Northland Securities Reiterates Outperform Rating on Ondas Inc. (ONDS)

Ondas Inc. (NASDAQ:ONDS) is among the 10 best meme stocks to buy now. On February 9, Northland Securities analyst Michael Latimore reiterated an Outperform rating on the stock, with a $16 price target.

This is a reaffirmation of the firm’s previous adjustment on January 20, when it lifted the price target to $16 from $10, following an analyst event in which the company raised its revenue target for FY2026 to a range of $170 million to $180 million, up from a prior target of $140 million.

As of the close of business on February 12, Ondas Inc. (NASDAQ:ONDS) is a Strong Buy, with a one-year average share price target of $17.50, representing an upside potential of 95.09%.

In other news, on February 9, the company announced that its 4M Defense subsidiary had secured a multi-year demining program along Israel’s border with Syria. The tender was valued at over $30 million, according to the press release, and is being dubbed as the most significant ground-clearance project in the country’s history.

Earlier in the month, Ondas Inc. (NASDAQ:ONDS) further bolstered its position in the defense and security markets after reaching an agreement to acquire UK-based drone developer, Rotron Aero.

Ondas Holdings Inc. (NASDAQ:ONDS) provides private wireless solutions and autonomous aerial and ground-robot intelligence.

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Disclosure: None.