Ondas (NASDAQ:ONDS) Stock Price Down 3% on Analyst Downgrade

Ondas Holdings Inc. (NASDAQ:ONDS) dropped 3% during mid-day trading on Friday after Lake Street Capital lowered their price target on the stock from $19.00 to $14.00. Lake Street Capital currently has a buy rating on the stock. Ondas traded as low as $5.02 and last traded at $5.16. Approximately 48,144,769 shares traded hands during trading, a decline of 37% from the average daily volume of 76,954,000 shares. The stock had previously closed at $5.32.

Other equities research analysts have also issued research reports about the stock. Wall Street Zen lowered shares of Ondas from a “sell” rating to a “strong sell” rating in a report on Saturday, August 15th. Needham & Company LLC decreased their price objective on shares of Ondas from $19.00 to $14.00 and set a “buy” rating for the company in a research note on Friday. Ladenburg Thalmann & Co. Inc. lifted their price objective on shares of Ondas from $21.50 to $22.75 and gave the stock a “buy” rating in a research report on Monday, August 17th. Roth Capital reiterated a “buy” rating on shares of Ondas in a research report on Tuesday, August 18th. Finally, Citigroup reissued a “market outperform” rating on shares of Ondas in a research note on Friday. Eleven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.81.

Insider Buying and Selling at Ondas

In related news, CFO Neil J. Laird sold 4,952 shares of Ondas stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $7.74, for a total value of $38,328.48. Following the transaction, the chief financial officer owned 42,246 shares in the company, valued at $326,984.04. This trade represents a 10.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard M. Cohen sold 7,500 shares of the business’s stock in a transaction 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 transaction, the director directly owned 261,836 shares of the company’s stock, valued at approximately $2,346,050.56. This represents a 2.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.67% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Ondas

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

• Positive Sentiment: The company raised its 2026 revenue outlook to $550 million, above the roughly $536.5 million consensus, and lifted its 2026 and 2027 growth targets. Management also expects adjusted EBITDA break-even a quarter earlier in 2027, with executives pointing to accelerating fourth-quarter momentum. Article: Q3 Earnings Call Highlights
• 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

Hedge Funds Weigh In On Ondas

A number of institutional investors have recently made changes to their positions in ONDS. Voya Investment Management LLC boosted its stake in Ondas by 183.7% during the 3rd quarter. Voya Investment Management LLC now owns 6,612,440 shares of the company’s stock valued at $48,469,000 after purchasing an additional 4,281,842 shares during the period. Bank of New York Mellon Corp bought a new position in Ondas in the 2nd quarter worth approximately $13,158,000. Bank of America Corp DE increased its position in Ondas by 1,443.9% in the 1st quarter. Bank of America Corp DE now owns 1,404,812 shares of the company’s stock worth $12,700,000 after buying an additional 1,313,823 shares during the period. RFG Advisory LLC lifted its holdings in shares of Ondas by 57.0% during the second quarter. RFG Advisory LLC now owns 2,787,202 shares of the company’s stock worth $22,967,000 after buying an additional 1,012,353 shares during the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new position in shares of Ondas during the first quarter worth approximately $5,000,000. 37.73% of the stock is currently owned by institutional investors.

Ondas Price Performance

The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of -73.71 and a beta of 3.10. The business has a fifty day moving average price of $6.72 and a 200 day moving average price of $8.75.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings data on Thursday, November 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.03. Ondas had a net margin of 93.55% and a negative return on equity of 14.20%. The business had revenue of $167.49 million for the quarter, compared to the consensus estimate of $148.04 million. As a group, sell-side analysts predict that Ondas Holdings Inc. will post -0.47 earnings per share for the current fiscal year.

About Ondas

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.