Roth Capital Upgrades Ondas (NASDAQ:ONDS) to “Strong-Buy”

Ondas (NASDAQ:ONDS) was upgraded by equities researchers at Roth Capital to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other research firms have also weighed in on ONDS. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Weiss Ratings lowered shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Wall Street Zen cut shares of Ondas from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Finally, Needham & Company LLC lowered their price target on shares of Ondas from $23.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.33.

Ondas Price Performance

Shares of NASDAQ:ONDS opened at $9.74 on Monday. The firm has a market capitalization of $5.55 billion, a price-to-earnings ratio of 243.50 and a beta of 2.72. The business’s 50 day simple moving average is $8.39 and its 200-day simple moving average is $9.57. Ondas has a 12 month low of $3.20 and a 12 month high of $15.28.

Insiders Place Their Bets

In other news, CEO Eric A. Brock sold 2,378,245 shares of Ondas stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $13.43, for a total transaction of $31,939,830.35. Following the completion of the sale, the chief executive officer directly owned 3,583,010 shares in the company, valued at $48,119,824.30. The trade was a 39.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Randy Seidl sold 10,000 shares of the business’s 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 completion of the transaction, the director directly owned 295,504 shares of the company’s stock, valued at approximately $2,904,804.32. This represents a 3.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,395,745 shares of company stock valued at $32,109,380 in the last ninety days. Insiders own 1.67% of the company’s stock.

Hedge Funds Weigh In On Ondas

Several large investors have recently added to or reduced their stakes in the business. Buckland Partners Management Co LLC acquired a new stake in Ondas in the 2nd quarter worth about $478,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Ondas during the 2nd quarter worth about $668,000. Bank of New York Mellon Corp acquired a new stake in shares of Ondas in the second quarter worth approximately $13,158,000. Heck Capital Advisors LLC purchased a new stake in Ondas in the second quarter valued at approximately $90,000. Finally, Handelsbanken Fonder AB increased its holdings in shares of Ondas by 50.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 180,100 shares of the company’s stock worth $1,484,000 after buying an additional 60,000 shares during the last quarter. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas was selected to build Israel’s next-generation “Digital Bat” tactical attack-drone platform in a multi-million-dollar strategic program. The contract strengthens Ondas’ defense backlog and aligns with demand for scalable, lower-cost unmanned systems similar to priorities under the U.S. Drone Dominance Program. Ondas Selected to Build Israel’s Next Generation of Military Tactical Attack Drones
• Positive Sentiment: Roth Capital initiated coverage with a Buy rating and a $13 price target, implying meaningful potential appreciation from the recent trading level. New analyst coverage may improve institutional attention toward ONDS. Roth Capital Initiates Coverage
• Positive Sentiment: Ondas won a counter-drone contract to protect the Jacksonville Jaguars’ EverBank Stadium. The deal provides another commercial security use case for the company’s autonomous drone and counter-UAS technology. Ondas Wins NFL Counter-Drone Deal
• Positive Sentiment: Ondas completed its acquisition of Cyberhawk, adding AI-powered drone inspection, asset analytics and visual data-management capabilities. The transaction expands exposure to critical infrastructure and industrial inspection markets, although execution will determine how quickly the acquisition contributes financially. Ondas Completes Cyberhawk Acquisition
• Neutral Sentiment: Pre-earnings analysis points to strong revenue expectations, a growing defense pipeline and greater scale from acquisitions. However, integration challenges and continued profitability risks could limit the near-term benefit to shareholders. Key Insights Ahead of Q2 Earnings
• Neutral Sentiment: The reported short-interest data shows zero shares and a zero-day ratio, with an anomalous “NaN” change. Because the figures appear inconsistent, they provide no reliable signal about short-selling pressure on ONDS.

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.