Needham & Company LLC Has Lowered Expectations for Ondas (NASDAQ:ONDS) Stock Price

Ondas (NASDAQ:ONDS) had its price target decreased by Needham & Company LLC from $19.00 to $14.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC‘s target price would suggest a potential upside of 171.32% from the company’s previous close.

Other analysts also recently issued research reports about the stock. Citigroup reiterated a “market outperform” rating on shares of Ondas in a report on Monday, October 19th. Oppenheimer boosted their price target on shares of Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Ladenburg Thalmann & Co. Inc. boosted their price target on shares of Ondas from $21.50 to $22.75 and gave the stock a “buy” rating in a report on Monday, August 17th. Citizens Jmp assumed coverage on shares of Ondas in a research report on Monday, October 5th. They issued an “outperform” rating and a $14.00 price objective for the company. Finally, The Goldman Sachs Group upgraded shares of Ondas to a “buy” rating in a research note on Monday, November 2nd. Eleven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ondas currently has a consensus rating of “Moderate Buy” and an average price target of $15.81.

Ondas Trading Down 3.0%

Ondas stock traded down $0.16 during trading on Friday, hitting $5.16. 49,376,014 shares of the company were exchanged, compared to its average volume of 44,381,684. The company has a market capitalization of $3.00 billion, a P/E ratio of -36.86 and a beta of 3.10. The business’s 50 day moving average is $6.67 and its 200 day moving average is $8.71. Ondas has a 52 week low of $4.38 and a 52 week high of $15.28.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings data on Thursday, November 12th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.03. The business had revenue of $167.49 million for the quarter, compared to analysts’ expectations of $148.04 million. Ondas had a negative return on equity of 21.90% and a net margin of 32.91%. Equities analysts expect that Ondas will post -0.47 EPS for the current year.

Insiders Place Their Bets

In related news, Director Richard M. Cohen sold 7,500 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $8.96, for a total transaction of $67,200.00. Following the completion of the transaction, the director owned 261,836 shares in the company, valued at approximately $2,346,050.56. This represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Neil J. Laird sold 4,952 shares of the firm’s stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $7.74, for a total transaction of $38,328.48. Following the sale, the chief financial officer owned 42,246 shares of the company’s stock, valued at $326,984.04. This trade represents a 10.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.67% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Aquamarine Financial Cayman Ltd bought a new position in shares of Ondas during the 3rd quarter valued at approximately $147,526,000. Kovack Advisors Inc. raised its holdings in shares of Ondas by 138.0% in the 3rd quarter. Kovack Advisors Inc. now owns 97,120 shares of the company’s stock worth $696,000 after purchasing an additional 56,320 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in shares of Ondas by 147.6% in the 3rd quarter. Steward Partners Investment Advisory LLC now owns 45,308 shares of the company’s stock worth $332,000 after purchasing an additional 27,009 shares during the period. Advisors Asset Management Inc. purchased a new position in Ondas in the third quarter valued at approximately $29,000. Finally, one8zero8 LLC lifted its stake in Ondas by 31.2% in the third quarter. one8zero8 LLC now owns 676,950 shares of the company’s stock valued at $4,962,000 after purchasing an additional 160,850 shares during the last quarter. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Ondas

These are some of the ONDS headlines that stood out recently:

• Positive Sentiment: Ondas raised its 2026 revenue guidance to $550 million, above the prior consensus estimate, and lifted its 2026 and 2027 targets. Management also expects adjusted EBITDA break-even a quarter earlier in 2027 than previously forecast. Earnings call highlights
• Neutral Sentiment: Needham and Lake Street lowered their price targets from $19 to $14 but maintained Buy ratings, reflecting reduced targets alongside continued optimism about potential upside. Needham rating Lake Street rating
• Negative Sentiment: The quarterly loss widened year over year, while production expansion is weighing on margins. Investors also face execution risks, including converting the large backlog into revenue and integrating acquisitions. These concerns may help explain why strong sales growth has not translated into confidence about near-term profitability. Q3 results and margin pressure

About Ondas

Ondas Holdings is a technology company that develops private wireless networks and autonomous systems for industrial, government and security applications. Its businesses include Ondas Networks and Ondas Autonomous Systems. Ondas Networks provides private broadband wireless solutions for mission-critical communications. Its FullMAX platform is designed to support applications such as rail communications and industrial data networks. Ondas Autonomous Systems develops autonomous drone and counter-drone technologies, including systems for infrastructure inspection, security and public safety.