Ondas Boosts Full-Year Revenue Forecast to $390M on Record Q1 Performance, Product Companies Hit EBITDA Positive Early
ONDS has more than doubled off its 52-week low of $0.76.
Summary
Ondas Inc. reported record first-quarter 2026 financial results, with revenue of $50.1 million, a tenfold increase year-over-year and 25% above the high end of its guidance. Critically, the company raised its full-year 2026 revenue forecast to at least $390 million, representing an approximate 670% year-over-year increase. This strong performance, which includes product companies achieving adjusted EBITDA positive six months ahead of targets and a surging pro forma backlog of $457 million, significantly exceeds prior expectations, especially given a recent Reuters projection of a Q1 loss. The substantial upward revision to guidance and early profitability indicate robust operational execution and strong demand in its autonomous systems and defense robotics markets. Traders will be watching for continued execution on these aggressive growth targets and the impact of recent acquisitions and strategic partnerships on future quarters.
At the time of this announcement, ONDS was trading at $9.41 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $0.76 to $15.28. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Access Newswire.