Ondas Holdings Inc. (NASDAQ:ONDS – Free Report) – Equities researchers at Northland Capmk issued their FY2026 earnings estimates for Ondas in a research report issued on Sunday, December 29th. Northland Capmk analyst M. Latimore expects that the company will post earnings per share of ($0.21) for the year. The consensus estimate for Ondas’ current full-year earnings is ($0.53) per share.
Separately, Northland Securities increased their price objective on shares of Ondas from $1.50 to $4.00 and gave the company an “outperform” rating in a research report on Monday.
Ondas Price Performance
Shares of NASDAQ:ONDS opened at $2.56 on Wednesday. The company has a market capitalization of $197.87 million, a PE ratio of -3.56 and a beta of 2.55. The business has a fifty day moving average price of $1.11 and a 200-day moving average price of $0.91. Ondas has a 1-year low of $0.54 and a 1-year high of $3.14. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.43 and a quick ratio of 0.21.
Ondas (NASDAQ:ONDS – Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.01). Ondas had a negative net margin of 544.24% and a negative return on equity of 183.49%. The company had revenue of $1.48 million for the quarter, compared to the consensus estimate of $1.32 million. During the same period last year, the business earned ($0.15) EPS.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its position in Ondas by 12.8% during the third 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. grew its stake in shares of Ondas by 35.8% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 407,400 shares of the company’s stock valued at $314,000 after purchasing an additional 107,400 shares during the period. Finally, Wealth Effects LLC grew its stake in shares of Ondas by 7.7% during the 3rd 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 period. Institutional investors own 37.73% of the company’s stock.
Insider Buying and Selling
In other news, Director Randy Seidl sold 21,359 shares of the firm’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $1.29, for a total transaction of $27,553.11. Following the sale, the director now owns 124,513 shares of the company’s stock, valued at $160,621.77. This trade represents a 14.64 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 13.90% of the stock is owned by company insiders.
Ondas Company Profile
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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