NEW YORK, Dec. 27, 2025, 4:16 p.m. ET — Market closed
Ondas Holdings Inc. (NASDAQ: ONDS) ended the week in pullback mode, with shares last closing at $8.48 on Friday, down 7.12% on the session after trading between $8.43 and $9.17. Volume surged to roughly 48.8 million shares, a notably active day for the stock. In the final extended-hours update on Friday evening, ONDS was indicated around $8.46. [1]
With U.S. equity markets closed for the weekend, the next key checkpoint for ONDS investors is Monday’s regular session open—and the weekend setup matters because the latest headlines in the past 24–48 hours have centered less on new company announcements and more on positioning, forecasts, and how traders are interpreting Ondas’ rapid growth narrative in defense drones and counter-drone systems. [2]
What’s new in the last 24–48 hours: headlines driving weekend attention
1) Friday’s selloff recap and Street target overview (Dec. 26):
A MarketBeat note highlighted the 7% intraday decline to the $8.48 area, calling out the heavy trading activity and summarizing a “Moderate Buy” consensus view with an average target price reported around $10.43 (with differing ratings and target ranges among firms). [3]
2) Institutional-positioning headline (Dec. 27):
A separate MarketBeat item flagged that Farther Finance Advisors LLC reported a new stake (270,145 shares) valued around $2.09 million based on the cited filing period, adding to the “who’s buying” discussion around the name. [4]
3) Fresh bullish long-form thesis (Dec. 26):
In a Seeking Alpha analysis published Friday afternoon, James Foord (listed by the outlet as an Investing Group Leader and described as an economist by trade) argued that Ondas is positioned for significant growth as defense demand and regulation trends potentially shift the U.S. drone market. The piece points to Ondas’ “system-of-systems” strategy under Ondas Autonomous Systems and reiterates management targets and backlog figures, while also emphasizing execution and dilution risks. [5]
Is there new company news this weekend?
As of this weekend’s market close, Ondas’ investor relations press release feed does not show a new company press release dated within the last 48 hours (the most recent items on the IR press release list are from Dec. 18, 2025). That backdrop can matter: when there’s no fresh corporate catalyst, ONDS price action can be driven more by liquidity, sentiment, and technical flows—especially in a stock that has attracted outsized attention throughout 2025. [6]
Why ONDS can swing hard: volatility setup and key levels from the last session
Friday’s tape is a reminder that ONDS trades like a high-beta momentum name: a wide intraday range ($8.43–$9.17) combined with very large volume. [7]
Before Monday’s open, traders often watch these nearby reference points from the last session:
- Near-term support zone: Friday’s low around $8.43
- Near-term resistance zone: Friday’s high around $9.17 and the prior close area around $9.13 (Dec. 24 close shown in widely followed price histories) [8]
Separately, Ondas’ IR site shows a 52-week low/high of $0.57 / $11.70, underscoring the magnitude of the move the stock has already made over the past year and why pullbacks can be sharp. [9]
The fundamental narrative: drones, counter-UAS, and a rapid buildout strategy
Ondas has been pitching itself as a scaled platform across autonomous aerial systems, counter-drone (“counter-UAS”) solutions, and related defense/security robotics, supported by acquisitions and international demand. [10]
Key figures frequently cited in recent coverage and company materials include:
- Record Q3 2025 revenue of $10.1 million and consolidated backlog of $23.3 million at the end of Q3 2025
- A raised 2025 revenue goal of at least $36 million and a preliminary 2026 revenue target of at least $110 million [11]
A near-term catalyst investors are watching: January 2026 purchase order expectation
One of the more time-specific items on the calendar comes from Ondas’ Dec. 3, 2025 announcement that Ondas Autonomous Systems was selected as prime contractor for an autonomous border-protection program, with an initial purchase order anticipated in January 2026. If that timeline holds, investors often expect the market to start “handicapping” updates as that window approaches. [12]
The filings investors should understand before the next session: dilution and accounting impact
One of the most important “know before Monday” topics isn’t a headline from this weekend—it’s how recent filings can shape expectations around supply/demand for shares.
