Ondas Holdings Inc. (NASDAQ:ONDS) shares are trading higher Friday after the company raised its fiscal-year 2026 revenue outlook.
Ondas Holdings shares are trending higher. Why is ONDS stock advancing?
Ondas Announces Updated Financials Ahead Of Investor Day
Ondas raised its 2026 revenue target to a range of $170 million to $180 million, up 25% from its prior target of $140 million.
Ondas said it expects fourth-quarter 2025 revenue of $27 million to $29 million, representing a 51% increase from its prior fourth-quarter revenue target. For full-year 2025, the company expects revenue of $47.6 million to $49.6 million, which is 23% higher than its previous full-year target.
Ondas also reported a preliminary backlog of $65.3 million as of Dec. 31, 2025, up 180% from $23.3 million reported on Nov. 13, 2025.
In addition, the company said its pro-forma cash balance exceeded $1.5 billion as of Dec. 31, 2025, adjusted for its recent offering of approximately $1 billion.
The company noted that the preliminary financial data has not been audited and that it expects to report full fourth-quarter and full-year 2025 financial results in March 2026.
Ondas is hosting its OAS Investor Day virtually today at 10 a.m. ET.
Technical Analysis Of Ondas
The stock is currently trading 24.5% above its 20-day simple moving average (SMA) and 67.5% above its 100-day SMA, demonstrating strong short-term and longer-term strength. Over the past 12 months, shares have surged 482.73%, and they are currently positioned closer to their 52-week highs than lows, indicating robust bullish sentiment.
The RSI is at 61.83, which is considered neutral territory, suggesting that the stock is neither overbought nor oversold at this time. Meanwhile, MACD is above its signal line, indicating bullish momentum in the stock.
The combination of a neutral RSI and bullish MACD suggests mixed momentum, which could indicate a potential for continued upward movement.
Benzinga Edge Rankings
Below is the Benzinga Edge scorecard for Ondas Holdings, highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Bullish (Score: 99.57/100) — Stock is outperforming the broader market.
The Verdict: Ondas Holdings’s Benzinga Edge signal reveals a classic ‘High-Flyer’ setup. The strong momentum score indicates that the stock is currently trending well, suggesting that investors may want to capitalize on this positive movement.
ONDS Price Action: At the time of writing, Ondas shares are trading 1.95% higher at $13.07, according to data from Benzinga Pro.
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