Ondas jumps after lifting annual revenue forecast

Ondas

13/11/2025 16:13

** Shares of wireless tech firm Ondas Holdings ONDS.O jump 18.5% to $6.53

** ONDS raises FY 2025 revenue forecast to at least $36 mln, up from prior forecast of at least $25 mln; analysts on average expect $27.1 mln, according to data compiled by LSEG

** Co expects preliminary revenue of $110 mln for 2026, above estimates of $78.6 mln

** ONDS reports Q3 revenue of $10.1 mln, topping analysts' estimate of $7.0 mln

** Up to last close, stock had more than doubled this year

 (Reporting by Arnav Mishra in Bengaluru)

 ((Arnav.Mishra@thomsonreuters.com;))