Stocktoria
Ondas Inc. ONDS
Ondas Inc. (ONDS) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $50.7M at a -260.7% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: 1.77 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-19 | Needham | Buy (reit) |
| 2026-03-26 | Northland Capital Markets | Outperform (main) |
| 2026-03-25 | Needham | Buy (reit) |
| 2026-03-24 | Needham | Buy (main) |
| 2026-03-10 | Needham | Buy (reit) |
| 2026-01-21 | Stifel | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.48 |
| Retained earnings / assets | -0.325 |
| EBIT / assets | -0.052 |
| Equity / liabilities | 0.668 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ONDS | Ondas Inc. | 4/9 | 2.45 | — | — |
| AIRG | AIRGAIN INC | 4/9 | -4.4 | — | -14.6% |
| SATL | Satellogic Inc. | 2/9 | -5.38 | — | +37.6% |
| BKTI | BK Technologies Corp | 6/9 | 7.87 | 23.5 | +12.5% |
| KUST | KUSTOM ENTERTAINMENT, INC. | 4/9 | — | — | +1.7% |
| UMAC | Unusual Machines, Inc. | 3/9 | — | — | — |
| CRVW | CareView Communications Inc | 5/9 | — | — | — |
About Ondas Inc.
Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally. It operates through the Ondas Networks and Ondas Autonomous Systems segments. The company offers Counter-UAS (CUAS) and site protection systems, including iron drone raider, a fully autonomous interceptor drone system for neutralizing small hostile drones; sentrycs CoRF, Cyber/RF-based CUAS platform for detection, identification, tracking, and mitigation of unauthorized drones; optimus system, fully autonomous drone platform for continuous security, surveillance, and mission-critical data collection; 4M defense, supporting missions related to demining and clearing land of unexploded ordnance; roboteam, UGVs and tactical ground robotics; apeiro motion, autonomy and mobility software for robotic platforms, enhancing navigation and operational effectiveness; and loitering munition systems, is a one way drone for a variety of missions including ISR defense and strike. It also offers FullMAX Software-Defined Radio Platform, a patented SDR platform for secure, private, wide-area broadband networks, enabling mission-critical communications; software and hardware maintenance agreements, extended software and hardware maintenance contracts, including ongoing support, security upgrades, and feature enhancements; licensing/royalties, licensing of FullMAX software and technology for integration into partner hardware and software platforms; and ancillary services, wireless network design, systems engineering, radio frequency planning, software configuration, product training, installation, onsite support, and engineering/product development. It serves rail, electric utilities, oil and gas, public safety, government, and other industrial applications. The company was formerly known as Ondas Holdings Inc. and changed its name to Ondas Inc. in January 2026. Ondas Inc. was incorporated in 2014 and is headquartered in West Palm Beach, Florida.
FAQ
Is ONDS financially healthy?
Ondas Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does ONDS pay a dividend?
No, Ondas Inc. does not currently pay a dividend.
How profitable is ONDS?
In FY2025, Ondas Inc. had a net margin of -260.7% and a return on equity of -29.9%.
What is the analyst price target for ONDS?
The average Wall-Street price target for Ondas Inc. is $20.12, about 106.0% above the recent price, from 8 analysts (consensus: strong buy).
Is ONDS a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Ondas Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.