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Ondas Incorporated (ONDS) Fuels Confidence Based on Acquisitive Strategy and Autonomous Systems Portfolio
Yahoo Finance· 2026-02-12 08:54
Group 1 - Ondas Incorporated (NASDAQ:ONDS) is recognized as one of the top 11 communication equipment stocks by hedge funds [1] - Stifel analyst Jonathan Siegmann raised the price target for Ondas from $17 to $18, maintaining a Buy rating after a recent investor presentation [1] - The company highlighted its Autonomous Systems portfolio and recent acquisitions, with forecasts exceeding analyst estimates [1] Group 2 - On February 2, Ondas announced the acquisition of Rotron Aero, a UK-based developer of advanced unmanned and autonomous aerial platforms [1] - This acquisition aims to enhance Ondas's capabilities in long-range and scalable military drone systems, funded through a mix of cash and stock [1] - The deal is subject to regulatory approval and is expected to meet the growing demand for cost-effective autonomous technologies in military applications [1][2]