Ondas (NASDAQ:ONDS) Stock Price Up 2.9% – Time to Buy?

Ondas Holdings Inc. (NASDAQ:ONDS) was up 2.9% during mid-day trading on Wednesday. The stock traded as high as $5.90 and last traded at $5.73. Approximately 44,210,014 shares were traded during trading, a decline of 43% from the average session volume of 77,062,070 shares. The stock had previously closed at $5.57.

More Ondas News

Here’s some of the latest news about ONDS:

• 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
• 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
• 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

Analyst Upgrades and Downgrades

ONDS has been the topic of a number of recent analyst reports. Needham & Company LLC dropped their price objective on Ondas from $19.00 to $14.00 and set a “buy” rating on the stock in a report on Friday. Roth Capital reiterated a “buy” rating on shares of Ondas in a research report on Tuesday, August 18th. Rothschild & Co Redburn set a $14.00 target price on Ondas in a report on Friday. Ladenburg Thalmann & Co. Inc. boosted their target price 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. Finally, Citigroup restated a “market outperform” rating on shares of Ondas in a research report on Friday. Eleven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $15.81.

Ondas Price Performance

The firm’s 50-day simple moving average is $6.72 and its two-hundred day simple moving average is $8.75. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of -73.71 and a beta of 3.10.

Ondas (NASDAQ:ONDS) last issued its earnings results 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. Ondas had a net margin of 93.55% and a negative return on equity of 14.20%. The company had revenue of $167.49 million during the quarter, compared to analysts’ expectations of $148.04 million. On average, analysts expect that Ondas Holdings Inc. will post -0.47 EPS for the current fiscal year.

Insider Activity at Ondas

In related news, CFO Neil J. Laird sold 4,952 shares of the firm’s stock in a transaction that occurred on Thursday, September 24th. The stock was sold at an average price of $7.74, for a total value of $38,328.48. Following the completion of the transaction, the chief financial officer directly owned 42,246 shares of the company’s stock, valued at $326,984.04. This trade represents a 10.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction 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 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.67% of the stock is owned by insiders.

Institutional Trading of Ondas

A number of institutional investors have recently bought and sold shares of ONDS. Salem Investment Counselors Inc. acquired a new position in Ondas in the 3rd quarter valued at about $3,075,000. The Manufacturers Life Insurance Company boosted its stake in shares of Ondas by 664.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 129,481 shares of the company’s stock worth $1,171,000 after purchasing an additional 112,534 shares during the last quarter. CI Investments Inc. acquired a new stake in shares of Ondas during the 1st quarter worth about $4,255,000. Royal Bank of Canada grew its holdings in shares of Ondas by 160.1% during the first quarter. Royal Bank of Canada now owns 384,656 shares of the company’s stock worth $3,477,000 after buying an additional 236,782 shares in the last quarter. Finally, Oddo BHF Asset Management Sas purchased a new stake in shares of Ondas during the first quarter worth about $5,000,000. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Ondas Company Profile

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.