Ondas (NASDAQ:ONDS) Given New $18.00 Price Target at Northland Securities

Key Points

• Northland Securities raised its price target on Ondas from $16.00 to $18.00 and kept an "outperform" rating, implying roughly an 89% upside from the stock's current price.
• Despite multiple analyst upgrades and a MarketBeat consensus "Moderate Buy" with a ~$17.25 target, ONDS traded down 7.8% to $9.51 on heavy volume and CEO Eric Brock sold 475,000 shares, trimming his stake by about 24.5%.

Ondas (NASDAQ:ONDS - Get Free Report) had its price objective boosted by research analysts at Northland Securities from $16.00 to $18.00 in a research note issued on Thursday,Benzinga reports. The firm presently has an "outperform" rating on the stock. Northland Securities' price target points to a potential upside of 89.31% from the stock's current price.

Several other analysts have also weighed in on ONDS. LADENBURG THALM/SH SH upgraded shares of Ondas to a "strong-buy" rating in a research note on Thursday, December 18th. Oppenheimer upped their price objective on shares of Ondas from $12.00 to $16.00 and gave the company an "outperform" rating in a report on Tuesday, January 20th. Needham & Company LLC increased their price objective on shares of Ondas from $17.00 to $23.00 and gave the stock a "buy" rating in a research report on Tuesday. Lake Street Capital boosted their target price on Ondas from $10.00 to $19.00 and gave the company a "buy" rating in a research report on Tuesday, January 20th. Finally, HC Wainwright set a $17.00 price target on Ondas and gave the stock a "buy" rating in a report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.25.

Ondas Trading Down 7.8%

NASDAQ ONDS traded down $0.80 during trading hours on Thursday, hitting $9.51. 50,528,296 shares of the company's stock were exchanged, compared to its average volume of 98,092,797. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of -14.17 and a beta of 2.47. The stock has a 50-day simple moving average of $10.65 and a 200 day simple moving average of $9.13. Ondas has a 1-year low of $0.66 and a 1-year high of $15.28.

Insider Buying and Selling at Ondas

In other news, CEO Eric A. Brock sold 475,000 shares of the stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the completion of the transaction, the chief executive officer owned 1,461,255 shares in the company, valued at approximately $14,188,786.05. This represents a 24.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ondas

Large investors have recently modified their holdings of the business. IFP Advisors Inc lifted its stake in shares of Ondas by 231.4% during the 3rd 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 in the last quarter. Avion Wealth lifted its position in shares of Ondas by 100.0% during the fourth quarter. Avion Wealth now owns 4,000 shares of the company's stock worth $39,000 after acquiring an additional 2,000 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its holdings in shares of Ondas by 228.6% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company's stock worth $43,000 after acquiring an additional 3,063 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in shares of Ondas by 1,005.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company's stock worth $43,000 after acquiring an additional 4,000 shares during the period. Finally, American Capital Advisory LLC grew its position in shares of Ondas by 4,600.0% in the fourth quarter. American Capital Advisory LLC now owns 4,700 shares of the company's stock valued at $46,000 after purchasing an additional 4,600 shares in the last quarter. Hedge funds and other institutional investors own 37.73% of the company's stock.

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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