Ondas (NASDAQ:ONDS) Shares Up 4.6% After Analyst Upgrade

Ondas Holdings Inc. (NASDAQ:ONDS) shares shot up 4.6% during trading on Tuesday after Roth Capital upgraded the stock to a strong-buy rating. The company traded as high as $9.75 and last traded at $9.74. 73,494,539 shares changed hands during trading, a decline of 14% from the average daily volume of 85,204,141 shares. The stock had previously closed at $9.31.

Several other equities research analysts have also commented on the stock. Weiss Ratings lowered shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Needham & Company LLC dropped their target price on shares of Ondas from $23.00 to $19.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Zacks Research upgraded shares of Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen lowered shares of Ondas from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. Two 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 assigned a Sell rating to the company. Based on data from MarketBeat, Ondas currently has a consensus rating of “Moderate Buy” and an average target price of $16.33.

Insider Activity

In related news, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the sale, the director owned 264,853 shares of the company’s stock, valued at $2,516,103.50. This trade represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 sale, the chief executive officer owned 3,583,010 shares of the company’s stock, valued at approximately $48,119,824.30. This represents a 39.90% decrease in their position. 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 have sold 2,395,745 shares of company stock worth $32,109,380 over the last three months. 1.67% of the stock is currently owned by corporate insiders.

Key Ondas News

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas reported quarterly revenue of $83.77 million, well above the $67.97 million analyst consensus. Management also raised its 2026 revenue outlook to approximately $550 million and said it expects sustained momentum in its drone and counter-drone businesses. ONDS stock drops after earnings – CEO expects sustained momentum, raises 2026 revenue outlook to $550M
• Positive Sentiment: The company won a multi-million-dollar Israeli defense tender for next-generation tactical attack drones. The award expands Ondas’ international defense presence and supports management’s view that global defense priorities are shifting toward autonomous systems. Ondas wins Israeli defense tender for next-generation tactical attack drones
• Positive Sentiment: Roth Capital began coverage with a “strong-buy” rating, adding a bullish analyst view as Ondas benefits from growing defense orders. Roth Capital begins coverage on Ondas
• Neutral Sentiment: High short-interest reports and recent strong gains could increase volatility, potentially creating short-covering support but also leaving the stock vulnerable to profit-taking if results disappoint.
• Negative Sentiment: Ondas reported a quarterly loss of approximately $0.19 per share, wider than the roughly $0.09 consensus loss. The company also posted an adjusted EBITDA loss of $50.6 million, reinforcing concerns about cash usage, operating costs and the path to profitability. Trends making noise on Wall Street today

Hedge Funds Weigh In On Ondas

Institutional investors have recently modified their holdings of the company. NFSG Corp boosted its position in Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after acquiring an additional 2,000 shares during the last quarter. Western Wealth Management LLC acquired a new position in Ondas in the 1st quarter valued at $28,000. EverSource Wealth Advisors LLC lifted its stake in shares of Ondas by 5,373.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock worth $28,000 after purchasing an additional 3,063 shares during the period. IFP Advisors Inc lifted its stake in shares of Ondas by 231.4% during the 3rd quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after purchasing an additional 2,892 shares during the period. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Ondas during the first quarter worth $35,000. Institutional investors and hedge funds own 37.73% of the company’s stock.

Ondas Price Performance

The firm has a market cap of $5.08 billion, a PE ratio of 222.75 and a beta of 2.72. The stock has a 50-day moving average price of $8.35 and a 200 day moving average price of $9.55.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.10). The business had revenue of $83.77 million during the quarter, compared to analyst estimates of $67.97 million. Ondas had a negative return on equity of 14.17% and a net margin of 247.85%. As a group, equities research analysts anticipate that Ondas Holdings Inc. will post -0.33 earnings per share for the current year.

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.