Ondas Holdings Inc. (NASDAQ:ONDS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Ondas Holdings Inc. (NASDAQ:ONDS) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $17.2857.

Several equities analysts have recently commented on the stock. Northland Securities set a $16.00 target price on shares of Ondas in a report on Tuesday, January 20th. Stifel Nicolaus boosted their price target on shares of Ondas from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Oppenheimer increased their price objective on shares of Ondas from $12.00 to $16.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. Needham & Company LLC lifted their target price on Ondas from $12.00 to $17.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, Zacks Research downgraded Ondas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th.

Insider Activity

In related news, CFO Neil J. Laird sold 4,526 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $42,906.48. Following the completion of the transaction, the chief financial officer directly owned 8,224 shares of the company’s stock, valued at approximately $77,963.52. This trade represents a 35.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jaspreet K. Sood sold 29,698 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total transaction of $281,537.04. Following the sale, the director directly owned 175,631 shares in the company, valued at approximately $1,664,981.88. The trade was a 14.46% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 556,605 shares of company stock worth $5,385,865. 1.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ondas

Institutional investors and hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. raised its holdings in Ondas by 154.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock valued at $31,000 after buying an additional 9,904 shares during the period. IFP Advisors Inc raised its stake in shares of Ondas by 231.4% in the third quarter. IFP Advisors Inc now owns 4,142 shares of the company’s stock valued at $32,000 after acquiring an additional 2,892 shares during the period. Avion Wealth raised its stake in shares of Ondas by 100.0% in the fourth quarter. Avion Wealth now owns 4,000 shares of the company’s stock valued at $39,000 after acquiring an additional 2,000 shares during the period. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Ondas by 228.6% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,403 shares of the company’s stock worth $43,000 after acquiring an additional 3,063 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Ondas by 1,005.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,398 shares of the company’s stock worth $43,000 after purchasing an additional 4,000 shares during the period. Hedge funds and other institutional investors own 37.73% of the company’s stock.

Ondas Trading Up 4.9%

NASDAQ ONDS opened at $10.51 on Thursday. Ondas has a 12 month low of $0.57 and a 12 month high of $15.28. The stock has a market cap of $4.44 billion, a PE ratio of -26.28 and a beta of 2.47. The stock’s 50 day moving average is $10.97 and its 200 day moving average is $8.56.

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.