Zurcher Kantonalbank Zurich Cantonalbank Invests $1.05 Million in Ondas Holdings Inc. $ONDS

Key Points

• Zurcher Kantonalbank purchased a new position of 107,800 shares of Ondas (NASDAQ:ONDS) in Q4, worth approximately $1.05 million.
• Analysts have a consensus rating of Moderate Buy with a $17.25 average price target, though recent notes were mixed—Northland and Oppenheimer raised targets while Zacks cut its rating to "strong sell."
• Ondas reported quarterly EPS of -$0.39 (missing estimates) but beat revenue expectations with $30.11 million; the stock trades around $10.04 with a 52-week range of $0.73–$15.28.

Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Ondas Holdings Inc. (NASDAQ:ONDS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 107,800 shares of the company's stock, valued at approximately $1,052,000.

Several other large investors have also recently modified their holdings of the stock. Nations Financial Group Inc. IA ADV raised its position in shares of Ondas by 13.9% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 325,129 shares of the company's stock worth $3,173,000 after purchasing an additional 39,594 shares during the last quarter. KBC Group NV purchased a new position in shares of Ondas in the 4th quarter worth about $106,000. Avion Wealth raised its position in shares of Ondas by 100.0% in the 4th quarter. Avion Wealth now owns 4,000 shares of the company's stock worth $39,000 after purchasing an additional 2,000 shares during the last quarter. MH & Associates Securities Management Corp ADV purchased a new position in shares of Ondas in the 4th quarter worth about $835,000. Finally, Stratos Wealth Advisors LLC purchased a new position in shares of Ondas in the 4th quarter worth about $107,000. Hedge funds and other institutional investors own 37.73% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ONDS. Northland Securities upped their target price on shares of Ondas from $16.00 to $18.00 and gave the company an "outperform" rating in a research note on Thursday, March 26th. Glj Research set a $17.00 target price on shares of Ondas in a research note on Tuesday, March 10th. Zacks Research cut shares of Ondas from a "hold" rating to a "strong sell" rating in a research note on Friday, March 27th. Oppenheimer upped their target price on shares of Ondas from $12.00 to $16.00 and gave the company an "outperform" rating in a research note on Tuesday, January 20th. Finally, Weiss Ratings upgraded shares of Ondas from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Ondas has an average rating of "Moderate Buy" and a consensus price target of $17.25.

Ondas Price Performance

NASDAQ ONDS opened at $10.04 on Friday. Ondas Holdings Inc. has a 52 week low of $0.73 and a 52 week high of $15.28. The firm has a market capitalization of $4.84 billion, a P/E ratio of -14.99 and a beta of 2.59. The company has a quick ratio of 4.68, a current ratio of 4.84 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $10.05 and a 200-day moving average price of $9.48.

Ondas (NASDAQ:ONDS - Get Free Report) last released its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. The business had revenue of $30.11 million for the quarter, compared to analysts' expectations of $27.49 million. Equities research analysts anticipate that Ondas Holdings Inc. will post -0.28 earnings per share for the current year.

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.

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