Ondas (NASDAQ:ONDS) Stock Price Down 6.7% – What’s Next?

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) were down 6.7% during mid-day trading on Tuesday. The stock traded as low as $5.45 and last traded at $5.57. 40,723,874 shares traded hands during trading, a decline of 47% from the average session volume of 77,194,086 shares. The stock had previously closed at $5.97.

Top Ondas Stories

These are some of the ONDS stories that stood out recently:

• Positive Sentiment: Third-quarter revenue reached a record $167.5 million, topping estimates of about $148 million and rising roughly 1,559% year over year. The company also reported an $835 million backlog, supporting expectations for continued growth. Ondas posts record Q3 revenue and raises 2026 outlook
• Positive Sentiment: Ondas raised its 2026 revenue guidance to $550 million, above the roughly $536.5 million consensus, and indicated it expects to reach break-even sooner than previously forecast. Ondas updates profitability forecast as revenue surges
• Negative Sentiment: Profitability remains a concern: one report put the quarterly loss at $0.11 per share, wider than its $0.09 consensus estimate and the $0.06 loss a year earlier. Another earnings account highlighted shrinking margins, tempering the upbeat revenue and guidance news. Ondas reports Q3 loss, beats revenue estimates Ondas shares fall as loss deepens and margins shrink

Analyst Ratings Changes

Several analysts have weighed in on ONDS shares. Roth Capital reissued a “buy” rating on shares of Ondas in a report on Tuesday, August 18th. The Goldman Sachs Group raised Ondas to a “buy” rating in a research note on Monday, November 2nd. Citigroup reiterated a “market outperform” rating on shares of Ondas in a research report on Monday, October 19th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Ondas in a research report on Monday, November 2nd. Finally, Ladenburg Thalmann & Co. Inc. increased their price objective on shares of Ondas from $21.50 to $22.75 and gave the company a “buy” rating in a research note on Monday, August 17th. Eleven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.89.

Ondas Stock Performance

The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of -76.00 and a beta of 3.10. The company has a 50-day moving average of $6.77 and a 200-day moving average of $8.78.

Ondas (NASDAQ:ONDS) last announced its earnings results on Thursday, August 13th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.10). The company had revenue of $83.77 million for the quarter, compared to analyst estimates of $67.97 million. Ondas had a net margin of 93.55% and a negative return on equity of 14.20%. As a group, analysts expect that Ondas Holdings Inc. will post -0.47 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Neil J. Laird sold 4,952 shares of the stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $7.74, for a total transaction of $38,328.48. Following the sale, the chief financial officer owned 42,246 shares of the company’s stock, valued at $326,984.04. This trade represents a 10.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $8.96, for a total value of $67,200.00. Following the sale, the director directly owned 261,836 shares in the company, valued at approximately $2,346,050.56. The trade was a 2.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.67% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ONDS. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Ondas during the 3rd quarter worth about $26,000. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of Ondas by 7,185.7% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 3,570 shares of the company’s stock worth $26,000 after buying an additional 3,521 shares in the last quarter. NFSG Corp grew its holdings in shares of Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after buying an additional 2,000 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of Ondas in the first quarter valued at approximately $28,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Ondas by 5,373.7% in the first quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after buying an additional 3,063 shares during the last quarter. Institutional investors and hedge funds own 37.73% of the company’s stock.

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.