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NASDAQ · Communication Equipment · USD

Ondas Inc. (ONDS) Stock Analysis

Ondas Inc. (ONDS) is a Communication Equipment stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

ONDS

$6.27

+$0.17 (+2.79%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ONDS Key Statistics

As of Oct 21, 2026
Trading
Open
$6.21
Previous Close
$6.10
Day's Range
6.09–6.37
52-Week Range
4.95–15.28
Volume
43.68M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.92
Valuation
Market Cap
$3.65B
P/E Ratio
unprofitable
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
20.97
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.06
Financials (FY)
Revenue (FY)
$50.73M+605.28%
Net Income (FY)
−$132.02M
Profit marginThe share of revenue left as profit after all costs and taxes.
96.25%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
582.30M
1-Year Return
−12.80%
Dividend and dates
Earnings Date
November 12, 2026
Avg Volume
66.64M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ONDS closed at $6.27, −12.80% over 1 year.

Ondas Inc. (ONDS) has a market capitalization of $3.65B.

In fiscal 2025, ONDS reported revenue of $50.73M.

ONDS Stock Return by Calendar Year

Ondas Inc. (ONDS) return since Dec 2020: what $10,000 became

1 year
$10,000 $8,720
−12.80%
5 years
$10,000 $6,875
−31.25%
Since Dec 2020
$10,000 $10,195
+1.95%

If you had invested $10,000 in Ondas Inc. (ONDS) at the close on December 4, 2020, the earliest close on record here, it would have been worth $10,195 at the close on October 21, 2026: +1.95% in total, +0.33% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−35.76%
2025+281.25%
2024+67.32%
2023−3.77%
2022−76.30%
2021−28.08%
2020 (partial year)+51.71%

As of October 21, 2026.

ONDS Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$50.73M−$132.02M−260.2%
2024$7.19M−$38.01M−528.4%
2023$15.69M−$44.84M−285.8%
2022$2.13M−$73.24M−3,445.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$50.73M$20.16M−$58.38M−$132.02M−260.2%
2024$7.19M$345.00K−$34.61M−$38.01M−528.4%
2023$15.69M$6.38M−$38.23M−$44.84M−285.8%
2022$2.13M$1.11M−$50.01M−$73.24M−3,445.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

ONDS Valuation vs Communication Equipment Median

Median of 50 stocks
MetricONDSCommunication Equipment medianvs median
P/S ratio20.972.319.1x the median
Profit margin96.25%−0.64%96.9 pts above

Medians across 50 Communication Equipment stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Ondas Inc. (ONDS) is capitalised at $3.65B on the latest close. It is classified in the Communication Equipment industry, within the Technology sector. Headcount on file is 459.

ONDS last closed at $6.27 on October 21, 2026. That is +$0.17 (+2.79%) against the previous close. Over the past 52 weeks the price has ranged from $4.95 to $15.28. The latest close sits 26.67% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $50.73M. That is +605.28% against the prior fiscal year, when revenue was $7.19M. The same year closed with a net loss of $132.02M. The reported profit margin is 96.25%. That is 96.9 percentage points above the Communication Equipment median of −0.64%. Earnings per share on a trailing basis come to −0.06.

Across the 4 fiscal years on file, revenue moves from $2.13M in 2022 to $50.73M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. Measured against sales, the shares trade at 20.97 times revenue. On price-to-sales that is 9.1 times the Communication Equipment median of 2.31. The medians here are taken across 50 Communication Equipment companies that report the metric.

Over the trailing twelve months the total return is −12.80%. Measured over 5 years, that is −7.22% a year compounded. Beta against the wider market is reported at 2.92. Annualized volatility over the trailing 5 years is 113.95%.

Growth & Income

The record shows no dividend for ONDS.

So far in 2026 the total return is −35.76%. Across the complete calendar years on file, 2025 returned +281.25% and 2022 returned −76.30%. Of the 5 complete calendar years on file, 2 finished higher.

Peer Comparison

Ondas Inc. (ONDS) operates in the Communication Equipment industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Ondas Inc. ONDS $3.65B —
Cisco Systems, Inc. CSCO $422.88B 32.2
Motorola Solutions, Inc. MSI $77.37B 36.8
Hewlett Packard Enterprise Company HPE $77.22B 30.0

The Communication Equipment industry average P/E ratio is 37.6x. Ondas Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Ondas Inc.

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, a fully autonomous interceptor drone system for neutralizing small hostile drones; sentrycs CoRF, Cyber/RF-based CUAS platform for detection, identification, tracking, and mitigation of unauthorized drones; optimus system, fully autonomous drone platform for continuous security, surveillance, and mission-critical data collection; 4M defense, supporting missions related to demining and clearing land of unexploded ordnance; roboteam, UGVs and tactical ground robotics; apeiro motion, autonomy and mobility software for robotic platforms, enhancing navigation and operational effectiveness; and loitering munition systems, is a one way drone for a variety of missions including ISR defense and strike. It also offers FullMAX Software-Defined Radio Platform, a patented SDR platform for secure, private, wide-area broadband networks, enabling mission-critical communications; software and hardware maintenance agreements, extended software and hardware maintenance contracts, including ongoing support, security upgrades, and feature enhancements; licensing/royalties, licensing of FullMAX software and technology for integration into partner hardware and software platforms; and ancillary services, wireless network design, systems engineering, radio frequency planning, software configuration, product training, installation, onsite support, and engineering/product development. It serves rail, electric utilities, oil and gas, public safety, government, and other industrial applications. The company was formerly known as Ondas Holdings Inc. and changed its name to Ondas Inc. in January 2026. Ondas Inc. was incorporated in 2014 and is headquartered in West Palm Beach, Florida.

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