Shares of Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report) traded up 3.7% during mid-day trading on Friday . The stock traded as high as $9.64 and last traded at $9.24. 96,155,754 shares were traded during mid-day trading, an increase of 12% from the average session volume of 85,538,406 shares. The stock had previously closed at $8.91.
More Ondas News
Here are the key news stories impacting Ondas this week:
- Positive Sentiment: Ondas reported second-quarter revenue of approximately $83.8 million, more than 13 times higher than the prior-year period and above analysts’ expectations. The company raised its 2026 revenue outlook to $525 million-$550 million, citing broad demand and several programs expected to ramp in the second half. Ondas Posts Wider-Than-Expected Q2 Loss, Delivers Solid Revenue Growth
- Positive Sentiment: The company entered the second half with a reported $757 million backlog and strong order momentum, offering potential visibility for future revenue growth. Management also said it is working toward adjusted EBITDA profitability sooner than previously anticipated. Ondas Q2 Earnings Call Lifts Outlook and Profitability Timeline
- Positive Sentiment: Ondas won a multimillion-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense opportunity. Needham reaffirmed its Buy rating and set a $19 price target, implying substantial upside from recent trading levels.
- Positive Sentiment: Reports of a potential 100% tariff on foreign drones helped lift U.S.-focused drone stocks, including Ondas, by improving the perceived competitive position of domestic suppliers. Unusual Machines Soars, Red Cat Climbs, Ondas Gains on Trump’s Drone Tariff
- Neutral Sentiment: Unusually high call-option activity and elevated short interest may be amplifying volatility and supporting a speculative bullish trading setup, but these signals do not change the company’s underlying fundamentals.
- Negative Sentiment: Profitability remains a concern. Coverage highlighted a wider-than-expected quarterly loss and an adjusted EBITDA loss of approximately $50.6 million, which initially pressured the stock despite the improved revenue outlook.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on ONDS shares. Weiss Ratings downgraded Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $19.00 target price on shares of Ondas in a research note on Friday. Oppenheimer lifted their target price on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Friday. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Finally, LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $16.56.
Ondas Stock Performance
The business has a 50 day moving average price of $8.29 and a two-hundred day moving average price of $9.52. The stock has a market cap of $5.26 billion, a PE ratio of 230.75 and a beta of 2.72.
Ondas (NASDAQ:ONDS – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.10). The business had revenue of $83.77 million for the quarter, compared to analysts’ expectations of $67.97 million. Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. As a group, research analysts anticipate that Ondas Holdings Inc. will post -0.33 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total value of $98,300.00. Following the sale, the director owned 295,504 shares of the company’s stock, valued at $2,904,804.32. The trade was a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction of $71,250.00. Following the sale, the director directly owned 264,853 shares in the company, valued at $2,516,103.50. The trade was a 2.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,395,745 shares of company stock valued at $32,109,380 over the last ninety days. 1.67% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Ondas
A number of institutional investors and hedge funds have recently modified their holdings of ONDS. NFSG Corp lifted its stake in Ondas by 200.0% in the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after purchasing an additional 2,000 shares in the last quarter. Western Wealth Management LLC bought a new stake in Ondas during the first quarter worth about $28,000. EverSource Wealth Advisors LLC lifted its position in Ondas by 5,373.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock worth $28,000 after buying an additional 3,063 shares during the last quarter. AdvisorNet Financial Inc purchased a new position in shares of Ondas during the first quarter worth approximately $35,000. Finally, IFP Advisors Inc lifted its holdings in shares of Ondas by 231.4% in the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after acquiring an additional 2,892 shares during the last quarter. 37.73% of the stock is owned by hedge funds and other institutional investors.
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.
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