Analysts revise Ondas stock price target

Core Viewpoint - Ondas Holdings Inc. has gained attention following Stifel's initiation of coverage with a Buy rating and a price target of $13, indicating significant upside potential in the unmanned systems market [1][4]. Group 1: Stock Performance and Price Target - Stifel's price target of $13 suggests an upside of approximately 60.7% from Ondas' closing price of $8.09 [2]. - The stock was trading slightly higher at around $8.17 in premarket action [2]. Group 2: Market Position and Growth Potential - Stifel describes Ondas as well-positioned to lead in the unmanned systems sector, particularly in military drone applications, amidst a "generational inflection point" in the industry [4]. - The firm noted Ondas' impressive revenue growth of 208.4%, indicating early traction in a market that remains underpenetrated [5]. Group 3: Industry Dynamics and Government Spending - Stifel highlighted that current government spending on drones is a small fraction of total defense budgets, suggesting significant room for expansion in the coming decade [7]. - The integration of drone technologies into military structures is expected to drive this growth [7]. Group 4: Future Outlook - Stifel anticipates Ondas will create a "unique self-reinforcing flywheel" that combines access to capital, increasing credibility, and accelerated growth, supporting sustained stock upside [8]. - Ondas was also noted as one of ten sub-$10 billion stocks to watch in 2026 [8].