Ondas (NASDAQ:ONDS) Stock Price Up 2.2% on Analyst Upgrade

Ondas Holdings Inc. (NASDAQ:ONDS)’s share price was up 2.2% during mid-day trading on Monday after Roth Capital upgraded the stock to a strong-buy rating. The stock traded as high as $9.54 and last traded at $9.31. Approximately 31,085,289 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 85,315,336 shares. The stock had previously closed at $9.11.

Several other equities research analysts also recently weighed in on ONDS. Weiss Ratings downgraded shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a research report on Wednesday, May 6th. Needham & Company LLC cut their target price on Ondas from $23.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Zacks Research raised Ondas from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Finally, Wall Street Zen cut Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $16.33.

Insider Activity

In related news, Director Randy Seidl sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $9.83, for a total transaction of $98,300.00. Following the transaction, the director owned 295,504 shares in the company, valued at $2,904,804.32. This represents a 3.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard M. Cohen sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $9.50, for a total transaction of $71,250.00. Following the completion of the sale, the director owned 264,853 shares in the company, valued at $2,516,103.50. This represents a 2.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,395,745 shares of company stock valued at $32,109,380 over the last three months. Insiders own 1.67% of the company’s stock.

More Ondas News

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Israeli military drone program: Ondas was selected to build Israel’s next-generation “Digital Bat” tactical attack-drone platform. The multi-million-dollar program is designed to deliver low-cost, software-enabled unmanned attack capabilities and could strengthen Ondas’ position in the growing defense-drone market. Ondas Selected to Build Israel’s Next Generation of Military Tactical Attack Drones
• Positive Sentiment: Analyst upgrade and new coverage: Roth Capital initiated coverage with a Buy rating and a $13 price target, then upgraded Ondas to Strong Buy. The favorable view reflects expected growth in defense orders and could improve investor sentiment. Roth Capital initiates Ondas coverage
• Positive Sentiment: Q2 earnings setup: Analysts expect surging revenue, supported by a growing defense pipeline and recent mergers and acquisitions. Investors will look for order growth, revenue conversion and management guidance during the upcoming report. Ondas heads into Q2 earnings with defense orders flooding in
• Positive Sentiment: Broader defense demand: U.S. missile shortages and replenishment needs are highlighting capacity constraints and potentially supporting defense technology suppliers, including drone and counter-drone companies. Replenishing the Arsenal
• Positive Sentiment: Commercial security win: Ondas also won a counter-drone contract to protect the Jacksonville Jaguars’ EverBank Stadium, providing another real-world deployment for its technology. Ondas wins NFL counter-drone deal
• Neutral Sentiment: Key risks: Analysts caution that M&A integration, continued losses and the company’s high valuation could limit upside if expected growth does not materialize. Reported short-interest data showed zero shares and appears unreliable.

Institutional Trading of Ondas

Hedge funds have recently bought and sold shares of the company. CloudAlpha Capital Management Limited Hong Kong bought a new position in Ondas in the 4th quarter worth $6,734,000. CI Investments Inc. bought a new stake in Ondas during the first quarter valued at about $4,255,000. The Manufacturers Life Insurance Company raised its holdings in Ondas by 664.0% during the first quarter. The Manufacturers Life Insurance Company now owns 129,481 shares of the company’s stock valued at $1,171,000 after acquiring an additional 112,534 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Ondas in the fourth quarter valued at about $1,052,000. Finally, Oddo BHF Asset Management Sas purchased a new position in shares of Ondas in the first quarter valued at about $5,000,000. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Ondas Stock Up 0.2%

The stock has a market cap of $5.56 billion, a P/E ratio of 244.00 and a beta of 2.72. The business has a 50 day moving average price of $8.39 and a two-hundred day moving average price of $9.57.

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.