• Ondas Inc. (NASDAQ:ONDS) receives an "Outperform" rating from Oppenheimer, with a raised price target from $12 to $16.
• The company projects a significant increase in Q4 2025 revenue to between $27 million and $29 million, a 51% increase from previous guidance.
• Ondas' backlog has surged by 180% to $65.3 million, indicating strong demand for its autonomy platform and enhancing revenue visibility.

Ondas Inc. (NASDAQ:ONDS) is a company that specializes in developing advanced wireless data and drone solutions. It operates through its Ondas Networks and Ondas Autonomous Systems (OAS) divisions. The company is known for its innovative autonomy platform, which has been gaining traction in the market. Ondas competes with other technology firms in the autonomous systems and wireless communication sectors.

On January 20, 2026, Oppenheimer maintained its "Outperform" rating for ONDS, with the stock priced at $12.14. Oppenheimer also raised the price target from $12 to $16, as highlighted by TheFly. This positive outlook is supported by Ondas' strong financial performance and strategic growth initiatives.

Ondas has raised its revenue outlook for 2026, driven by a significant increase in backlog and robust 2025 results. The company has projected its fourth-quarter 2025 revenue to be between $27 million and $29 million, marking a 51% increase from its previous guidance. For the full year of 2025, Ondas anticipates revenue to range from $47.6 million to $49.6 million, surpassing earlier targets by 23%.

The company's backlog has surged by 180% to $65.3 million, indicating strong demand for its autonomy platform. This growth reflects the successful execution of its core plus strategic growth plan, transforming OAS into a comprehensive multi-domain global autonomy platform. The increased backlog enhances revenue visibility and supports the raised price target.

Despite the positive outlook, ONDS is currently priced at $12.14, reflecting a decrease of approximately 5.33% with a change of $0.68. The stock has fluctuated between a low of $12.12 and a high of $14.25 today. Over the past year, it has seen a high of $15.28 and a low of $0.57. With a market capitalization of approximately $4.91 billion and a trading volume of 168.23 million shares, ONDS remains a significant player in its industry.