Ondas (NASDAQ:ONDS) Trading Down 6.6% – Should You Sell?

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) fell 6.6% during mid-day trading on Wednesday . The company traded as low as $13.02 and last traded at $12.9710. 15,167,631 shares changed hands during trading, a decline of 86% from the average session volume of 105,494,172 shares. The stock had previously closed at $13.89.

Ondas News Summary

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Raised FY‑2026 revenue outlook to $170M–$180M, above Street estimates — a clear growth signal that pushed early buying interest. Article Title
• Positive Sentiment: Hosted OAS Investor Day and announced preliminary 2025 results plus upgraded FY‑25 and Q4 revenue guidance; company cited a pro‑forma cash balance around $1.5B — supports execution and funding for growth. Article Title
• Neutral Sentiment: Corporate housekeeping: the company filed to rebrand/rename itself to Ondas Inc., a structural change that is largely cosmetic but may accompany strategic repositioning. Article Title
• Negative Sentiment: Market concern over a proposed ~$1B direct offering and reports of ~15% increase in shares outstanding — investors worry about dilution; heavy insider selling in recent months amplifies that concern. Article Title
• Negative Sentiment: Elevated intraday volume and volatility after the guidance release — profit‑taking and short‑term positioning have driven a pullback from session highs. Article Title

Wall Street Analyst Weigh In

ONDS has been the subject of a number of recent research reports. Needham & Company LLC boosted their price target on shares of Ondas from $10.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research report on Thursday, December 18th. Stifel Nicolaus increased their price target on shares of Ondas from $13.00 to $17.00 and gave the company a “buy” rating in a research report on Monday. Lake Street Capital lifted their price objective on shares of Ondas from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Ondas has a consensus rating of “Moderate Buy” and a consensus target price of $12.17.

Ondas Trading Down 5.1%

The firm has a market capitalization of $4.69 billion, a P/E ratio of -30.40 and a beta of 2.40. The business has a 50 day moving average of $9.04 and a 200-day moving average of $6.57.

Ondas (NASDAQ:ONDS) last announced its earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share 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 analyst estimates of $7.04 million. On average, analysts anticipate that Ondas Holdings Inc. will post -0.53 EPS for the current fiscal year.

Insider Transactions at Ondas

In other Ondas news, Director Randy Seidl sold 21,520 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $204,009.60. Following the sale, the director directly owned 212,470 shares of the company’s stock, valued at $2,014,215.60. The trade was a 9.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jaspreet K. Sood sold 29,698 shares of the company’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $281,537.04. Following the completion of the sale, the director directly owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,406,605 shares of company stock worth $12,109,365. 1.60% of the stock is owned by insiders.

Institutional Trading of Ondas

Several hedge funds have recently added to or reduced their stakes in the company. Quadrature Capital Ltd acquired a new stake in Ondas during the 2nd quarter worth about $705,000. Arkadios Wealth Advisors acquired a new position in shares of Ondas in the 2nd quarter valued at about $144,000. XTX Topco Ltd boosted its position in shares of Ondas by 2,796.2% during the 2nd quarter. XTX Topco Ltd now owns 853,568 shares of the company’s stock valued at $1,639,000 after purchasing an additional 824,096 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Ondas by 444.4% during the first quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock worth $120,000 after purchasing an additional 91,732 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Ondas in the second quarter worth approximately $151,000. 37.73% of the stock is owned by institutional investors and hedge funds.

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.