Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Ondo InsurTech Plc ( (GB:ONDO) ) has shared an announcement.
Ondo InsurTech PLC reported a 26% increase in revenues for the first half of 2025, driven by substantial growth in the United States, which now accounts for the majority of its revenue. The company’s recurring revenue model has seen significant adoption, particularly in the US, where customer numbers and revenues have grown seven-fold. Ondo is expanding its operations across 26 US states and has announced new contracts with major insurers, including Nationwide and Liberty Mutual. The company is also investing in infrastructure and new product development to support further growth and maintain its market-leading position.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Spark’s Take on GB:ONDO Stock
According to Spark, TipRanks’ AI Analyst, GB:ONDO is a Neutral.
Ondo InsurTech Plc’s overall stock score is primarily impacted by its financial performance, which is a major concern due to negative profitability and high leverage. Technical analysis provides a neutral outlook, while valuation metrics highlight ongoing financial challenges.
To see Spark’s full report on GB:ONDO stock, click here.
More about Ondo InsurTech Plc
Ondo InsurTech PLC is a London-listed company specializing in claims prevention technology for home insurers. The company focuses on providing solutions to prevent insurance claims, with a significant market presence in the United States, where it has become the primary driver of growth.
Average Trading Volume: 630,258
Technical Sentiment Signal: Strong Buy
Current Market Cap: £42.97M
Learn more about ONDO stock on TipRanks’ Stock Analysis page.