Ondas Holdings (ONDS) drew fresh support from Wall Street after hosting a recent virtual investor day, where the company laid out its plans for its drone and autonomous systems business. The company raised its 2026 revenue target to $170 million–$180 million, citing a growing pipeline and improving visibility. Following the event, top Stifel analyst Jonathan Siegmann raised his price target on Ondas to $18 from $17 and kept a Buy rating on the stock.
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Investor Day Strengthens the Bull Case
Siegmann said the investor day increased his confidence in Ondas’ long-term story, especially its position in the military drone market. He noted that the company’s revenue and growth targets were well above his earlier estimates and showed clearer progress across the business.
He added that the presentation also gave him a better understanding of how Ondas stands out in the defense drone space, where demand continues to rise.
At the same time, Siegmann acknowledged that Ondas is still early in building its business. Even so, he pointed to the speed of recent progress as a positive sign. Over the past six months, the company has raised about $1.8 billion, acquired new technology, partnered with major contract manufacturers, and strengthened its leadership team.
Overall, Siegmann believes these steps are helping Ondas move faster and build a stronger base for growth. As a result, he expects 2026 to be an important year for the company and sees potential for the stock to perform well as execution continues.
Is Ondas Holdings a Good Stock to Buy?
Currently, Wall Street has a Strong Buy consensus rating on Ondas stock based on eight unanimous Buy recommendations. The average ONDS stock price target of $16.63 indicates about 26.66% upside potential.
