Ondas Inc research snapshot
ONDS AI stock analysis as of the August 4, 2026 data cutoff reads Ondas Inc as a high-growth autonomous defense and security roll-up that has transformed its scale through acquisitions and a record order flow. The stock traded at $8.26 on August 3, 2026 at 1:19 PM EDT, up 0.77 or 10.28% from the $7.49 close on July 31, after opening at $7.40 within a session range reported near $7.25 to $8.29, carrying a market capitalization near $4.71 billion reported by StockAnalysis.com and consistent with the $8.26 August 3 price times 569.86 million shares outstanding. Ondas acquired DZYNE Technologies on July 6, 2026 for about $875.8 million, formed the Ondas Sentinel division with World View, raised its full-year 2026 revenue target to at least $525 million, and reported over $70 million in new orders in the four weeks to July 22, 2026 on top of $150 million of Q2 orders. The reported trailing net income of $134.21 million and EPS of $0.44 include large one-time non-cash gains from warrant revaluation and the Ondas Networks deconsolidation, so the business still operates at a loss on an operating basis. This is informational research and not investment advice.
Current price
$8.26 at the August 3, 2026, 1:19 PM EDT reading, up 0.77 or 10.28% from the $7.49 July 31 close, after opening at $7.40 within a session range reported near $7.25 to $8.29
Market cap
$4.71 billion
AI score
58 / 100
Rating
High-growth autonomous defense roll-up at a premium valuation with record short interest
Trend status
Bounce above the 5-day and 20-day moving averages but still below the 50-day, 100-day, and 200-day moving averages
Data cutoff (updated monthly)
August 4, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | Ondas sells autonomous defense, counter-UAS, ISR, loitering munition, ground robotics, and private wireless systems through Ondas Autonomous Systems, Ondas Sentinel, and Ondas Networks, with Q1 2026 revenue of $50.1 million up 1,065% year over year and a pro forma backlog of $457 million. | Medium |
| Moat | The moat depends on defense customer relationships, field-proven C-UAS and loitering munition systems, the Palantir-based SkyWeaver mission software, the U.S. defense footprint from DZYNE and Mistral, and certification and deployment experience, but large primes and other drone vendors compete aggressively. | Medium-low |
| Management | Eric Brock has executed an aggressive acquisition program, raised 2026 revenue guidance twice to at least $525 million, and reached adjusted EBITDA profitability at the product company level, but the strategy depends on heavy share issuance and integration of many businesses. | Medium |
| Financial trend | Revenue is scaling fast, from $7.19 million in 2024 to $50.73 million in 2025 and a 2026 target of at least $525 million, but the reported net income is inflated by non-cash gains, operating losses were $42.7 million in Q1 2026, and trailing free cash flow was negative near $86.6 million. | Medium |
| Valuation | At about 18.88 times trailing reported EPS that is inflated by non-cash gains, 44.18 times trailing sales, 6.35 times forward sales, and 3.27 times book value, the market is pricing in aggressive execution and growth. | Medium-low |
| Technical trend | ONDS traded at $8.26 on August 3, 2026 at 1:19 PM EDT, above its 5-day and 20-day moving averages of about $7.59 and $7.43 but below its 50-day, 100-day, and 200-day moving averages of about $8.81, $9.34, and $9.30, with 14-day RSI near 53 on Barchart and StockAnalysis.com. | Medium |
| Risk level | Risk is high: record short interest of 229.56 million shares or 40.28% of shares outstanding, a beta near 2.69, implied volatility above 100%, a 286.70% year over year increase in share count, heavy integration risk, negative operating cash flow, and an Altman Z-Score of 1.62. | Medium-high |
| AI confidence | Medium data confidence for the quote, market cap math, analyst targets, and recent order and acquisition facts that cross-checked across StockAnalysis.com, Barchart, and Ondas press releases. Lower confidence for forward returns given dilution, volatility, and short interest. | Medium data confidence |
| Investment certainty | Low certainty because the page gives a framework and scenario ranges, not a personalized buy or sell instruction, and ONDS carries extreme volatility and financing risk. | Low |
ONDS AI stock forecast
The ONDS AI stock forecast uses scenario ranges around the $8.26 August 3, 2026 reading rather than a point target. The bullish case requires the DZYNE and World View integration to scale revenue toward and beyond the at least $525 million 2026 target; the base case assumes mixed execution with continued dilution and volatility; the bearish case assumes the order flow slows, integration disappoints, or the premium valuation compresses.
