Traders Purchase Large Volume of Ondas Call Options (NASDAQ:ONDS)

Posted by Stanley Muller on Aug 15th, 2026

Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report) was the target of unusually large options trading on Thursday. Traders acquired 299,121 call options on the stock. This represents an increase of 52% compared to the average daily volume of 196,580 call options.

More Ondas News

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

Insider Buying and Selling at Ondas

In other news, Director Richard M. Cohen sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the completion of the transaction, the director owned 264,853 shares in the company, valued at $2,516,103.50. This trade represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Eric A. Brock sold 2,378,245 shares of Ondas stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total value of $31,939,830.35. Following the completion of the sale, the chief executive officer directly owned 3,583,010 shares in the company, valued at $48,119,824.30. This trade represents a 39.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 2,395,745 shares of company stock valued at $32,109,380 in the last 90 days. Insiders own 1.67% of the company’s stock.

Hedge Funds Weigh In On Ondas

Several hedge funds and other institutional investors have recently bought and sold shares of the company. CloudAlpha Capital Management Limited Hong Kong acquired a new position in Ondas in the fourth quarter valued at $6,734,000. CI Investments Inc. purchased a new position in shares of Ondas in the 1st quarter worth $4,255,000. The Manufacturers Life Insurance Company raised its holdings in shares of Ondas by 664.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 129,481 shares of the company’s stock worth $1,171,000 after purchasing an additional 112,534 shares during the period. Oddo BHF Asset Management Sas purchased a new position in shares of Ondas in the 1st quarter worth about $5,000,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Ondas in the 4th quarter valued at about $1,052,000. 37.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. Weiss Ratings lowered Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Wall Street Zen cut Ondas from a “sell” rating to a “strong sell” rating in a research report on Saturday. Oppenheimer increased their target price on Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $16.56.

Check Out Our Latest Analysis on ONDS

Ondas Price Performance

Shares of ONDS stock traded up $0.32 during trading hours on Friday, hitting $9.23. The company had a trading volume of 96,373,105 shares, compared to its average volume of 105,324,568. The stock has a market capitalization of $5.26 billion, a PE ratio of -131.86 and a beta of 2.72. The company’s fifty day moving average is $8.27 and its 200 day moving average is $9.52. Ondas has a fifty-two week low of $3.20 and a fifty-two week high of $15.28.

Ondas (NASDAQ:ONDS – Get Free Report) last announced its quarterly earnings data 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). Ondas had a net margin of 93.55% and a negative return on equity of 19.02%. The company had revenue of $83.77 million during the quarter, compared to analyst estimates of $67.97 million. Equities analysts forecast that Ondas will post -0.33 earnings per share for the current year.

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.