Ondas (NASDAQ:ONDS) Shares Up 3.7% – Here’s What Happened

Ondas Holdings Inc. (NASDAQ:ONDS) shares rose 3.7% during trading on Friday . The stock traded as high as $9.64 and last traded at $9.24. 96,155,754 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 85,538,406 shares. The stock had previously closed at $8.91.

Trending Headlines about 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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of Ondas from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Oppenheimer increased their price objective on shares of Ondas from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Friday. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Roth Capital began coverage on shares of Ondas in a research note on Tuesday, August 11th. They set a “buy” rating and a $13.00 price target on the stock. Finally, Weiss Ratings lowered Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.56.

Ondas Stock Performance

The stock’s 50 day simple moving average is $8.27 and its 200 day simple moving average is $9.52. The firm has a market capitalization of $5.26 billion, a P/E ratio of -131.86 and a beta of 2.72.

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

Insider Buying and Selling

In other Ondas news, Director Randy Seidl sold 10,000 shares of the firm’s stock in a transaction that occurred on 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 directly owned 295,504 shares in the company, valued at $2,904,804.32. This trade represents a 3.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Eric A. Brock sold 2,378,245 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $13.43, for a total value of $31,939,830.35. Following the transaction, the chief executive officer owned 3,583,010 shares in the company, valued at approximately $48,119,824.30. This trade represents a 39.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 2,395,745 shares of company stock valued at $32,109,380 over the last 90 days. Corporate insiders own 1.67% of the company’s stock.

Institutional Trading of Ondas

Large investors have recently bought and sold shares of the stock. Kirtland Hills Capital Management LLC purchased a new stake in shares of Ondas during the second quarter valued at $509,000. X Square Capital LLC purchased a new stake in shares of Ondas in the second quarter worth about $1,648,000. Buckland Partners Management Co LLC purchased a new stake in Ondas in the 2nd quarter worth approximately $478,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of Ondas during the 2nd quarter worth approximately $668,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Ondas during the 2nd quarter worth approximately $13,158,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Ondas Company Profile

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.