Royal Bank of Canada Buys 236,782 Shares of Ondas Holdings Inc. $ONDS

Key Points

• Royal Bank of Canada increased its Ondas Holdings stake by 160.1%, purchasing 236,782 additional shares to own 384,656 shares valued at approximately $3.48 million. Institutional investors collectively own 37.73% of the company.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and an average price target of $16.56; individual targets range as high as $18.
• Ondas reported quarterly revenue of $83.77 million, beating estimates, but its $0.19-per-share loss was wider than expected. The stock opened at $9.23, while recent insider selling and continued profitability risks remain concerns.

Royal Bank of Canada boosted its stake in Ondas Holdings Inc. (NASDAQ:ONDS - Free Report) by 160.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 384,656 shares of the company's stock after purchasing an additional 236,782 shares during the period. Royal Bank of Canada owned approximately 0.08% of Ondas worth $3,477,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Beaird Harris Wealth Management LLC grew its holdings in shares of Ondas by 3.8% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company's stock worth $266,000 after acquiring an additional 1,000 shares during the period. State of Wyoming increased its position in Ondas by 31.5% during the first quarter. State of Wyoming now owns 6,809 shares of the company's stock valued at $62,000 after acquiring an additional 1,631 shares during the last quarter. NFSG Corp lifted its holdings in Ondas by 200.0% in the first quarter. NFSG Corp now owns 3,000 shares of the company's stock valued at $27,000 after acquiring an additional 2,000 shares during the period. IFP Advisors Inc lifted its holdings in Ondas by 231.4% in the third quarter. IFP Advisors Inc now owns 4,142 shares of the company's stock valued at $32,000 after acquiring an additional 2,892 shares during the period. Finally, Global Retirement Partners LLC boosted its position in Ondas by 30.0% in the fourth quarter. Global Retirement Partners LLC now owns 13,000 shares of the company's stock worth $127,000 after purchasing an additional 3,000 shares during the last quarter. 37.73% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ONDS shares. Roth Capital initiated coverage on Ondas in a research note on Tuesday. They set a "buy" rating and a $13.00 price target for the company. Zacks Research upgraded shares of Ondas from a "strong sell" rating to a "hold" rating in a research note on Monday, May 25th. Oppenheimer raised their price objective on shares of Ondas from $16.00 to $18.00 and gave the stock an "outperform" rating in a report on Friday. Wall Street Zen downgraded shares of Ondas from a "sell" rating to a "strong sell" rating in a report on Saturday. Finally, LADENBURG THALM/SH SH upgraded shares of Ondas to a "strong-buy" rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.56.

Ondas Stock Performance

Shares of Ondas stock opened at $9.23 on Friday. The stock has a market cap of $5.26 billion, a P/E ratio of -131.86 and a beta of 2.72. The stock's fifty day moving average is $8.27 and its 200 day moving average is $9.52. Ondas Holdings Inc. has a one year low of $3.20 and a one year high of $15.28.

Ondas (NASDAQ:ONDS - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.10). Ondas had a net margin of 93.55% and a negative return on equity of 19.02%. The company had revenue of $83.77 million for the quarter, compared to the consensus estimate of $67.97 million. Analysts predict that Ondas Holdings Inc. will post -0.33 EPS for the current year.

More Ondas News

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas raised its 2026 revenue forecast to $525 million-$550 million, up from its previous outlook, and said it is working to convert a $757 million backlog into revenue. Management also indicated that adjusted EBITDA profitability could arrive sooner as major programs ramp. Ondas Q2 Earnings Call Lifts Outlook and Profitability Timeline
• Positive Sentiment: Second-quarter revenue increased more than 13-fold year over year to approximately $83.8 million, exceeding the roughly $68 million consensus estimate. The company cited strong order momentum and several programs expected to accelerate growth in the second half of 2026. Ondas Posts Wider-Than-Expected Q2 Loss, Delivers Solid Revenue Growth
• Positive Sentiment: Ondas won a multi-million-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense opportunity. Needham reaffirmed its Buy rating and maintained a $19 price target, well above the referenced trading level. Ondas Wins Israeli Defense Tender for Next-Gen Tactical Attack Drones
• Neutral Sentiment: Unusually heavy call-option buying and short interest near 40% could amplify volatility and create the potential for additional momentum, but these signals do not change the company’s fundamentals.
• Negative Sentiment: Despite the revenue beat and higher guidance, quarterly losses were wider than expected. Reports cited an adjusted EBITDA loss of approximately $50.6 million, highlighting ongoing execution and profitability risks. The stock’s elevated valuation also leaves it sensitive to disappointment. Trends Making Noise on Wall Street Today

Insider Activity at Ondas

In other Ondas news, Director Randy Seidl sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total transaction of $98,300.00. Following the sale, the director owned 295,504 shares in the company, valued at approximately $2,904,804.32. This trade represents a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director directly owned 264,853 shares in the company, valued at $2,516,103.50. This represents a 2.75% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,395,745 shares of company stock worth $32,109,380. 1.67% of the stock is owned by company insiders.

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.

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