NASDAQ: ONDS

Ondas (ONDS) Stock Analysis & Forecast

Sep 28 close

$7.68+0.04 (+0.5%)

Gekko Brief

AI summary

Ondas moves this week on a wave of dealmaking and new contract wins across its autonomous defense platform. The company disclosed acquisitions of three defense technology businesses for $56 million, adding acoustic intelligence, resilient communications and GNSS-denied navigation capabilities, following what one report described as a broader acquisition spree of five defense technology companies this month. Separately, Ondas' Cyberhawk secured a multi-year agreement with SSE plc covering electricity network inspection and surveying across the UK, with scope extending into offshore wind turbine inspection, marking the third consecutive long-term award in that relationship. Drone-sector peers also moved together this week, with Ondas cited as climbing alongside Unusual Machines and Red Cat.

The stock closes at $7.68, down from both its 50-day average of $8.02 and its 200-day average of $9.47, with the shorter average below the longer one, reflecting a headwind trend. The GekkoIndex reads 58.9, placing it in the Neutral zone, down 4.1 over five days. Price sits 34.7% below Gekko Fair Value of $11.77.

Over the next 20 trading days, the next earnings report is due 12 November 2026, outside that window. Smart-money activity shows one unusual options signal in the last 30 days, with call premium of $181,652 against put premium of $90,272. Consensus among 8 firms stands at 8 buy ratings with a $19.42 price target. Seasonality over 5 years shows an average 20-day return of -3.5% from this point in the calendar, positive in 2 of those years.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Ondas price vs fair value

$11.77$7.68Sep ’25Mar ’26Sep ’26
Close $7.68200-day averageGekko Fair Value $11.77

Ondas quick facts

Market cap
$4.38B
P/E ratio
—
Forward P/E
45.1
EPS, TTM
−$0.03
Revenue, TTM
$174.1M
Profit margin
96.3%
Dividend yield
—
Beta
2.74
Volume
52.70M avg 62.61M
1-year return
−0.9%
Typical daily move
±4.8%
Typical 20-day move
±19.7%
50-day average
$8.02
200-day average
$9.47
Next earnings
Nov 12 before open
Shares outstanding
582.3M
52-week range
$4.95$15.28

Ondas swing-trade checklist

Ondas scores 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $7.68 is below the 50-day ($8.02) and 200-day ($9.47) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexmixed

    58.9, Neutral

    Reading 58.9 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    34.7% below

    Price is 34.7% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 44 days

    Next report Nov 12, 2026, 44 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −3.5% on average

    From this point in the calendar, the next 20 trading days averaged −3.5% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Ondas stock chart and price history

Ondas closed at $7.68 on Sep 28, 2026, −0.9% over the past year, inside a 52-week range of $4.95 to $15.28.

Close50-day average200-day averageVolume
Ondas share price, past year, with 50-day and 200-day moving averages and volume$5$10NovDecJan 2026FebMarAprMayJunJulAugSep7.68

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−12.2%
3 months
−4.2%
6 months
−12.7%
1 year
−0.9%
The full ONDS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ONDS in Gekko

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About Ondas

Ondas provides wireless communication and drone-based automation systems for organizations that manage large, dispersed operations. Its work centers on two product lines: a broadband radio platform called FullMAX, built for secure and reliable connectivity in demanding industrial settings, and an automated drone system known as Scout, which combines an imaging-equipped aircraft with a docking and charging station and software for reviewing the data collected.

The company operates through two subsidiaries that reflect these two lines of business. Ondas Networks designs, builds and supports the FullMAX radio system, while American Robotics develops the Scout drone, its ScoutBase housing and charging unit, and the ScoutView analytics software. Together these offerings are used by organizations in railway operations, energy, mining, agriculture, and other infrastructure-heavy fields, with customers located both within the United States and abroad.

Ondas is headquartered in Waltham, Massachusetts. Its shares trade on the NASDAQ under the ticker ONDS.

Listed
NASDAQ
Sector
Electronic technology
Industry
Telecommunications equipment
Website
ondas.com

Ondas GekkoIndex: the smart money zone

Ondas’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 58.9, in the Neutral zone, down 4.1 points over five sessions.

010058.9Neutral

Down 4.1 points over five sessions, from the Accumulation zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying30+2.8%+6.2%+14.2%+6.7%
Accumulation273+3.0%+3.3%+8.7%+29.6%
Neutral (current zone)313+3.3%+8.9%+17.2%+49.2%
Distribution49−0.6%−1.3%+4.6%+30.3%
Selling7Too few readings yet

Average ONDS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ONDS price, zone by zone.Track ONDS in Gekko

Is Ondas stock overvalued? Gekko Fair Value

Ondas trades 34.7% below Gekko Fair Value of $11.77, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Ondas shares are worth, recalculated every trading day.

$11.77

Gekko Fair Value, Sep 26, 2026

34.7% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ONDS in Gekko

Ondas insider and Congress trading

No open-market insider purchases were filed for Ondas, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ONDS in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ONDS insider filing, plotted on the chart in Gekko.Open ONDS in Gekko

Congress trades last 90 days

No trades in ONDS were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ONDS, plotted on the chart in Gekko.Open ONDS in Gekko

Buybacks

Ondas has been buying back its own shares.

Bought back, year ended Dec 31, 2018
$3K
As a share of market cap
0.00%

From company filings.

Unusual options activity last 30 days

1signal, 67% of the flagged premium in calls.

Latest: Bullish flow on Sep 24, $272K in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds ONDS.

0added1opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Ondas earnings: next date and track record

Ondas reports on Nov 12, 2026, before the open (44 days away), and beat the EPS estimate in 2 of its last 8 reports.

