Wall Street expects Ondas Holdings to report Q1 2026 revenue of $39.36 million and a loss of $0.05 per share, with the stock currently trading at $9.04 against a bullish average price target of $20.13. The primary focus for investors is the company's ability to convert its rapidly expanding contract pipeline into realized revenue following significant M&A activity.
Growth is being propelled by the Ondas Autonomous Systems (OAS) division and the recent $175 million acquisition of Mistral, which have collectively pushed the company's pro forma backlog to record levels. Analysts are also looking for progress toward management's goal of reaching product-level profitability by the third quarter of 2026.