Lake Street Capital Issues Pessimistic Forecast for Ondas (NASDAQ:ONDS) Stock Price

Ondas (NASDAQ:ONDS – Get Free Report) had its target price lowered by research analysts at Lake Street Capital from $19.00 to $14.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. Lake Street Capital‘s target price would suggest a potential upside of 171.69% from the company’s current price.

ONDS has been the subject of a number of other research reports. Citigroup reaffirmed a “market outperform” rating on shares of Ondas in a report on Friday. Wall Street Zen downgraded shares of Ondas from a “sell” rating to a “strong sell” rating in a report on Saturday, August 15th. Roth Capital reaffirmed a “buy” rating on shares of Ondas in a report on Tuesday, August 18th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Ondas in a research report on Monday, November 2nd. Finally, Oppenheimer lifted their price objective on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Eleven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $15.81.

Check Out Our Latest Research Report on ONDS

Ondas Price Performance

Shares of Ondas stock traded down $0.17 during trading hours on Friday, reaching $5.15. The company had a trading volume of 43,306,234 shares, compared to its average volume of 76,917,602. Ondas has a one year low of $4.38 and a one year high of $15.28. The business has a fifty day simple moving average of $6.72 and a 200 day simple moving average of $8.75. The firm has a market cap of $3.00 billion, a PE ratio of -73.61 and a beta of 3.10.

Ondas (NASDAQ:ONDS – Get Free Report) last released its quarterly earnings data on Thursday, November 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.03. The company had revenue of $167.49 million for the quarter, compared to analyst estimates of $148.04 million. Ondas had a negative return on equity of 14.20% and a net margin of 93.55%. On average, research analysts forecast that Ondas will post -0.47 EPS for the current year.

Insider Transactions at Ondas

In other news, Director Richard Cohen sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $8.96, for a total value of $67,200.00. Following the sale, the director directly owned 261,836 shares of the company’s stock, 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 through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Neil Laird sold 4,952 shares of the firm’s stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $7.74, for a total transaction of $38,328.48. Following the sale, the chief financial officer owned 42,246 shares of the company’s stock, valued at approximately $326,984.04. This represents a 10.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.67% of the company’s stock.

Institutional Trading of Ondas

Several hedge funds have recently bought and sold shares of the stock. Voya Investment Management LLC boosted its stake in shares of Ondas by 183.7% in the third quarter. Voya Investment Management LLC now owns 6,612,440 shares of the company’s stock worth $48,469,000 after acquiring an additional 4,281,842 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD grew its holdings in Ondas by 6.2% during the 3rd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 3,184,058 shares of the company’s stock valued at $23,339,000 after buying an additional 184,518 shares in the last quarter. RFG Advisory LLC increased its stake in Ondas by 57.0% in the 2nd quarter. RFG Advisory LLC now owns 2,787,202 shares of the company’s stock worth $22,967,000 after acquiring an additional 1,012,353 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Ondas during the 2nd quarter worth approximately $13,158,000. Finally, Bank of America Corp DE raised its holdings in shares of Ondas by 1,443.9% during the 1st quarter. Bank of America Corp DE now owns 1,404,812 shares of the company’s stock worth $12,700,000 after acquiring an additional 1,313,823 shares in the last quarter. Institutional investors own 37.73% of the company’s stock.

Latest Ondas News

Investors following ONDS have been watching these news items:

  • Positive Sentiment: Ondas reported record third-quarter revenue of $167.5 million, well above analyst expectations, as sales grew more than 16-fold year over year. The company also cited strong bookings and an $835 million backlog, providing greater revenue visibility. Article: Ondas Posts Record Q3 2026 Revenue
  • Neutral Sentiment: Needham lowered its price target to $14 from $19 but retained a Buy rating. The reduced target reflects a more cautious valuation, while the recommendation remains supportive. Article: Needham Ratings
  • Negative Sentiment: Despite the revenue surge, Ondas’s quarterly loss widened year over year and margins shrank. Higher production needs and the work of integrating acquisitions could make it harder to convert the backlog into profitable growth, adding execution risk. Article: Q3 Earnings Show Wider Loss

Ondas Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Ondas (NASDAQ:ONDS)

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