Why Ondas Stock Is Climbing Tuesday After Record Q4 Results

Following the earnings report, Needham analyst Austin Bohlig on Tuesday maintained Ondas with a Buy and raised the price target from $17 to $23. Here’s what investors need to know.Ondas shares are advancing steadily. Why is ONDS stock trading higher?Ondas Q4 Revenue Crushes EstimatesFor the fourth quarter, Ondas reported revenue of $30.1 million, ahead of the $27.6 million analyst estimate, while sales surged 198% sequentially and 629% year over year. Gross profit climbed to $12.7 million and gross margin e ...