In a report released yesterday, Matthew Galinko from Maxim Group maintained a Buy rating on Ondas Holdings, with a price target of $5.00.
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Matthew Galinko has given his Buy rating due to a combination of factors that highlight the strong potential of Ondas Holdings. The company reported impressive second-quarter results for 2025, with revenue and adjusted EBITDA surpassing both Galinko’s and consensus expectations, largely driven by the robust performance of the drone segment. Ondas Holdings has maintained its revenue guidance for 2025 at a minimum of $25 million, primarily fueled by its drone operations, and has set a preliminary target of $40 million for 2026, indicating a promising growth trajectory.
Galinko also notes the strategic positioning of Ondas Holdings in the drone market, with multiple factors such as technological advancements, increasing military applications, and government focus contributing to the anticipated revenue surge. The company is well-capitalized, with a substantial cash reserve and a declining burn rate, ensuring financial stability until 2032. Additionally, the decision to raise the price target to $5 reflects confidence in the company’s future revenue estimates and market strategy, reinforcing the Buy recommendation.
In another report released on August 13, Lake Street also maintained a Buy rating on the stock with a $5.00 price target.