NASDAQ:ONDS Ondas (ONDS) Stock Forecast, Price & News $0.93 -0.03 (-3.12%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$0.87▼$0.9550-Day Range$0.82▼$1.2552-Week Range$0.78▼$7.49Volume234,349 shsAverage Volume314,791 shsMarket Capitalization$47.57 millionP/E RatioN/ADividend YieldN/APrice Target$4.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ondas MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside329.5% Upside$4.00 Price TargetShort InterestHealthy5.36% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$96,000 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.71) to ($0.28) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.79 out of 5 starsComputer And Technology Sector460th out of 599 stocksRadio & T.V. Communications Equipment Industry22nd out of 25 stocks 3.3 Analyst's Opinion Consensus RatingOndas has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.00, Ondas has a forecasted upside of 329.5% from its current price of $0.93.Amount of Analyst CoverageOndas has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.36% of the outstanding shares of Ondas have been sold short.Short Interest Ratio / Days to CoverOndas has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in Ondas has recently decreased by 15.43%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldOndas does not currently pay a dividend.Dividend GrowthOndas does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ONDS. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 3 people have searched for ONDS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Ondas to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ondas insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $96,000.00 in company stock.Percentage Held by InsidersOnly 6.10% of the stock of Ondas is held by insiders.Percentage Held by InstitutionsOnly 23.59% of the stock of Ondas is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ondas are expected to grow in the coming year, from ($0.71) to ($0.28) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ondas is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ondas is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOndas has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ondas (NASDAQ:ONDS) StockOndas Holdings, Inc. engages in the development, marketing, and sale of wireless radio systems for secure, wide area mission-critical business-to-business networks. It operates through the Ondas Networks and Ondas Autonomous Systems segments. The Ondas Networks segment provides wireless connectivity solutions enabling mission-critical Industrial Internet applications and services. The Ondas Autonomous Systems segment designs, develops, and markets commercial drone solutions via the Optimus System and Scout System. The company was founded in 2006 and is headquartered in Waltham, MA.Read More Receive ONDS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ondas and its competitors with MarketBeat's FREE daily newsletter. Email Address ONDS Stock News HeadlinesMay 29, 2023 | americanbankingnews.comOndas Holdings Inc. (NASDAQ:ONDS) Short Interest UpdateMay 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Ondas Holdings (ONDS) and Doximity (DOCS)June 8, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 17, 2023 | markets.businessinsider.comHere's what Wall Street expects from Ondas's earnings reportMay 15, 2023 | finance.yahoo.comOndas Holdings Inc. (ONDS) Reports Q1 Loss, Tops Revenue EstimatesMay 15, 2023 | finanznachrichten.deOndas Holdings Inc.: Ondas Holdings Reports First Quarter 2023 Financial ResultsMay 15, 2023 | finance.yahoo.comOndas Holdings Reports First Quarter 2023 Financial ResultsMay 13, 2023 | forbes.comHow To Buy I Bonds With Your Tax RefundJune 8, 2023 | UNKNOWN (Ad)This Company Is Solving A Multi-Billion Dollar Problem!This Little Known NASDAQ Stock is Solving a Multi-Billion Dollar Problem!May 12, 2023 | msn.comEarnings Outlook For Ondas HoldingsMay 8, 2023 | finance.yahoo.comOndas Holdings to Report First Quarter 2023 Financial Results on Monday, May 15, 2023, at 8:30 a.m. ETMay 3, 2023 | americanbankingnews.comAnalyzing KVH Industries (NASDAQ:KVHI) & Ondas (NASDAQ:ONDS)April 29, 2023 | americanbankingnews.comOndas (NASDAQ:ONDS) Coverage Initiated by Analysts at Maxim GroupApril 27, 2023 | americanbankingnews.comComparing Ondas (NASDAQ:ONDS) and CommScope (NASDAQ:COMM)April 25, 2023 | americanbankingnews.comContrasting Airspan Networks (NYSE:MIMO) and Ondas (NASDAQ:ONDS)April 23, 2023 | americanbankingnews.comHead-To-Head Contrast: Ondas (NASDAQ:ONDS) vs. Comtech Telecommunications (NASDAQ:CMTL)April 9, 2023 | americanbankingnews.comOndas (NASDAQ:ONDS) Trading Up 7.1%March 21, 2023 | americanbankingnews.comOndas (NASDAQ:ONDS) Rating Lowered to Market Perform at OppenheimerMarch 20, 2023 | finance.yahoo.comOndas Holdings (NASDAQ:ONDS) dips 18% this week as increasing losses might not be inspiring confidence among its investorsMarch 17, 2023 | finance.yahoo.comOndas Holdings Inc. (NASDAQ:ONDS) Q4 2022 Earnings Call TranscriptMarch 16, 2023 | finance.yahoo.comOndas' Airobotics and Rafael Collaborate on Autonomous Drone InfrastructureMarch 14, 2023 | finance.yahoo.comOndas Holdings Inc. (ONDS) Reports Q4 Loss, Lags Revenue EstimatesMarch 14, 2023 | finance.yahoo.comOndas Holdings Reports Fourth Quarter and Full Year 2022 Financial ResultsMarch 10, 2023 | finance.yahoo.comOndas’ Airobotics and Dubai Police Will Cooperate to Implement Drone-in-a Box Infrastructure and Aerial Defensive Solutions Against Potential Aerial ThreatsMarch 8, 2023 | finance.yahoo.comOndas Holdings to Report Fourth Quarter and Full Year 2022 Financial Results on March 14, 2023, at 8:30 a.m. ETMarch 7, 2023 | finance.yahoo.comOndas Holdings’ Airobotics Completes Acquisition of Iron Drone Assets and Launches New Counter-Drone System at World Police Summit in DubaiFebruary 21, 2023 | reuters.comRates & Bonds Market Headlines | Breaking Stock Market News | ReutersSee More Headlines ONDS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONDS Company Calendar Last Earnings3/14/2023Today6/08/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Radio & t.v. communications equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ONDS CUSIPN/A CIK1646188 Webwww.ondas.com Phone(888) 350-9994FaxN/AEmployees74Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.00 High Stock Price Forecast$5.