On August 13, Ondas Holdings Inc. rose 5.02% overnight, trading at $10.27/share, with turnover of $3.168 million. The stock gained momentum ahead of its quarterly earnings release scheduled for pre-market, supported by multiple recent positive catalysts.

Roth Capital initiated coverage on Ondas Holdings with a Buy rating on August 11, with analysts polled assigning a mean price target of $19.06. Additionally, on August 10, the company completed its previously announced $125 million acquisition of Cyberhawk, a provider of drone inspection services, visual data management, and AI-powered asset intelligence systems for critical infrastructure operators.

The positive sentiment is further underpinned by strong order momentum, including a $50 million-plus US Army order for tactical lethal unmanned systems received on August 6, bringing total awards under the multi-year $982 million IDIQ contract to over $240 million. Market consensus expects quarterly revenue of $67.97 million, representing year-over-year growth of 1,211%, reflecting aggressive order conversion and M&A-driven scale expansion across its defense and autonomous technology platforms.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)