Ondas (NASDAQ:ONDS) Downgraded to “Strong Sell” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Ondas (NASDAQ:ONDS) from a sell rating to a strong sell rating in a research report sent to investors on Saturday morning.

Several other research analysts have also recently weighed in on ONDS. Needham & Company LLC reissued a “buy” rating and issued a $19.00 price objective on shares of Ondas in a research report on Friday. Weiss Ratings cut Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Oppenheimer increased their price target on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Roth Capital assumed coverage on shares of Ondas in a report on Tuesday, August 11th. They set a “buy” rating and a $13.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Ondas has a consensus rating of “Moderate Buy” and a consensus target price of $16.56.

Ondas Price Performance

ONDS opened at $9.23 on Friday. Ondas has a fifty-two week low of $3.20 and a fifty-two week high of $15.28. The firm has a market capitalization of $5.26 billion, a P/E ratio of -131.86 and a beta of 2.72. The company’s 50-day moving average is $8.27 and its 200 day moving average is $9.52.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.10). Ondas had a negative return on equity of 19.02% and a net margin of 93.55%.The firm had revenue of $83.77 million during the quarter, compared to the consensus estimate of $67.97 million. On average, equities research analysts expect that Ondas will post -0.33 earnings per share for the current year.

Insider Buying and Selling at Ondas

In related news, Director Richard M. Cohen sold 7,500 shares of Ondas 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 sale, the director owned 264,853 shares of the company’s stock, valued at approximately $2,516,103.50. This trade represents a 2.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Randy Seidl sold 10,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total value of $98,300.00. Following the completion of the sale, the director owned 295,504 shares in the company, valued at $2,904,804.32. This represents a 3.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,395,745 shares of company stock worth $32,109,380 over the last ninety days. 1.67% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ondas

Several large investors have recently modified their holdings of ONDS. Van ECK Associates Corp purchased a new stake in shares of Ondas during the 4th quarter valued at approximately $71,202,000. Vanguard Group Inc. raised its holdings in Ondas by 39.9% during the 4th quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock valued at $183,167,000 after acquiring an additional 5,351,725 shares during the period. Two Sigma Investments LP lifted its position in shares of Ondas by 1,325.9% during the third 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 in the last quarter. Marshall Wace LLP purchased a new stake in shares of Ondas during the fourth quarter worth $33,473,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of Ondas by 9,274.9% in the fourth 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 period. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Key Stories Impacting Ondas

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas raised its 2026 revenue forecast to $525 million-$550 million, up from its previous outlook, and said it is working to convert a $757 million backlog into revenue. Management also indicated that adjusted EBITDA profitability could arrive sooner as major programs ramp. Ondas Q2 Earnings Call Lifts Outlook and Profitability Timeline
• Positive Sentiment: Second-quarter revenue increased more than 13-fold year over year to approximately $83.8 million, exceeding the roughly $68 million consensus estimate. The company cited strong order momentum and several programs expected to accelerate growth in the second half of 2026. Ondas Posts Wider-Than-Expected Q2 Loss, Delivers Solid Revenue Growth
• Positive Sentiment: Ondas won a multi-million-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense opportunity. Needham reaffirmed its Buy rating and maintained a $19 price target, well above the referenced trading level. Ondas Wins Israeli Defense Tender for Next-Gen Tactical Attack Drones
• Neutral Sentiment: Unusually heavy call-option buying and short interest near 40% could amplify volatility and create the potential for additional momentum, but these signals do not change the company’s fundamentals.
• Negative Sentiment: Despite the revenue beat and higher guidance, quarterly losses were wider than expected. Reports cited an adjusted EBITDA loss of approximately $50.6 million, highlighting ongoing execution and profitability risks. The stock’s elevated valuation also leaves it sensitive to disappointment. Trends Making Noise on Wall Street Today

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.