Why Ondas Stock Popped Today
Key Points
Ondas just announced it booked $70 million in weapons sales in four weeks.
Not all these contracts are brand new.
And Ondas is still iffy on profitability.
- 10 stocks we like better than Ondas ›
Ondas (NASDAQ: ONDS) stock, a small defense contractor specializing in the manufacture of military air and ground drones, and also counter-drone (counter-UAS or CUAS) technology, soared 10.4% through 11:55 a.m. ET Wednesday.
The reason: new weapons sales.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Image source: Getty Images.
Ondas inks some contracts
Citing accelerating demand "across its autonomous defense and security platform," Ondas boasted today that it has secured $70 million worth of new orders over the past four weeks, for "unmanned ground systems, border security and protection technologies, counter-unmanned aircraft systems ("C-UAS"), intelligence, surveillance and reconnaissance ("ISR") systems, and autonomous precision-strike capabilities."
Translated from Pentagon-ese, that means Ondas is selling ground robots, attack drones, surveillance equipment, and drone defense systems primarily.
Not all the orders are new. Ondas noted that it rolled a recently announced $6.9 million order for Ondas' C-UAS systems to Australia into the $70 million total. Still, it sounds like Ondas is having a pretty successful month of July.
What it means for Ondas stock
To put these $70 million in context, in all of Q2 2025 last year, Ondas booked a total of $6.3 million in sales. The orders just announced amount to 10x the volume of sales from a year ago -- with orders booked in just one-third of one quarter's time.
That's fast growth -- but do beware that growth at Ondas could be lumpy.
According to analysts who follow the stock, 2026 will probably be the first year Ondas books a GAAP profit, after a decade of losing money. That said, forecasts for next year see Ondas back in the red -- and losing money again in 2028.
Free cash flow at Ondas remains negative and is forecast to remain so in 2027 as well. It probably won't be till 2029 that Ondas is both profitable and generating consistent cash. Caveat investor.
Should you buy stock in Ondas right now?
Before you buy stock in Ondas, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ondas wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $370,332!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,272,280!*
Now, it’s worth noting Stock Advisor’s total average return is 904% — a market-crushing outperformance compared to 208% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of July 22, 2026.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Ondas. The Motley Fool has a disclosure policy.
Recommended Articles
