TLDR
- Ondas Holdings (ONDS) stock surged 23.58% this week after receiving an upgraded rating from Oppenheimer analysts.
- The investment firm assigned an “outperform” rating with a $12 price target, representing 67% potential upside.
- Q3 revenue soared 582% to $10.1 million compared to $1.48 million in the year-ago quarter.
- Full-year revenue guidance increased to $36 million from the previous $25 million estimate.
- The company reported a 26% gross margin with analysts projecting it could reach 70% in future years.
Ondas Holdings recorded a 23.58% weekly gain after receiving positive analyst coverage. Oppenheimer changed its stance on the defense technology company this week.
The firm moved its rating from “perform” to “outperform.” They established a $12 per share price target for the stock.
That target indicates 67% upside from the $7.18 Friday closing price. The rating change followed strong quarterly results from the company.
Third quarter revenue came in at $10.1 million. This represents a 582% increase from $1.48 million in last year’s comparable period.
Iron Drone and Optimus system deliveries powered the revenue surge. Military and public safety contracts drove demand for these products.
Revenue also benefited from the Apeiro Motion purchase. The company completed this acquisition in the second quarter.
Quarterly Loss Narrows
The net loss attributable to shareholders fell 17.7% to $8.78 million. Last year’s third quarter showed a $10.67 million loss.
However, adjusted EBITDA loss grew 23% to $8.76 million from $7.1 million. The company posted a 26% gross margin for the quarter.
Management boosted its revenue forecast for the full year. The new guidance calls for $36 million in revenue.
This marks an increase from the prior $25 million estimate. Strong core OAS business performance supports the higher projection.
Recent business acquisitions also contribute to the improved outlook. These deals closed in the second quarter of 2025.
Analyst Expectations and Market Growth
Oppenheimer analyst Tim Horan projects gross margins could hit 70% within several years. The company holds $840 million in pro forma cash reserves.
The Ondas Autonomous Systems backlog reached a record $22.2 million. Horan highlighted the company’s open platform technology structure.
This platform includes a broad network of technologies and partners. The company offers integrated air and ground protection capabilities.
Industry analysts forecast the Counter-UAS market will expand from $2.4 billion in 2024 to $10.5 billion by 2027. The stock traded at $6.56 Thursday before rising 18% Friday.
Shares ended Friday at $7.18 following the upgrade announcement. The weekly performance marked one of the strongest gains in recent months.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
