Northland Securities Predicts Weaker Earnings for Ondas

Ondas Holdings Inc. (NASDAQ:ONDS) – Research analysts at Northland Securities reduced their FY2025 earnings estimates for shares of Ondas in a research note issued to investors on Tuesday, January 20th. Northland Securities analyst M. Latimore now expects that the company will earn ($0.34) per share for the year, down from their previous forecast of ($0.33). The consensus estimate for Ondas’ current full-year earnings is ($0.53) per share. Northland Securities also issued estimates for Ondas’ Q4 2025 earnings at ($0.05) EPS, Q4 2026 earnings at $0.00 EPS, FY2026 earnings at ($0.12) EPS, Q1 2027 earnings at ($0.01) EPS, Q2 2027 earnings at ($0.01) EPS, Q3 2027 earnings at ($0.01) EPS, Q4 2027 earnings at ($0.01) EPS and FY2027 earnings at ($0.04) EPS.

Ondas (NASDAQ:ONDS) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01). Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%.The business had revenue of $10.10 million for the quarter, compared to analysts’ expectations of $7.04 million.

Several other equities research analysts have also recently commented on the company. Stifel Nicolaus upped their price target on Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday. LADENBURG THALM/SH SH raised shares of Ondas to a “strong-buy” rating in a research note on Thursday, December 18th. Loop Capital set a $10.00 price objective on shares of Ondas in a research report on Wednesday, November 26th. Lake Street Capital lifted their target price on shares of Ondas from $10.00 to $19.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Oppenheimer boosted their price target on shares of Ondas from $12.00 to $16.00 and gave the stock an “outperform” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $17.29.

Ondas Trading Up 0.6%

Ondas stock opened at $12.62 on Thursday. The stock has a 50 day moving average of $9.70 and a two-hundred day moving average of $6.94. Ondas has a twelve month low of $0.57 and a twelve month high of $15.28. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of -31.55 and a beta of 2.40.

Institutional Investors Weigh In On Ondas

Several institutional investors and hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its holdings in Ondas by 444.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,373 shares of the company’s stock valued at $120,000 after acquiring an additional 91,732 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Ondas in the second quarter valued at about $151,000. Trivium Point Advisory LLC acquired a new stake in shares of Ondas in the second quarter valued at approximately $38,000. NTV Asset Management LLC purchased a new position in shares of Ondas during the 2nd quarter worth approximately $144,000. Finally, Penbrook Management LLC acquired a new position in shares of Ondas during the 2nd quarter worth approximately $35,000. 37.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Eric A. Brock sold 475,000 shares of Ondas stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $9.71, for a total transaction of $4,612,250.00. Following the completion of the transaction, the chief executive officer directly owned 1,461,255 shares of the company’s stock, valued at approximately $14,188,786.05. The trade was a 24.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Ron Stern sold 850,000 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $7.91, for a total value of $6,723,500.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,406,605 shares of company stock valued at $12,109,365 in the last 90 days. 1.60% of the stock is owned by corporate insiders.

Key Ondas News

Here are the key news stories impacting Ondas this week:

• Positive Sentiment: Lake Street sharply raised its price target to $19 (from $10), citing improved outlook that likely helped lift investor sentiment. Ondas price target raised to $19 from $10 at Lake Street
• Positive Sentiment: HC Wainwright remains constructive with a Buy rating and $25 target, and projects multi‑year profitability (FY2028/FY2029), supporting a longer‑term bullish thesis. MarketBeat: Ondas analyst notes
• Positive Sentiment: Needham / other outlets flagged the stock as expected to rise and noted an analyst upgrade that drove a strong intraday pop (shares were reported up after the upgrade). Ondas Stock Price Expected to Rise, Needham & Company LLC Analyst Says Ondas Shares Up 9% After Analyst Upgrade
• Positive Sentiment: Zacks and other commentators highlight Ondas’ OAS drone platform and backlog strength relative to peers, which supports raised revenue targets and helps justify higher valuations. ONDS vs RCAT analysis
• Neutral Sentiment: Retail chatter and trading interest have spiked (reported +131% week‑over‑week), increasing volume and volatility but not altering fundamentals by itself. Ondas retail chatter up 131% in a week
• Neutral Sentiment: Northland’s recent model updates are mixed: they raised FY2026/FY2027 and Q4‑2026 estimates (Q4‑2026 now forecast at ~$0.00) but trimmed FY2025 and Q4‑2025 forecasts — signalling improving longer‑term trajectory but near‑term variability. MarketBeat: Analyst estimate updates
• Negative Sentiment: Ondas sold approximately US$1 billion in equity, which caused a pullback (article notes a ~5.5% drop) despite raised guidance — dilution and the size of the capital raise are principal near‑term negatives to monitor. Why Ondas Is Down 5.5% After Raising Guidance And Selling US$1 Billion In Equity

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.