Does Wall Street have this one nailed or dead wrong? $Ondas(ONDS.US)
Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally. It operates through the Ondas Networks and O...
ONDS.US traded sharply higher during the regular session, rising approximately 5.0% to $9.565 as of 10:10 AM ET, driven by news of winning an NFL counter-drone contract to protect the Jacksonville Jaguars' EverBank Stadium. This commercial validation follows recent wins of a $6M+ Air Force contract and a $50M+ U.S. Army order via Mistral subsidiary. The stock gapped up 3.37% in pre-market trading to $9.490, briefly dipped to an intraday low of $9.185 before recovering. Q1 revenue surged 1,079.9% YoY to $50.1M, net profit swung to $256M, and EPS reached $0.56, though operating income remained negative. The stock is still 37.4% below its 52-week high of $15.28 and down 13.2% YTD, but has reclaimed both its MA20 ($7.856) and MA60 ($8.929). However, the company remains among the most heavily shorted technology stocks, warranting caution on short-term volatility.
Ondas rose about 5.5% intraday to $8.84, driven by BlackRock's disclosure of a 7.2% passive stake (id:294321262) and a co-led strategic investment in AI counter-drone startup FPF Defense (id:293757039). The stock opened firm, hit a session high of $9.02, then pulled back to $8.84, forming a 'surge-and-reversal' pattern on turnover of $143.9 million. Q1 revenue surged 1079.9% YoY to $50.12 million, with net profit turning positive at $256.0 million; PE stands at 33.4x and PB at 4.17x. However, the stock remains 42.18% below its 52-week high of $15.28 and trades below the MA60 of $8.93, suggesting valuation recovery awaits further earnings validation.
Ondas shares surged in regular trading, closing the session at $7.865 as of 10:12 ET, up 5.0% from the prior close of $7.49, driven by a strong Q1 earnings turnaround and BlackRock's disclosed passive stake. The stock opened lower at $7.255 and then staged a single-session rally to its intraday high of $7.865, representing an 8.1% range. Q1 revenue skyrocketed 1079.9% YoY to $50.12 million, with net income swinging to a profit of $256.04 million, EPS of $0.56, though operating income remained negative at -$42.67 million. BlackRock's 7.2% passive stake boosted sentiment, alongside news of an investment in counter-drone startup FPF Defense. However, the stock remains 48.5% below its 52-week high of $15.28, trading above the 20-day MA ($7.41) but below the 60-day MA ($8.923), with a YTD decline of 28.6%.
ONDS.US experienced a sharp decline during regular trading, last trading at $7.205 as of 10:10 ET, down approximately 6.7%, primarily driven by concerns over profit sustainability and high valuation. The stock opened lower and continued to fall from the pre-market level near $7.77, breaking below its 20-day moving average of $7.394. It remains 52.85% below its 52-week high of $15.28 and has declined 34.62% year-to-date. Despite strong Q1 2026 earnings, with revenue surging 1079.9% YoY to $50.12 million and net profit of $256 million, operating income remained negative at -$42.67 million, and the company posted a net loss of $101 million in Q4 2025, fueling market skepticism about the durability of its profitability. However, BlackRock's disclosure of a 7.2% passive stake, recent $70 million defense orders, and a strategic investment in counter-drone startup FPF Defense offered some support.
ONDS staged a single-session rally today, closing at $7.158, up 5.3% from the prior close of $6.800, driven by BlackRock's disclosure of a 7.2% passive stake and the company co-leading a strategic investment in counter-drone developer FPF Defense. Q1 revenue surged 1079.9% YoY to $50.12 million, with EPS of $0.56, achieving profitability, though operating income remained negative at -$42.67 million. However, the stock remains 53.15% below its 52-week high of $15.28 and below both its MA20 ($7.383) and MA60 ($8.971), with a YTD decline of 35.05%.
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