FY2026 Earnings Forecast for Ondas Issued By Northland Capmk

Ondas Holdings Inc. (NASDAQ:ONDS - Free Report) - Equities researchers at Northland Capmk issued their FY2026 EPS estimates for Ondas in a research note issued on Sunday, December 29th. Northland Capmk analyst M. Latimore forecasts that the company will earn ($0.21) per share for the year. The consensus estimate for Ondas' current full-year earnings is ($0.53) per share.

Separately, Northland Securities upped their price objective on Ondas from $1.50 to $4.00 and gave the stock an "outperform" rating in a research note on Monday.

Ondas Stock Performance

Shares of NASDAQ:ONDS traded down $0.23 during mid-day trading on Wednesday, reaching $2.56. 9,064,036 shares of the company traded hands, compared to its average volume of 1,059,124. The company's 50 day moving average price is $1.14 and its 200-day moving average price is $0.93. The firm has a market cap of $197.87 million, a PE ratio of -3.56 and a beta of 2.55. Ondas has a 52 week low of $0.54 and a 52 week 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 (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.01). The business had revenue of $1.48 million during the quarter, compared to analysts' expectations of $1.32 million. Ondas had a negative return on equity of 183.49% and a negative net margin of 544.24%. During the same period in the previous year, the business posted ($0.15) EPS.

Institutional Trading of Ondas

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wealth Effects LLC lifted its stake in shares of Ondas by 9.8% during the second quarter. Wealth Effects LLC now owns 156,500 shares of the company's stock worth $91,000 after buying an additional 14,000 shares during the period. Diamond Hill Capital Management Inc. lifted its position in Ondas by 17.2% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 300,000 shares of the company's stock worth $174,000 after acquiring an additional 44,000 shares during the period. Finally, Geode Capital Management LLC grew its stake in Ondas by 12.8% during the 3rd quarter. Geode Capital Management LLC now owns 622,595 shares of the company's stock valued at $480,000 after purchasing an additional 70,502 shares during the last quarter. Institutional investors own 37.73% of the company's stock.

Insiders Place Their Bets

In other Ondas news, Director Randy Seidl sold 21,359 shares of Ondas stock in a transaction on Thursday, December 19th. The stock was sold at an average price of $1.29, for a total transaction of $27,553.11. Following the completion of the sale, the director now directly owns 124,513 shares of the company's stock, valued at $160,621.77. The trade was a 14.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 13.90% of the company's stock.

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.