Ondas (NASDAQ:ONDS) Trading Up 2.2% Following Analyst Upgrade

Ondas Holdings Inc. (NASDAQ:ONDSGet Free Report) shares traded up 2.2% during trading on Monday after Roth Capital upgraded the stock to a strong-buy rating. The stock traded as high as $9.54 and last traded at $9.31. Approximately 31,085,289 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 85,315,336 shares. The stock had previously closed at $9.11.

Other equities analysts have also issued reports about the company. Weiss Ratings lowered Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 4th. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Wall Street Zen downgraded Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Needham & Company LLC decreased their price target on Ondas from $23.00 to $19.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.33.

Get Our Latest Stock Analysis on ONDS

Insider Activity

In related news, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 295,504 shares in the company, valued at $2,904,804.32. The trade was a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total value of $71,250.00. Following the completion of the transaction, the director owned 264,853 shares in the company, valued at $2,516,103.50. This represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,395,745 shares of company stock worth $32,109,380 in the last three months. Corporate insiders own 1.67% of the company’s stock.

Trending Headlines about Ondas

Here are the key news stories impacting Ondas this week:

  • Positive Sentiment: Israeli military drone program: Ondas was selected to build Israel’s next-generation “Digital Bat” tactical attack-drone platform. The multi-million-dollar program is designed to deliver low-cost, software-enabled unmanned attack capabilities and could strengthen Ondas’ position in the growing defense-drone market. Ondas Selected to Build Israel’s Next Generation of Military Tactical Attack Drones
  • Positive Sentiment: Analyst upgrade and new coverage: Roth Capital initiated coverage with a Buy rating and a $13 price target, then upgraded Ondas to Strong Buy. The favorable view reflects expected growth in defense orders and could improve investor sentiment. Roth Capital initiates Ondas coverage
  • Positive Sentiment: Q2 earnings setup: Analysts expect surging revenue, supported by a growing defense pipeline and recent mergers and acquisitions. Investors will look for order growth, revenue conversion and management guidance during the upcoming report. Ondas heads into Q2 earnings with defense orders flooding in
  • Positive Sentiment: Broader defense demand: U.S. missile shortages and replenishment needs are highlighting capacity constraints and potentially supporting defense technology suppliers, including drone and counter-drone companies. Replenishing the Arsenal
  • Positive Sentiment: Commercial security win: Ondas also won a counter-drone contract to protect the Jacksonville Jaguars’ EverBank Stadium, providing another real-world deployment for its technology. Ondas wins NFL counter-drone deal
  • Neutral Sentiment: Key risks: Analysts caution that M&A integration, continued losses and the company’s high valuation could limit upside if expected growth does not materialize. Reported short-interest data showed zero shares and appears unreliable.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ONDS. NFSG Corp raised its position in shares of Ondas by 200.0% during the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after buying an additional 2,000 shares in the last quarter. Western Wealth Management LLC purchased a new position in Ondas in the first quarter worth $28,000. EverSource Wealth Advisors LLC increased its stake 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. IFP Advisors Inc raised its position in Ondas by 231.4% during the third 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 in the last quarter. Finally, AdvisorNet Financial Inc purchased a new stake in Ondas during the first quarter valued at about $35,000. 37.73% of the stock is currently owned by institutional investors.

Ondas Price Performance

The company has a 50 day simple moving average of $8.39 and a 200-day simple moving average of $9.57. The stock has a market cap of $5.57 billion, a P/E ratio of 244.25 and a beta of 2.72.

About Ondas

(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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