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

Ondas Holdings Inc. (NASDAQ:ONDS) has earned an average recommendation of “Moderate Buy” from the ten research firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $17.1750.

ONDS has been the subject of several research reports. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Roth Capital restated a “buy” rating on shares of Ondas in a research report on Tuesday, August 18th. Wall Street Zen lowered shares of Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 15th. Oppenheimer lifted their price target on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, Needham & Company LLC reissued a “buy” rating and set a $19.00 price target on shares of Ondas in a research note on Friday, August 14th.

Insider Buying and Selling at Ondas

In related news, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $8.96, for a total transaction of $67,200.00. Following the completion of the transaction, the director directly owned 261,836 shares in the company, valued at $2,346,050.56. The trade was a 2.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Eric A. Brock sold 2,378,245 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total value 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 position. 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. 1.67% of the stock is currently owned by corporate insiders.

Institutional Trading of Ondas

Several institutional investors and hedge funds have recently made changes to their positions in ONDS. Beaird Harris Wealth Management LLC raised its holdings in Ondas by 3.8% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock valued at $266,000 after acquiring an additional 1,000 shares during the last quarter. State of Wyoming boosted its holdings in shares of Ondas by 31.5% during the first 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 boosted 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 purchasing an additional 2,000 shares during the last quarter. Steadtrust LLC grew its position in shares of Ondas by 10.3% in the second 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 shares of Ondas by 231.4% in the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after purchasing an additional 2,892 shares during the period. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Ondas Stock Performance

NASDAQ:ONDS opened at $8.22 on Thursday. Ondas has a 1 year low of $4.90 and a 1 year high of $15.28. The stock has a market cap of $4.69 billion, a P/E ratio of -117.43 and a beta of 2.72. The stock has a 50-day simple moving average of $8.12 and a 200-day simple moving average of $9.39.

Ondas (NASDAQ:ONDS) last announced 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 company 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%. On average, equities research analysts predict that Ondas will post -0.47 EPS for the current year.

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.