$14 to $22
More likely if Ondas keeps converting the $457 million backlog and the $70 million order flow into revenue, DZYNE and World View integrate on schedule, adjusted EBITDA losses keep improving toward the Q1 2027 OAS target, and the stock approaches the $19.81 average analyst target with a high of $25.
$7.50 to $10.50
More likely if revenue grows but below the top of guidance, share issuance and integration costs continue, short interest stays elevated near 40% of shares outstanding, and the stock trades around current levels with continued high volatility.
$4 to $6.50
More likely if order flow decelerates, DZYNE or Cyberhawk integration disappoints, dilution accelerates, the drone and defense sentiment cools, or the valuation compresses while net cash of about $2.56 per share provides only a partial floor.
ONDS AI technical analysis
ONDS AI technical analysis starts from the $8.26 August 3, 2026 reading at 1:19 PM EDT. The stock bounced about 10.28% from the $7.49 July 31 close and sits above its 5-day and 20-day moving averages of about $7.59 and $7.43, but it remains below the 50-day, 100-day, and 200-day moving averages of about $8.81, $9.34, and $9.30, with 14-day RSI near 53 on both Barchart and StockAnalysis.com. Barchart carries a strong sell technical opinion with a weakening short-term outlook, and the 14-day ADX near 16.64 shows a weak trend. Because this static page does not fetch request-time chart data, confirm moving averages and live momentum in a charting tool before use.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $8.26 | Reading at the August 3, 2026, 1:19 PM EDT snapshot, up 0.77 or 10.28% from the $7.49 July 31 close, within a session range near $7.25 to $8.29. |
| Near support | $7.12 to $7.49 | Barchart lists a first support level of $7.12, with the $7.49 July 31 close and the 20-day moving average near $7.43 forming the upper part of the zone. |
| Deeper support | $6.40 to $6.80 | Barchart lists second support near $6.76 and third support near $6.40, near the late-July reaction lows around $6.22 to $6.80. |
| Near resistance | $8.20 to $8.81 | Barchart lists second resistance near $8.20 and third resistance near $8.56, with the 50-day moving average near $8.81 and the Fibonacci 50% retracement near $8.76 overhead. |
| Upper resistance | $9.30 to $9.34 | The 200-day moving average near $9.30 and the 100-day moving average near $9.34 form the next major supply zone. |
| 50-day moving average | Approx. $8.81 | Reported by Barchart and StockAnalysis.com. A sustained close above this level would improve the medium-term trend. |
| 200-day moving average | Approx. $9.30 | Reported by Barchart and StockAnalysis.com. The price remains below this level, keeping the longer-term trend negative. |
| Momentum | RSI near 53, ADX near 16.64 | Barchart 14-day RSI near 53.29 and StockAnalysis.com near 53.54 are neutral, while the 14-day ADX near 16.64 signals a weak trend. |
| Volume | Elevated, 20-day average near 105.6 million shares | Volume has been very high, which can amplify false breakouts and breakdowns for a heavily shorted stock. |
| Volatility | Very high | Beta near 2.69, 14-day ATR near 9% of price, historic volatility above 100%, and options implied volatility near 114% require wide position sizing. |
| Invalidation | Close below $6.40 | A decisive close below the $6.40 to $6.80 support zone would weaken the bounce and open the next downside area. |
ONDS AI trading strategy
The ONDS AI trading strategy is a rules-based research framework. It is not personalized advice and should be paired with position sizing, stop levels, live chart confirmation, and fresh filings or news checks.
Wait for ONDS to reclaim and hold above the 50-day moving average near $8.81 and then the $9.30 to $9.34 zone with volume that confirms buyer demand.
A close back below the $8.20 area or a failed test of the 50-day moving average should invalidate the setup.
If ONDS pulls back into the $7.12 to $7.49 support band without a thesis break, compare price action with the August 13, 2026 Q2 report, order announcements, and backlog conversion.
Do not average down without a predefined maximum loss, because dilution and record short interest can extend drawdowns.
Track the evidence that matters most: revenue conversion toward the at least $525 million 2026 target, backlog realization, DZYNE and Cyberhawk integration, cash burn, share dilution, and progress toward company-wide adjusted EBITDA profitability by Q1 2028.
Reduce confidence when price moves are driven by headlines without matching financial evidence, especially given 40% of shares are sold short.
Investment research summary
Ondas sells autonomous defense, counter-UAS, ISR, loitering munition, ground robotics, and mission-critical wireless systems to defense, homeland security, and industrial customers, and it is scaling fast through acquisitions.
Moat depends on defense customer relationships, field-proven systems, the Palantir-based SkyWeaver software, certification, and deployment experience, but large primes and other drone vendors compete aggressively.
