TLDR
- Ondas Holdings (ONDS) stock has surged 518% over the past 12 months and is up 27% in 2026 so far.
- H.C. Wainwright analyst Amit Dayal raised the price target to a Street-high $25, implying 102% upside potential.
- The company raised $1 billion in capital and now holds over $1.5 billion in cash on its balance sheet.
- Management increased 2026 revenue guidance to $170-180 million from $140 million and targets $1.5 billion by 2030.
- All eight Wall Street analysts covering ONDS maintain Buy ratings on the stock.
Ondas Holdings stock has become one of the market’s hottest performers. The shares have climbed 518% over the past year.
The momentum hasn’t stopped in 2026. ONDS stock is already up 27% this year.
Wall Street analysts are raising their targets to keep up. H.C. Wainwright analyst Amit Dayal just lifted his price target from $12 to $25. That’s the highest on the Street.
The new target suggests another 102% gain from current levels. Dayal maintains his Buy rating on the stock.
The company completed a $1 billion capital raise recently. Net proceeds totaled $959.2 million. Total cash now exceeds $1.5 billion.
That war chest gives Ondas serious firepower for acquisitions. The company maintains a pipeline of potential M&A targets in the autonomous aerial and robotics markets.
Revenue Targets Get a Major Boost
Management increased its 2026 revenue guidance. The new range is $170 million to $180 million. That’s up from the previous target of $140 million.
The company isn’t stopping there. Ondas has set a longer-term revenue goal of $1.5 billion by 2030.
Dayal believes the company can hit these targets. He raised his own 2030 revenue estimate from $453 million to $1.1 billion.
His 2037 forecast jumped from $2.6 billion to $7.9 billion. The analyst sees accelerating adoption of drones and robotics driving growth.
The addressable market exceeds $7 billion annually today. It could surpass $100 billion over the next decade.
U.S., European, and Israeli defense markets are key growth drivers. The adoption curve for unmanned systems is steepening.
Strong Financial Position Supports Growth Plans
The company targets gross margins above 50% as it scales. That compares to 12% to 30% for legacy defense contractors.
Ondas could reach profitability within two years. The balance sheet now supports larger government and commercial contract pursuits.
Stifel also raised its price target on ONDS this week. The firm lifted its target to $18 from $17 while keeping a Buy rating.
The adjustment came after Ondas held a virtual investor day. The company showcased its Autonomous Systems portfolio and recent acquisitions.
Stifel noted the company has raised $1.8 billion in the last six months. Ondas has partnered with leading contract manufacturers and built a strong operating team.
Fourth quarter 2025 results beat expectations. Revenue came in between $27.0 million and $29.0 million. That topped previous targets by 51%.
Full-year 2025 revenue landed between $47.6 million and $49.6 million. The figure represents a 23% increase over earlier projections.
The company has more than $500 million in its sales pipeline. Multiple active M&A targets remain under consideration.
All eight analysts covering ONDS rate it a Buy. The average price target sits at $17.50, suggesting 42% upside from current levels.
The stock currently trades at $13.13. Dayal expects plenty of volatility but believes the longer-term trend points higher.
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
