Ondas Holdings (ONDS) Stock Today: $80M Roboteam Deal, Fresh $10 Target and What It Means for Investors

Published: November 26, 2025

Ondas Holdings Inc. (NASDAQ: ONDS) continues to dominate defense‑tech headlines this week. After a blistering two‑week rally driven by record earnings, a $35 million drone‑manufacturing investment and the closing of its Sentrycs cyber‑counter‑drone acquisition, the company is now adding tactical ground robots to the mix with an $80 million deal for Roboteam.

As of early trading on Wednesday, November 26, Ondas stock is hovering in the mid‑$8s, close to Tuesday’s close of $8.44, after a sharp but volatile run that has left the shares up roughly 45% over the past two weeks. ^[1]

At the same time, Lake Street Capital Markets has raised its price target on ONDS to $10, adding to a cluster of bullish Wall Street calls that frame the company as a high‑growth but high‑risk way to play the defense robotics boom. ^[2]

Below is a detailed look at what’s driving ONDS today and how the latest moves fit into the broader investment story.

Key Takeaways for Ondas (ONDS) on November 26, 2025

Share price: ONDS closed Tuesday, Nov. 25, at $8.44, down about 3% on the day after swinging between roughly $8.07 and $8.88. Despite the pullback, the stock has gained around 45% over the last two weeks, highlighting extreme volatility. ^[3]
Pre‑market tone today: Pre‑market data early Wednesday showed ONDS trading slightly above Tuesday’s close in the mid‑$8s, suggesting consolidation rather than another vertical spike—at least so far. ^[4]
New headline deal: Ondas has entered an $80 million all‑cash agreement to acquire Roboteam, a leading Israeli maker of rugged tactical unmanned ground vehicles (UGVs), with deployments across 30+ countries. ^[5]
Near‑term revenue boost: The Roboteam acquisition is expected to add $3–4 million to Q4 2025 revenue and at least $30 million in 2026, backed by more than $20 million in recent orders. ^[6]
System‑of‑systems strategy: Roboteam joins a growing stable that includes the Sentrycs cyber‑counter‑drone platform and a $35 million stake in Performance Drone Works (PDW), giving Ondas a combined air, ground and cyber defense portfolio. ^[7]
Massive war chest & growth targets: After a large October equity raise, Ondas finished Q3 with $433.4 million in cash and a pro forma cash balance of about $840 million, alongside record quarterly revenue of $10.1 million (+582% year‑over‑year) and a raised 2025 revenue target of at least $36 million and 2026 target of at least $110 million. ^[8]
Dilution watch: At a special meeting this month, shareholders approved doubling authorized common stock from 400 million to 800 million shares and expanding the 2021 stock incentive plan from 26 million to 61 million shares—fueling concern about future dilution even as it enables more deal‑making. ^[9]
Analyst and model signals: Seven Wall Street analysts currently rate ONDS a Buy, with price targets typically clustered around $9–12. Quant and technical services, meanwhile, highlight very high short‑term volatility and generally flag the shares as high‑risk, hold/accumulate territory rather than a low‑risk buy‑and‑forget name. ^[10]

ONDS Stock Price Today: Cooling After a Wild Two Weeks

Ondas shares have been on a roller‑coaster in November.

According to technical‑analysis site StockInvest, ONDS fell 2.99% on Tuesday, November 25, from $8.70 to $8.44, with an intraday range of roughly $8.07–$8.88—a 10% swing in a single session. Over the previous two weeks, the stock still delivered a gain of about 45.5%, underscoring just how explosive the recent rally has been. ^[11]

Pre‑market quotes early Wednesday showed ONDS trading near $8.56, up modestly from Tuesday’s close, before regular‑session volatility kicks in. ^[12] Major outlets summarizing overall market action today are listing ONDS at $8.44, down around 3.2% on the previous day, reflecting Tuesday’s close. ^[13]

A few points about the tape:

Daily volatility has averaged close to 20% over the last week, according to StockInvest, which also describes ONDS as a “very high risk” stock based on its wide trading bands. ^[14]
The same service expects the share price to potentially trade anywhere between roughly $5.90 and $12.70 over the next three months, given current trends—an unusually wide forecast range. ^[15]

In short, ONDS is still trading like a story‑driven, news‑sensitive defense tech name rather than a slow‑and‑steady industrial.

