Needham & Company LLC Reaffirms Buy Rating for Ondas (NASDAQ:ONDS)

Ondas (NASDAQ:ONDS)‘s stock had its “buy” rating reissued by equities researchers at Needham & Company LLC in a research note issued on Friday,Benzinga reports. They currently have a $19.00 target price on the stock. Needham & Company LLC’s price target would suggest a potential upside of 113.24% from the company’s current price.

Several other equities analysts also recently commented on ONDS. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a report on Sunday, May 24th. Weiss Ratings lowered Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Roth Capital started coverage on Ondas in a research note on Tuesday. They issued a “buy” rating and a $13.00 price objective on the stock. Finally, LADENBURG THALM/SH SH upgraded shares of Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.33.

Ondas Price Performance

NASDAQ ONDS opened at $8.91 on Friday. Ondas has a fifty-two week low of $3.20 and a fifty-two week high of $15.28. The stock has a market capitalization of $5.08 billion, a PE ratio of 222.75 and a beta of 2.72. The business has a fifty day moving average price of $8.29 and a two-hundred day moving average price of $9.52.

Insider Activity at Ondas

In other Ondas 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 value of $71,250.00. Following the transaction, the director directly 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric A. Brock sold 2,378,245 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total transaction of $31,939,830.35. Following the sale, the chief executive officer directly owned 3,583,010 shares of the company’s stock, valued at approximately $48,119,824.30. This trade represents a 39.90% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 2,395,745 shares of company stock worth $32,109,380 in the last 90 days. Corporate insiders own 1.67% of the company’s stock.

Institutional Investors Weigh In On Ondas

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Kirtland Hills Capital Management LLC bought a new position in shares of Ondas during the 2nd quarter worth about $509,000. X Square Capital LLC bought a new stake in Ondas in the 2nd quarter valued at about $1,648,000. Buckland Partners Management Co LLC bought a new stake in Ondas in the 2nd quarter valued at about $478,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in Ondas during the 2nd quarter worth approximately $668,000. Finally, Bank of New York Mellon Corp bought a new position in Ondas in the second quarter worth approximately $13,158,000. 37.73% of the stock is owned by institutional investors.

Ondas News Summary

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas reported second-quarter revenue of $83.77 million, exceeding the roughly $67.97 million analyst consensus. On an adjusted basis, the company posted a loss of $0.03 per share versus expectations for a $0.07 loss. Ondas Holdings Q2 results
• Positive Sentiment: Management raised its 2026 revenue outlook to $550 million and highlighted a backlog of approximately $757 million, supporting the company’s long-term growth narrative. Ondas Q2 earnings, backlog and guidance
• Positive Sentiment: Ondas won a multi-million-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense and counter-drone opportunity. Israeli defense drone tender
• Positive Sentiment: Call-option purchases were unusually heavy, with 299,121 contracts traded—about 52% above average—indicating increased speculative bullish interest. Retail investors have also promoted ONDS as a potential high-growth drone stock. Retail investor view of Ondas
• Neutral Sentiment: Roth Capital initiated coverage of Ondas, potentially increasing institutional attention, although the available report does not provide an investment rating or price target. Roth Capital coverage
• Negative Sentiment: The headline GAAP loss was approximately $0.19 per share, worse than the $0.09 consensus, while adjusted EBITDA was negative $50.6 million. The profitability shortfall appears to be outweighing the revenue beat and raised outlook in near-term trading. Ondas post-earnings reaction
• Negative Sentiment: Short interest reportedly stands near 40%, signaling significant bearish positioning and the potential for elevated volatility around earnings and future guidance. Ondas short interest

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.