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Stock Ondas Holdings Inc. ONDS

Ondas Holdings Inc. — Investlytic score 1/5 on the five criteria.

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20/ 100
Score Investlytic · 5 criteria

Analysis in progress…

Investlytic score: 1/5 criteria met.

  • ❌ Price trend failed
  • ⚠️ Mixed growth
  • ✅ Debt passed
  • ❌ P/E failed
  • ❌ Correction failed

Price trend

Overall trend (8 years): insufficient progression (less than x1.5).

Price change 2018 → 2019: 0.00%

Price change 2019 → 2020: -48.17%

Price change 2020 → 2021: -28.08%

Price change 2021 → 2022: -76.30%

Price change 2022 → 2023: -3.77%

Price change 2023 → 2024: 67.32%

Price change 2024 → 2025: 281.25%

Price change 2025 → 2026: -23.26%

Price change 2026 (year to date): -32.03%

Financial growth

Revenue CAGR (8 years): 122.14%

Earnings CAGR (8 years): N/A

Growth status: positive trend (>1%/yr) in revenue, earnings data insufficient/N/A.

Debt

Debt-to-equity ratio: 0.03

Debt/equity < 0.5 (maximum threshold).

P/E (Price/Earnings)

P/E ratio: -11.14

P/E > 25.0 (maximum threshold).

Correction (6 months)

Current correction: 44.85% from the high over 6 months.

Excessive correction (> 20.0%).

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Criteria of the Investlytic model

- / 5
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Score out of 100, model verdict (buy, watch, sell) and details of the 5 criteria · visible with a free account.

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Price trend

Price & trend

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⚖️ Comparison with the market

All stocks →
StockP/EDette/FPRevenue growthRating
Ondas Holdings Inc.–0.03+34.1 %🔒
Rigetti Computing, Inc.–0.01+45.9 %–
Alten S.A.21.40.13+10.5 %–
Sopra Steria Group S.A.12.60.57+11.1 %–
Belden Inc.13.71.11+3.8 %–

Data from the Investlytic screener. The rating of the stock being viewed is reserved for members.

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Detailed analysis · Price trend

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Global model trend and annual price variations · visible with a free account.

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Revenues & profits

Revenue and net income

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Chart of revenues and net income over 8 periods · real data, no estimates.

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Financial indicators

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18 financial indicators analyzed by groups of criteria: valuation, profitability, growth, solidity, dividend, and momentum.

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Annual financial statements

Fiscal yearRevenueNet income Net marginEPSRevenue growth
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Complete annual financial statements: revenue, net income, margin, and EPS over 8 fiscal years.

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Key reported figures

Revenue, net income and net margin reported by Ondas Holdings Inc. over the latest fiscal years.

Revenue
50.7 m USD
fiscal year 2025
Net income
-132 m USD
fiscal year 2025
Net margin
-260.2 %
fiscal year 2025
Average annual growth
+87.9 %
Revenue growth over 5 years
Average annual growth
+157.9 %
Revenue growth over 10 years
Market cap
3.1 bn USD
Fiscal yearRevenueNet incomeNet marginRevenue growth
20202.2 m-13.5 m-622.9 %n/a
20212.9 m-15.0 m-516.9 %+34.3 %
20222.1 m-73.2 m-3,445.3 %-26.9 %
202315.7 m-44.8 m-285.8 %+638.1 %
20247.2 m-38.0 m-528.4 %-54.2 %
202550.7 m-132 m-260.2 %+605.3 %

Amounts converted to USD. Source: published annual accounts, collected on 06/11/2026.

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Accounts and financial health

Balance sheet and cash flow published by Ondas Holdings Inc. over the last fiscal years, strength scores and valuation by discounted cash flow (DCF).

Overview
average accounts
according to Altman Z, Piotroski and net debt
Altman Z-score
1.88
gray zone (1.81 to 2.99)
Piotroski Score
3 / 9
0 to 3: fragile accounts
Net Debt / EBITDA
-8.36 x
net cash
Fiscal year20212022202320242025
Cash and investments40.8 m29.8 m15.0 m30.0 m616 m
Total Debt1.8 m33.4 m35.3 m60.3 m12.5 m
Net Debt-39.0 m3.6 m20.3 m30.4 m-582 m
Equity112 m58.2 m33.1 m16.6 m437 m
Total assets117 m97.9 m92.2 m110 m1.1 bn
Operating cash flow-16.9 m-38.0 m-34.0 m-33.5 m-38.7 m
Investments (capex)923,7182.9 m211,0351.6 m2.0 m
Free cash-flow-17.9 m-40.9 m-34.3 m-35.2 m-40.9 m
Share buybacks00000
Dividends paid00000

Amounts in USD, currency of the published accounts.

Trailing 12-month ratios

Price / earnings (P/E)55.46 x
Price / book value1.70 x
Return on Equity (ROE)18.8 %
Return on Invested Capital (ROIC)-8.6 %
Net margin96.2 %
Debt / equity0.00 x
Current ratio9.85 x
Interest coverage-96.78 x
Free cash-flow yield-5.5 %

Altman Z: default risk estimated from the balance sheet and earnings. Piotroski: 9 tests on profitability, debt and efficiency. DCF: estimated value from discounted future cash flows, a model and not a forecast. Source: annual accounts published by the company, data as of 09/11/2026.

