New York, January 16, 2026, 6:20 PM ET — Post-market update.
- Shares of Ondas Holdings dipped after the bell, reacting to the latest Investor Day update
- Company raised its 2026 revenue target and indicated a stronger preliminary revenue outlook for 2025
- The next milestone to watch is March results, along with any updates from the subsequent Investor Day.
Ondas Holdings Inc., recently rebranded as Ondas Inc., saw its shares drop 5.3% in after-hours trading Friday, closing at $12.16. The stock swung sharply during the session, peaking at $14.20 before sliding back to $12.10. Roughly 168 million shares traded hands.
This move is crucial as the company wants investors to factor in a fresh growth trajectory ahead of its audited year-end results. With the stock behaving like a headline magnet recently, there’s barely any space for vague guidance.
Ondas laid down clearer revenue and cash targets during Friday’s Investor Day, sketching out its 2026 outlook. Now, traders face the question: are these goals conservative baselines, ambitious peaks, or simply shifting benchmarks?
Ondas boosted its 2026 revenue forecast to $170 million–$180 million, a 25% jump from the previous $140 million target, according to a recent filing. The company also reported its pro-forma cash balance topped $1.5 billion as of Dec. 31, following a roughly $1.0 billion offering. Alongside that, Ondas released preliminary 2025 numbers, projecting Q4 revenue between $27.0 million and $29.0 million, full-year revenue in the range of $47.6 million to $49.6 million, and an estimated year-end backlog of $65.3 million.
The company noted the figures are unaudited and preliminary, provided in an SEC filing but not formally “filed,” a legal nuance that limits some liabilities. It plans to release full results for the quarter and year ending Dec. 31 in March.
A separate filing revealed that Ondas officially shortened its corporate name from “Ondas Holdings Inc.” to “Ondas Inc.” as of Jan. 16. The company also revised its bylaws and incentive plans accordingly. Its Nasdaq ticker, ONDS, remains unchanged.
Ondas markets autonomous aerial and ground systems alongside private wireless networking equipment tailored for industrial use. Investor Day spotlighted its autonomous security platforms, especially counter-UAS—systems built to detect or interfere with drones.
Backlog represents the value of orders still awaiting recognition as revenue and can shrink if customers postpone, alter, or cancel projects. Pro-forma cash is an adjusted figure showing the balance sheet post-transaction—in this instance, following a sizable recent financing.
The risk is straightforward: preliminary numbers can shift, and revenue goals may fall short—especially when they depend on rolling acquisitions into the mix and turning backlog into timely shipments. Should the March report reveal thinner margins or sluggish orders compared to expectations, the stock could quickly adjust downwards.
U.S. markets were closed Monday in observance of Martin Luther King Jr. Day. Investors will have to wait until Tuesday for the next regular trading session to respond. (Nasdaq)
Traders will be looking for any follow-up from Investor Day — whether it’s slides, fresh backlog details, or announcements of new customer wins. Then attention will shift to the March reporting date, when the company’s audited 2025 results and 2026 outlook face real numbers instead of targets.
