Shares of Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report) traded up 7.8% during trading on Tuesday after Weiss Ratings upgraded the stock from a sell (d-) rating to a sell (d+) rating. The company traded as high as $10.26 and last traded at $9.77. 82,319,636 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 83,176,211 shares. The stock had previously closed at $9.06.
Several other research firms also recently commented on ONDS. Zacks Research upgraded Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a research report on Sunday. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Needham & Company LLC reiterated a “buy” rating and issued a $23.00 price objective on shares of Ondas in a research report on Tuesday, May 19th. Finally, HC Wainwright set a $17.00 price objective on Ondas and gave the company a “buy” rating in a research report on Tuesday, March 10th. One analyst has 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.25.
View Our Latest Research Report on ONDS
Insider Buying and Selling at Ondas
Institutional Investors Weigh In On Ondas
A number of institutional investors have recently made changes to their positions in ONDS. NFSG Corp grew its stake in Ondas by 200.0% in the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after acquiring an additional 2,000 shares during the period. Western Wealth Management LLC acquired a new position in shares of Ondas in the 1st quarter valued at approximately $28,000. EverSource Wealth Advisors LLC grew its position in shares of Ondas by 5,373.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after purchasing an additional 3,063 shares during the period. IFP Advisors Inc grew its position in shares of Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after purchasing an additional 2,892 shares during the period. Finally, AdvisorNet Financial Inc acquired a new position in shares of Ondas in the 1st quarter valued at approximately $35,000. 37.73% of the stock is owned by institutional investors and hedge funds.
Ondas Stock Performance
The company has a 50-day moving average of $9.85 and a 200-day moving average of $9.82. The firm has a market capitalization of $6.65 billion, a price-to-earnings ratio of 331.25 and a beta of 2.56.
Ondas (NASDAQ:ONDS – Get Free Report) last issued its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. The business had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million. As a group, analysts anticipate that Ondas Holdings Inc. will post -0.28 EPS for the current fiscal year.
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.
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