Ondas (NASDAQ:ONDS) Stock Price Down 4.2% - Here's What Happened

Key Points

• Ondas shares fell 4.2%, trading as low as $9.16 and last at $9.3250 on Tuesday with mid-day volume of 56.1M shares (down ~34% vs. the average session of 84.7M).
• Analyst sentiment is mixed but skewed positive overall — the stock has an average rating of "Moderate Buy" with an average target of $17.25, while some firms raised targets (e.g., Northland to $18) and others downgraded to sell/strong sell.
• Quarterly results showed an EPS miss (reported -$0.39 vs. -$0.06 expected) but revenue beat at $30.11M; the company has a $4.52B market cap, negative profitability metrics (net margin -270.37%, negative ROE) and strong liquidity (current ratio 4.84).

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report)'s share price traded down 4.2% on Tuesday . The company traded as low as $9.16 and last traded at $9.3250. 56,105,813 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 84,740,844 shares. The stock had previously closed at $9.73.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Northland Securities boosted their price objective on shares of Ondas from $16.00 to $18.00 and gave the stock an "outperform" rating in a research note on Thursday, March 26th. HC Wainwright set a $17.00 price objective on shares of Ondas and gave the stock a "buy" rating in a research note on Tuesday, March 10th. Glj Research set a $17.00 price objective on shares of Ondas in a research note on Tuesday, March 10th. Wall Street Zen cut shares of Ondas from a "hold" rating to a "sell" rating in a research note on Saturday, March 28th. Finally, Zacks Research cut shares of Ondas from a "hold" rating to a "strong sell" rating in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $17.25.

Ondas Price Performance

The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of -13.92 and a beta of 2.56. The stock's 50 day moving average price is $10.05 and its two-hundred day moving average price is $9.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.84 and a quick ratio of 4.68.

Ondas (NASDAQ:ONDS - Get Free Report) last released its earnings results 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 for the quarter, compared to analyst estimates of $27.49 million. Ondas had a negative net margin of 270.37% and a negative return on equity of 53.14%. On average, equities research analysts anticipate that Ondas Holdings Inc. will post -0.28 EPS for the current year.

Hedge Funds Weigh In On Ondas

Large investors have recently bought and sold shares of the stock. NFSG Corp raised its stake in Ondas by 200.0% during the 1st quarter. NFSG Corp now owns 3,000 shares of the company's stock valued at $27,000 after purchasing an additional 2,000 shares during the last quarter. IFP Advisors Inc raised its stake in 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 purchasing an additional 2,892 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in Ondas during the 1st quarter valued at $35,000. Avion Wealth raised its stake in Ondas by 100.0% during the 4th quarter. Avion Wealth now owns 4,000 shares of the company's stock valued at $39,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec raised its stake in Ondas by 228.6% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company's stock valued at $43,000 after purchasing an additional 3,063 shares during the last quarter. 37.73% of the stock is currently owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.