Ondas (NASDAQ:ONDS) Stock Price Down 8.7% – Here’s Why

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price traded down 8.7% during trading on Monday . The company traded as low as $9.46 and last traded at $9.70. 78,031,525 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 84,424,133 shares. The stock had previously closed at $10.62.

Trending Headlines about Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas announced the purchase of Omnisys, a defense software firm that should add AI battlefield orchestration capabilities and strengthen its autonomous defense platform. Ondas Acquires Omnisys to Boost AI Battlefield Capabilities
• Positive Sentiment: Northland Securities initiated a Buy rating on ONDS, reinforcing the view that the company’s defense-tech strategy and growth trajectory may still have room to run. Ondas (ONDS) Gets a Buy from Northland Securities
• Positive Sentiment: Needham reaffirmed its Buy rating and set a $23 price target, signaling confidence in continued upside after the company’s recent operating momentum. Benzinga report on Needham rating
• Positive Sentiment: Recent reporting says Ondas revenue has increased 12-fold thanks to Israeli acquisitions, suggesting the company’s M&A strategy is materially accelerating growth. Israeli acquisitions help boost Ondas revenue 12-fold
• Neutral Sentiment: Analysts now describe ONDS as a Moderate Buy, indicating broadly positive sentiment but not unanimous conviction. Ondas Holdings Inc. Receives Consensus Recommendation of Moderate Buy from Analysts
• Neutral Sentiment: Commentary around Ondas’ “transformational” Q1 profit surge and faster path to EBITDA profitability is supporting the bull case, but investors are still watching execution closely. Assessing Ondas Valuation After Transformational Q1 2026 Profit Surge
• Negative Sentiment: One cautionary note is that Ondas is still funding aggressive expansion, and some coverage questions whether it can meet its updated profitability timeline without higher costs pressuring results. Ondas Pulls Forward OAS EBITDA Profitability Target

Analyst Ratings Changes

ONDS has been the topic of several recent research reports. Glj Research set a $17.00 target price on shares of Ondas in a research note on Tuesday, March 10th. Wall Street Zen upgraded Ondas from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Research downgraded Ondas from a “hold” rating to a “strong sell” rating in a report on Friday, March 27th. Weiss Ratings raised Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, April 21st. Finally, LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $17.25.

Ondas Trading Up 2.5%

The stock has a market capitalization of $4.64 billion, a PE ratio of 234.00 and a beta of 2.56. The firm has a 50 day moving average of $9.88 and a two-hundred day moving average of $9.62.

Ondas (NASDAQ:ONDS) last released its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The firm had revenue of $30.11 million during the quarter, compared to analysts’ expectations of $27.49 million. Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. Equities research analysts forecast that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Hedge Funds Weigh In On Ondas

Several hedge funds have recently bought and sold shares of ONDS. Beaird Harris Wealth Management LLC grew its position in shares of Ondas by 3.8% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company’s stock valued at $266,000 after purchasing an additional 1,000 shares during the period. State of Wyoming grew its position in shares of Ondas by 31.5% in the first quarter. State of Wyoming now owns 6,809 shares of the company’s stock valued at $62,000 after purchasing an additional 1,631 shares during the period. Avion Wealth grew its position in shares of Ondas by 100.0% in the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after purchasing an additional 2,000 shares during the period. NFSG Corp grew its position in shares of 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 purchasing an additional 2,000 shares during the period. Finally, IFP Advisors Inc grew 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 purchasing an additional 2,892 shares during the period. Hedge funds and other institutional investors own 37.73% of the company’s stock.

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.