Needham & Company LLC Reaffirms “Buy” Rating for Ondas (NASDAQ:ONDS)

Ondas (NASDAQ:ONDS)‘s stock had its “buy” rating reissued by Needham & Company LLC in a research report issued to clients and investors on Tuesday,Benzinga reports. They presently have a $17.00 target price on the stock. Needham & Company LLC’s target price points to a potential upside of 74.90% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Loop Capital set a $10.00 price objective on Ondas in a report on Wednesday, November 26th. Zacks Research downgraded shares of Ondas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Northland Securities set a $16.00 target price on shares of Ondas in a report on Tuesday, January 20th. Finally, Oppenheimer boosted their price target on Ondas from $12.00 to $16.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.29.

Ondas Stock Performance

Ondas stock opened at $9.72 on Tuesday. The business’s fifty day moving average is $11.05 and its two-hundred day moving average is $8.72. Ondas has a 52 week low of $0.57 and a 52 week high of $15.28. The firm has a market cap of $4.11 billion, a P/E ratio of -24.30 and a beta of 2.47.

Insider Transactions at Ondas

In other news, Director Randy Seidl sold 21,520 shares of the business’s stock in a transaction that occurred 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 sale, the director owned 212,470 shares in the company, valued at $2,014,215.60. The trade was a 9.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Neil J. Laird sold 4,526 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $42,906.48. Following the completion of the sale, the chief financial officer owned 8,224 shares of the company’s stock, valued at $77,963.52. This trade represents a 35.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 556,605 shares of company stock worth $5,385,865. 1.60% of the stock is currently owned by insiders.

Institutional Trading of Ondas

Several large investors have recently modified their holdings of ONDS. Vanguard Group Inc. lifted its position in shares of Ondas by 39.9% during the 4th quarter. Vanguard Group Inc. now owns 18,767,157 shares of the company’s stock worth $183,167,000 after buying an additional 5,351,725 shares during the last quarter. Hood River Capital Management LLC bought a new position in shares of Ondas in the second quarter worth about $14,479,000. Van ECK Associates Corp bought a new position in shares of Ondas in the fourth quarter worth about $71,202,000. AWM Investment Company Inc. acquired a new stake in shares of Ondas in the 2nd quarter valued at approximately $11,123,000. Finally, State Street Corp grew its holdings in shares of Ondas by 130.2% during the 4th quarter. State Street Corp now owns 5,162,151 shares of the company’s stock valued at $50,383,000 after purchasing an additional 2,920,071 shares during the last quarter. 37.73% of the stock is owned by institutional investors and hedge funds.

Key Ondas News

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Merger with Mistral gives Ondas direct access to U.S. prime contracts, an onshore manufacturing footprint and established federal/state contracting relationships — a strategic shortcut to win larger DoD and public‑safety programs. Ondas To Acquire Mistral, Giving Access To U.S. Prime Contracts, Manufacturing Footprint
• Positive Sentiment: Company announced a merger agreement with Mistral Inc.; Mistral remains contract‑administrator post‑close and brings decades of prime‑contract experience and claimed participation on $1B+ of IDIQ/DoD contracts, which materially accelerates Ondas’ U.S. defense TAM. Ondas Reaches Merger Agreement with U.S. Defense Prime Contractor Mistral Inc., Expanding Direct Prime Participation Across U.S. Department of Defense Programs
• Positive Sentiment: Preliminary Q4 and full‑year 2025 revenues topped prior guidance (Q4: $29.1–$30.1M; FY: $49.7–$50.7M) and the company raised its near‑term revenue outlook, signaling stronger organic demand ahead of final results on March 25. That beat is a clear near‑term earnings catalyst. Ondas Reports Preliminary Fourth Quarter and Full Year 2025 Financial Results and will Report Final Results on March 25, 2026 at 8:30 a.m. ET
• Positive Sentiment: New $6M counter‑drone orders from Middle East defense customers reinforce secular demand for Ondas’ cyber‑RF drone defeat systems and provide near‑term revenue visibility outside the U.S. market. Are Escalating Middle East Drone Threats a Revenue Tailwind for Ondas?
• Neutral Sentiment: Management reiterated FY2026 revenue outlook of $170–$180M (pre‑acquisition impact) and provided updated FY2025/FY2026 revenue ranges that are generally in line with or modestly ahead of street estimates — helpful for modeling but dependent on successful Mistral integration. Ondas Merger With Mistral Recasts Growth Prospects In Defense And Security
• Negative Sentiment: Risks remain: the merger must close and integrate smoothly (possible dilution, execution and contract‑transfer risk), final Q4/FY2025 numbers and more detail on pro‑forma financials arrive March 25, and the company still posts a negative P/E and elevated volatility. Investors should weigh near‑term revenue beats against integration and execution risk. ONDS stock garners buzz after company raises Q4 revenue outlook, signs merger agreement with Mistral

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.