Ondas (NASDAQ:ONDS) Trading 8.3% Higher – Time to Buy?

Shares of Ondas Holdings Inc. (NASDAQ:ONDS) were up 8.3% during trading on Monday . The stock traded as high as $10.97 and last traded at $10.90. Approximately 91,212,576 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 99,030,133 shares. The stock had previously closed at $10.06.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on ONDS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a report on Monday, December 29th. Loop Capital set a $10.00 price target on Ondas in a research report on Wednesday, November 26th. Needham & Company LLC reiterated a “buy” rating and set a $17.00 price objective on shares of Ondas in a research note on Tuesday, March 10th. Lake Street Capital boosted their price objective on Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Glj Research set a $17.00 target price on Ondas in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ondas currently has an average rating of “Moderate Buy” and an average target price of $16.25.

Ondas Stock Performance

The firm’s 50 day moving average is $10.83 and its 200-day moving average is $9.05. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of -27.25 and a beta of 2.47.

Ondas (NASDAQ:ONDS) last released its quarterly earnings results on Wednesday, March 25th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.35). Ondas had a negative net margin of 192.60% and a negative return on equity of 35.16%. The firm had revenue of $30.11 million for the quarter, compared to analyst estimates of $27.49 million. As a group, sell-side analysts forecast that Ondas Holdings Inc. will post -0.53 earnings per share for the current year.

Insider Activity at Ondas

In related news, CEO Eric A. Brock sold 475,000 shares of Ondas stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total value of $4,612,250.00. Following the completion of the transaction, the chief executive officer owned 1,461,255 shares in the company, valued at $14,188,786.05. The trade was a 24.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is owned by company insiders.

Institutional Trading of Ondas

Institutional investors have recently bought and sold shares of the business. IFP Advisors Inc increased its position in shares of Ondas by 231.4% in 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 in the last quarter. Avion Wealth lifted its position in shares of Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after buying an additional 2,000 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its position in shares of Ondas by 228.6% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock valued at $43,000 after buying an additional 3,063 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Ondas by 1,005.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock valued at $43,000 after acquiring an additional 4,000 shares during the period. Finally, American Capital Advisory LLC increased its holdings in Ondas by 4,600.0% in the 4th quarter. American Capital Advisory LLC now owns 4,700 shares of the company’s stock worth $46,000 after acquiring an additional 4,600 shares in the last quarter. 37.73% of the stock is owned by institutional investors and hedge funds.

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.