Ondas (NASDAQ:ONDS) Stock Falls 7.2% – Here’s What Happened

Ondas Holdings Inc. (NASDAQ:ONDS) shares were down 7.2% during trading on Thursday. The company traded as low as $5.20 and last traded at $5.32. Approximately 73,114,529 shares changed hands during trading, a decline of 5% from the average daily volume of 77,082,547 shares. The stock had previously closed at $5.73.

Trending Headlines about Ondas

These are some of the ONDS headlines that stood out recently:

• Positive Sentiment: Third-quarter revenue reached a record $167.5 million, topping estimates of about $148 million and rising roughly 1,559% year over year. The company also reported an $835 million backlog, supporting expectations for continued growth. Ondas posts record Q3 revenue and raises 2026 outlook
• Positive Sentiment: Ondas raised its 2026 revenue guidance to $550 million, above the roughly $536.5 million consensus, and indicated it expects to reach break-even sooner than previously forecast. Ondas updates profitability forecast as revenue surges
• Negative Sentiment: Profitability remains a concern: one report put the quarterly loss at $0.11 per share, wider than its $0.09 consensus estimate and the $0.06 loss a year earlier. Another earnings account highlighted shrinking margins, tempering the upbeat revenue and guidance news. Ondas reports Q3 loss, beats revenue estimates Ondas shares fall as loss deepens and margins shrink

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ONDS shares. Needham & Company LLC reaffirmed a “buy” rating and set a $19.00 price target on shares of Ondas in a research note on Monday, September 14th. Citigroup restated a “market outperform” rating on shares of Ondas in a report on Monday, October 19th. Weiss Ratings restated a “sell (d+)” rating on shares of Ondas in a report on Monday, November 2nd. Wall Street Zen cut Ondas from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Finally, Ladenburg Thalmann & Co. Inc. lifted their target price on Ondas from $21.50 to $22.75 and gave the stock a “buy” rating in a report on Monday, August 17th. Eleven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.89.

Ondas Trading Down 7.2%

The company has a market cap of $3.10 billion, a price-to-earnings ratio of -76.00 and a beta of 3.10. The firm’s fifty day moving average price is $6.77 and its 200-day moving average price is $8.78.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.10). Ondas had a negative return on equity of 14.20% and a net margin of 93.55%. The business had revenue of $83.77 million for the quarter, compared to analyst estimates of $67.97 million. As a group, research analysts anticipate that Ondas Holdings Inc. will post -0.47 EPS for the current year.

Insider Buying and Selling

In other Ondas news, CFO Neil Laird sold 4,952 shares of Ondas stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $7.74, for a total value of $38,328.48. Following the sale, the chief financial officer owned 42,246 shares of the company’s stock, valued at $326,984.04. This trade represents a 10.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Richard Cohen sold 7,500 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $8.96, for a total value of $67,200.00. Following the transaction, the director directly owned 261,836 shares of the company’s stock, valued at $2,346,050.56. This represents a 2.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.67% of the company’s stock.

Hedge Funds Weigh In On Ondas

Hedge funds have recently made changes to their positions in the business. Pilgrim Partners Asia Pte Ltd acquired a new position in Ondas during the third quarter worth approximately $26,000. Pinnacle Wealth Planning Services Inc. boosted its holdings in shares of Ondas by 7,185.7% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 3,570 shares of the company’s stock worth $26,000 after buying an additional 3,521 shares in the last quarter. NFSG Corp grew its position in shares of Ondas by 200.0% during the 1st 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. Western Wealth Management LLC acquired a new stake in shares of Ondas during the 1st quarter worth approximately $28,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of Ondas by 5,373.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock worth $28,000 after buying an additional 3,063 shares during the period. 37.73% of the stock is owned by institutional investors.

Ondas Company Profile

Ondas Holdings is a technology company that develops private wireless networks and autonomous systems for industrial, government and security applications. Its businesses include Ondas Networks and Ondas Autonomous Systems. Ondas Networks provides private broadband wireless solutions for mission-critical communications. Its FullMAX platform is designed to support applications such as rail communications and industrial data networks. Ondas Autonomous Systems develops autonomous drone and counter-drone technologies, including systems for infrastructure inspection, security and public safety.