Lake Street Lifts Ondas Holdings Inc. (ONDS)’s Price Target, Maintains Buy Rating Following Roboteam Acquisition

Ondas Holdings Inc. (NASDAQ:ONDS) is among the 10 Best Drone Stocks to Buy Right Now. On November 26, Lake Street analyst Max Michaelis lifted his price target on the stock to $10 from $9, while maintaining a Buy rating.

Lake Street Lifts Ondas Holdings Inc. (ONDS)'s Price Target, Maintains Buy Rating Following Roboteam Acquisition

Lake Street’s update follows the company’s announcement a day prior to acquire Roboteam in an $80 million agreement. The analyst anticipates Ondas Holdings Inc. (NASDAQ:ONDS) to continue its investments over the next year, with more such deals potentially in the offing.

The move is expected to bolster Ondas Holdings Inc. (NASDAQ:ONDS)’s position as an autonomy leader across domains by combining its autonomous aerial systems with Roboteam’s expertise in ground robotics.

For context, the Israeli firm’s products and services are used by around 30 militaries, which is expected to benefit Ondas through continued sales opportunities and the potential to be considered for future defense programs.

Moreover, Ondas Holdings Inc. (NASDAQ:ONDS) projects to generate between $3-4 million in revenue from Roboteam during the fourth quarter of fiscal 2025, with the figure projected at around $30 million for 2026. As a result, Lake Street believes the company is well-positioned to achieve its target of $110 million in revenue in 2026.

Based on the ratings and price targets of 7 Wall Street analysts, the stock has a consensus Buy rating with a one-year average share price target of $11, representing an upside potential of 33.50% from Wednesday’s close.

Ondas Holdings Inc. (NASDAQ:ONDS) provides private wireless solutions and autonomous aerial and ground robot intelligence. The stock has soared in 2025, returning 222% year-to-date as of the close on November 26.

While we acknowledge the risk and potential of ONDS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ONDS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.