Ondas (NASDAQ:ONDS) Releases Earnings Results, Misses Estimates By $0.35 EPS

Ondas (NASDAQ:ONDS) announced its earnings results on Monday. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.35), FiscalAI reports. Ondas had a negative net margin of 192.60% and a negative return on equity of 35.16%. The business had revenue of $30.11 million during the quarter, compared to analyst estimates of $27.49 million.

Ondas Stock Up 1.1%

NASDAQ:ONDS opened at $10.18 on Monday. The firm has a market capitalization of $4.65 billion, a PE ratio of -25.41 and a beta of 2.47. The firm has a 50-day moving average price of $10.83 and a 200 day moving average price of $9.05. Ondas has a 12-month low of $0.66 and a 12-month high of $15.28.

Insiders Place Their Bets

In other Ondas news, CEO Eric A. Brock sold 475,000 shares of the stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total value of $4,612,250.00. Following the completion of the sale, the chief executive officer directly owned 1,461,255 shares in the company, valued at $14,188,786.05. This represents a 24.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.60% of the stock is owned by insiders.

Institutional Trading of Ondas

Institutional investors and hedge funds have recently made changes to their positions in the company. IFP Advisors Inc boosted its stake 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. Steward Partners Investment Advisory LLC grew its stake in Ondas by 1,005.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock valued at $43,000 after buying an additional 4,000 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its stake in shares of Ondas by 228.6% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock valued at $43,000 after purchasing an additional 3,063 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA purchased a new stake in shares of Ondas in the fourth quarter worth about $47,000. Finally, State of Wyoming bought a new stake in shares of Ondas during the 4th quarter valued at about $51,000. Institutional investors own 37.73% of the company’s stock.

Analyst Upgrades and Downgrades

ONDS has been the subject of several recent analyst reports. Stifel Nicolaus raised their target price on shares of Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Lake Street Capital upped their price target on shares of Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Glj Research set a $17.00 price target on Ondas in a research report on Tuesday, March 10th. Weiss Ratings restated a “sell (e+)” rating on shares of Ondas in a report on Monday, December 29th. Finally, HC Wainwright set a $17.00 target price on Ondas and gave the company a “buy” rating in a research note on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $16.25.

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.