Ondas (NASDAQ:ONDS) Stock Price Up 3.7% - Here's Why

Key Points

• Ondas shares rose 3.7% to $9.24 on heavy trading volume, with 96.2 million shares changing hands—12% above the average daily volume.
• Second-quarter revenue surged to approximately $83.8 million, beating expectations by a wide margin, while management raised its 2026 revenue outlook to $525 million-$550 million and cited a $757 million backlog.
• Despite strong growth prospects and bullish analyst targets, profitability remains a concern: Ondas reported a wider-than-expected loss, including an adjusted EBITDA loss of about $50.6 million. The stock carries a consensus “Moderate Buy” rating and an average price target of $16.56.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report)'s stock price traded up 3.7% during trading on Friday . The stock traded as high as $9.64 and last traded at $9.24. 96,155,754 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 85,538,406 shares. The stock had previously closed at $8.91.

Key Headlines Impacting Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas reported second-quarter revenue of approximately $83.8 million, more than 13 times higher than the prior-year period and above analysts’ expectations. The company raised its 2026 revenue outlook to $525 million-$550 million, citing broad demand and several programs expected to ramp in the second half. Ondas Posts Wider-Than-Expected Q2 Loss, Delivers Solid Revenue Growth
• Positive Sentiment: The company entered the second half with a reported $757 million backlog and strong order momentum, offering potential visibility for future revenue growth. Management also said it is working toward adjusted EBITDA profitability sooner than previously anticipated. Ondas Q2 Earnings Call Lifts Outlook and Profitability Timeline
• Positive Sentiment: Ondas won a multimillion-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense opportunity. Needham reaffirmed its Buy rating and set a $19 price target, implying substantial upside from recent trading levels.
• Positive Sentiment: Reports of a potential 100% tariff on foreign drones helped lift U.S.-focused drone stocks, including Ondas, by improving the perceived competitive position of domestic suppliers. Unusual Machines Soars, Red Cat Climbs, Ondas Gains on Trump’s Drone Tariff
• Neutral Sentiment: Unusually high call-option activity and elevated short interest may be amplifying volatility and supporting a speculative bullish trading setup, but these signals do not change the company’s underlying fundamentals.
• Negative Sentiment: Profitability remains a concern. Coverage highlighted a wider-than-expected quarterly loss and an adjusted EBITDA loss of approximately $50.6 million, which initially pressured the stock despite the improved revenue outlook.

Analysts Set New Price Targets

A number of research firms have weighed in on ONDS. Zacks Research raised shares of Ondas from a "strong sell" rating to a "hold" rating in a research note on Monday, May 25th. Needham & Company LLC reiterated a "buy" rating and issued a $19.00 price target on shares of Ondas in a research note on Friday. Oppenheimer raised their price objective on Ondas from $16.00 to $18.00 and gave the company an "outperform" rating in a report on Friday. Roth Capital initiated coverage on Ondas in a research report on Tuesday. They set a "buy" rating and a $13.00 price objective on the stock. Finally, LADENBURG THALM/SH SH raised Ondas to a "strong-buy" rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $16.56.

Ondas Stock Performance

The business's fifty day moving average is $8.29 and its 200-day moving average is $9.52. The firm has a market cap of $5.26 billion, a P/E ratio of 230.75 and a beta of 2.72.

Ondas (NASDAQ:ONDS - Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.10). Ondas had a negative return on equity of 14.17% and a net margin of 247.85%.The business had revenue of $83.77 million for the quarter, compared to the consensus estimate of $67.97 million. Analysts predict that Ondas Holdings Inc. will post -0.33 EPS for the current fiscal year.

Insider Transactions at Ondas

In other news, Director Richard M. Cohen sold 7,500 shares of Ondas stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $9.50, for a total transaction of $71,250.00. Following the transaction, the director owned 264,853 shares in the company, valued at approximately $2,516,103.50. The trade was a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Randy Seidl sold 10,000 shares of the business's stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total transaction of $98,300.00. Following the completion of the sale, the director directly owned 295,504 shares in the company, valued at approximately $2,904,804.32. This represents a 3.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,395,745 shares of company stock worth $32,109,380. Company insiders own 1.67% of the company's stock.

Institutional Investors Weigh In On Ondas

A number of institutional investors have recently made changes to their positions in ONDS. NFSG Corp raised its position in shares of Ondas by 200.0% during the first quarter. NFSG Corp now owns 3,000 shares of the company's stock worth $27,000 after acquiring an additional 2,000 shares during the last quarter. Western Wealth Management LLC acquired a new position in shares of Ondas in the first quarter worth approximately $28,000. EverSource Wealth Advisors LLC boosted its holdings in Ondas by 5,373.7% in the first quarter. EverSource Wealth Advisors LLC now owns 3,120 shares of the company's stock valued at $28,000 after acquiring an additional 3,063 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in Ondas in the first quarter valued at approximately $35,000. Finally, IFP Advisors Inc increased its position 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 period. 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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