2 of 8reports beat the EPS estimate
±10.3%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

−5.4%Nov ’24−6.5%Mar ’25+6.2%May ’25+2.6%Aug ’25+30.3%Nov ’25+6.2%Mar ’26+19.9%May ’26−5.4%Aug ’26

Last earnings call, Aug 13, 2026 AI summary

What they said
Ondas reported record Q2 2026 revenue of approximately $83.8 million, representing over 13-fold year-over-year growth. The company is executing its 'Core + Strategic Growth' plan under the 'One Ondas' integrated platform strategy, combining multi-domain ISR, Counter-UAS, and AI-enabled systems. Growth is broad-based across core businesses with large backlog conversions underway. Management highlighted operational scaling across 60+ countries.
Guidance
Ondas raised its full year 2026 revenue target to $525 million–$550 million, citing strong backlog visibility and expected significant revenue ramp in H2 2026. Management anticipates continued momentum driven by core business strength and emerging platform transitions.
Risks flagged
Near-term gross margin pressure in H2 2026 due to product mix and recently acquired excess capacity; high operating expenses currently driven by acquisitions and growth OpEx (some noncash items); supply chain constraints and the need to scale vendor ecosystems; execution risk converting a large $11B pipeline into booked orders and revenue; forward-looking statements subject to typical SEC-filed risks.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 13, 2026−$0.19
est −$0.09
−111.1%$83.77M
est $67.97M
+23.2%−5.4%
May 14, 2026$0.81
est −$0.05
+1,597.7%$50.12M
est $39.36M
+27.3%+19.9%
Mar 23, 2026−$0.39
est −$0.06
−550.0%$30.10M
est $27.82M
+8.2%+6.2%
Nov 13, 2025−$0.06
est −$0.04
−54.6%$10.10M
est $7.03M
+43.6%+30.3%
Aug 12, 2025−$0.08
est −$0.11
+27.3%$6.27M
est $6.92M
−9.4%+2.6%
May 15, 2025−$0.15
est −$0.11
−36.4%$4.25M
est $4.36M
−2.5%+6.2%
Mar 12, 2025−$0.14
est −$0.09
−55.6%$4.13M
est $5.61M
−26.4%−6.5%
Nov 12, 2024−$0.15
est −$0.12
−25.8%$1.48M
est $5.75M
−74.3%−5.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Ondas stock forecast and analyst price targets

Analysts’ average 12-month price target for Ondas is $19.42, +152.9% from the last close, from 8 firms rating the stock in the last 90 days.

$19.42consensus 12-month target, +152.9% from the last close
Low $13High $25
Buy8
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 28Northland SecuritiesBuy, maintained$18+134.4%
Sep 23Roth MKMBuy, maintained$13+69.3%
Sep 22H.C. WainwrightBuy, maintained$25+225.5%
Sep 14NeedhamBuy, reiterated$19+147.4%
Sep 14Lake StreetBuy, reiterated$19+147.4%
+17.2%average 20-day move after past Neutral readings
−3.5%average move over the next 20 trading days in the last 5 years
±4.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Ondas seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Ondas averaged −3.5% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−3.2%2021+5.8%2022−38.6%2023+12.8%2024−4.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+10.2%4 of 5
Next 10 trading days+5.6%3 of 5
Next 15 trading days−0.3%3 of 5
Next 20 trading days−3.5%2 of 5
Next 30 trading days−3.2%2 of 5

For scale, ONDS’s typical 20-trading-day move in either direction is about 19.7%.

Ondas market cap and key statistics

Ondas’s market cap is $4.38B and revenue of $174.1M over the last twelve months.

Valuation

Market cap
$4.38B
Forward P/E
45.1
EPS, TTM
−$0.03
Gekko Fair Value
$11.77

Trading

Volume
52.70M
Avg volume, 20 days
62.61M
52-week high
$15.28
52-week low
$4.95
Shares outstanding
582.3M

Financials

Revenue, TTM
$174.1M
Profit margin
96.3%
Return on equity
19.3%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
2.74
Typical daily move
±4.8%
Typical 20-day move
±19.7%

Ondas peers

Ondas’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
AAPLApple−0.6%Neutral28.2% above
CSCOCisco Systems+0.2%Accumulation7.2% above
MSIMotorola Solutions−0.4%Accumulation0.6% above
GRMNGarmin+0.8%Neutral21.3% above
CIENCiena−2.3%Accumulation13.6% below
UIUbiquiti−0.8%Accumulation5.0% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Ondas stock FAQ

What is Ondas’s market cap?

Ondas’s market cap is $4.38B at the Sep 28, 2026 close of $7.68, with 582.3M shares outstanding.

What is the Ondas stock forecast?

The consensus analyst 12-month price target for Ondas is $19.42, +152.9% from the last close. Of the 8 firms that rated the stock in the last 90 days, 8 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Ondas stock overvalued or undervalued?

On Gekko’s estimate Ondas is undervalued: the Sep 28, 2026 close of $7.68 is 34.7% below Gekko Fair Value of $11.77. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Ondas report earnings next?

Ondas is expected to report on Nov 12, 2026, before the market opens (44 days away). Analysts expect earnings of −$0.09 per share on revenue of $148.3M. Ondas beat the earnings estimate in 2 of its last 8 reports, moving 10.3% on average across the report.

What is Ondas’s 52-week high and low?

Ondas’s 52-week high is $15.28 and its 52-week low is $4.95; it closed at $7.68 on Sep 28, 2026, −0.9% over the past year.

Is Ondas stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (fair value, smart money and earnings risk), 1 as mixed (gekkoindex) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Ondas?

Gekko flagged 1 unusual options signal in Ondas over the last 30 days, with $182K of flagged premium in calls and $90K in puts. The latest, bullish flow, was on Sep 24, 2026 with $272K in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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