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ONDSOndas Holdings Inc.
$7.40$4.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
ONDS logo

Ondas Holdings Inc.

ONDS
NASDAQ · Communication Equipment
$7.40
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$4.22B
P/E-11.9x
52W High$15.28
Volume53.47M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Acquisition-Fueled Growth Masks Deep Operational Losses

Ondas Holdings is experiencing explosive revenue growth, scaling from sub-$10M quarterly revenue to $83.8M in Q2 2026, driven by a strategy of aggressive acquisitions. However, this growth has not translated to profitability, as operating losses widened to -$1...

GrowthAccelerating
ProfitabilityWeak
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

ONDS price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

-153% Peers

P/E is 153% below peer median

03

Market leadership

RS 25 · Lag

Laggard (Underperforming 75% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 12

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
ONDS-32.85%
S&P 500 (^GSPC)+12.39%
1-Year Return
ONDS-6.09%
S&P 500 (^GSPC)+15.77%
3-Year Return
ONDS+942.25%
S&P 500 (^GSPC)+59.98%
5-Year Return
ONDS-3.14%
S&P 500 (^GSPC)+65.80%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-11.9x
Forward P/E
23.9x
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-11.9x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$9.32+25.9%
Base (Fair)$10.91+47.6%
Bull$9.83+32.8%
$9.32 Bear$10.91 Base$9.83 Bull
Current Market Price: $7.40
Trades at a 32.2% discount to Base DCF ($10.91)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$51M+605.3% YoY
Net income
-$132M-247.4% YoY
Free cash flow
-$41M-16.1% YoY
Operating margin
-115.1%+366.1 pts YoY
ROIC (TTM)-
Avg ROIC 5Y-
ROE (TTM)-51.7%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (33%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 13, 2026
-$0.19-111.1%
vs -$0.09
$84M+23.2%
vs $68M
Q2 2026
May 14, 2026
$0.81+1597.7%
vs -$0.05
$50M+27.3%
vs $39M
Q2 2026
Mar 23, 2026
-$0.39-550.0%
vs -$0.06
$30M+8.2%
vs $28M
Q4 2025
Nov 13, 2025
-$0.06-54.6%
vs -$0.04
$10M+43.6%
vs $7M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Accesswire·13h ago
Ondas Acquires Three Defense Technology Businesses to Expand Its Integrated Autonomous Defense Systems Platform

Acquisitions add field-deployed and near-term mission-ready capabilities across acoustic intelligence, resilient communications, remote operations and GNSS-denied navigation, strengthening existing Ondas platforms and enabling new integrated solutions and revenue opportunities. Insignito adds a unique passive acoustic sensing layer to detect, classify, and track drones particularly useful for small FPV drone systems and fiber optic systems that are difficult to detect by traditional methods.

Defense World·2d ago
Ondas Holdings Inc. (NASDAQ:ONDS) Given Average Rating of “Moderate Buy” by Analysts

Ondas Holdings Inc. (NASDAQ: ONDS - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the ten ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating

Benzinga·5d ago
Red Cat, Ondas Miss the Cut in Pentagon's Latest Drone Dominance Round

The Pentagon's Gauntlet II results are posted, and the scoreboard belongs almost entirely to private companies.

24/7 Wall Street·5d ago
Red Cat and Unusual Machines Fall 3% as Drone Selloff Extends; Ondas Slips

Small-cap drone stocks are extending a week of pressure Friday morning, with the group's most-followed names sliding again while the wider market barely budges.

Filtered for Ondas Holdings Inc.More Headlines
04

Compare before deciding

Benchmark ONDS against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Ondas Holdings Inc. (ONDS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ONDS logoONDSOndas Holdings Inc.Current
$7.40$4.22B-11.94605.28%-260.23%-51.71%—
AVAV logoAVAVAeroVironment, Inc.
$155.94$7.89B-28.88140.89%-10.13%-4.64%—
KTOS logoKTOSKratos Defense & Security Solutions, Inc.
$46.16$8.66B355.0818.52%2.03%1.14%—
RCAT logoRCATRed Cat Holdings, Inc.
$6.59$796.38M-10.98459.81%-189.21%-34.19%—
JOBY logoJOBYJoby Aviation, Inc.
$6.25$6.15B-5.5339183.09%-755.11%-58.25%—
ACHR logoACHRArcher Aviation Inc.
$5.71$4.34B-5.77—-11589.86%-40.74%—

Compare ONDS vs Peers

Ondas Holdings Inc. (ONDS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AVAV

Most directly comparable listed peer for ONDS.

Scale Benchmark

vs NOC

Larger-name benchmark to compare ONDS against a more recognizable public peer.

Peer Set

Compare Top 5

vs AVAV, KTOS, RCAT, JOBY

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

ONDS SEC Filings & Documents

Ondas Holdings Inc. (ONDS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 28, 2026·SEC

Material company update

Aug 13, 2026·SEC

Material company update

Aug 10, 2026·SEC

10-K Annual Reports

1
FY 2026

Mar 30, 2026·SEC

10-Q Quarterly Reports

2
FY 2026

Aug 13, 2026·SEC

FY 2026

May 15, 2026·SEC

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ONDS Frequently Asked Questions

Ondas Holdings Inc. (ONDS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Ondas Holdings Inc.'s revenue?

Ondas Holdings Inc. (ONDS) reported $174.1M in revenue for fiscal year 2025. This represents a 8540% increase from $2.0M in 2014.

How fast is Ondas Holdings Inc. growing?

Ondas Holdings Inc. (ONDS) grew revenue by 605.3% over the past year. This is strong growth.

Is ONDS profitable?

Yes, Ondas Holdings Inc. (ONDS) is profitable, generating $167.6M in net income for fiscal year 2025 (-260.2% net margin).

Dividend & Returns
What is ONDS's return on equity?

Ondas Holdings Inc. (ONDS) has a return on equity (ROE) of -51.7%. Negative ROE indicates the company is unprofitable.

What is Ondas Holdings Inc.'s free cash flow?

Ondas Holdings Inc. (ONDS) had negative free cash flow of $170.6M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ONDS back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →