Ondas (NASDAQ:ONDS) Shares Up 3.7% - Should You Buy?

Key Points

• Q1 earnings miss: Ondas reported EPS of ($0.39) vs. consensus ($0.06), missing by $0.33, and showed a very negative net margin (270.37%) and ROE (-53.14%) despite revenue beating estimates ($30.11M vs. $27.49M).
• Mixed analyst view but upside consensus: Analysts are split, but the average rating is a "Moderate Buy" with a consensus target price of $17.25 versus the current ~ $9.47 share price.
• Stock and institutional activity: Shares rose 3.7% intraday to $9.47 on below-average volume, and large institutions (Vanguard, State Street, VanEck, Two Sigma, etc.) have materially increased positions, with institutions owning about 37.73% of the stock.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report)'s share price shot up 3.7% during mid-day trading on Monday . The stock traded as high as $9.59 and last traded at $9.47. 51,307,608 shares changed hands during trading, a decline of 44% from the average session volume of 91,531,961 shares. The stock had previously closed at $9.13.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ONDS. Weiss Ratings reissued a "sell (e+)" rating on shares of Ondas in a report on Friday, March 27th. LADENBURG THALM/SH SH raised shares of Ondas to a "strong-buy" rating in a report on Thursday, December 18th. Northland Securities 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 Thursday, March 26th. Wall Street Zen cut shares of Ondas from a "hold" rating to a "sell" rating in a report on Saturday, March 28th. Finally, Lake Street Capital raised their target price on shares of Ondas from $10.00 to $19.00 and gave the stock a "buy" rating in a report on Tuesday, January 20th. 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 company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $17.25.

Ondas Trading Up 3.7%

The company has a debt-to-equity ratio of 0.01, a current ratio of 4.84 and a quick ratio of 4.68. The company's fifty day moving average is $9.96 and its 200-day moving average is $9.38. The stock has a market cap of $4.56 billion, a PE ratio of -14.13 and a beta of 2.59.

Ondas (NASDAQ:ONDS - Get Free Report) last released its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates 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 firm had revenue of $30.11 million during the quarter, compared to analysts' expectations of $27.49 million. On average, analysts predict that Ondas Holdings Inc. will post -0.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Ondas by 39.9% in the fourth quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company's stock valued at $183,167,000 after buying an additional 5,351,725 shares in the last quarter. Van ECK Associates Corp purchased a new position in Ondas in the fourth quarter valued at $71,202,000. State Street Corp increased its holdings in Ondas by 130.2% in the fourth quarter. State Street Corp now owns 5,162,151 shares of the company's stock valued at $50,383,000 after buying an additional 2,920,071 shares in the last quarter. Two Sigma Investments LP increased its holdings in Ondas by 1,325.9% in the third quarter. Two Sigma Investments LP now owns 4,568,238 shares of the company's stock valued at $35,267,000 after buying an additional 4,247,859 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Ondas by 22.3% in the fourth quarter. Geode Capital Management LLC now owns 4,255,992 shares of the company's stock valued at $41,558,000 after buying an additional 774,862 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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