Ondas (NASDAQ:ONDS) Trading 7.8% Higher – Should You Buy?

Ondas Holdings Inc. (NASDAQ:ONDS) shares traded up 7.8% on Tuesday . The company traded as high as $10.26 and last traded at $9.77. 82,319,636 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 83,176,211 shares. The stock had previously closed at $9.06.

Analyst Ratings Changes

ONDS has been the topic of several analyst reports. Weiss Ratings raised shares of Ondas from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, April 21st. Needham & Company LLC restated a “buy” rating and set a $23.00 target price on shares of Ondas in a research note on Tuesday, May 19th. Zacks Research lowered shares of Ondas from a “hold” rating to a “strong sell” rating in a research report on Friday, March 27th. Glj Research set a $17.00 target price on shares of Ondas in a report on Tuesday, March 10th. Finally, HC Wainwright set a $17.00 target price on shares of Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $17.25.

Ondas Price Performance

The company has a market capitalization of $4.84 billion, a P/E ratio of 244.25 and a beta of 2.56. The business has a 50-day moving average of $9.82 and a 200-day moving average of $9.70.

Ondas (NASDAQ:ONDS) last released its earnings results 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 business had revenue of $30.11 million for the quarter, compared to the consensus estimate of $27.49 million. Ondas had a negative return on equity of 14.17% and a net margin of 247.85%. Sell-side analysts predict 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 transaction, the director owned 295,504 shares in the company, valued at $2,904,804.32. The trade was a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of Ondas 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 transaction, the director owned 264,853 shares in the company, valued at $2,516,103.50. This trade represents a 2.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ondas

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Ondas by 39.9% in the fourth quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock valued at $183,167,000 after acquiring an additional 5,351,725 shares during the period. Van ECK Associates Corp purchased a new position in shares of Ondas during the 4th quarter worth $71,202,000. State Street Corp grew its holdings in shares of Ondas by 130.2% during the 4th quarter. State Street Corp now owns 5,162,151 shares of the company’s stock worth $50,383,000 after purchasing an additional 2,920,071 shares during the period. Two Sigma Investments LP lifted its stake in Ondas by 1,325.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company’s stock worth $35,267,000 after acquiring an additional 4,247,859 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Ondas by 22.3% in the 4th quarter. Geode Capital Management LLC now owns 4,255,992 shares of the company’s stock valued at $41,558,000 after purchasing an additional 774,862 shares in 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.