Stifel Raises PT on Ondas (ONDS) Stock

Ondas Inc. (NASDAQ:ONDS) is one of the High-Flying Stocks to Buy Right Now. On January 20, Stifel analyst Jonathan Siegmann lifted the price target on the company’s stock to $18 from $17, while keeping a “Buy” rating, as reported by The Fly. This comes after the virtual investor day. As per the firm’s analyst, despite Ondas Inc. (NASDAQ:ONDS) being in the early stages of executing its business model, the targets exceeded the firm’s estimates. Also, Stifel noted the company’s differentiated approach to the military drone space, added Siegmann.

As per the firm, Ondas Inc. (NASDAQ:ONDS) continues to make strong progress by garnering capital, acquiring promising technologies, joining hands with leading contract manufacturers, etc.

In a separate release, Northland analyst Michael Latimore lifted its price objective on Ondas Inc. (NASDAQ:ONDS)’s stock to $16 from $10, while maintaining an “Outperform” rating, as reported by The Fly. This comes after the management guided for a $170 million – $180 million range in FY 2026 revenue.

Ondas Inc. (NASDAQ:ONDS) offers private wireless, drone, and automated data solutions.

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.