Ondas (NASDAQ:ONDS) Trading Down 8.2% – What’s Next?
by Michael Walen · The Markets DailyShares of Ondas Holdings Inc. (NASDAQ:ONDS – Get Free Report) traded down 8.2% during mid-day trading on Wednesday . The stock traded as low as $11.97 and last traded at $12.0550. 103,740,646 shares were traded during trading, a decline of 13% from the average session volume of 118,773,844 shares. The stock had previously closed at $13.13.
Ondas News Summary
Here are the key news stories impacting Ondas this week:
- Positive Sentiment: HC Wainwright reiterated a “Buy” rating with a $25 price target and published quarterly and multi‑year EPS forecasts (near‑term losses turning to positive by FY2030), signaling strong analyst conviction in Ondas’ growth trajectory. HC Wainwright estimates
- Positive Sentiment: Needham raised its price target (from $12 to $17) and kept a buy stance — another upward re‑rating that supports upside expectations from the sell side. Needham price target raise
- Positive Sentiment: Zacks compared ONDS favorably to peers (Red Cat), citing fast scaling of Ondas’ OAS platform, rising backlog and lifted 2026 revenue targets — a fundamental reason investors expect continued top‑line acceleration. ONDS vs. RCAT: Which Drone Tech Stock Is the Better Pick Now?
- Positive Sentiment: Industry coverage (MarketBeat) highlights unusual call‑option activity, large revenue growth (Q3 2025 revenue spike) and rising defense demand for Ondas’ Iron Drone and “drone‑in‑a‑box” systems — reinforcing momentum and institutional interest. Sea, Space, & Sky: 3 Frontier Robotics Stocks Under $20
- Neutral Sentiment: Recent media pieces documented a sharp rally and positive 2026 outlook that prompted multiple price‑target upgrades and heavy volume — evidence of momentum but also of short‑term positioning. ONDS stock surges over 16% amid price target upgrades Stock Market Today, Jan. 20: Ondas’ Strong 2026 Outlook Impresses Analysts
- Negative Sentiment: Fundamentals remain mixed: Ondas recently beat revenue estimates but missed EPS, carries negative margins and a consensus FY loss expectation (~‑$0.53). The company’s market cap and high beta imply elevated valuation risk and volatility if growth disappoints or if traders take profits. Ondas profile and recent results
Analyst Ratings Changes
A number of analysts have recently weighed in on ONDS shares. Northland Securities set a $16.00 price target on shares of Ondas in a research report on Tuesday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Ondas in a research note on Monday, December 29th. Lake Street Capital raised their price objective on shares of Ondas from $10.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday. Zacks Research downgraded shares of Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Stifel Nicolaus upped their target price on shares of Ondas from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ondas has a consensus rating of “Moderate Buy” and a consensus target price of $17.29.
Read Our Latest Stock Report on Ondas
Ondas Stock Down 4.4%
The firm’s 50 day simple moving average is $9.43 and its two-hundred day simple moving average is $6.86. The stock has a market cap of $4.84 billion, a P/E ratio of -31.38 and a beta of 2.40.
Ondas (NASDAQ:ONDS – Get Free Report) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.01). Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%.The business had revenue of $10.10 million for the quarter, compared to analyst estimates of $7.04 million. As a group, equities analysts predict that Ondas Holdings Inc. will post -0.53 EPS for the current year.
Insider Buying and Selling at Ondas
In related news, Director Randy Seidl sold 21,520 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $204,009.60. Following the completion of the transaction, the director directly owned 212,470 shares in the company, valued at $2,014,215.60. This represents a 9.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ron Stern sold 850,000 shares of the firm’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $7.91, for a total value of $6,723,500.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,406,605 shares of company stock worth $12,109,365. 1.60% of the stock is owned by company insiders.
Institutional Investors Weigh In On Ondas
Hedge funds have recently made changes to their positions in the business. Quadrature Capital Ltd bought a new stake in Ondas during the second quarter worth approximately $705,000. Arkadios Wealth Advisors bought a new position in Ondas during the 2nd quarter valued at $144,000. XTX Topco Ltd increased its position in shares of Ondas by 2,796.2% during the 2nd quarter. XTX Topco Ltd now owns 853,568 shares of the company’s stock valued at $1,639,000 after purchasing an additional 824,096 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Ondas by 444.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock worth $120,000 after buying an additional 91,732 shares in the last quarter. Finally, Thames Capital Management LLC acquired a new stake in shares of Ondas in the third quarter valued at $15,156,000. Institutional investors own 37.73% of the company’s stock.
About Ondas
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.