Ondas (NASDAQ:ONDS) Trading Up 10.5% – What’s Next?

Ondas Holdings Inc. (NASDAQ:ONDS)’s share price rose 10.5% during mid-day trading on Wednesday . The stock traded as high as $11.06 and last traded at $10.80. Approximately 91,779,681 shares were traded during trading, an increase of 10% from the average daily volume of 83,268,359 shares. The stock had previously closed at $9.77.

Key Stories Impacting Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas said it secured more than $30 million in new orders during May, bringing its quarter-to-date orders to over $110 million across defense, security, and autonomous technology businesses, signaling strong demand and execution. Ondas Secures Over $30 Million in New Orders in May, Bringing Q2-to-Date Orders to $110+ Million Across Its Defense, Security and Autonomous Technology Platform
• Positive Sentiment: Reports that the Pentagon is pushing “drone dominance” and may back domestic drone makers have sparked a sector-wide rally, with Ondas seen as a likely beneficiary. Pentagon ‘drone dominance’ push sends Ondas shares surging
• Positive Sentiment: Oppenheimer reiterated a “buy” rating on Ondas, helping extend bullish sentiment after the stock’s sharp recent move. Ondas Inc (ONDS) Soars 22.7% as Oppenheimer Issues ‘Buy’ Call Anew
• Neutral Sentiment: Unusually heavy call option trading suggests traders are betting on further upside, but it does not change the company’s fundamentals by itself. Ondas Sees Unusually High Options Volume (NASDAQ:ONDS)
• Neutral Sentiment: Commentary pieces highlighted Ondas as a defense-drone play and discussed valuation upside, but these were largely narrative-driven rather than new operational developments. Ondas Expands Defense AI With Omnisys Deal And Valuation Upside Potential

Analyst Upgrades and Downgrades

ONDS has been the topic of several recent analyst reports. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Wednesday, May 6th. Zacks Research upgraded shares of Ondas from a “strong sell” rating to a “hold” rating in a report on Monday. Northland Securities lifted their price target on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. Glj Research set a $17.00 price target on shares of Ondas in a report on Tuesday, March 10th. Finally, Wall Street Zen cut shares of Ondas from a “hold” rating to a “sell” rating in a research report on Sunday, May 24th. One investment analyst has 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $17.25.

Ondas Stock Performance

The company has a 50-day moving average of $9.85 and a 200-day moving average of $9.82. The firm has a market capitalization of $6.65 billion, a price-to-earnings ratio of 334.03 and a beta of 2.56.

Ondas (NASDAQ:ONDS) last announced its earnings results on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The company had revenue of $30.11 million for the quarter, compared to analyst estimates of $27.49 million. Ondas had a negative return on equity of 14.17% and a net margin of 247.85%. As a group, analysts anticipate that Ondas Holdings Inc. will post -0.28 EPS for the current fiscal year.

Insider Buying and Selling at Ondas

In other Ondas news, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the sale, the director owned 295,504 shares of the company’s stock, valued at $2,904,804.32. This trade represents a 3.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of the business’s stock in a transaction dated 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 sale, the director owned 264,853 shares in the company, valued at approximately $2,516,103.50. This trade represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ondas

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Van ECK Associates Corp acquired a new position in Ondas during the 4th quarter worth approximately $71,202,000. Vanguard Group Inc. raised its holdings in shares of Ondas by 109.9% in the third quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after purchasing an additional 7,024,549 shares during the last quarter. Two Sigma Investments LP lifted its position in shares of Ondas by 1,325.9% in the third quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after purchasing an additional 4,247,859 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Ondas in the fourth quarter worth $33,473,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Ondas by 9,274.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,466,373 shares of the company’s stock worth $33,832,000 after purchasing an additional 3,429,398 shares during the last quarter. Institutional investors and hedge funds 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.