Ondas (NASDAQ:ONDS) Stock Bumped Up to “Sell” by Wall Street Zen

Wall Street Zen upgraded shares of Ondas (NASDAQ:ONDS) from a strong sell rating to a sell rating in a report released on Saturday,Wall Street Zen reports.

ONDS has been the topic of several other research reports. The Goldman Sachs Group raised shares of Ondas to a “buy” rating in a research report on Monday, November 2nd. Citizens Jmp began coverage on shares of Ondas in a research report on Monday, October 5th. They set an “outperform” rating and a $14.00 price objective for the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ondas in a research note on Monday, November 2nd. Ladenburg Thalmann & Co. Inc. boosted their target price on shares of Ondas from $21.50 to $22.75 and gave the company a “buy” rating in a report on Monday, August 17th. Finally, Roth Capital reiterated a “buy” rating on shares of Ondas in a report on Tuesday, August 18th. Eleven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $15.81.

Ondas Stock Down 3.0%

ONDS traded down $0.16 during trading on Friday, reaching $5.16. The company’s stock had a trading volume of 49,376,014 shares, compared to its average volume of 44,381,684. The company has a market cap of $3.00 billion, a price-to-earnings ratio of -36.86 and a beta of 3.10. The firm has a fifty day simple moving average of $6.67 and a two-hundred day simple moving average of $8.71. Ondas has a 1 year low of $4.38 and a 1 year high of $15.28.

Ondas (NASDAQ:ONDS) last posted its quarterly earnings results on Thursday, November 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.03. Ondas had a negative return on equity of 21.90% and a net margin of 32.91%. The business had revenue of $167.49 million during the quarter, compared to analyst estimates of $148.04 million. As a group, equities analysts forecast that Ondas will post -0.47 EPS for the current fiscal year.

Insider Activity

In other news, Director Richard M. Cohen sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $8.96, for a total value of $67,200.00. Following the transaction, the director directly owned 261,836 shares in the company, valued at approximately $2,346,050.56. This represents a 2.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Neil J. Laird sold 4,952 shares of the company’s stock in a transaction that occurred 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 owned 42,246 shares in the company, valued at approximately $326,984.04. This represents a 10.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.67% of the company’s stock.

Institutional Trading of Ondas

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aquamarine Financial Cayman Ltd purchased a new position in shares of Ondas during the third quarter worth $147,526,000. Voya Investment Management LLC raised its holdings in shares of Ondas by 183.7% in the 3rd quarter. Voya Investment Management LLC now owns 6,612,440 shares of the company’s stock valued at $48,469,000 after buying an additional 4,281,842 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD raised its holdings in shares of Ondas by 6.2% in the 3rd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 3,184,058 shares of the company’s stock valued at $23,339,000 after buying an additional 184,518 shares during the period. RFG Advisory LLC raised its holdings in shares of Ondas by 57.0% in the 2nd quarter. RFG Advisory LLC now owns 2,787,202 shares of the company’s stock valued at $22,967,000 after buying an additional 1,012,353 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in Ondas during the 2nd quarter worth about $13,158,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Key Headlines Impacting Ondas

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

• Positive Sentiment: Third-quarter revenue reached a record $167.5 million, more than 16 times the year-ago level and above analyst expectations of $148.0 million. The company also reported a $835 million backlog, citing strong bookings and defense demand. Q3 revenue and outlook
• 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

Ondas Company Profile

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.