Analysts Update Their Price Forecasts For Ondas Holdings Inc (ONDS)

Ondas Holdings Inc (ONDS) concluded trading on Wednesday at a closing price of $2.37, with 7.76 million shares of worth about $18.39 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 109.73% during that period and on January 22, 2025 the price saw a gain of about 17.91%. Currently the company’s common shares owned by public are about 95.90M shares, out of which, 82.19M shares are available for trading.

Stock saw a price change of 19.10% in past 5 days and over the past one month there was a price change of 83.72%. Year-to-date (YTD), ONDS shares are showing a performance of -7.42% which increased to 80.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.54 but also hit the highest price of $3.40 during that period. The average intraday trading volume for Ondas Holdings Inc shares is 5.52 million. The stock is currently trading 2.66% above its 20-day simple moving average (SMA20), while that difference is up 60.40% for SMA50 and it goes to 142.12% higher than SMA200.

Ondas Holdings Inc (NASDAQ: ONDS) currently have 95.90M outstanding shares and institutions hold larger chunk of about 11.96% of that.

The stock has a current market capitalization of $227.28M. It has posted earnings per share of -$0.73 in the same period. It has Quick Ratio of 0.19 while making debt-to-equity ratio of 2.45. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ONDS, volatility over the week remained 13.80% while standing at 19.95% over the month.

Analysts are in expectations that Ondas Holdings Inc (ONDS) stock would likely to be making an EPS of -0.09 in the current quarter, while forecast for next quarter EPS is -0.07 and it is -0.32 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.09 which is -0.09 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.17 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 40.63% while it is estimated to increase by 44.98% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Ladenburg Thalmann on December 11, 2023 offering a Buy rating for the stock and assigned a target price of $3.50 to it. Coverage by Northland Capital stated Ondas Holdings Inc (ONDS) stock as an Outperform in their note to investors on February 16, 2021, suggesting a price target of $22 for the stock.

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