Ondas (NASDAQ:ONDS) Stock Price Down 5.8% - Should You Sell?

Key Points

• Ondas shares fell 5.8% to $8.38 in mid-day trading, with roughly 68 million shares changing hands. The stock trades below its 200-day moving average of $9.45 and has a market capitalization of about $4.78 billion.
• Analyst sentiment remains broadly positive: eight analysts rate Ondas a Buy, one rates it Hold and one rates it Sell, producing a consensus “Moderate Buy” rating and an average price target of $17.18.
• The company’s latest quarter showed mixed results, with revenue of $83.77 million exceeding estimates but an EPS loss of $0.19 missing expectations. CEO Eric Brock also sold 2.38 million shares to cover tax withholding obligations, reducing his ownership by nearly 40%.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report) shares traded down 5.8% during mid-day trading on Thursday . The stock traded as low as $8.17 and last traded at $8.38. Approximately 68,037,906 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 85,259,375 shares. The stock had previously closed at $8.90.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ONDS shares. Needham & Company LLC reissued a "buy" rating and issued a $19.00 price objective on shares of Ondas in a report on Friday, August 14th. Weiss Ratings lowered shares of Ondas from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, August 4th. LADENBURG THALM/SH SH raised their price target on Ondas from $21.50 to $22.75 and gave the stock a "buy" rating in a report on Monday. Roth Capital reaffirmed a "buy" rating on shares of Ondas in a research note on Tuesday. Finally, Oppenheimer raised their price target on Ondas from $16.00 to $18.00 and gave the company an "outperform" rating in a report on Friday, August 14th. Eight equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ondas currently has a consensus rating of "Moderate Buy" and an average price target of $17.18.

Ondas Stock Down 5.8%

The firm's 50-day simple moving average is $8.22 and its 200-day simple moving average is $9.45. The firm has a market capitalization of $4.78 billion, a PE ratio of -119.71 and a beta of 2.72.

Ondas (NASDAQ:ONDS - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.10). The company had revenue of $83.77 million during the quarter, compared to analysts' expectations of $67.97 million. Ondas had a negative return on equity of 14.20% and a net margin of 93.55%. On average, equities research analysts forecast that Ondas Holdings Inc. will post -0.33 earnings per share for the current year.

Insider Buying and Selling

In other Ondas news, CEO Eric A. Brock sold 2,378,245 shares of the business's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total value of $31,939,830.35. Following the completion of the sale, the chief executive officer owned 3,583,010 shares in the company, valued at approximately $48,119,824.30. The trade was a 39.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.67% of the stock is owned by company insiders.

Institutional Investors Weigh In On Ondas

Large investors have recently added to or reduced their stakes in the company. Beaird Harris Wealth Management LLC raised its holdings in Ondas by 3.8% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 27,250 shares of the company's stock worth $266,000 after purchasing an additional 1,000 shares in the last quarter. State of Wyoming grew its position in Ondas by 31.5% during the 1st quarter. State of Wyoming now owns 6,809 shares of the company's stock valued at $62,000 after purchasing an additional 1,631 shares during the last quarter. NFSG Corp increased 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 in the last quarter. Steadtrust LLC increased its stake in Ondas by 10.3% during the 2nd quarter. Steadtrust LLC now owns 21,473 shares of the company's stock valued at $177,000 after purchasing an additional 2,000 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in Ondas by 231.4% in the third quarter. IFP Advisors Inc now owns 4,142 shares of the company's stock worth $32,000 after buying an additional 2,892 shares during the last quarter. 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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