ONDS, US68236H2040

Citizens starts coverage with USD 14.00 target for Ondas stock

Published on 10/05/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 83.77 million against USD 68.54 million estimates. Ondas stock costs EUR 6.53 on October 5, 2026 after EUR 6.45.

ONDS, US68236H2040, Illustration mit AI erstellt.

Citizens started coverage of Ondas stock (ISIN US68236H2040) with a Market Outperform rating and a USD 14.00 price target on October 5, 2026, according to Investing.com. The call gives investors a fresh valuation reference while the company continues to build its defense technology portfolio.

Counter-UAS system reaches longer range

Ondas launched Dronebuster REACH on September 30, 2026, according to Ondas. The company said the first system is under contract for delivery to the Office of Naval Research after customer acceptance testing, linking the product launch to a named government customer.

REACH extends the companys non-kinetic counter-unmanned-aircraft systems to longer range and higher power. Its architecture combines electronic attack with detection, tracking, identification and command software, giving Ondas a broader product story across defense and security applications.

Revenue beats estimates, losses remain material

Ondas reported USD 83.77 million of revenue in the second quarter of 2026, compared with USD 68.54 million in analyst estimates, according to Investing.com. The revenue figure was paired with a loss per share of USD 0.19 against an expected loss of USD 0.10, making execution and operating leverage central to the investment case.

Management also raised full-year 2026 revenue guidance to USD 525 million to USD 550 million, as reported by Investing.com. That range places the companys near-term growth ambition beside the second-quarter loss and leaves profitability timing as a key measure for the next results cycle.

Ondas stock gains 1.24 percent

Ondas stock was trading at EUR 6.53 at Lang & Schwarz on October 5, 2026 at 10:43 a.m. CEST, up 1.24 percent versus the prior close of EUR 6.45 on October 2, 2026. The Nasdaq-listed company had a market capitalization of USD 4.1 billion and a 52-week range of USD 4.95 to USD 15.28 as of October 2, 2026.