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Ondas shares dip after $30M new orders boost Q2 bookings above $110M, driving strong revenue growth.

Company Fundamentals
01 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Ondas Inc. reported $30 million in new orders for its unmanned and autonomous systems, pushing Q2 bookings above $110 million and expanding its backlog in defense and security technologies. The company posted a strong Q1 revenue of $50.1 million, significantly exceeding estimates and raising its 2026 revenue outlook to over $390 million, implying about 670% growth year-over-year. Despite a 2% premarket dip, Ondas shows strong bullish momentum with analysts maintaining Buy ratings and price targets around $19.83. This growth highlights Ondas' expanding presence in defense, homeland security, and critical infrastructure markets.

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