Why Analysts Think Ondas Inc. (ONDS) Still Has Room to Run

Ondas Inc. (NASDAQ:ONDS) is among the most traded US stocks so far in 2026. On May 19, Needham maintained a Buy rating and a price target of $23 on Ondas Inc. (NASDAQ:ONDS). This comes after the Omnisys acquisition, which the firm believes represents one of the company’s most strategically significant transactions till now.

Back on May 14, Ondas Inc. (NASDAQ:ONDS) delivered outstanding results for Q1, achieving a revenue of $50.1 million, which represents a ten-fold YoY and 66% QoQ surge. Thanks to its Core + Strategic Growth Program, the company was able to accelerate momentum and fuel strong execution.

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What’s even more noteworthy is the raised revenue guidance for full-year 2026 to at least $390 million, representing nearly 670% YoY jump. The growth is anticipated to be broad-based across the company’s product offering and is backed by $457 million in backlog. With plans to execute additional acquisitions in 2026, Ondas Inc. (NASDAQ:ONDS) expects adjusted EBITDA losses to remain elevated in the second quarter.

The company also revised its outlook for OAS-adjusted EBITDA profitability, now forecasting achievement in Q1 2027 versus its previous expectation of Q3 2027. Although the company’s 1-year returns are nothing short of exceptional, its negative margins and net income shift sentiment, making Ondas Inc. (NASDAQ:ONDS) one of the most traded US stocks so far in 2026.

Ondas Inc. (NASDAQ:ONDS) is a Florida-based company providing private wireless, drone, and automated data solutions. Founded in 2014, the company operates through two segments: Ondas Networks and Ondas Autonomous Systems.

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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