Ondas Holdings Outlook: Mixed Technical and Fundamentals Signal a Wait-and-See Approach

Market SnapshotTakeaway: Ondas Holdings (ONDS.O) is in a technical holding pattern, with mixed signals suggesting a period of consolidation ahead. Stance: Caution advised.News Highlights Trump’s Tariff Policy – Recent announcements on tariffs continue to ripple through sectors, including potential impacts on wireless and industrial services. This could indirectly affect ONDS.O, which operates in tech-driven markets. 5G Growth Report Released – A recent study highlighted 10 growth opportunities in enterprise wireless services, pointing to a strong future for 5G. This bodes well for Ondas, which could benefit from increased demand for next-gen communication tech. Telecom Earnings Reports – Mixed results across telecom firms like Keysight and TDS suggest a sector in transition. While some outperformed expectations, others saw stock drops. Ondas may face similar volatility.

Analyst Views & FundamentalsThe stock has drawn two recent Strong Buy ratings from Needham and Lake Street, with a simple average rating of 5.00 and a historical performance-weighted rating of 4.32. Despite this bullish sentiment, the current price is down 19.80%, creating a mismatch with the optimistic outlook. Analyst ratings are not in full agreement, suggesting some divergence in views.

Key Fundamentals Price-to-Book (PB): 148.37% (value: 1.48) – Internal diagnostic score: 1.00. Suggests the stock is significantly overvalued based on book value. Price-to-Cash Flow (PCF): -31.37 (value: -31.37) – Internal diagnostic score: 2.00. Reflects poor cash flow relative to price. Price-to-Earnings (PE): -109.11 (value: -109.11) – Internal diagnostic score: 1.00. Indicates the company is not currently profitable. Return on Assets (ROA): -5.88% (value: -0.06) – Internal diagnostic score: 1.00. A negative ROA raises concerns about asset efficiency. Gross Profit Margin (GPM): 25.79% (value: 0.26) – Internal diagnostic score: 2.00. A decent margin, but room for improvement. GMAR (Gross Margin Adjusted Return): 25.79% (value: 0.26) – Internal diagnostic score: 3.00. Suggests mixed performance in margin-adjusted returns.

Money-Flow TrendsDespite the price drop, big-money investors remain cautiously optimistic. The fund-flow score is a 7.82 (good), with inflow ratios across all sizes (small, medium, large, and extra-large) hovering just below 50%, indicating a slight negative trend. However, the inflow ratio for block trades is at 48.6%, which suggests institutional buyers are still showing interest. In contrast, retail investors are less active, keeping flows neutral to bearish.

Key Technical SignalsTechnically, Ondas is in a wait-and-see phase with a score of 5.5. The chart has shown a mix of bearish and bullish indicators, with the strongest recent signal being the Bullish Harami Cross, which scored an internal diagnostic score of 8.6. This pattern often precedes a reversal and could be a positive sign.

Recent Chart Patterns December 10, 2025: Bullish Harami Cross appeared, suggesting a potential reversal. December 15, 2025: Williams %R entered oversold territory (score: 3.1), indicating a possible bounce. December 9–12, 2025: Long Upper Shadow and Long Lower Shadow formed, showing a volatile session with indecision.

Technical InsightsAccording to the model, market momentum is unclear, with balanced bullish and bearish forces. Traders are advised to monitor the chart closely for a breakout or breakdown, especially after key levels are tested.

ConclusionWith a fundamental score of 4.07 and a technical score of 5.5, Ondas Holdings is in a mixed but not alarming position. Analysts remain bullish, but the price is currently drifting lower. Consider waiting for a pull-back or a clear breakout from the recent volatility before taking a position. For now, trading on the sidelines or setting tight stops may be prudent.