Ondas (NASDAQ:ONDS) Shares Gap Up – What’s Next?

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $8.91, but opened at $9.43. Ondas shares last traded at $9.1910, with a volume of 24,208,526 shares changing hands.

Key Headlines Impacting Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Raised outlook and sizable backlog: Ondas increased its 2026 revenue outlook to $550 million and reported a backlog of approximately $757 million, signaling strong demand for its autonomous drone and counter-drone technologies. ONDAS Q2 2026 earnings, backlog and guidance
• Positive Sentiment: Israeli defense win: The company secured a multi-million-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense opportunity and potentially supporting future orders. Ondas wins Israeli defense tender
• Positive Sentiment: Analyst support and bullish trading: Needham reaffirmed its Buy rating and assigned a $19 price target. Call-option volume was also about 52% above average, indicating continued speculative bullish interest, although options activity does not guarantee fundamental buying. Needham rating and price target
• Neutral Sentiment: Heavy short interest: Short interest reportedly reached about 40%. This can create the possibility of a short squeeze if positive news continues, but it also highlights significant skepticism and the potential for sharp price swings. Ondas short interest
• Negative Sentiment: Earnings profitability concerns: Ondas reported a quarterly loss, with one report showing an adjusted EPS loss of $0.03 that beat estimates, while another reported a GAAP loss of $0.19 that missed consensus. Revenue of $83.77 million exceeded expectations, but the company posted a $50.6 million adjusted EBITDA loss. Investors appear focused on the continuing cash-burn and execution risk despite the higher revenue forecast. Ondas Q2 loss and revenue results

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $19.00 price objective on shares of Ondas in a research report on Friday. Weiss Ratings lowered Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Oppenheimer restated an “outperform” rating on shares of Ondas in a research note on Friday. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $16.33.

Ondas Trading Up 5.3%

The stock has a market capitalization of $5.34 billion, a price-to-earnings ratio of 232.40 and a beta of 2.72. The company’s 50 day moving average is $8.29 and its 200 day moving average is $9.52.

Insider Transactions at Ondas

In related news, Director Richard M. Cohen sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director owned 264,853 shares in the company, valued at $2,516,103.50. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Randy Seidl sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the transaction, the director owned 295,504 shares in the company, valued at $2,904,804.32. This represents a 3.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,395,745 shares of company stock worth $32,109,380. Corporate insiders own 1.67% of the company’s stock.

Institutional Investors Weigh In On Ondas

Several large investors have recently modified their holdings of ONDS. NFSG Corp increased its stake in Ondas by 200.0% in the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after purchasing an additional 2,000 shares during the period. Western Wealth Management LLC purchased a new stake in Ondas during the 1st quarter valued at approximately $28,000. EverSource Wealth Advisors LLC raised its stake in Ondas by 5,373.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after acquiring an additional 3,063 shares during the last quarter. IFP Advisors Inc lifted its position 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 acquiring an additional 2,892 shares during the period. Finally, AdvisorNet Financial Inc acquired a new stake in Ondas during the 1st quarter worth approximately $35,000. 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.