Ondas (NASDAQ:ONDS) Trading Up 2.8% – What’s Next?

Ondas Holdings Inc. (NASDAQ:ONDSGet Free Report) was up 2.8% during trading on Friday . The stock traded as high as $10.56 and last traded at $10.32. Approximately 45,400,046 shares traded hands during trading, a decline of 47% from the average daily volume of 85,571,078 shares. The stock had previously closed at $10.04.

Analyst Ratings Changes

Several research analysts have commented on ONDS shares. HC Wainwright set a $17.00 price target on shares of Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. Oppenheimer boosted their price target on shares of Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. Zacks Research cut shares of Ondas from a “hold” rating to a “strong sell” rating in a report on Friday, March 27th. Lake Street Capital upped their target price on shares of Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Weiss Ratings upgraded shares of Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.25.

Get Our Latest Analysis on ONDS

Ondas Stock Performance

The firm’s fifty day moving average price is $10.05 and its 200-day moving average price is $9.47. The company has a current ratio of 4.84, a quick ratio of 4.68 and a debt-to-equity ratio of 0.01. The firm has a market cap of $5.01 billion, a price-to-earnings ratio of -15.40 and a beta of 2.56.

Ondas (NASDAQ:ONDSGet Free Report) last issued its earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. The company had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. Analysts expect that Ondas Holdings Inc. will post -0.28 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. IFP Advisors Inc raised its position in Ondas by 231.4% in the 3rd 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 last quarter. AdvisorNet Financial Inc purchased a new stake in Ondas in the 1st quarter valued at $35,000. Avion Wealth raised its position in Ondas by 100.0% in the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after purchasing an additional 2,000 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its position in Ondas by 228.6% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock valued at $43,000 after purchasing an additional 3,063 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in Ondas by 1,005.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock valued at $43,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 37.73% of the company’s stock.

Ondas Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Ondas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ondas and related companies with MarketBeat.com's FREE daily email newsletter.