Ondas (NASDAQ:ONDS) Receives “Buy” Rating from Needham & Company LLC

Posted by Geri Gentry on Aug 15th, 2026

Needham & Company LLC reiterated their buy rating on shares of Ondas (NASDAQ:ONDS – Free Report) in a research note published on Friday morning,Benzinga reports. The brokerage currently has a $19.00 price target on the stock.

Other equities analysts have also issued reports about the company. Wall Street Zen lowered Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. Roth Capital began coverage on shares of Ondas in a research note on Tuesday. They set a “buy” rating and a $13.00 target price on the stock. Zacks Research upgraded shares of Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Weiss Ratings lowered shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Finally, LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.56.

Read Our Latest Stock Report on ONDS

Ondas Stock Up 3.6%

Shares of NASDAQ ONDS opened at $9.23 on Friday. The company has a market capitalization of $5.26 billion, a PE ratio of -131.86 and a beta of 2.72. Ondas has a twelve month low of $3.20 and a twelve month high of $15.28. The firm has a fifty day simple moving average of $8.27 and a 200 day simple moving average of $9.52.

Ondas (NASDAQ:ONDS – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.10). The business had revenue of $83.77 million for the quarter, compared to analyst estimates of $67.97 million. Ondas had a negative return on equity of 19.02% and a net margin of 93.55%. As a group, equities analysts expect that Ondas will post -0.33 earnings per share for the current fiscal year.

Insider Activity at Ondas

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction dated 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 sale, the director owned 264,853 shares in the company, valued at approximately $2,516,103.50. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total transaction of $98,300.00. Following the transaction, the director directly owned 295,504 shares in the company, valued at approximately $2,904,804.32. This represents a 3.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,395,745 shares of company stock valued at $32,109,380 over the last ninety days. Corporate insiders own 1.67% of the company’s stock.

Institutional Trading of Ondas

A number of hedge funds have recently bought and sold shares of the business. NFSG Corp increased its position in shares of Ondas by 200.0% during the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after purchasing an additional 2,000 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of Ondas in the 1st quarter worth about $28,000. EverSource Wealth Advisors LLC boosted its holdings 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 worth $28,000 after buying an additional 3,063 shares during the last quarter. IFP Advisors Inc grew its position in Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after buying an additional 2,892 shares during the period. Finally, AdvisorNet Financial Inc bought a new position in Ondas during the first quarter valued at about $35,000. 37.73% of the stock is currently owned by institutional investors.

Ondas News Roundup

Here are the key news stories impacting Ondas this week:

Positive Sentiment: Ondas raised its 2026 revenue forecast to $525 million-$550 million, up from its previous outlook, and said it is working to convert a $757 million backlog into revenue. Management also indicated that adjusted EBITDA profitability could arrive sooner as major programs ramp. Ondas Q2 Earnings Call Lifts Outlook and Profitability Timeline
Positive Sentiment: Second-quarter revenue increased more than 13-fold year over year to approximately $83.8 million, exceeding the roughly $68 million consensus estimate. The company cited strong order momentum and several programs expected to accelerate growth in the second half of 2026. Ondas Posts Wider-Than-Expected Q2 Loss, Delivers Solid Revenue Growth
Positive Sentiment: Ondas won a multi-million-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense opportunity. Needham reaffirmed its Buy rating and maintained a $19 price target, well above the referenced trading level. Ondas Wins Israeli Defense Tender for Next-Gen Tactical Attack Drones
Neutral Sentiment: Unusually heavy call-option buying and short interest near 40% could amplify volatility and create the potential for additional momentum, but these signals do not change the company’s fundamentals.
Negative Sentiment: Despite the revenue beat and higher guidance, quarterly losses were wider than expected. Reports cited an adjusted EBITDA loss of approximately $50.6 million, highlighting ongoing execution and profitability risks. The stock’s elevated valuation also leaves it sensitive to disappointment. Trends Making Noise on Wall Street Today

Ondas Company Profile

(Get Free Report)

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.