Ondas Holdings Inc. (ONDS) experienced a significant pre-market surge of 5.06% on Wednesday, indicating strong investor interest ahead of the trading session.
The movement follows the company's recent fourth-quarter financial results, which showed revenue soaring 634% to $30.1 million. Furthermore, Ondas Holdings raised its full-year 2026 revenue target to at least $375 million, a substantial increase from its previous outlook of $170 million to $180 million. The company also provided an optimistic first-quarter 2026 revenue target of $38 million to $40 million, representing approximately 820% year-over-year growth.
Additional factors contributing to investor optimism include a strategic partnership with Palantir to integrate its AI platform into Ondas' autonomous drone systems, announced in early March. The company also reported receiving multiple orders totaling approximately $6 million for counter-drone systems from defense and homeland security customers, with increased demand for military gear amid ongoing geopolitical tensions.