Ondas (NASDAQ:ONDS) Shares Down 7.2% – Time to Sell?

Ondas Holdings Inc. (NASDAQ:ONDS)’s stock price was down 7.2% during trading on Thursday. The company traded as low as $5.20 and last traded at $5.32. Approximately 73,114,529 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 77,082,547 shares. The stock had previously closed at $5.73.

Trending Headlines about Ondas

Investors following ONDS have been watching these headlines:

• Positive Sentiment: Third-quarter revenue reached a record $167.5 million, topping estimates of about $148 million and rising roughly 1,559% year over year. The company also reported an $835 million backlog, supporting expectations for continued growth. Ondas posts record Q3 revenue and raises 2026 outlook
• Positive Sentiment: Ondas raised its 2026 revenue guidance to $550 million, above the roughly $536.5 million consensus, and indicated it expects to reach break-even sooner than previously forecast. Ondas updates profitability forecast as revenue surges
• Negative Sentiment: Profitability remains a concern: one report put the quarterly loss at $0.11 per share, wider than its $0.09 consensus estimate and the $0.06 loss a year earlier. Another earnings account highlighted shrinking margins, tempering the upbeat revenue and guidance news. Ondas reports Q3 loss, beats revenue estimates Ondas shares fall as loss deepens and margins shrink

Wall Street Analysts Forecast Growth

ONDS has been the topic of several research reports. Oppenheimer upped 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, August 14th. Citigroup restated a “market outperform” rating on shares of Ondas in a research note on Monday, October 19th. Roth Capital reaffirmed a “buy” rating on shares of Ondas in a research report on Tuesday, August 18th. Citizens Jmp began coverage on Ondas in a research note on Monday, October 5th. They set an “outperform” rating and a $14.00 price target on the stock. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $19.00 price target on shares of Ondas in a report on Monday, September 14th. Eleven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Ondas presently has a consensus rating of “Moderate Buy” and an average price target of $16.89.

Ondas Price Performance

The business’s fifty day moving average is $6.77 and its 200-day moving average is $8.78. The firm has a market cap of $3.10 billion, a PE ratio of -76.00 and a beta of 3.10.

Ondas (NASDAQ:ONDS) last released 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). Ondas had a net margin of 93.55% and a negative return on equity of 14.20%. The company had revenue of $83.77 million during the quarter, compared to analysts’ expectations of $67.97 million. Analysts forecast that Ondas Holdings Inc. will post -0.47 EPS for the current year.

Insider Activity at Ondas

In other Ondas news, CFO Neil J. Laird sold 4,952 shares of the stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $7.74, for a total transaction of $38,328.48. Following the completion of the transaction, the chief financial officer directly owned 42,246 shares of the company’s stock, valued at approximately $326,984.04. This represents a 10.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard M. Cohen sold 7,500 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $8.96, for a total value of $67,200.00. Following the completion of the sale, the director directly owned 261,836 shares of the company’s stock, valued at $2,346,050.56. This represents a 2.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.67% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Ondas during the 3rd quarter worth $26,000. Pinnacle Wealth Planning Services Inc. increased its holdings in Ondas by 7,185.7% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 3,570 shares of the company’s stock worth $26,000 after acquiring an additional 3,521 shares during the last quarter. NFSG Corp raised its stake in Ondas by 200.0% in the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $27,000 after acquiring an additional 2,000 shares during the period. Western Wealth Management LLC bought a new stake in Ondas in the 1st quarter valued at about $28,000. Finally, EverSource Wealth Advisors LLC raised its stake in Ondas by 5,373.7% in the 1st 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 period. Hedge funds and other institutional investors own 37.73% of the company’s stock.

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.