Ondas
ONDSMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -23%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$11
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- April 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 3 months
- How long Benson has been tracking this pick.
About Ondas
Ondas builds the drones and the anti-drone systems that modern militaries and security teams increasingly rely on. Think of it as a one-stop shop for autonomous defense: drones that scout and strike, systems that detect and shoot down enemy drones, and the software that ties it all together. Most of its sales come from defense and homeland security customers around the world.
The case for and against
Both sides of the story, in plain English.
- Explosive Growth
Revenue is growing at a pace that is hard to believe. In the first quarter of 2026, Ondas brought in 50 million dollars, more than ten times what it made a year earlier. Management raised its full-year target to at least 390 million dollars, which would be roughly 670 percent growth over last year.
- Loaded War Chest
Ondas is sitting on about 1.48 billion dollars in cash and investments, giving it real staying power while it grows. Its order backlog jumped to 457 million dollars from just 68 million at the end of 2025, so there is strong visibility into future sales. It also holds a position in a 982 million dollar U.S. Army loitering munitions program.
- Burning Cash
This is not a profitable company yet. In the first quarter it lost about 43 million dollars from actual operations, and management does not expect company-wide profitability until early 2028. Until then, the business is spending far more than it earns.
- Risky And Diluting
The stock is extremely volatile and roughly a third of its shares are sold short by people betting it will fall. Ondas is also buying companies at a rapid pace and printing new shares to fund it, with shares outstanding rising from 381 million to 469 million in a single quarter, which chips away at each owner's slice.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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