Ondas (NASDAQ:ONDS) Stock Price Down 5.7% - Should You Sell?

Key Points

• Ondas shares fell 5.7% to $9.73 on Monday, with 47.3 million shares traded (about 44% below the average session volume) after a prior close of $10.32.
• The company reported an earnings miss—Q1 EPS of ($0.39) vs. consensus ($0.06) while posting revenue of $30.11 million, and it still shows deep unprofitability (negative net margin ~270% and ROE -53%).
• Analysts hold a consensus "Moderate Buy" with an average target of $17.25 (top targets up to $23), and institutional investors (Vanguard, VanEck, Two Sigma, et al.) own roughly 37.7% of the stock.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report) traded down 5.7% on Monday . The stock traded as low as $9.67 and last traded at $9.73. 47,293,878 shares changed hands during trading, a decline of 44% from the average session volume of 85,118,656 shares. The stock had previously closed at $10.32.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Needham & Company LLC lifted their price objective on shares of Ondas from $17.00 to $23.00 and gave the stock a "buy" rating in a research note on Tuesday, March 24th. 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. Lake Street Capital lifted their price objective on shares of Ondas from $10.00 to $19.00 and gave the stock a "buy" rating in a research note on Tuesday, January 20th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $17.25.

Ondas Stock Performance

The company has a current ratio of 4.84, a quick ratio of 4.68 and a debt-to-equity ratio of 0.01. The business's 50 day moving average is $10.05 and its 200 day moving average is $9.47. The stock has a market capitalization of $4.72 billion, a PE ratio of -14.52 and a beta of 2.56.

Ondas (NASDAQ:ONDS - Get Free Report) last released its quarterly earnings results on Monday, March 23rd. The company reported ($0.39) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.33). Ondas had a negative return on equity of 53.14% and a negative net margin of 270.37%.The firm had revenue of $30.11 million for the quarter, compared to analysts' expectations of $27.49 million. On average, equities research analysts predict that Ondas Holdings Inc. will post -0.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ondas

A number of large investors have recently bought and sold shares of ONDS. Van ECK Associates Corp purchased a new position in Ondas during the 4th quarter valued at $71,202,000. Vanguard Group Inc. boosted its holdings in Ondas by 109.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company's stock valued at $103,567,000 after acquiring an additional 7,024,549 shares during the period. Two Sigma Investments LP boosted its holdings 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 valued at $35,267,000 after acquiring an additional 4,247,859 shares during the period. Marshall Wace LLP purchased a new position in Ondas during the 4th quarter valued at $33,473,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Ondas by 9,274.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,466,373 shares of the company's stock valued at $33,832,000 after acquiring an additional 3,429,398 shares during the period. Hedge funds and other institutional investors 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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