Today’s Big Story: $80M Roboteam Acquisition Extends Ondas into Ground Robotics

The headline catalyst this week—and central to today’s coverage—is Ondas’ move into tactical ground robotics via Roboteam.

Deal terms and scope

Ondas has signed a definitive agreement to acquire Roboteam (Robo‑Team Holdings Ltd.), an Israeli developer of rugged unmanned ground vehicles and the Roboteam HUB command‑and‑control platform. ^[16]

Key elements from company and media disclosures:

Purchase price: approximately $80 million, structured as an all‑cash transaction, according to SEC‑related reporting and Israeli tech outlet CTech. ^[17]
Use cases: Roboteam’s robots are used for explosive ordnance disposal (EOD), intelligence, surveillance and reconnaissance (ISR) and hazardous‑environment missions, and can also support select commercial applications. ^[18]
Customer base: Systems are deployed with Tier‑1 defense and security customers, including the U.S. and Israeli militaries, and are in service across more than 30 countries worldwide. ^[19]
Backlog and growth: Roboteam has recently secured over $20 million in new orders, expected to be fulfilled through 2026. ^[20]

Ondas expects the acquisition to be immediately impactful:

Q4 2025 revenue contribution:$3–4 million
Full‑year 2026 contribution:at least $30 million in revenue from Roboteam alone. ^[21]

Strategic fit: completing the “multi‑domain autonomy” vision

Roboteam plugs directly into Ondas Autonomous Systems (OAS), the business unit that already contains:

The Optimus automated drone system
The Iron Drone Raider autonomous counter‑UAS interceptor
Acquired robotics and sensing platforms such as Apeiro Motion, 4M Defense, Smart Precision Optics (SPO) and Insight Intelligent Sensors. ^[22]

Management has repeatedly described its goal as building a “system‑of‑systems, multi‑domain autonomy” platform that unifies aerial drones, ground robots, counter‑drone systems and AI‑driven command software. TechStock²+2Ondas Holdings Inc.+2

Roboteam’s combat‑proven UGVs, together with Ondas’ aerial and cyber assets, give the company:

A deeper product stack for defense, homeland security and public safety missions
A stronger pitch to customers that increasingly want integrated air‑and‑ground solutions rather than single‑purpose platforms
Additional scale and backlog to support Ondas’ higher 2025–2026 revenue targets

Sector commentary today has also placed this move in the context of a booming drone and robotics market, with one MarketNewsUpdates piece projecting the global commercial drone market to grow from $30.67 billion in 2024 to nearly $993 billion by 2035, and citing Ondas among the active players in defense‑focused unmanned systems. ^[23]

Recent Moves That Set Up Today’s Rally

The Roboteam deal doesn’t exist in a vacuum. ONDS has been in near‑constant newsflow throughout November.

1. $35M investment in Performance Drone Works (PDW)

Last week, Ondas announced a $35 million strategic investment in Performance Drone Works (PDW), a U.S. defense robotics manufacturer whose systems are deployed across every branch of the U.S. military. ^[24]

Highlights:

PDW operates “Drone Factory 01” in Huntsville, Alabama—a 90,000 sq ft facility designed to produce up to 100,000 NDAA‑compliant drone systems per year, representing as much as $1 billion in annual production value at full utilization. ^[25]
A recent $20.9 million U.S. Army contract for PDW’s C100 UAS underscores demand for its combat drone lineup. TechStock²+1

Ondas’ capital injection is meant to fund PDW’s production scale‑up, expand engineering headcount and secure domestic, NDAA‑compliant components—critical for U.S. defense programs. ^[26]

2. Sentrycs acquisition: cyber layer for counter‑drone defense

On November 18, Ondas completed its $225 million acquisition of Sentry CS Ltd. (Sentrycs), an Israel‑based leader in Cyber‑over‑RF counter‑UAS technology. ^[27]

Key details:

Consideration totals about $225 million, including $125 million in cash and up to $100 million in Ondas common stock, according to SEC and financial‑press summaries. ^[28]
Sentrycs has roughly 200 deployments across more than 25 countries, serving defense, public‑safety, aviation and critical‑infrastructure customers. ^[29]
Its Cyber‑over‑RF technology passively detects, identifies, tracks and takes control of unauthorized drones at the protocol layer, offering a “soft‑kill” option that avoids traditional jamming or spoofing. ^[30]

Ondas plans to tightly integrate Sentrycs with the Iron Drone Raider platform, creating a layered detect‑to‑defeat solution that combines cyber takeover with autonomous physical interception. ^[31]

3. $8.2M Iron Drone Raider order for a major European airport

On November 17, the company announced an approximately $8.2 million purchase order from a major European security agency to deploy multiple Iron Drone Raider counter‑UAS systems around one of Europe’s largest international airports. ^[32]

The deployment will be led by Ondas’ Airobotics subsidiary as prime contractor and is designed to provide 24/7 autonomous airspace protection, reinforcing the company’s positioning as a go‑to provider of integrated counter‑drone solutions for critical infrastructure.

