Stifel Reiterates Buy Rating on Ondas Holdings Inc. (ONDS), Stock Remains a 'Top Idea'

Stifel analyst Jonathan Siegmann reiterated a Buy rating and $18.00 price target on Ondas Holdings Inc. (NASDAQ: ONDS).

The analyst commented, "Better Q4 revenues + adding new manufacturing platform validates positive thesis. This morning ONDS pre-announced better-than-expected Q4 revenues (+600% YoY) and more importantly, announced a $175m merger with Mistral, Inc – an established privately owned integrator for the Department of War, other government agencies, and prime contractors. ONDS and Mistral overlap in multiple verticals across drones, C-UAS, and robotics. Financial details for the merger were not disclosed but by our estimates this combination likely ~doubles ONDS’s 2026 revenue base and accelerates the company reaching positive EBITDA earlier into 2026. While growth at Mistral was likely moderate historically, the company has won a franchise agreement in loitering munitions partnered with UVision. We anticipate ONDS will have many new positives to highlight when they report their FY results on March 25th. ONDS remains a top idea and re-affirm our Buy recommendation."

For an analyst ratings summary and ratings history on Ondas Holdings Inc. click here. For more ratings news on Ondas Holdings Inc. click here.

Shares of Ondas Holdings Inc. closed at $9.72 yesterday.

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