H.C. Wainwright, Needham raise PT on Ondas Holdings

Brokerage H.C. Wainwright raises PT on Ondas Holdings ONDS.O to $25 from $12, implying a 105.6% upside to stock's last close

Says co's product portfolio, technology capabilities, and balance sheet position it to pursue large commercial and military orders in an addressable market worth over $7 bln a year, which could top $100 bln over the next decade

Brokerage also lifts its estimates for Ondas' 2030 revenue to $1.1 bln from $453 mln, and for 2037 revenue to $7.9 bln from $2.6 bln

Separately, brokerage Needham raises PT on ONDS to $17 from $12, implying a ~40% upside to stock's last close

All eight brokerages covering the stock recommend rating of "buy" or higher; stock has a median PT of $17, per data compiled by LSEG

ONDS rose 281.3% in 2025