Ondas (NASDAQ:ONDS) Upgraded at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH upgraded shares of Ondas (NASDAQ:ONDS) to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports.

Other research analysts have also recently issued reports about the company. HC Wainwright set a $17.00 price target on Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. Lake Street Capital increased their price objective on shares of Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Stifel Nicolaus boosted their target price on shares of Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Zacks Research lowered shares of Ondas from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Finally, Needham & Company LLC raised their target price on shares of Ondas from $17.00 to $23.00 and gave the company a “buy” rating in a research note on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $17.25.

Ondas Trading Up 1.9%

Shares of ONDS stock opened at $9.06 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.68 and a current ratio of 4.84. The stock has a fifty day simple moving average of $9.99 and a two-hundred day simple moving average of $9.48. The firm has a market capitalization of $4.42 billion, a PE ratio of -13.52 and a beta of 2.56. Ondas has a 52-week low of $0.76 and a 52-week high of $15.28.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) 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 business had revenue of $30.11 million during the quarter, compared to analysts’ expectations of $27.49 million. On average, analysts predict that Ondas will post -0.28 EPS for the current fiscal year.

Institutional Investors Weigh In On Ondas

Several large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in Ondas by 3,558,617.2% in the third quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock worth $15,935,000 after buying an additional 2,063,998 shares during the last quarter. DNB Asset Management AS boosted its stake in Ondas by 88.4% during the third quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock worth $2,547,000 after buying an additional 154,792 shares during the period. Ghisallo Capital Management LLC bought a new position in Ondas during the third quarter valued at $7,720,000. Sequoia Financial Advisors LLC bought a new position in Ondas during the third quarter valued at $772,000. Finally, Vanguard Group Inc. raised its stake in shares of Ondas by 109.9% in the third quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after acquiring an additional 7,024,549 shares during the period. 37.73% of the stock is owned by institutional investors.

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.