Ondas (NASDAQ:ONDS) Stock Price Up 6.7% - Here's Why

Key Points

• ONDAS shares rose 6.7% to $10.03 mid‑day on Wednesday, with about 53.7 million shares traded (a 41% decline versus the average daily volume).
• Multiple analysts have upgraded targets and ratings—Oppenheimer, Needham and Stifel among them—and MarketBeat shows a consensus of "Moderate Buy" with a consensus price target of $17.25.
• Ondas beat revenue estimates ($30.11M vs. $27.49M) but missed on EPS (‑$0.39 vs. ‑$0.06), has a negative net margin and ROE, and is forecast to post roughly ‑0.53 EPS for the year, underscoring ongoing profitability challenges.

Ondas Holdings Inc. (NASDAQ:ONDS - Get Free Report) shares rose 6.7% during mid-day trading on Wednesday . The stock traded as high as $10.03 and last traded at $10.03. Approximately 53,703,251 shares changed hands during trading, a decline of 41% from the average daily volume of 90,306,422 shares. The stock had previously closed at $9.40.

Wall Street Analysts Forecast Growth

ONDS has been the topic of several research analyst reports. LADENBURG THALM/SH SH upgraded Ondas to a "strong-buy" rating in a research note on Thursday, December 18th. Oppenheimer increased their target price on Ondas from $12.00 to $16.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 20th. Needham & Company LLC increased their target price on Ondas from $17.00 to $23.00 and gave the stock a "buy" rating in a research report on Tuesday, March 24th. Glj Research set a $17.00 target price on Ondas in a research report on Tuesday, March 10th. Finally, Stifel Nicolaus upped their price objective on Ondas from $17.00 to $18.00 and gave the company a "buy" rating in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.25.

Ondas Stock Performance

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 firm has a market cap of $4.83 billion, a price-to-earnings ratio of -14.97 and a beta of 2.59. The company has a fifty day moving average price of $9.89 and a two-hundred day moving average price of $9.40.

Ondas (NASDAQ:ONDS - Get Free Report) last announced its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.33). The firm had revenue of $30.11 million during 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%. As a group, equities research analysts expect that Ondas Holdings Inc. will post -0.53 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ONDS. Goldman Sachs Group Inc. grew its holdings in shares of Ondas by 444.4% during the first quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company's stock valued at $120,000 after buying an additional 91,732 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Ondas by 57.4% during the second quarter. Geode Capital Management LLC now owns 1,344,590 shares of the company's stock valued at $2,583,000 after buying an additional 490,239 shares in the last quarter. NewEdge Advisors LLC purchased a new position in shares of Ondas during the second quarter valued at $152,000. Sei Investments Co. purchased a new position in shares of Ondas during the second quarter valued at $3,086,000. Finally, HRT Financial LP purchased a new position in shares of Ondas during the second quarter valued at $2,244,000. 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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