Ondas (NASDAQ:ONDS) Trading 4.2% Higher – Should You Buy?

Ondas Holdings Inc. (NASDAQ:ONDSGet Free Report)’s stock price was up 4.2% on Friday . The company traded as high as $9.14 and last traded at $9.11. Approximately 72,323,522 shares were traded during trading, a decline of 15% from the average session volume of 85,278,172 shares. The stock had previously closed at $8.74.

More Ondas News

Here are the key news stories impacting Ondas this week:

  • Positive Sentiment: Ondas was selected to provide advanced counter-drone protection for Jacksonville Jaguars NFL games, expanding the commercial and public-safety applications for its autonomous security technology. Ondas Selected to Provide Advanced Counter-Drone Protection for Jacksonville Jaguars NFL Games
  • Positive Sentiment: The company secured a more than $50 million U.S. Army order under Mistral’s $982 million indefinite-delivery, indefinite-quantity contract. The award improves production visibility and strengthens Ondas’ position in the defense market. Ondas Bags Over $50M U.S. Army Order, Expands Defense Footprint
  • Positive Sentiment: Ondas announced a more than $6 million Air Force Research Laboratory contract for DZYNE’s Long-Range Grasshopper autonomous aerial delivery system. The award advances a runway-independent logistics platform now integrated into Ondas Sentinel following the DZYNE acquisition, adding to the company’s defense pipeline. Ondas Announces New Air Force Research Laboratory Contract Award
  • Neutral Sentiment: Analysts collectively assigned Ondas an average “Moderate Buy” rating, indicating constructive sentiment but not a uniformly strong recommendation. Ondas Holdings Given Average Moderate Buy Rating
  • Neutral Sentiment: ONDS had gained roughly 21% over the prior month as acquisitions and new orders improved its outlook, but the stock’s elevated valuation and execution demands could limit further upside. Ondas Stock Gains 21% in a Month
  • Negative Sentiment: Pre-earnings analysis suggests Ondas may lack the earnings and estimate-revision factors typically associated with a likely earnings beat. Profitability remains a key investor concern ahead of the report. Ondas Earnings Outlook

Analysts Set New Price Targets

A number of brokerages have issued reports on ONDS. Weiss Ratings lowered Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Needham & Company LLC lowered their price target on Ondas from $23.00 to $19.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Wall Street Zen cut Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ondas has a consensus rating of “Moderate Buy” and a consensus target price of $16.75.

View Our Latest Analysis on Ondas

Ondas Stock Performance

The firm’s 50 day moving average is $8.55 and its two-hundred day moving average is $9.63. The stock has a market capitalization of $5.19 billion, a PE ratio of 227.75 and a beta of 2.72.

Insiders Place Their Bets

In other Ondas news, Director Richard M. Cohen sold 7,500 shares of the business’s stock in a transaction on 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 transaction, the director owned 264,853 shares in the company, valued at $2,516,103.50. The trade was a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Randy Seidl sold 10,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total value of $98,300.00. Following the completion of the sale, the director owned 295,504 shares in the company, valued at approximately $2,904,804.32. The trade was a 3.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,395,745 shares of company stock worth $32,109,380 over the last 90 days. Corporate insiders own 1.67% of the company’s stock.

Institutional Investors Weigh In On Ondas

A number of hedge funds have recently bought and sold shares of the stock. Van ECK Associates Corp acquired a new stake in Ondas in the fourth quarter valued at approximately $71,202,000. Vanguard Group Inc. grew its holdings in Ondas by 39.9% during the 4th quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock worth $183,167,000 after acquiring an additional 5,351,725 shares in the last quarter. Two Sigma Investments LP increased its position in shares of Ondas by 1,325.9% in the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock valued at $35,267,000 after purchasing an additional 4,247,859 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Ondas in the 4th quarter valued at approximately $33,473,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of Ondas by 9,274.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,466,373 shares of the company’s stock valued at $33,832,000 after purchasing an additional 3,429,398 shares in the last quarter. Institutional investors and hedge funds own 37.73% of the company’s stock.

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.

Further Reading

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