profit from every $100 of sales.
$0$100
Ondas
$5.32-7.16% today
-3.4% in 1 year
1-year low $4.521-year high $14.01
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Ondas sold, what it kept, and what it did with the cash.
Sales went from $2.13 million in 2022 to $50.7 million in 2025, with -$132 million of profit last year.
SalesProfit
Ondas vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Ondas | No profit yet | ||
 Cisco | 30.3× · Expensive | ||
 Foxconn Industrial Internet | 24.4× · Fair price | ||
 Zhongji Innolight | 55.5× · Expensive | ||
 Motorola Solutions | 40.7× · Expensive |
AI analysis
Tiny wireless and drone business with huge losses and dilution
Read the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2 | 16 | 7 | 51 | |
| 1 | 6 | 0 | 20 | |
| -50 | -38 | -35 | -58 | |
| -65 | -35 | -29 | -118 | |
| -73 | -45 | -38 | -132 | |
| -1.73 | -0.88 | -0.61 | -0.62 | |
| 52.2% | 40.7% | 4.8% | 39.7% | |
| -2,352.5% | -243.6% | -481.1% | -115.1% | |
| -3,445.3% | -285.8% | -528.4% | -260.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 98 | 92 | 110 | 1,133 |
| Cash | 30 | 15 | 30 | 551 |
| Total debt | 33 | 35 | 55 | 16 |
| Total liabilities | 40 | 47 | 74 | 661 |
| 58 | 33 | 17 | 438 | |
| 42 | 53 | 70 | 222 | |
| -59.9% | -47.0% | -37.8% | -22.0% | |
| -125.8% | -135.3% | -229.2% | -30.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -38 | -34 | -33 | -39 | |
| 3 | 0 | 2 | 2 | |
| -41 | -34 | -35 | -41 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 6 | 1 | 1 | 16 |
Valuation
- –
- –
- –
- 7.1×
- 61.1×
- –
- –
- -1.3%
- -4.3%
- 0.0%
Profitability
- 39.7%
- -115.1%
- -260.2%
- -71.1%
- -22.6%
- -42.7%
- 46.6%
- 9.9%
- -3.9%
- 32.0%
Growth
- +187.9%
- –
- −15.8%
- –
- +73.8%
Financial health
- -4.5×
- 0.04
- 0.2%
- -19.2×
- 4.84
- 10.68
- 0.04
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 4%of 969
Bottom 1%of 976
Top 1%of 978
Bottom 17%of 983
What analysts expect
- Average price target
- $16.56
- Range
- $10.00 – $22.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | 0.77 | -0.03 | +2,666.7% |
| Mar 23, 2026 | -0.39 | -0.06 | −550.0% |
| Nov 13, 2025 | -0.06 | -0.04 | −54.6% |
| Aug 12, 2025 | -0.08 | -0.11 | +27.3% |
| May 15, 2025 | -0.15 | -0.11 | −36.4% |
| Mar 12, 2025 | -0.14 | -0.09 | −55.6% |
| Nov 12, 2024 | -0.15 | -0.14 | −7.1% |
| Aug 14, 2024 | -0.14 | -0.17 | +17.6% |
News
Ondas wins EASA approval for missile protection on Bombardier jetSeeking Alpha · Oct 13, 2026What Is The One Risk Every Ondas Investor Should Know?Yahoo Finance · Oct 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
21No pass
Benjamin Graham
40No pass
Philip Fisher
33No pass
Peter Lynch
50No pass
Joel Greenblatt
0No pass
Charlie Munger
26No pass
Terry Smith
19No pass
Questions about Ondas
Is Ondas a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Ondas AI analysis
What does Ondas do?
Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally. It operates through the Ondas Networks and Ondas Autonomous Systems segments. It is in Communication Equipment, based in West Palm Beach, FL, United States, with 459 employees.
Does Ondas pay a dividend?
No. Ondas does not pay a dividend at the moment.
Is Ondas stock halal?
Yes. Ondas passes our halal screen: its business is permitted and its debt is 0.5% of its market value, under the 30% limit. How we check
How has Ondas stock done over the past year?
Down 3.4% over the past twelve months, to $5.32. It traded between $4.52 and $14.01 and is 62.0% below its high.
Who are Ondas's competitors?
The largest listed companies in the same industry are Cisco, Foxconn Industrial Internet, Zhongji Innolight and Motorola Solutions. The peers table on this page compares their profit, growth and price with Ondas's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.