Ondas Q2 Revenue Beats by 23%, Raises 2026 Target to $525-$550M
ONDS has more than doubled off its 52-week low of $3.2.
Summary
Ondas reported Q2 revenue of $83.8M, beating the $67.97M consensus by 23% and up 67% sequentially. The company raised its full-year 2026 revenue target to $525-$550M, up from prior guidance, and guided Q3 revenue to $140-$155M. New orders of $175M in Q2 pushed backlog to $613M, and management expects adjusted EBITDA profitability at the operating platform level by Q4 2026. This follows a string of acquisitions (DZYNE, Cyberhawk, High Point UAS) and strong defense demand. The stock closed at $9.77 on August 12, with a median analyst price target of $19.00.
At the time of this announcement, ONDS was trading at $9.67 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.6B. The 52-week trading range was $3.20 to $15.28. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.