Ondas (NASDAQ:ONDS), a provider of autonomous drone infrastructure, artificial intelligence, and automated data solutions, closed Tuesday at $13.13, up 8.18%. The stock moved higher during the regular session as multiple firms raised price targets following Ondas' 2026 revenue forecast increase. On January 21, 2026, Ondas stock traded within a range of $11.20 to $14.20, with shares at $13.28. The gains come on the back of company leadership's confidence in accelerating growth across its autonomous systems and integrated platform strategy.
Preliminary 2025 revenue beat Ondas' prior targets by up to 51%, as backlog jumps 180% and 2026 revenue goal rises to a $170M-$180M range. Ondas held OAS Investor Day on January 16, 2026 and released preliminary 2025 results and a raised 2026 revenue target. The company expects fourth-quarter 2025 revenue between $27–$29 million (51% above prior guidance), and full-year 2025 revenue between $47.6 million and $49.6 million, exceeding earlier targets by 23%. Backlog is estimated at $65.3M as of Dec 31, 2025 (a 180% increase since Nov 13, 2025). This explosive backlog growth signals strong demand for Ondas' autonomous drone platforms across defense, security, and critical infrastructure markets.
Ondas' pro-forma cash balance exceeds $1.5B as of Dec 31, 2025, adjusted for an offering of approximately $1.0B. Ondas Holdings Inc. formally changed its name to Ondas Inc. in January 2026, with the change effective January 16, 2026, and updated bylaws and equity plans to align with its new name. The company completed a registered direct offering, selling 19 million shares alongside pre-funded warrants for up to 41.8 million shares at roughly $16.45 each, with expected net proceeds of approximately $959 million. ONDS stock is up 31% year-to-date and 480% over the past 12 months. The next key milestone arrives in March when audited financial results will give investors more precise clarity on this rapidly scaling drone AI company.