Ondas, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Amit Dayal from H.C. Wainwright maintained a Buy rating on the stock and has a $25.00 price target.
Meet Samuel – Your Personal Investing Prophet
Double your ONDS exposure with Tradr's ONDUAmit Dayal has given his Buy rating due to a combination of factors, including Ondas’s sharply upgraded 2026 revenue outlook and strong execution on recent acquisitions. Management now expects at least $390M of revenue in 2026, implying dramatic year-over-year growth backed by a multi‑billion‑dollar sales pipeline, a significantly larger backlog, and an expanding presence across key defense segments through a series of accretive deals and a strategic partnership with Palantir.
Dayal also points to improving profitability metrics, with acquired product businesses achieving adjusted EBITDA gains ahead of schedule and overall segment profitability now anticipated earlier than previously projected. He highlights Ondas’s solid balance sheet as a competitive strength for winning large contracts and funding additional M&A, and his unchanged $25 price target is supported by a DCF framework that assumes sustained margin expansion and substantial long‑term revenue growth.
According to TipRanks, Dayal is a 4-star analyst with an average return of 9.4% and a 39.55% success rate. Dayal covers the Industrials sector, focusing on stocks such as Joby Aviation, Vertical Aerospace, and Surf Air Mobility, Inc..
In another report released today, Needham also reiterated a Buy rating on the stock with a $23.00 price target.