Ondas Holdings Inc. (NASDAQ:ONDS) is among the The 10 Best Drone Stocks to Buy Right Now. On Nov. 26, Lake Street analyst Max Michaelis raised his price target on the stock to $10 from $9, while maintaining a Buy rating.
Lake Street’s update follows the company’s announcement a day earlier that it was acquiring Roboteam in an $80 million deal. The analyst anticipates that Ondas Holdings Inc. (NASDAQ:ONDS) will continue its investments over the next year, with more such deals potentially in the offing.
The move is expected to reinforce Ondas Holdings Inc.’s (NASDAQ:ONDS) position as a leader in autonomy across all domains by combining its autonomous aerial systems with Roboteam’s expertise in ground robotics.
For context, the Israeli company’s products and services are used by around 30 militaries, which is expected to benefit Ondas through continued sales opportunities and the potential to be considered for future defense programs.
Additionally, Ondas Holdings Inc. (NASDAQ:ONDS) projects to generate between $3 million and $4 million in revenue from Roboteam during the fourth quarter of fiscal 2025, and the figure is projected to be around $30 million in 2026. As a result, Lake Street believes the company is well positioned to achieve its goal of $110 million in revenue in 2026.
Based on ratings and price targets from 7 Wall Street analysts, the stock has a consensus Buy rating with a one-year average share price target of $11, representing an upside potential of 33.50% from Wednesday’s close.
Ondas Holdings Inc. (NASDAQ:ONDS) offers private wireless solutions and autonomous aerial and ground robotic intelligence. The stock has soared in 2025, returning 222% year-to-date as of the Nov. 26 close.
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