Ondas Holdings Raises 2026 Revenue Target After Strong Q4 Performance
Ondas Holdings (ONDS) shares fell 5.15% Thursday as investors took profits following a 51% revenue beat in preliminary Q4 results. The autonomous systems provider projected $27-29 million in quarterly revenue, exceeding targets, while full-year 2025 estimates of $47.6-49.6 million surpassed forecasts by 23%.
The company's backlog surged 180% to $65.3 million, prompting a revised 2026 revenue target of $170-180 million—a 25% increase from prior guidance. Despite a $1.5 billion pro-forma cash position after a $1 billion direct offering, the stock faces pressure as markets scrutinize the timeline for converting growth into profitability.