Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ondas Holdings ( (ONDS) ) has issued an announcement.
Ondas Holdings Inc. has entered into Memoranda of Understanding with Safe Pro Group Inc. and Unusual Machines to collaborate on AI-powered computer vision technologies for drones. This collaboration aims to integrate Safe Pro’s patented AI technology into Ondas’ and Unusual Machines’ offerings, enhancing threat detection capabilities for defense, commercial, and humanitarian markets, particularly focusing on applications in the U.S. Department of Defense and NATO partners.
The most recent analyst rating on (ONDS) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Ondas Holdings stock, see the ONDS Stock Forecast page.
Spark’s Take on ONDS Stock
According to Spark, TipRanks’ AI Analyst, ONDS is a Neutral.
Ondas Holdings’ overall stock score is primarily impacted by its weak financial performance, despite strong technical indicators and positive strategic developments. The company’s significant revenue growth and strategic advancements are offset by ongoing profitability challenges and a weak valuation.
To see Spark’s full report on ONDS stock, click here.
More about Ondas Holdings
Ondas Holdings Inc. is a leading provider of autonomous drone and private wireless solutions, offering aerial intelligence and next-generation connectivity to enhance security, operational efficiency, and data-driven decision-making across essential industries.
Average Trading Volume: 28,057,511
Technical Sentiment Signal: Buy
Current Market Cap: $1.22B
For a thorough assessment of ONDS stock, go to TipRanks’ Stock Analysis page.