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Valuation and competitors

Ondas Holdings Inc. compared with its sector on the same exchange and with its main competitors.

Sector median P/E
38.2
technology, Nasdaq
Sector over 10 years
43.0
10-year median, range 30.8 to 59.5

Direct competitors

CompanyMarket cap (USD)P/ENet margin
Ondas Holdings Inc.3.1 bnn/a-260.2 %
EHang Holdings Limited EH151 mn/a-66.0 %
AeroVironment, Inc. AVAV5.7 bn34.85.3 %
AgEagle Aerial Systems, Inc. UAVS20.0 mn/a-101.9 %
Mobilicom Ltd MOB27.9 mn/a-705.4 %
Globalstar, Inc. GSAT10.9 bnn/a-3.2 %
Viasat, Inc. VSAT8.8 bnn/a-0.7 %
Inseego Corp. INSG66.6 m26.90.5 %
Airgain, Inc. AIRG51.2 mn/a-12.4 %
Sector median (Nasdaq)38.2

Trailing 12-month P/E. Sector: median of companies in the same sector listed on the same exchange, collected on . Competitors: comparable companies named by the data provider.

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Analyst consensus and forecasts

What the financial analysts covering Ondas Holdings Inc. publish: ratings, price targets and earnings forecasts.

Majority rating
buy
8 analysts

Breakdown of ratings

strong buy 0buy 8hold 0sell 0strong sell 0

Price targets: published for companies listed in the United States only.

Track record against expectations: reported EPS above consensus 4 times over the last 12 releases.

Source: ratings and forecasts published by analysts, collected on 07/11/2026. An analyst rating or target is not a guarantee.

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Dividends and earnings

Ondas Holdings Inc.: dividend history, last distributions, stock splits and earnings releases.

No known dividend for this company.

Earnings releases

Next release: 12/11/2026. Expected EPS: -0.13.

Factual data: ex-dividend history and earnings calendar, as of 05/11/2026. A past dividend does not guarantee the next one.

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Who owns the stock

Free float, institutional investors, large funds, executives and elected officials: declared positions in Ondas Holdings Inc.

Free float
91.6 %
share of freely traded shares
Large funds tracked
16
hold the stock as of 2026Q2
Executives (insiders)
0 / 2
0 purchases, 2 sales in 130 days

Large funds tracked

FundSharesValue (USD)Weight in the fundChangeQuarter
BlackRock39.5 m325 m0.0 %+324.2 %2026Q2
State Street31.2 m257 m0.0 %+385.1 %2026Q2
Vanguard Group18.8 m183 m0.0 %+39.9 %2025Q4
Geode Capital Management12.7 m105 m0.0 %+139.9 %2026Q2
Morgan Stanley11.4 m94.3 m0.0 %+78.7 %2026Q2
Citadel Advisors7.4 m61.2 m0.0 %+1,485.7 %2026Q2
JPMorgan Chase6.6 m53.1 m0.0 %-5.0 %2026Q2
Northern Trust4.4 m36.2 m0.0 %+289.7 %2026Q2

Latest insider transactions

DatePersonSideAmount
24/09/2026Laird Neil Jsale38,328 USD
18/08/2026Cohen Richard Msale67,177 USD

Sources: 13F filings (quarter shown), executives' Form 4 filings and US Congress members' disclosures, collected on 08/11/2026. Detailed disclosure obligations mainly apply to companies listed in the United States.

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PEA and practical information

PEA eligibility
no
head office outside the EU and EEA
Listing exchange
Nasdaq
IPO: 04/12/2020
ISIN code
US68236H2040
Workforce
113
full-time employees
Chief executive
Eric Ashley Brock CPA
Next earnings
12/11/2026

Rule applied: the French PEA accepts shares of companies headquartered in the European Union or the European Economic Area and subject to corporate income tax; ADRs and tax-exempt property companies (SIIC) are excluded. The institution holding the PEA confirms eligibility.

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Frequently asked questions about Ondas Holdings Inc.

What is the Ondas Holdings Inc. share price?

Latest recorded price: 5.33 USD on 06/11/2026, for a market cap of 3.1 bn USD.

What is the revenue of Ondas Holdings Inc.?

50.7 m USD for fiscal year 2025, with net income of -132 m USD (net margin -260.2 %).

When does Ondas Holdings Inc. report its next earnings?

The next release is expected on 12/11/2026. EPS expected by analysts: -0.13.

What do analysts say about Ondas Holdings Inc.?

Out of 8 analysts: 8 buy or strong buy, 0 hold, 0 sell or strong sell.

Is Ondas Holdings Inc. stock eligible for the French PEA?

No: the company is headquartered outside the European Union and the European Economic Area (ISIN US68236H2040).

How many employees does Ondas Holdings Inc. have?

113 full-time employees according to the latest published profile.

Who runs Ondas Holdings Inc.?

Eric Ashley Brock CPA is the company's chief executive.

Which large funds own Ondas Holdings Inc.?

As of 2026Q2, among the large funds tracked: BlackRock, State Street, Vanguard Group, Geode Capital Management, Morgan Stanley.

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