Fundamentals Check: Record Q3, Big Cash, Bigger Losses

The underlying financial story is a mix of explosive growth and persistent unprofitability.

From Ondas’ Q3 2025 earnings release: ^[33]

Revenue:
- Q3 2025 revenue was $10.1 million, up 582% year‑over‑year (from $1.5 million) and 60% quarter‑over‑quarter, driven primarily by defense and drone contracts and the Apeiro Motion acquisition.
Margins & earnings:
- Gross profit rose to $2.6 million, with gross margin at 26%, versus just 3% a year ago.
- Operating expenses jumped to $18.1 million, up from $8.7 million, with roughly $5 million of that increase coming from stock‑based compensation and the rest from higher payroll and deal‑related legal and professional costs.
- Operating loss was $15.5 million; net loss came in at $7.5 million, an improvement from a $9.5 million loss a year earlier, helped by interest income and gains on minority investments.
Cash & balance sheet:
- Ondas finished Q3 with $433.4 million in cash, cash equivalents and restricted cash, up from $30 million at the end of 2024.
- Adjusting for the $425 million follow‑on equity offering closed on October 7 (about $407.2 million net), pro forma cash was approximately $840.4 million before Q4 acquisitions and investments. ^[34]
- Convertible debt fell to $9.5 million from $52.7 million at year‑end 2024 as earlier holding‑company notes were converted into equity. ^[35]
Outlook:
- Management raised its 2025 revenue target to at least $36 million (from $25+ million previously) and set a preliminary 2026 revenue target of at least $110 million, supported by a $23.3 million backlog at the end of Q3 and visibility into production schedules. ^[36]

The takeaway: Ondas has dramatically increased its scale and balance‑sheet firepower, but its operating losses remain large, and the company is leaning heavily on equity issuance to fund its acquisition and investment spree.

Capital Structure: Big War Chest, Big Dilution Capacity

This month’s Special Meeting of Stockholders is another crucial piece of the puzzle.

According to SEC filings and summary coverage: ^[37]

Shareholders approved doubling authorized common shares from 400,000,000 to 800,000,000.
They also approved an amendment to the 2021 Stock Incentive Plan, expanding available shares for employee and management equity awards from 26 million to 61 million.
Earlier proxy materials and commentary framed the move as necessary to:
- Fund future acquisitions and investments using stock
- Accommodate warrant exercises from recent capital raises
- Maintain robust equity‑based compensation to attract defense‑tech talent

Ondas had 349 million shares outstanding as of the October 8 record date for the meeting, meaning there is now substantial headroom for additional share issuance. ^[38]

This expanded capacity helps explain how the company can finance deals like Sentrycs and Roboteam largely with cash while still keeping options open for future equity‑funded M&A—but it also heightens investors’ focus on dilution risk.

What Wall Street and Quant Models Are Saying About ONDS

Street ratings: bullish on growth, cautious on execution

Several firms have updated coverage in recent weeks:

Needham: Reaffirmed Buy and raised its ONDS price target from $9 to $10 on November 13. ^[39]
Oppenheimer: Upgraded Ondas to Outperform with a $12 price target in mid‑November, citing accelerating defense‑drone growth and strengthening balance sheet. ^[40]
Lake Street Capital Markets: Today raised its target to $10, reinforcing a Buy stance, according to StreetInsider’s headline note. ^[41]

Aggregated data from analyst‑tracking services show:

Seven Wall Street analysts currently covering ONDS, all rating it Buy (0 Hold, 0 Sell). ^[42]
A median 12‑month price target around $10, with a range that typically spans $9–13; MarketBeat separately lists an average target around $9.20, while a recent Yahoo/SimplyWall‑based summary cites an updated consensus closer to $10.86—reflecting somewhat different methodologies but broadly similar upside in the high‑single‑ to low‑double‑digit percent range from recent prices. ^[43]

