New York, January 25, 2026, 05:17 EST — The market has closed.
- Ondas shares ended Friday down 3.6%, wrapping up yet another turbulent week for the stock.
- A recent filing detailed the financing steps at its Ondas Networks division, specifying terms for preferred stock.
- Traders approach Monday focused on potential share-supply pressure and awaiting the latest update on 2025 results.
Ondas Inc shares dipped 3.6% to close at $12.17 on Friday, with roughly 79.5 million shares traded, according to Nasdaq data. The drop followed the company’s release of fresh regulatory filings related to financing at its Ondas Networks unit. (Nasdaq)
The filing comes at a tricky time for bulls. Ondas had just raised its 2026 revenue forecast to between $170 million and $180 million earlier this month, also revealing a pro-forma cash balance above $1.5 billion following a roughly $1 billion offering. It flagged preliminary 2025 revenue and backlog numbers, with audited results expected in March. (Ondas Inc.)
This context is crucial since the rally hinges on hefty figures and substantial funding—both highlighting one key issue: how many shares will actually hit the market. On Thursday, Ondas disclosed in a separate SEC filing that it submitted a prospectus supplement allowing the occasional resale of 1,622,607 common shares. These shares belong to stockholders who got them through the Sentry CS acquisition.
Friday’s filing revealed an $8.4 million Series B preferred stock deal in Ondas Networks completed on Jan. 16. About $6.0 million came from Ondas itself, with another $2.0 million from Charles & Potomac Capital, the company said. The preferred shares pay an 8% dividend if the unit’s board declares it, and can be converted into Networks common stock. The filing also noted a $1.5 million secured note from Charles & Potomac now matures on Dec. 31, 2027.
Ondas works in private wireless and autonomous systems. It markets industrial wireless broadband tech via Ondas Networks and offers drone platforms through subsidiaries like American Robotics and Airobotics, its investor site says. (Ondas Inc.)
Despite the stock showing some volatility, analysts remain bullish on the growth potential. Amit Dayal of H.C. Wainwright, who bumped up his price target earlier this week, said Ondas is “entering 2026 from a position of strength.” He highlighted the company’s sizable sales pipeline and recent influx of funding as it actively seeks new deals. (Streetinsider)
Price action has been choppy. Between Jan. 20 and Jan. 23, Ondas swung between $11.80 and $14.33. Daily volumes ranged widely too, from around 79 million to roughly 151 million shares. (StockAnalysis)
Preferred stock ranks higher than common stock in the capital structure and often comes with dividend rights. If it’s convertible, it can later convert into common shares, potentially diluting existing shareholders if those conversions occur.
The downside scenario is straightforward. An influx of resales or conversions would increase supply, and missing the company’s raised 2026 target—or any hiccup from acquisition integration—could quickly sour sentiment in a stock that’s already proven volatile in both directions.
U.S. markets were closed Sunday, pushing the spotlight to Monday, Jan. 26, as traders eye whether selling pressure continues or buyers step in at the open. After that, attention will shift to any new resale-related filings and Ondas’ audited 2025 results update, which the company says should arrive in March.
