LADENBURG THALM/SH SH Forecasts Strong Price Appreciation for Ondas (NASDAQ:ONDS) Stock

Key Points

• LADENBURG THALM/SH SH raised Ondas’ price target from $21.50 to $22.75 and maintained a “buy” rating, implying approximately 151% upside from the stock’s $9.07 closing price.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and an average target of $17.18, though ratings range from “Strong Buy” to “Sell.”
• Ondas reported quarterly revenue of $83.77 million, exceeding estimates, but its adjusted loss of $0.19 per share was wider than expected; shares fell 1.9% during Monday trading.

Ondas (NASDAQ:ONDS - Get Free Report) had its target price increased by analysts at LADENBURG THALM/SH SH from $21.50 to $22.75 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a "buy" rating on the stock. LADENBURG THALM/SH SH's price target would indicate a potential upside of 150.88% from the company's previous close.

A number of other research firms have also recently weighed in 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. Oppenheimer raised their target price on shares of Ondas from $16.00 to $18.00 and gave the stock an "outperform" rating in a report on Friday. Zacks Research raised shares of Ondas from a "strong sell" rating to a "hold" rating in a research note on Monday, May 25th. Roth Capital began coverage on Ondas in a research report on Tuesday, August 11th. They set a "buy" rating and a $13.00 target price on the stock. Finally, Needham & Company LLC restated a "buy" rating and set a $19.00 price objective on shares of Ondas in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Ondas presently has an average rating of "Moderate Buy" and a consensus target price of $17.18.

Ondas Trading Down 1.9%

Shares of ONDS stock traded down $0.17 during trading hours on Monday, reaching $9.07. 41,659,239 shares of the stock were exchanged, compared to its average volume of 85,285,797. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of -129.54 and a beta of 2.72. Ondas has a 12-month low of $3.20 and a 12-month high of $15.28. The company's 50-day moving average price is $8.27 and its 200-day moving average price is $9.51.

Ondas (NASDAQ:ONDS - Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.10). The business had revenue of $83.77 million for the quarter, compared to the consensus estimate of $67.97 million. Ondas had a negative return on equity of 14.20% and a net margin of 93.55%. On average, sell-side analysts expect that Ondas will post -0.33 EPS for the current year.

Insider Buying and Selling

In related news, Director Richard M. Cohen sold 7,500 shares of the company's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total value of $71,250.00. Following the sale, the director owned 264,853 shares of the company's stock, valued at approximately $2,516,103.50. This represents a 2.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric A. Brock sold 2,378,245 shares of the firm's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total value of $31,939,830.35. Following the transaction, the chief executive officer directly owned 3,583,010 shares of the company's stock, valued at $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. Insiders have sold 2,395,745 shares of company stock worth $32,109,380 in the last three months. Corporate insiders own 1.67% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ONDS. NFSG Corp lifted its stake in shares of Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company's stock valued at $27,000 after buying an additional 2,000 shares during the period. Western Wealth Management LLC acquired a new position in Ondas in the 1st quarter valued at $28,000. EverSource Wealth Advisors LLC grew its position in shares of Ondas by 5,373.7% in the first quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company's stock valued at $28,000 after purchasing an additional 3,063 shares during the period. IFP Advisors Inc increased its stake 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 purchasing an additional 2,892 shares during the last quarter. Finally, AdvisorNet Financial Inc purchased a new position in Ondas during the first quarter worth about $35,000. Institutional investors and hedge funds own 37.73% of the company's stock.

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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