Shares of Ondas Holdings Inc. (ONDS) are skyrocketing 27.59% in pre-market trading on Thursday, following the company's impressive third-quarter earnings report and upbeat future guidance. The wireless technology firm has significantly outperformed analyst expectations, sparking renewed investor interest.
Ondas reported record quarterly revenue of $10.1 million for Q3 2025, representing a staggering sixfold increase year-over-year and beating the analyst consensus of $7 million. The company's net loss narrowed to $0.03 per diluted share, surpassing the expected loss of $0.05 per share. This strong performance is primarily attributed to robust demand for Ondas' unmanned platforms, including the Iron Drone Raider and Optimus System.
Adding to the positive sentiment, Ondas has raised its 2025 revenue target to at least $36 million, up from the previous forecast of $25 million. The company also set an ambitious preliminary revenue target of at least $110 million for 2026, significantly higher than analysts' expectations of $78.6 million. These upward revisions in guidance, coupled with strategic acquisitions such as Sentrycs and Apeiro Motion, have bolstered investor confidence in Ondas' growth trajectory. The market's enthusiastic response to these developments is reflected in the stock's substantial pre-market surge.