will post -0.33 EPS for the current year.

Insider Buying and Selling

In related news, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total value of $71,250.00. Following the sale, the director owned 264,853 shares of the company’s stock, valued at $2,516,103.50. This trade represents a 2.75% 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, CEO Eric A. Brock sold 2,378,245 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total transaction of $31,939,830.35. Following the transaction, the chief executive officer directly owned 3,583,010 shares of the company’s stock, valued at $48,119,824.30. The trade was a 39.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 2,395,745 shares of company stock valued at $32,109,380. Insiders own 1.67% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Beaird Harris Wealth Management LLC grew its position in Ondas by 3.8% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock worth $266,000 after acquiring an additional 1,000 shares in the last quarter. State of Wyoming lifted its position in shares of Ondas by 31.5% during the 1st quarter. State of Wyoming now owns 6,809 shares of the company’s stock worth $62,000 after purchasing an additional 1,631 shares during the last quarter. NFSG Corp lifted its holdings in shares of 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 last quarter. Steadtrust LLC boosted its holdings in Ondas by 10.3% in the 2nd quarter. Steadtrust LLC now owns 21,473 shares of the company’s stock valued at $177,000 after purchasing an additional 2,000 shares during the period. Finally, IFP Advisors Inc grew its position 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 in the last quarter. Institutional investors and hedge funds own 37.73% of the company’s stock.

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.