Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) – Stock analysts at Northland Capmk issued their FY2026 earnings per share (EPS) estimates for Ondas in a research report issued on Sunday, December 29th. Northland Capmk analyst M. Latimore expects that the company will post earnings of ($0.21) per share for the year. The consensus estimate for Ondas’ current full-year earnings is ($0.53) per share.
Separately, Northland Securities raised their price target on Ondas from $1.50 to $4.00 and gave the company an “outperform” rating in a research report on Monday.
Ondas Stock Performance
NASDAQ ONDS opened at $2.56 on Wednesday. Ondas has a 52-week low of $0.54 and a 52-week high of $3.14. The company has a fifty day moving average of $1.14 and a 200-day moving average of $0.93. The company has a market capitalization of $197.87 million, a P/E ratio of -3.56 and a beta of 2.55. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.21 and a current ratio of 0.43.
Ondas (NASDAQ:ONDS – Get Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.01). The company had revenue of $1.48 million for the quarter, compared to the consensus estimate of $1.32 million. Ondas had a negative net margin of 544.24% and a negative return on equity of 183.49%. During the same quarter in the previous year, the firm earned ($0.15) earnings per share.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC lifted its stake in shares of Ondas by 12.8% in the 3rd quarter. Geode Capital Management LLC now owns 622,595 shares of the company’s stock valued at $480,000 after acquiring an additional 70,502 shares during the last quarter. Diamond Hill Capital Management Inc. increased its stake in Ondas by 35.8% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 407,400 shares of the company’s stock worth $314,000 after purchasing an additional 107,400 shares during the period. Finally, Wealth Effects LLC lifted its position in Ondas by 7.7% in the third quarter. Wealth Effects LLC now owns 168,500 shares of the company’s stock valued at $130,000 after purchasing an additional 12,000 shares during the last quarter. 37.73% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, Director Randy Seidl sold 21,359 shares of Ondas stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $1.29, for a total value of $27,553.11. Following the transaction, the director now owns 124,513 shares in the company, valued at $160,621.77. This trade represents a 14.64 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.90% of the stock is currently owned by corporate insiders.
About Ondas
Ondas Holdings Inc, through its subsidiaries, provides private wireless, drone, and automated data solutions. It operates in two segments, Ondas Networks and Ondas Autonomous Systems. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks.
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