Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report) shares were up 4.6% during mid-day trading on Tuesday . The company traded as high as $9.75 and last traded at $9.74. Approximately 73,494,539 shares were traded during mid-day trading, a decline of 14% from the average session volume of 85,204,141 shares. The stock had previously closed at $9.31.
Key Headlines Impacting Ondas
Here are the key news stories impacting Ondas this week:
- Positive Sentiment: Ondas was selected to build Israel’s next-generation “Digital Bat” tactical attack-drone platform. The multi-million-dollar program is designed to deliver low-cost, software-enabled unmanned attack capabilities for the Israeli Ministry of Defense and could strengthen Ondas’ position in the growing defense-drone market. Ondas Selected to Build Israel’s Next Generation of Military Tactical Attack Drones
- Positive Sentiment: Management characterized the Israeli award as evidence of a fundamental shift toward rapidly deployable, scalable defense systems. The program’s priorities are similar to those behind the U.S. Drone Dominance Program, potentially supporting Ondas’ future government-contract pipeline. ONDS Wins Digital Bat Israel Drone Tender
- Positive Sentiment: Roth Capital initiated coverage with a Buy rating and a $13 price target, providing a bullish third-party view of Ondas’ growth prospects.
- Positive Sentiment: Ondas completed its acquisition of Cyberhawk, adding AI-powered drone inspection, visual-data management, and asset-analytics capabilities. The deal expands the company’s exposure to critical infrastructure and industrial inspection markets while adding software and international customer relationships. Ondas Completes Acquisition of Cyberhawk
- Positive Sentiment: Ondas also reportedly won a counter-drone contract to help protect the Jacksonville Jaguars’ EverBank Stadium, adding a visible commercial security deployment for its autonomous defense technology. Ondas Wins NFL Counter-Drone Deal
- Neutral Sentiment: Analysts expect strong revenue growth ahead of second-quarter results, supported by defense demand and recent acquisitions. However, investors remain focused on whether Ondas can integrate acquired businesses, control costs, and convert its expanding pipeline into sustainable profits. Key Insights Ahead of Q2 Earnings
Analyst Ratings Changes
A number of brokerages have recently commented on ONDS. Weiss Ratings cut shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Needham & Company LLC decreased their price target on shares of Ondas from $23.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Roth Capital initiated coverage on shares of Ondas in a research note on Tuesday. They issued a “buy” rating and a $13.00 price target for the company. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen lowered shares of Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $16.33.
Ondas Stock Performance
The company has a market cap of $5.55 billion, a P/E ratio of 243.50 and a beta of 2.72. The stock has a 50-day moving average of $8.47 and a two-hundred day moving average of $9.59.
Insider Transactions at Ondas
In other 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 completion of the transaction, the director owned 295,504 shares of the company’s stock, valued at $2,904,804.32. The trade was a 3.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Eric A. Brock sold 2,378,245 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total transaction of $31,939,830.35. Following the completion of the transaction, the chief executive officer owned 3,583,010 shares in the company, valued at approximately $48,119,824.30. The trade was a 39.90% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 2,395,745 shares of company stock valued at $32,109,380. Insiders own 1.67% of the company’s stock.
Institutional Trading of Ondas
Institutional investors and hedge funds have recently bought and sold shares of the company. NFSG Corp raised its holdings in Ondas by 200.0% in the first quarter. NFSG Corp now owns 3,000 shares of the company’s stock worth $27,000 after buying an additional 2,000 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of Ondas in the first quarter worth approximately $28,000. EverSource Wealth Advisors LLC grew its holdings in shares of Ondas by 5,373.7% during the first quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company’s stock valued at $28,000 after buying an additional 3,063 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Ondas by 231.4% during the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after buying an additional 2,892 shares during the last quarter. Finally, AdvisorNet Financial Inc bought a new stake in shares of Ondas during the first quarter valued at approximately $35,000. 37.73% of the stock is currently owned by institutional investors.
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.
See Also
- Five stocks we like better than Ondas
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Ondas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ondas and related companies with MarketBeat.com's FREE daily email newsletter.
