FY2025 Earnings Estimate for Ondas Issued By Northland Capmk

Key Points

• Northland Capital Markets has increased its FY2025 EPS estimate for Ondas Holdings Inc. to ($0.29) from ($0.30), while the consensus estimate for current full-year earnings stands at ($0.53) per share.
• Ondas reported a quarterly EPS of ($0.15), missing analyst expectations, and experienced a negative net margin of 412.92%.
• A significant portion of Ondas' stock is held by institutional investors, with notable increases in holdings from companies like Wells Fargo and SBI Securities.

Ondas Holdings Inc. (NASDAQ:ONDS - Free Report) - Northland Capmk boosted their FY2025 EPS estimates for shares of Ondas in a research note issued to investors on Wednesday, August 6th. Northland Capmk analyst M. Latimore now forecasts that the company will earn ($0.29) per share for the year, up from their previous estimate of ($0.30). The consensus estimate for Ondas' current full-year earnings is ($0.53) per share. Northland Capmk also issued estimates for Ondas' Q4 2025 earnings at ($0.03) EPS, Q2 2026 earnings at ($0.03) EPS, Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at ($0.12) EPS.

Ondas (NASDAQ:ONDS - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.04). Ondas had a negative net margin of 412.92% and a negative return on equity of 232.07%. The firm had revenue of $4.25 million during the quarter, compared to analysts' expectations of $4.94 million.

Several other research analysts have also commented on ONDS. Lake Street Capital initiated coverage on shares of Ondas in a research note on Monday, April 14th. They set a "buy" rating and a $2.50 price target on the stock. Wall Street Zen raised shares of Ondas from a "sell" rating to a "hold" rating in a research report on Saturday, July 12th.

Ondas Trading Up 9.2%

Shares of NASDAQ ONDS opened at $3.55 on Monday. The business has a 50 day simple moving average of $2.00 and a 200 day simple moving average of $1.39. Ondas has a 52 week low of $0.54 and a 52 week high of $3.95. The stock has a market cap of $637.44 million, a price-to-earnings ratio of -6.12 and a beta of 2.29. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.65 and a current ratio of 0.86.

Institutional Trading of Ondas

Several large investors have recently modified their holdings of ONDS. Wells Fargo & Company MN grew its position in shares of Ondas by 119.2% in the fourth quarter. Wells Fargo & Company MN now owns 11,400 shares of the company's stock valued at $29,000 after purchasing an additional 6,200 shares during the last quarter. Two Sigma Investments LP bought a new position in Ondas in the 4th quarter worth approximately $31,000. SBI Securities Co. Ltd. lifted its holdings in shares of Ondas by 154.9% during the second quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company's stock worth $31,000 after buying an additional 9,904 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Ondas in the first quarter valued at approximately $32,000. Finally, Charles Schwab Investment Management Inc. acquired a new stake in shares of Ondas in the first quarter worth $34,000. 37.73% of the stock is owned by institutional investors.

About Ondas

Ondas Holdings Inc, through its subsidiaries, provides private wireless, drone, and automated data solutions. It operates in two segments, Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.