5 Best Robinhood Stocks Under $20 to Buy Now

In this article, we will list the 5 Best Robinhood Stocks Under $20 to Buy Now. Please visit 10 Best Robinhood Stocks Under $20 to Buy Now if you would like to see the extended list and the methodology behind it.

5. Ondas Inc (NASDAQ:ONDS)

Stock Price: $$13.22

Number of Hedge Fund Holders: 34

Stock Upside Potential: 65.65%

Ondas Inc (NASDAQ:ONDS) is among the best Robinhood stocks under $20 to buy now. Ondas Inc (NASDAQ:ONDS) shares have gained more than 30% in the past month and surged more than 980% over the past year. The Street expects ONDS stock to keep going up over the next 12 months, amid growing interest in drone stocks as the Pentagon weighs funding the industry.

According to a Wall Street Journal report on May 27, the Trump administration is looking at funding a group of drone companies. The Pentagon is pursuing funding deals that would include debt and equity, with the goal of supporting domestic production of drones and lowering the cost of these products.

Ondas Inc provides autonomous drone systems for defense and homeland security, and the company is doing well in business. Ondas shares have soared on the back of strong Q1 2026 results. Revenue increased 10-fold year-over-year to $50.1 million, and pro forma backlog rose 570% quarter-over-quarter to $68.3 million. The company posted a net income of $361.2 million, compared with a net loss of $15.3 million a year ago.

Looking ahead, Ondas raised its full-year 2026 revenue expectation to at least $390 million, indicating a potential 670% YoY growth. The company expects global demand for autonomous systems to continue fueling its growth.

Ondas Inc (NASDAQ:ONDS) is a leading provider of autonomous systems and private wireless solutions to industrial and government customers. It provides automated drone platforms and robotic interceptors for defense and homeland security. It also builds private wireless networks for heavy industries to support secure and reliable communications.