Ondas (NASDAQ:ONDS) Trading Up 3.7% – Should You Buy?

Ondas Holdings Inc. (NASDAQ:ONDS) was up 3.7% on Monday . The stock traded as high as $9.59 and last traded at $9.47. Approximately 51,307,608 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 91,531,961 shares. The stock had previously closed at $9.13.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ONDS shares. HC Wainwright set a $17.00 price target on Ondas and gave the stock a “buy” rating in a report on Tuesday, March 10th. LADENBURG THALM/SH SH upgraded Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Oppenheimer increased their price target on Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. Northland Securities increased their price target on Ondas from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. Finally, Glj Research set a $17.00 price objective on Ondas in a research note on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $17.25.

Ondas Stock Performance

The company has a market cap of $4.53 billion, a P/E ratio of -14.03 and a beta of 2.59. The firm has a 50 day moving average of $9.89 and a 200-day moving average of $9.40. The company has a quick ratio of 4.68, a current ratio of 4.84 and a debt-to-equity ratio of 0.01.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings data on Monday, March 23rd. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.33). Ondas had a negative return on equity of 53.14% and a negative net margin of 270.37%.The firm had revenue of $30.11 million during the quarter, compared to the consensus estimate of $27.49 million. As a group, sell-side analysts anticipate that Ondas Holdings Inc. will post -0.53 EPS for the current fiscal year.

Institutional Trading of Ondas

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its position in Ondas by 3,558,617.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,064,056 shares of the company’s stock valued at $15,935,000 after acquiring an additional 2,063,998 shares in the last quarter. DNB Asset Management AS boosted its position in Ondas by 88.4% during the 3rd quarter. DNB Asset Management AS now owns 329,954 shares of the company’s stock valued at $2,547,000 after acquiring an additional 154,792 shares in the last quarter. Ghisallo Capital Management LLC bought a new stake in Ondas during the 3rd quarter valued at $7,720,000. Sequoia Financial Advisors LLC bought a new stake in Ondas during the 3rd quarter valued at $772,000. Finally, Vanguard Group Inc. boosted its position in Ondas by 109.9% during the 3rd quarter. Vanguard Group Inc. now owns 13,415,432 shares of the company’s stock valued at $103,567,000 after acquiring an additional 7,024,549 shares in the last quarter. Institutional investors own 37.73% of the company’s stock.

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.