Ondas (ONDS) to Release Quarterly Earnings on Thursday

Ondas (NASDAQ:ONDS) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 15th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $4.94 million for the quarter. Ondas has set its FY 2025 guidance at EPS.

Ondas (NASDAQ:ONDS) last released its earnings results on Wednesday, March 12th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.05). Ondas had a negative return on equity of 183.49% and a negative net margin of 544.24%. The business had revenue of $4.13 million for the quarter, compared to the consensus estimate of $5.75 million. On average, analysts expect Ondas to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Ondas Stock Up 4.1%

NASDAQ:ONDS opened at $0.86 on Wednesday. Ondas has a twelve month low of $0.54 and a twelve month high of $3.40. The company has a market cap of $115.27 million, a price-to-earnings ratio of -1.20 and a beta of 1.91. The stock has a fifty day simple moving average of $0.83 and a 200-day simple moving average of $1.24. The company has a current ratio of 0.43, a quick ratio of 0.21 and a debt-to-equity ratio of 0.02.

Analysts Set New Price Targets

Separately, Lake Street Capital started coverage on shares of Ondas in a research note on Monday, April 14th. They issued a “buy” rating and a $2.50 price objective for the company.

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.