Ondas Inc (NASDAQ:ONDS) shares are trading lower Wednesday afternoon, even as investors weigh a string of recent company announcements that highlight strong revenue momentum and expansion in its defense technology business. Here’s what investors need to know.
- Ondas stock is among today’s weakest performers. What’s behind ONDS decline?
Ondas Reports Strong Preliminary Revenue, Secures Israel Contract
Earlier this week, Ondas said its preliminary fourth-quarter 2025 revenue came in at $29.1 million to $30.1 million, above prior company guidance, while full-year 2025 revenue was projected at $49.7 million to $50.7 million. The company also reiterated its 2026 revenue outlook of $170 million to $180 million.
Ondas has also highlighted fresh contract activity. On Tuesday, the company announced an initial $15.8 million order tied to a multi-year national demining program in Israel through its subsidiary 4M Defense. The first phase could be followed by another $30 million in additional work, potentially bringing the total program value materially higher over time.
Ondas Acquires BIRD Aerosystems As Shares Pull Back
On Wednesday, Ondas added another strategic update, announcing the acquisition of BIRD Aerosystems, a defense technology company focused on airborne missile protection systems and intelligence, surveillance and reconnaissance solutions.
Ondas said the deal expands its position in defense and homeland security markets and adds technologies already deployed across more than 700 aircraft on 40-plus platform types.
Ondas Stock Pulls Back After Massive One-Year Rally
Despite those catalysts, shares pulled back Wednesday afternoon, suggesting traders may be taking profits after the stock’s 1,200% run over the past year and recent news-driven gains.
Ondas shares have surged over the past year, before pulling back to around $10. The stock remains above its 200-day moving average, signaling continued long-term upward momentum despite recent volatility.
ONDS Shares Edge Lower Wednesday
ONDS Price Action: Ondas shares were down 4.30% at $9.58 at the time of publication on Wednesday, according to Benzinga Pro data.
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