Technical and AI‑driven models: “hold/accumulate,” very high risk

On the quantitative side:

StockInvest’s AI‑driven model currently classifies ONDS as a “hold/accumulate” rather than a clear buy, flagging:
- Very high daily volatility (about 19% average recently)
- A wide three‑month expected trading corridor (roughly $5.89–$12.73)
- Mixed signals from moving averages (short‑term bullish, but with a longer‑term average still above the short‑term one). ^[44]

Other screens and AI tools (including TipRanks’ “Spark” commentary) generally highlight the strong technical momentum and revenue growth, but balance that against deep losses and valuation risk at a market cap now quoted around $3+ billion. ^[45]

Taken together, the professional and quantitative views tend to agree on two points:

The growth story is compelling if Ondas can execute on its defense‑robotics pipeline.
Execution, integration and dilution risks remain high, making ONDS more suitable for investors who can tolerate sharp drawdowns and headline‑driven moves.

How Today’s News Fits the Bigger ONDS Story

If you zoom out, November 2025 marks a turning point for Ondas:

In just a few quarters, the company has gone from a small‑cap drone and wireless‑network play with Nasdaq‑compliance worries to a heavily capitalized defense‑robotics platform executing a rapid‑fire acquisition strategy. ^[46]
The Sentrycs, PDW and Roboteam deals effectively position Ondas across air, ground and cyber domains at a time when defense and homeland‑security buyers are prioritizing integrated unmanned systems. ^[47]
Record Q3 revenue, upgraded multi‑year guidance and contract wins like the $8.2M European airport order provide some hard numbers behind the narrative. ^[48]

At the same time, investors following ONDS today need to weigh:

Profitability concerns: Operating losses remain large, and even with higher revenue targets, the company will need substantial scale and margin improvement to justify its new valuation. ^[49]
Integration risk: Ondas is stitching together multiple acquisitions—Apeiro, 4M Defense, SPO, Insight, Sentrycs and now Roboteam—across different geographies and specialty areas. Successful integration is not guaranteed. ^[50]
Dilution and capital‑structure complexity: Doubling authorized shares and expanding the stock plan, alongside large equity raises and potential stock‑based deal consideration, mean existing shareholders could see their ownership diluted over time if growth doesn’t keep pace. ^[51]

What to Watch Next with ONDS

For traders and longer‑term investors tracking Ondas after today’s news, key near‑term catalysts include: Ondas Holdings Inc.+3TechStock²+3Ondas Holdings Inc.+3

Closing and integration of the Roboteam deal
- Watch for confirmation of closing terms, milestone updates and evidence that Roboteam is tracking toward the promised $3–4M in Q4 2025 and $30M+ in 2026 revenue.
Execution on the PDW partnership
- Signs that PDW is successfully ramping production at Drone Factory 01 and converting Ondas’ $35M investment into larger U.S. defense contracts will be key to the next leg of the growth story.
Sentrycs + Iron Drone Raider deployments
- New deals that explicitly reference integrated cyber‑and‑kinetic counter‑UAS solutions would validate Ondas’ system‑of‑systems pitch.
Margin and loss trajectory
- Future earnings reports will be closely watched for improvements in gross margin and evidence that operating expenses grow more slowly than revenue.
Use of expanded share authorization
- Any new equity offerings, warrant exercises or stock‑based acquisitions will directly affect per‑share economics and may be met with either enthusiasm (if tied to value‑creating deals) or skepticism (if perceived as opportunistic dilution).

Bottom Line on Ondas (ONDS) Stock Today

For November 26, 2025, the ONDS story is all about scale and ambition:

The stock is consolidating in the mid‑$8s after a rapid multi‑week rally.
Management is using a massive cash pile and expanded equity authorization to assemble a comprehensive defense‑robotics ecosystem spanning drones, ground robots and cyber counter‑UAS.
Wall Street remains broadly bullish on the long‑term opportunity but increasingly vocal about execution, profitability and dilution risks.

As always, this article is for informational purposes only and is not financial or investment advice. ONDS is a highly volatile stock, and whether it’s appropriate for you depends on your risk tolerance, time horizon and overall portfolio. Consider doing your own deep research and, if needed, consulting a licensed financial professional before making any trading or investment decisions.