In an 8-K dated Dec. 17, 2025, Ondas described exchange agreements tied to Ondas Autonomous Systems (OAS) instruments. The company reported that it issued 5,299,482 shares of Ondas common stock on Dec. 17 and expects to issue approximately 2,389,203 additional shares on Jan. 5, 2026 (based on the Nasdaq closing bid price referenced in the filing). The company also stated it expected to record an estimated ~$56.6 million one-time, non-cash charge in Q4 2025 related to the exchange. [13]
Meanwhile, the related prospectus supplement language on SEC-hosted documentation provides additional context around the share base: it references 374,358,943 shares outstanding as of Dec. 16, 2025, plus the shares issued in connection with the exchange agreements (and assumptions around selling stockholders disposing of registered shares). [14]
Why this matters for Monday: even when a filing isn’t “new today,” markets often reprice stocks when traders focus on potential future selling pressure, increased float, or how a headline accounting charge could impact reported results—especially around year-end.
Analyst targets and forecasts: what the Street is signaling (and what to watch)
Forecast snapshots vary by data provider and included analysts, but several widely followed aggregators currently show double-digit price targets relative to the last close:
- TipRanks shows an average price target of $11.50 (with a high of $13.00 and a low of $10.00) based on the set of analysts it tracks for the recent period shown on its page. [15]
- MarketBeat lists an average target around $10.43 and notes a wider range across analysts on its forecast coverage. [16]
Investors should treat targets as opinions, not guarantees—and in high-volatility names like ONDS, targets can lag price action or be revised quickly after contract wins, guidance changes, or dilution-related updates.
Earnings timing: what calendars suggest (and why the date may move)
Ondas has not universally confirmed a next earnings date across all data feeds. Third-party calendars currently cluster around mid-March 2026, but they don’t perfectly agree:
- MarketBeat shows an estimated earnings date of March 11, 2026 (explicitly described as not yet confirmed by the company). [17]
- TipRanks and Investing.com display mid-March dates around March 18, 2026 on their earnings pages. [18]
- Seeking Alpha’s earnings page shows an announce date window in mid-March (as presented on its listing). [19]
What to do with this before Monday: treat these as watchlist placeholders and verify via company IR as the window approaches.
What investors should know before Monday’s session
With markets closed, ONDS investors heading into Monday typically focus on four practical buckets:
1) Price/volume confirmation at the open
Friday’s $8.43–$9.17 range and heavy volume set clear reference points for whether buyers step back in—or whether the selloff extends. [20]
2) Filings-driven supply questions
The Dec. 17 exchange-related share issuance and the additional shares expected Jan. 5, 2026 can influence sentiment around dilution and near-term float dynamics. [21]
3) Catalyst calendar (especially January)
The company’s stated expectation of an initial purchase order in January 2026 for its border-protection program is a concrete timeline that could drive incremental headlines or investor repositioning. [22]
4) The “story vs. structure” debate
Bullish theses (including the latest Seeking Alpha commentary) emphasize the growth runway and the scale of management targets, while more cautious investors focus on execution risk, valuation sensitivity, and dilution mechanics. [23]
This article is for informational purposes only and does not constitute investment advice. Markets and prices can change rapidly.
References
1. stockanalysis.com, 2. www.marketbeat.com, 3. www.marketbeat.com, 4. www.marketbeat.com, 5. seekingalpha.com, 6. ir.ondas.com, 7. stockanalysis.com, 8. stockanalysis.com, 9. ir.ondas.com, 10. ir.ondas.com, 11. ir.ondas.com, 12. ir.ondas.com, 13. ir.ondas.com, 14. www.sec.gov, 15. www.tipranks.com, 16. www.marketbeat.com, 17. www.marketbeat.com, 18. www.tipranks.com, 19. seekingalpha.com, 20. stockanalysis.com, 21. ir.ondas.com, 22. ir.ondas.com, 23. seekingalpha.com
