coteauBeta Get App
ONDS

ONDS

Ondas Inc.
$6.19
+1.47% Oct 21 close
Technology Compare
-32%-4%+24%+52%+80%Oct 2025Oct 2026Apr 2026
ONDSSPY
1W
+0.8%
1M
-16.1%
3M
-22.6%
6M
-44.0%
YTD
-36.6%
1Y
-13.9%

Live chart

Loading live chart…

What they do

Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally. It operates through the Ondas Networks and Ondas Autonomous Systems segments. The company offers Counter-UAS (CUAS) and site protection systems, including iron drone raider.

Technology · Communication Equipment

For information only · Important disclosures

Grades vs sector

No sector grades for ONDS yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Can Ondas' EASA Certification Boost Its Airborne Defense Prospects?
Zacks · Oct 20
DPRO Expands Defense Autonomy Capabilities Through Strategic Investment
Zacks · Oct 19
Ondas and Palantir Launch Regna AI to Expand Sovereign AI Capabilities
Zacks · Oct 16
ONDS Stock Heads For Third Red Week, But Retail Stands Firm On Drone Defense Opportunity — ‘Will Be Epic Like GameStop'
Stocktwits · Oct 16
What Needs To Be True To Buy Ondas Stock Now?
Trefis · Oct 15

Key stats

Market value$3.6B
P/E (next 12 months, estimated)-309.2
52-week range$4.95 – $15.28
Revenue growth (latest quarter vs a year ago)+1235.4%
Dividend yieldNo dividend
Analyst consensusStrong Buy (10)
Average analyst price target$18.88 (+205%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
No cash-flow valuation
Model read-out from the numbers below, not advice. Score +1 (DCF counts double).
•Piotroski F-score5/9
•Altman Z1.8 (grey)
▲Analyst target+205% (10 analysts)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.
Reverse DCFfor context, not a signal
Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 2.92 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $-0.02 vs trailing $-0.06. Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
43.7%
Operating margin
-140.4%
FCF margin
-98.7%
Net margin
140.5%
Return on equity
15.6%
Return on invested capital
-131.6%
Net debt / EBITDA
–
Current ratio
9.8×
Interest cover
-96.8×
Cash conversion (OCF/NI)
-0.7×
Piotroski F-score 5/9 · last two fiscal years
✗ Positive net income✗ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✗ No share dilution✓ Gross margin improved✗ Asset turnover improved

Altman Z-score 1.8 (grey zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$19
+205%
Analysts
10
Strong Buy
Range
$13–$25
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$50.7M$-132.2M$-40.8M
2024$7.2M$-38.0M$-35.1M
2023$15.7M$-44.8M$-34.2M
2022$2.1M$-73.2M$-40.8M
2021$2.9M$-15.0M$-17.8M
2020$2.2M$-13.5M$-7.5M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +187.9%.

Earnings

Next report: 2026-11-12 · before open · EPS est -0.09
24-1125-0325-0525-0825-1126-0326-0526-08-0.150.00
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-13-0.07-0.10-48.1%
2026-05-15-0.03-0.07-123.7%
2026-03-23-0.04-0.03+20.0%
2025-11-13-0.03-0.01+61.6%
2025-08-12-0.06-0.07-8.8%
2025-05-15-0.09-0.12-32.9%
2025-03-12-0.09-0.14-54.7%
2024-11-12-0.13-0.15-8.5%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$83.8M+1235.4%
2026-03-31$50.1M–
2025-12-31$30.1M–
2025-09-30$10.1M–
2025-06-30$6.3M–
Analyst actions
Citizens
2026-10-05 · init
→ Market Outperform
PT $14
Needham
2026-09-14 · reit
Buy → Buy
PT $19
Ladenburg Thalmann
2026-08-17 · main
Buy → Buy
PT $23
Oppenheimer
2026-08-14 · main
Outperform → Outperform
PT $18
Needham
2026-08-14 · reit
Buy → Buy
PT $19
Roth Capital
2026-08-11 · init
→ Buy
PT $13

Stats refreshed 2026-10-21 11:25:41 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

Free. Not investment advice. Unsubscribe anytime.

coteau

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026