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+329.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.79) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-73,240,000.00 Net Margins-1,801.65% Pretax Margin-1,801.67% Return on Equity-74.75% Return on Assets-57.03% Debt Debt-to-Equity Ratio0.19 Current Ratio0.86 Quick Ratio0.71 Sales & Book Value Annual Sales$2.13 million Price / Sales22.33 Cash FlowN/A Price / Cash FlowN/A Book Value$1.36 per share Price / Book0.68Miscellaneous Outstanding Shares51,080,000Free Float47,965,000Market Cap$47.57 million OptionableNot Optionable Beta0.24 Key ExecutivesEric Ashley BrockChairman & Chief Executive OfficerReese MozerPresidentDerek R. ReisfieldCFO, Secretary, Treasurer & DirectorVijay SomandepalliVice President-Technical StrategyKey CompetitorsAirgainNASDAQ:AIRGCalAmpNASDAQ:CAMPSatixfy CommunicationsNASDAQ:SATXAirspan NetworksNYSE:MIMOPCTELNASDAQ:PCTIView All CompetitorsInsiders & InstitutionsGeode Capital Management LLCBought 38,676 shares on 5/16/2023Ownership: 1.341%State Street CorpBought 41,060 shares on 5/16/2023Ownership: 1.009%Jane Street Group LLCSold 71,024 shares on 5/16/2023Ownership: 0.057%Cito Capital Group LLCBought 45,000 shares on 5/15/2023Ownership: 0.132%BlackRock Inc.Bought 55,732 shares on 5/12/2023Ownership: 4.578%View All Insider TransactionsView All Institutional Transactions ONDS Stock - Frequently Asked Questions Should I buy or sell Ondas stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ondas in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ONDS shares. View ONDS analyst ratings or view top-rated stocks. What is Ondas' stock price forecast for 2023? 2 analysts have issued 12 month target prices for Ondas' shares. Their ONDS share price forecasts range from $3.00 to $5.00. On average, they anticipate the company's share price to reach $4.00 in the next year. This suggests a possible upside of 329.5% from the stock's current price. View analysts price targets for ONDS or view top-rated stocks among Wall Street analysts. How have ONDS shares performed in 2023? Ondas' stock was trading at $1.59 at the start of the year. Since then, ONDS stock has decreased by 41.4% and is now trading at $0.9313. View the best growth stocks for 2023 here. Are investors shorting Ondas? Ondas saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,740,000 shares, a drop of 15.4% from the April 30th total of 3,240,000 shares. Based on an average trading volume of 338,100 shares, the days-to-cover ratio is currently 8.1 days. View Ondas' Short Interest. When is Ondas' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our ONDS earnings forecast. How were Ondas' earnings last quarter? Ondas Holdings Inc. (NASDAQ:ONDS) posted its earnings results on Tuesday, March, 14th. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.43) by $0.01. The company earned $0.48 million during the quarter, compared to the consensus estimate of $2.32 million. Ondas had a negative net margin of 1,801.65% and a negative trailing twelve-month return on equity of 74.75%. What ETF holds Ondas' stock ? AdvisorShares Drone Technology ETF holds 1,989 shares of ONDS stock, representing 0.37% of its portfolio. What guidance has Ondas issued on next quarter's earnings? Ondas updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $26.00 million-$26.00 million, compared to the consensus revenue estimate of $26.10 million. What is Ondas' stock symbol? Ondas trades on the NASDAQ under the ticker symbol "ONDS." Who are Ondas' major shareholders? Ondas' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.58%), Geode Capital Management LLC (1.34%), State Street Corp (1.01%), Renaissance Technologies LLC (0.61%), Bank of America Corp DE (0.51%) and Diamond Hill Capital Management Inc. (0.24%). Insiders that own company stock include Derek Reisfield, Richard H Silverman, Richard M Cohen, Stewart Kantor and Thomas Bushey. View institutional ownership trends. How do I buy shares of Ondas? Shares of ONDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ondas' stock price today? One share of ONDS stock can currently be purchased for approximately $0.93. How much money does Ondas make? Ondas (NASDAQ:ONDS) has a market capitalization of $47.57 million and generates $2.13 million in revenue each year. The company earns $-73,240,000.00 in net income (profit) each year or ($1.79) on an earnings per share basis. How can I contact Ondas? The official website for the company is www.ondas.com. The company can be reached via phone at (888) 350-9994 or via email at onds@gatewayir.com. This page (NASDAQ:ONDS) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ondas Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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