Ondas Inc. (NASDAQ:ONDS) shares are trading higher on Monday. The company secured a $6.9 million order from the Australian Department of Defence for its DTIM Single Operator Counter-sUAS Kits.

This order reflects a growing demand for Ondas’ counter-UAS technologies, which are now integrated into its defense division, Ondas Sentinel, following the acquisition of DZYNE Technologies.

The formation of Ondas Sentinel, a new division, will integrate these technologies to support larger defense programs, reflecting a strategic alignment with current defense modernization priorities.

Wins Australian Defence Counter-Drone Order

The order includes advanced DTIM Kits that provide integrated Detect, Track, Identify, and Mitigxte capabilities, underscoring the increasing global priority around counter-UAS readiness.

With production capacity already scaled, Ondas Sentinel is set to begin delivery of these systems, aligning with Australia’s evolving defense needs.

ONDS Technical Analysis: Trend, Moving Averages And Momentum

Currently, Ondas Inc. is trading about 11.3% below its 20-day simple moving average (SMA) of $7.55. The stock has seen a significant increase of 196.89% over the past year, but it remains under pressure as the 50-day SMA sits at $9.16, indicating a bearish trend with the 20-day SMA below the 50-day SMA.

Momentum indicators reveal that the moving average convergence divergence (MACD) is below its signal line, suggesting that upside pressure is cooling unless it can reclaim that baseline. This indicates fading momentum compared to the prior upswing, which traders should monitor closely.

What Ondas (ONDS) Does: Networks And Autonomous Systems

Ondas Inc. designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology across various regions, including the United States, Israel, and India. The company operates in two main segments: Ondas Networks and Ondas Autonomous Systems, with the latter generating the majority of its revenue through the sales of the Optimus system and related services.

The recent contract with the Australian Department of Defence highlights Ondas’ strategic positioning in the defense sector, particularly in counter-UAS technologies. This aligns with the company’s goal to expand its international partnerships and enhance its offerings in response to evolving security challenges.

ONDS Earnings Date And Analyst Forecasts

Ondas is slated to provide its next financial update on August 11, 2026 (estimated).

• EPS Estimate: Loss of 6 cents (Up from Loss of 8 cents YoY)
• Revenue Estimate: $65.80 million (Up from $6.27 million YoY)

Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $18.33. Recent analyst moves include:

• Needham: Buy (Lowers Target to $19.00) (July 7)
• Northland Capital Markets: Outperform (Raises Target to $18.00) (March 26)

How Ondas (ONDS) Ranks On Momentum And Value

Below is the Benzinga Edge scorecard for Ondas, highlighting its strengths and weaknesses compared to the broader market:

• Momentum: Bullish (Score: 89.96) — Stock is outperforming the broader market.
• Value: Weak (Score: 16.22) — Trading at a steep premium relative to peers.

The Verdict: Ondas’s Benzinga Edge signal reveals a momentum-driven story, indicating strong performance in the current market environment, but a weak value score suggests it may be trading at a premium compared to its peers.

ONDS ETF Exposure: Funds With Heavy Positions

• Defiance Drone and Modern Warfare ETF (NYSE:JEDI): 8.23% Weight
• REX Drone ETF (NASDAQ:DRNZ): 11.67% Weight
• Leverage Shares 2X Long ONDS Daily ETF (NASDAQ:ONDG): 0.07% Weight

Significance: Because ONDS carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

ONDS Stock Price Action After Defence Contract News

ONDS Stock Price Activity: Ondas shares were up 5.52% at $6.88 at the time of publication on Monday, according to Benzinga Pro data.

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