Ondas’ (ONDS) Buy Rating Reiterated at Needham & Company LLC

Ondas (NASDAQ:ONDS)‘s stock had its “buy” rating restated by research analysts at Needham & Company LLC in a research note issued to investors on Friday,Benzinga reports. They currently have a $19.00 target price on the stock. Needham & Company LLC’s target price would indicate a potential upside of 113.24% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Ondas from a “hold” rating to a “sell” rating in a research note on Sunday, May 24th. Roth Capital assumed coverage on shares of Ondas in a research report on Tuesday. They issued a “buy” rating and a $13.00 target price for the company. Zacks Research upgraded shares of Ondas from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Weiss Ratings cut shares of Ondas from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Finally, LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $16.33.

Ondas Price Performance

Shares of Ondas stock opened at $8.91 on Friday. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 222.75 and a beta of 2.72. Ondas has a one year low of $3.20 and a one year high of $15.28. The stock’s 50-day moving average is $8.29 and its 200-day moving average is $9.52.

Insider Buying and Selling at Ondas

In other news, 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 value of $71,250.00. Following the completion of the sale, the director directly owned 264,853 shares of the company’s stock, valued at $2,516,103.50. This trade represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Randy Seidl sold 10,000 shares of Ondas stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $9.83, for a total value of $98,300.00. Following the transaction, the director owned 295,504 shares of the company’s stock, valued at $2,904,804.32. This represents a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,395,745 shares of company stock worth $32,109,380 over the last 90 days. Company insiders own 1.67% of the company’s stock.

Institutional Trading of Ondas

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

Ondas News Summary

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Ondas reported second-quarter revenue of $83.77 million, exceeding the roughly $67.97 million analyst consensus. On an adjusted basis, the company posted a loss of $0.03 per share versus expectations for a $0.07 loss. Ondas Holdings Q2 results
• Positive Sentiment: Management raised its 2026 revenue outlook to $550 million and highlighted a backlog of approximately $757 million, supporting the company’s long-term growth narrative. Ondas Q2 earnings, backlog and guidance
• Positive Sentiment: Ondas won a multi-million-dollar Israeli defense tender for next-generation tactical attack drones, expanding its international defense and counter-drone opportunity. Israeli defense drone tender
• Positive Sentiment: Call-option purchases were unusually heavy, with 299,121 contracts traded—about 52% above average—indicating increased speculative bullish interest. Retail investors have also promoted ONDS as a potential high-growth drone stock. Retail investor view of Ondas
• Neutral Sentiment: Roth Capital initiated coverage of Ondas, potentially increasing institutional attention, although the available report does not provide an investment rating or price target. Roth Capital coverage
• Negative Sentiment: The headline GAAP loss was approximately $0.19 per share, worse than the $0.09 consensus, while adjusted EBITDA was negative $50.6 million. The profitability shortfall appears to be outweighing the revenue beat and raised outlook in near-term trading. Ondas post-earnings reaction
• Negative Sentiment: Short interest reportedly stands near 40%, signaling significant bearish positioning and the potential for elevated volatility around earnings and future guidance. Ondas short interest

About Ondas

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.