Ondas (NASDAQ:ONDS) Stock Price Up 1.8% – What’s Next?

Ondas Holdings Inc. (NASDAQ:ONDS)’s share price rose 1.8% during mid-day trading on Monday . The company traded as high as $13.91 and last traded at $13.46. Approximately 83,995,919 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 85,465,148 shares. The stock had previously closed at $13.22.

Analyst Ratings Changes

ONDS has been the subject of a number of recent analyst reports. Northland Securities boosted their target price on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. Zacks Research upgraded shares of Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. HC Wainwright set a $17.00 target price on shares of Ondas and gave the company a “buy” rating in a report on Tuesday, March 10th. Needham & Company LLC restated a “buy” rating and issued a $23.00 target price on shares of Ondas in a report on Tuesday, May 19th. Finally, Wall Street Zen downgraded shares of Ondas from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Ondas presently has an average rating of “Moderate Buy” and an average price target of $17.25.

Ondas Price Performance

The stock has a market capitalization of $6.80 billion, a price-to-earnings ratio of 336.50 and a beta of 2.60. The business’s 50-day simple moving average is $9.90 and its two-hundred day simple moving average is $9.87.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). The business had revenue of $30.11 million for the quarter, compared to analyst estimates of $27.49 million. Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. As a group, sell-side analysts expect that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Insider Buying and Selling

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director directly owned 264,853 shares of the company’s stock, valued at $2,516,103.50. The trade was a 2.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total transaction of $98,300.00. Following the transaction, the director directly owned 295,504 shares in the company, valued at approximately $2,904,804.32. This trade represents a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ondas

A number of large investors have recently added to or reduced their stakes in ONDS. Van ECK Associates Corp acquired a new stake in Ondas during the 4th quarter valued at $71,202,000. Vanguard Group Inc. grew its holdings in Ondas by 109.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after purchasing an additional 7,024,549 shares in the last quarter. Two Sigma Investments LP grew its holdings in Ondas by 1,325.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock valued at $35,267,000 after purchasing an additional 4,247,859 shares in the last quarter. Marshall Wace LLP acquired a new stake in Ondas in the fourth quarter valued at $33,473,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Ondas by 9,274.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,466,373 shares of the company’s stock valued at $33,832,000 after acquiring an additional 3,429,398 shares in the last quarter. 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.