Ondas Holdings Inc. (NASDAQ:ONDS) Receives $10.43 Consensus Target Price from Analysts

Ondas Holdings Inc. (NASDAQ:ONDS) has earned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $10.4286.

A number of brokerages recently commented on ONDS. Loop Capital set a $10.00 price objective on shares of Ondas in a report on Wednesday, November 26th. Weiss Ratings reissued a “sell (e+)” rating on shares of Ondas in a research note on Monday. HC Wainwright began coverage on Ondas in a report on Monday, October 6th. They issued a “buy” rating and a $12.00 price target on the stock. Zacks Research cut Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Lake Street Capital lifted their target price on Ondas from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th.

Ondas Price Performance

NASDAQ:ONDS opened at $8.48 on Friday. The business’s 50-day simple moving average is $7.57 and its 200-day simple moving average is $5.57. Ondas has a fifty-two week low of $0.57 and a fifty-two week high of $11.70. The stock has a market capitalization of $3.17 billion, a PE ratio of -21.20 and a beta of 2.42.

Ondas (NASDAQ:ONDS) last posted its earnings results on Thursday, November 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%.The business had revenue of $10.10 million for the quarter, compared to the consensus estimate of $7.04 million. On average, research analysts expect that Ondas will post -0.53 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Richard M. Cohen sold 25,861 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $245,162.28. Following the completion of the transaction, the director owned 197,746 shares of the company’s stock, valued at approximately $1,874,632.08. This trade represents a 11.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 shares of Ondas stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $281,537.04. Following the completion of the sale, the director owned 175,631 shares in the company, valued at $1,664,981.88. The trade was a 14.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 931,605 shares of company stock valued at $7,497,115 over the last ninety days. Insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Ondas

Large investors have recently modified their holdings of the business. IFP Advisors Inc raised its holdings in Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock worth $32,000 after acquiring an additional 2,892 shares in the last quarter. Wexford Capital LP bought a new stake in shares of Ondas during the 3rd quarter worth approximately $67,000. HBK Sorce Advisory LLC bought a new stake in shares of Ondas during the 3rd quarter worth approximately $77,000. SG Americas Securities LLC bought a new stake in shares of Ondas during the 3rd quarter worth approximately $78,000. Finally, Shikiar Asset Management Inc. acquired a new stake in shares of Ondas in the 3rd quarter valued at approximately $85,000. 37.73% of the stock is currently owned by institutional investors and hedge funds.

About Ondas

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.