Look At Ondas Inc (ONDS) Stock After Record Q1 Results

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.

Look At Ondas Inc (ONDS) Stock After Record Q1 Results

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.

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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