Ondas (NASDAQ:ONDS) Stock Price Down 5.3% – What’s Next?

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) traded down 5.3% during trading on Friday . The company traded as low as $10.50 and last traded at $10.62. 138,362,638 shares traded hands during trading, an increase of 64% from the average session volume of 84,473,828 shares. The stock had previously closed at $11.21.

Key Stories Impacting Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas reported record Q1 2026 revenue of about $50.1 million, easily topping estimates and jumping more than 10-fold from a year ago, while earnings also beat expectations. Ondas Q1 2026 earnings report
• Positive Sentiment: The company raised full-year 2026 revenue guidance to at least $390 million, well above prior expectations, signaling accelerating demand and improved visibility. Ondas reports record first quarter 2026 financial results
• Positive Sentiment: Backlog surged to $457 million from $68.3 million at the end of 2025, which investors are reading as strong future revenue support for the business. Ondas reports record first quarter 2026 financial results
• Positive Sentiment: Management said product companies turned adjusted EBITDA positive earlier than planned, and it highlighted strategic partnerships and acquisitions as growth catalysts. Ondas Inc Q1 2026 earnings call highlights
• Neutral Sentiment: Traders also pointed to heavy call-option activity and rising institutional interest ahead of the results, suggesting elevated speculation around the stock. Ondas stock gains overnight
• Neutral Sentiment: Some commentary noted the shares had already moved sharply before the close, so part of the reaction may reflect momentum trading rather than only fundamentals. Ondas 23% rally hints more upside
• Negative Sentiment: Despite the upbeat quarter, Ondas remains unprofitable with negative margins and return on equity, which may keep some investors cautious about valuation and execution risk. Ondas Q1 2026 earnings report

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Northland Securities upped their price objective on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. Lake Street Capital increased their price target on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Glj Research set a $17.00 price target on Ondas in a report on Tuesday, March 10th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings upgraded Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, April 21st. One investment 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.25.

Ondas Trading Down 5.3%

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 business’s 50-day simple moving average is $9.91 and its two-hundred day simple moving average is $9.56. The company has a market capitalization of $5.20 billion, a PE ratio of -15.85 and a beta of 2.56.

Ondas (NASDAQ:ONDS) last posted its quarterly 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). The company had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. On average, analysts predict that Ondas Holdings Inc. will post -0.28 earnings per share for the current year.

Hedge Funds Weigh In On Ondas

A number of large investors have recently bought and sold shares of ONDS. Union Square Park Capital Management LLC bought a new stake in shares of Ondas during the first quarter valued at approximately $904,000. Compound Planning Inc. bought a new stake in shares of Ondas during the first quarter valued at approximately $100,000. Greenline Wealth Management LLC bought a new stake in shares of Ondas during the first quarter valued at approximately $196,000. State of Wyoming raised its holdings in shares of Ondas by 31.5% during the first quarter. State of Wyoming now owns 6,809 shares of the company’s stock valued at $62,000 after buying an additional 1,631 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Ondas by 281.3% during the first quarter. Cetera Investment Advisers now owns 707,486 shares of the company’s stock valued at $6,396,000 after buying an additional 521,944 shares during the last quarter. Institutional investors own 37.73% of the company’s stock.

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.