Ondas stock fell 4.88 percent to USD 6.04, 60.50 percent below its 52-week high
Published on 10/17/2026 at 22:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSThe October 16 decline
- Nasdaq trading left Ondas down 4.88 percent on October 16, 2026.
- Revenue reached USD 83.8 million in the second quarter of 2026.
- Ondas stock stood at USD 6.04 at Nasdaq on October 16, 2026 at 4:00 p.m. EDT, down 4.88 percent versus the prior close.
- Ondas is expected to report its next earnings on November 12, 2026.
Ondas stock fell 4.88 percent to USD 6.04 at the Nasdaq close on October 16, 2026, extending the stock's position near the lower end of its yearly range. The move was part of a broader weak session for the company, while the latest operating figures provide a separate benchmark for investors.
Revenue reached USD 83.8 million
Ondas reported USD 83.8 million in revenue for the second quarter of 2026, compared with a USD 68.54 million analyst estimate. Yahoo Finance also reported a loss of USD 0.19 per share for the period, wider than the expected loss of USD 0.10.
The quarterly revenue comparison shows the scale of the current business build, but the earnings-per-share result remained negative. The company also reported operating cash flow of minus USD 86.08 million for the second quarter, while total assets stood at USD 2.99 billion as of June 30, 2026.
Price position after October 16
Ondas traded between USD 5.91 and USD 6.41 during the October 16 session, with volume of 39.28 million shares against an average volume of 73.10 million. Its 52-week range was USD 4.95 to USD 15.28, leaving the stock 60.50 percent below its high and 22.02 percent above its low. The stock was down 38.10 percent year to date.
Valuation and next report date
The company had a market capitalization of USD 3.5 billion on October 16, 2026. Its reported P/E ratio was 91.24, while no dividend yield was provided. Investing.com reported that Citizens initiated coverage on October 5, 2026 with an Outperform rating and a USD 14.00 target. That target was 131.79 percent above the October 16 closing price. MetaCap listed November 12, 2026 as the expected next earnings date.
Comparison with peers
Ondas: minus 4.88 percent, P/E 91.24, market capitalization USD 3.5 billion
AeroVironment (NASDAQ, USD): minus 1.16 percent, P/E minus 20.93, market capitalization USD 6.2 billion
Kratos Defense and Security Solutions (NASDAQ, USD): minus 0.79 percent, P/E 237.21, market capitalization USD 7.6 billion
What the next report will test
The November 12 reporting date gives the market a defined checkpoint for revenue conversion, cash consumption and earnings quality. The second-quarter revenue estimate comparison was favorable, but the negative earnings-per-share result and negative operating cash flow leave execution as the central measurable issue.
Ondas closed at USD 6.04 on Nasdaq on October 16, 2026 at 4:00 p.m. EDT, down 4.88 percent versus the prior close of USD 6.35.
Ondas Holdings market report
- Company: Ondas Inc.
- ISIN: US68236H2040
- Ticker: ONDS
- Primary exchange: Nasdaq
- Price Nasdaq (as of October 16, 2026, 4:00 p.m. EDT): USD 6.04
- Change versus prior close: minus 4.88 percent
- Market capitalization: USD 3.5 billion (as of October 16, 2026)
- 52-week range: USD 4.95-15.28 (as of October 16, 2026)
- Sector / Industry: Technology / Communication Equipment
- Next earnings date: November 12, 2026
Market context: Market report S&P 500.
