Ondas Holdings Inc. (NASDAQ:ONDS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) have received an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $17.25.

Several research firms have recently weighed in on ONDS. Needham & Company LLC reissued a “buy” rating and set a $23.00 target price on shares of Ondas in a research report on Tuesday, May 19th. Glj Research set a $17.00 target price on Ondas in a research report on Tuesday, March 10th. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a research report on Sunday. Northland Securities boosted their target price on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th.

Insider Activity at Ondas

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

Hedge Funds Weigh In On Ondas

A number of large investors have recently bought and sold shares of ONDS. Van ECK Associates Corp purchased a new position in Ondas during the 4th quarter valued at $71,202,000. Vanguard Group Inc. boosted 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 acquiring an additional 7,024,549 shares during the period. Two Sigma Investments LP boosted 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 acquiring an additional 4,247,859 shares during the period. Marshall Wace LLP purchased a new position in Ondas during the 4th quarter valued at $33,473,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Ondas by 9,274.9% during the 4th 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 during the period. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Ondas Stock Performance

NASDAQ ONDS opened at $9.06 on Tuesday. The company has a market cap of $4.49 billion, a P/E ratio of 226.50 and a beta of 2.56. The business’s 50 day moving average price is $9.84 and its 200-day moving average price is $9.66. Ondas has a fifty-two week low of $0.86 and a fifty-two week high of $15.28.

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

About Ondas

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.