Ondas (NASDAQ:ONDS) Shares Gap Down – Here’s Why

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $12.53, but opened at $12.10. Ondas shares last traded at $12.2020, with a volume of 12,932,250 shares changing hands.

More Ondas News

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Recent new orders and upbeat 2026 outlook are the primary catalysts behind the rally — reports cite ~ $10M in autonomous-systems purchase orders and management’s projection of strong OAS (Ondas Autonomous Systems) revenue growth that investors are rewarding. Ondas Holdings Inc. Stock (ONDS) Opinions on Recent Price Surge and New Orders
• Positive Sentiment: Ondas will host an OAS Investor Day on Jan. 16 to lay out its 2026 business plan, revenue assumptions and operating priorities — a scheduled deep dive that can validate management guidance and sustain investor interest. Ondas to Host OAS Investor Day on January 16, 2026, Highlighting Updated Business Plan, Core+ Strategic Growth Program, and 2026 Financial Outlook
• Positive Sentiment: Market attention and momentum: the stock hit a multi-year high as retail and some analysts pushed bullish calls and price targets higher, and several institutional investors have added sizeable positions — supporting higher liquidity and interest. Ondas Holdings (ONDS) Hits 4-Year High Ahead of Business Updates, Outlook
• Neutral Sentiment: Ondas filed a prospectus supplement for resale of common stock — routine for enabling resale by existing holders but worth monitoring for potential share supply. Ondas Holdings Files Prospectus for Resale of Common Stock
• Neutral Sentiment: Corporate changes (headquarters move, rebrand) and valuation pieces are circulating — these clarify strategy but are informational until the company delivers financial proof points. Does Ondas (ONDS) Headquarters Shift and Rebrand Clarify Its Autonomous Defense Platform Ambitions?
• Negative Sentiment: Insider selling and dilution concerns: public reporting shows multiple insider sales and frequent capital raises; investors worry about share overhang and further dilution if the company issues equity to fund growth. Ondas Holdings Inc. Stock (ONDS) Opinions on Recent Price Surge and New Orders
• Negative Sentiment: Execution concentration risk: analysts note 2025/2026 targets depend heavily on OAS ramp; Ondas Networks is expected to contribute modestly until wider adoption of next-gen private wireless (dot16) in 2026 — missed adoption or order slippage would pressure guidance. Ondas’ Revenue Targets: Can OAS Carry the Load Without Networks?

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Zacks Research downgraded shares of Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Lake Street Capital increased their price objective on shares of Ondas from $9.00 to $10.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Stifel Nicolaus set a $13.00 target price on shares of Ondas and gave the stock a “buy” rating in a report on Monday, December 15th. Oppenheimer raised shares of Ondas from a “market perform” rating to an “outperform” rating and set a $12.00 target price for the company in a research note on Friday, November 14th. Finally, Loop Capital set a $10.00 target price on Ondas in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $11.50.

Ondas Price Performance

The company has a 50-day moving average of $7.90 and a 200 day moving average of $5.98. The company has a market cap of $4.65 billion, a PE ratio of -30.90 and a beta of 2.40.

Ondas (NASDAQ:ONDS) last announced its earnings results on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%.The company had revenue of $10.10 million during the quarter, compared to analysts’ expectations of $7.04 million. Equities research analysts expect that Ondas Holdings Inc. will post -0.53 EPS for the current year.

Insider Buying and Selling

In related news, CFO Neil J. Laird sold 4,526 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $42,906.48. Following the completion of the transaction, the chief financial officer owned 8,224 shares in the company, valued at $77,963.52. The trade was a 35.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total value of $281,537.04. Following the completion of the sale, the director owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,406,605 shares of company stock worth $12,109,365 over the last three months. 1.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ondas

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in shares of Ondas by 109.9% during the third 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 in the last quarter. Hood River Capital Management LLC bought a new position in shares of Ondas during the 2nd quarter worth $14,479,000. AWM Investment Company Inc. purchased a new position in shares of Ondas during the second quarter valued at $11,123,000. Cresset Asset Management LLC lifted its stake in Ondas by 263.5% in the second quarter. Cresset Asset Management LLC now owns 4,667,874 shares of the company’s stock worth $8,962,000 after acquiring an additional 3,383,629 shares during the period. Finally, Two Sigma Investments LP grew 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 worth $35,267,000 after acquiring an additional 4,247,859 shares in the last quarter. 37.73% of the stock is currently owned by institutional investors.

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.