Is Ondas Holdings (ONDS) One of the Hot Tech Stocks to Buy According to Wall Street Analysts?

Ondas Holdings Inc. (NASDAQ:ONDS) is one of the hot tech stocks to buy according to Wall Street analysts. On October 20, Lake Street analyst Max Michaelis maintained a Buy rating on Ondas Holdings with a price target of $8.00.

Earlier on October 6, H.C. Wainwright analyst Amit Dayal initiated coverage of Ondas Holdings with a Buy rating and $12 price target.

Dayal informed investors that the company provides autonomous aerial and ground security solutions primarily for the infrastructure and defense sectors. H.C. Wainwright noted that Ondas Holdings’ portfolio of offerings has grown, which positions it to capture a larger share of the expanding drone and robotics security market.

Ondas Holdings Inc. (NASDAQ:ONDS) provides private wireless, drone, and automated data solutions in the US and internationally. It has two segments: Ondas Networks and Ondas Autonomous Systems.

While we acknowledge the potential of ONDS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.