Ondas (NASDAQ:ONDS) Shares Down 3.3% - What's Next?

Key Points

• Ondas (NASDAQ:ONDS) shares fell 3.3% to about $9.14 intraday, with roughly 37.46 million shares traded — about 60% below its average daily volume.
• Analyst sentiment is mixed but leans positive: the consensus rating is "Moderate Buy" with an average price target of $17.25, while individual targets and ratings range from sell to strong-buy.
• Ondas reported Q1 EPS of ($0.39) versus ($0.06) expected (a notable miss) while revenue of $30.11M beat estimates; the company remains unprofitable with a ~270% negative net margin and analysts forecast ~($0.53) EPS for the year.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report) shares dropped 3.3% during trading on Thursday . The company traded as low as $9.01 and last traded at $9.14. Approximately 37,458,898 shares traded hands during trading, a decline of 60% from the average daily volume of 92,995,617 shares. The stock had previously closed at $9.45.

Analysts Set New Price Targets

ONDS has been the subject of a number of analyst reports. Oppenheimer lifted their target price on shares of Ondas from $12.00 to $16.00 and gave the stock an "outperform" rating in a report on Tuesday, January 20th. Glj Research set a $17.00 price target on shares of Ondas in a report on Tuesday, March 10th. Lake Street Capital boosted their price target on shares of Ondas from $10.00 to $19.00 and gave the company a "buy" rating in a report on Tuesday, January 20th. Wall Street Zen lowered shares of Ondas from a "hold" rating to a "sell" rating in a report on Saturday, March 28th. Finally, LADENBURG THALM/SH SH raised shares of Ondas to a "strong-buy" rating in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Ondas presently has a consensus rating of "Moderate Buy" and an average price target of $17.25.

Ondas Stock Performance

The firm has a market capitalization of $4.27 billion, a P/E ratio of -13.64 and a beta of 2.59. The firm's 50-day moving average is $10.02 and its 200 day moving average is $9.34.

Ondas (NASDAQ:ONDS - Get Free Report) last posted its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The company had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. Ondas had a negative net margin of 270.37% and a negative return on equity of 69.00%. As a group, research analysts expect that Ondas Holdings Inc. will post -0.53 EPS for the current fiscal year.

Institutional Investors Weigh In On Ondas

Several institutional investors and hedge funds have recently added to or reduced their stakes in ONDS. Van ECK Associates Corp bought a new stake in Ondas during the 4th quarter worth about $71,202,000. Vanguard Group Inc. lifted its position in Ondas by 109.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company's stock worth $103,567,000 after buying an additional 7,024,549 shares in the last quarter. AWM Investment Company Inc. bought a new stake in Ondas during the 2nd quarter worth about $11,123,000. Two Sigma Investments LP lifted its position in Ondas by 1,325.9% during the 3rd quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company's stock worth $35,267,000 after buying an additional 4,247,859 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in Ondas during the 4th quarter worth about $33,473,000. 37.73% of the stock is owned by institutional investors.

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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