Added to YB: 2026-08-18
Pitch date: 2026-08-14
ONDS [neutral]
Ondas Inc.
-0.77%
current return
Author Info
No bio for this author
Company Info
Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally.
Market Cap
$5.3B
Pitch Price
$9.07
Price Target
11.00 (+22%)
Dividend
N/A
EV/EBITDA
-22.00
P/E
47.92
EV/Sales
22.60
Sector
Communications Equipment
Category
growth
Ondas Inc. Q2 2026 Financial Results Analysis
ONDS (earnings): Q2'26 rev $83.8M (+13x YoY, +67% QoQ), proforma organic +85%. FY26 guide raised to $525-550M; targets $1B annualized run-rate by Q4, EBITDA turnaround pulled forward (Op Platform Q4'26, group Q4'27). Adj GM slipping 56%→50.4%. $613M organic backlog (+33% QoQ), $11B pipeline, LUS IDIQ $982M ($240M booked). 5 acquisitions done via Palantir Foundry integration. Risks: $1.04B warrant liab, 39% share dilution (725M fully diluted), backlog 74% concentrated in Precision Strike/ISR, cash burn. At ~$9 stock already prices bull case (65% FY27 growth, 20% EBITDA). Author prefers building $5.5-7, trim >$11.
Read full article (32 min)