The thesis can fail if the order flow slows, DZYNE or Cyberhawk integration disappoints, dilution accelerates, defense drone sentiment cools, or the premium valuation compresses.
Management has executed an aggressive acquisition program and raised 2026 guidance to at least $525 million, but the strategy depends on heavy share issuance and successful integration of many businesses.
Counter-UAS, loitering munitions, and autonomous defense are in a strong demand cycle, with governments increasing defense robotics spending, but budgets and program timing remain lumpy.
At about 44 times trailing sales, 6.35 times forward sales, and 3.27 times book value, the stock prices in aggressive execution with a thin margin of safety, partly supported by about $2.56 per share in net cash.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| ONDS price | $8.26 at the August 3, 2026, 1:19 PM EDT reading, up 0.77 or 10.28% from the $7.49 July 31 close | StockAnalysis.com real-time quote cross-checked with Barchart | August 4, 2026 |
| Market capitalization | $4.71 billion, verified as $8.26 x 569.86 million shares | StockAnalysis.com statistics and financial_rigor.py market cap verification | August 4, 2026 |
| Shares outstanding | 569.86 million, up 286.70% year over year and 24.85% quarter over quarter | StockAnalysis.com statistics (S&P Global data) | August 4, 2026 |
| Short interest | 229.56 million shares, 40.28% of shares outstanding, 43.09% of float, up from 197.58 million the prior month | StockAnalysis.com statistics | August 4, 2026 |
| Trailing revenue | $96.61 million over the last twelve months, with FY2025 revenue of $50.73 million up 605.28% year over year | StockAnalysis.com financials and statistics | August 4, 2026 |
| Q1 2026 revenue | $50.1 million, up 1,065% year over year and 66% sequentially, with gross profit of $24.7 million and a 49% gross margin | Ondas Q1 2026 earnings press release, May 14, 2026 | August 4, 2026 |
| Reported trailing net income and EPS | $134.21 million and $0.44 per share, inflated by a $389.5 million non-cash warrant gain and a $51.5 million deconsolidation gain; operating loss was $42.7 million in Q1 2026 | StockAnalysis.com statistics and Ondas Q1 2026 press release | August 4, 2026 |
| Cash and debt | $1.47 billion cash and equivalents, $16.66 million total debt, net cash of $1.46 billion or about $2.56 per share | StockAnalysis.com statistics | August 4, 2026 |
| Pro forma backlog | $457 million as of March 31, 2026, versus $68.3 million at the end of 2025 | Ondas Q1 2026 earnings press release | August 4, 2026 |
| 2026 revenue target | At least $525 million for full-year 2026, raised after the DZYNE Technologies acquisition | Ondas DZYNE acquisition press release, July 6, 2026 | August 4, 2026 |
| DZYNE Technologies acquisition | About $875.8 million, financed with $200 million in cash and about 85 million Ondas shares valued near $675 million; DZYNE expected to generate $191 million in 2026 revenue and more than $300 million in 2027 | Ondas DZYNE acquisition press release, July 6, 2026 | August 4, 2026 |
| Recent order flow | Over $70 million in new orders in the four weeks to July 22, 2026, including a $6.9 million Australian Defence order, after Q2 orders exceeded $150 million | Ondas press releases, July 20 and July 22, 2026 | August 4, 2026 |
| Analyst consensus | Strong Buy from 8 analysts, average price target of $19.81, range of $16 to $25, with 2026 revenue consensus near $525.68 million and 2027 revenue near $981.36 million | StockAnalysis.com forecast page (S&P Global and TipRanks data) | August 4, 2026 |
| Valuation ratios | Trailing PE near 18.88 on inflated reported EPS, PS near 44.18, forward PS near 6.35, PB near 3.27, EV to sales near 29.10 | StockAnalysis.com statistics | August 4, 2026 |
| Technical indicators | 5-day, 20-day, 50-day, 100-day, and 200-day moving averages near $7.59, $7.43, $8.81, $9.34, and $9.30, with 14-day RSI near 53 and 14-day ADX near 16.64 | Barchart technical analysis and StockAnalysis.com statistics | August 4, 2026 |
This ONDS AI stock analysis page is an informational tool only. It is not investment advice, a recommendation, or a promise of future returns. Forecast scenarios are based on available data as of August 4, 2026, may be incomplete, and can be wrong if new filings, market prices, dilution, company events, or macro conditions change. ONDS carries extreme volatility and record short interest, so this page should not replace personal research or professional guidance.
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