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

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) have earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $17.25.

ONDS has been the topic of several recent research reports. Needham & Company LLC reiterated a “buy” rating and set a $23.00 target price on shares of Ondas in a report on Tuesday, May 19th. Zacks Research upgraded shares of Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Northland Securities increased their target price on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. HC Wainwright set a $17.00 price target on shares of Ondas and gave the company a “buy” rating in a report on Tuesday, March 10th. Finally, Wall Street Zen cut shares of Ondas from a “hold” rating to a “sell” rating in a report on Sunday, May 24th.

Insider Activity

In related news, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total value of $71,250.00. Following the completion of the transaction, the director directly owned 264,853 shares of the company’s stock, valued at $2,516,103.50. This trade represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Eric A. Brock sold 2,378,245 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 3,583,010 shares of the company’s stock, valued at $48,119,824.30. The trade was a 39.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 2,395,745 shares of company stock worth $32,109,380. Corporate insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Ondas

A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its stake in Ondas by 3,558,617.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock valued at $15,935,000 after acquiring an additional 2,063,998 shares during the period. DNB Asset Management AS lifted its stake in Ondas by 88.4% during the 3rd quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock valued at $2,547,000 after acquiring an additional 154,792 shares during the period. Ghisallo Capital Management LLC acquired a new stake in Ondas during the 3rd quarter valued at approximately $7,720,000. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in Ondas during the 4th quarter valued at approximately $6,734,000. Finally, Vanguard Group Inc. lifted its stake 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. 37.73% of the stock is owned by hedge funds and other institutional investors.

Ondas Trading Down 5.1%

Shares of ONDS opened at $9.33 on Friday. Ondas has a twelve month low of $1.36 and a twelve month high of $15.28. The company has a market cap of $4.74 billion, a P/E ratio of 233.25 and a beta of 2.60. The company’s fifty day simple moving average is $10.15 and its 200-day simple moving average is $10.15.

Ondas (NASDAQ:ONDS) last posted its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) 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 analysts’ expectations of $27.49 million. Ondas had a negative return on equity of 14.17% and a net margin of 247.85%. Analysts predict that Ondas will post -0.28 earnings per share for the current fiscal 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.