Ondas (NASDAQ:ONDS) Stock Price Up 22.7% – Should You Buy?

by · The Cerbat Gem

Ondas Holdings Inc. (NASDAQ:ONDSGet Free Report)’s stock price was up 22.7% on Thursday . The stock traded as high as $13.78 and last traded at $13.25. Approximately 244,621,829 shares were traded during trading, an increase of 188% from the average daily volume of 84,870,508 shares. The stock had previously closed at $10.80.

Analysts Set New Price Targets

Several analysts have recently weighed in on ONDS shares. Needham & Company LLC reissued a “buy” rating and set a $23.00 price objective on shares of Ondas in a report on Tuesday, May 19th. Northland Securities lifted their price objective on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. Wall Street Zen lowered Ondas from a “hold” rating to a “sell” rating in a report on Sunday. HC Wainwright set a $17.00 price objective on Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. Finally, Glj Research set a $17.00 price objective on Ondas in a report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $17.25.

Get Our Latest Research Report on ONDS

Ondas Stock Up 22.7%

The company has a market capitalization of $6.65 billion, a P/E ratio of 331.25 and a beta of 2.56. The stock has a fifty day simple moving average of $9.81 and a 200-day simple moving average of $9.77.

Ondas (NASDAQ:ONDSGet Free Report) last issued its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.33). The company had revenue of $30.11 million for the quarter, compared to the consensus estimate of $27.49 million. Ondas had a net margin of 247.85% and a negative return on equity of 14.17%. Analysts predict that Ondas Holdings Inc. will post -0.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the sale, the director directly owned 264,853 shares in the company, valued at $2,516,103.50. This represents a 2.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Randy Seidl sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the sale, the director owned 295,504 shares in the company, valued at approximately $2,904,804.32. This trade represents a 3.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ondas

A number of large investors have recently bought and sold shares of ONDS. Van ECK Associates Corp bought a new stake in Ondas during the 4th quarter worth approximately $71,202,000. Vanguard Group Inc. grew its position in Ondas by 109.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock worth $103,567,000 after acquiring an additional 7,024,549 shares during the last quarter. Two Sigma Investments LP grew its position 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 worth $35,267,000 after acquiring an additional 4,247,859 shares during the last quarter. Marshall Wace LLP bought a new stake in Ondas during the 4th quarter worth approximately $33,473,000. Finally, Caitong International Asset Management Co. Ltd grew its position 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 worth $33,832,000 after acquiring an additional 3,429,398 shares during the last quarter. 37.73% of the stock is currently owned by institutional investors.

Ondas Company Profile

(Get Free Report)

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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