Ondas Shares Jump 15% to Record Intraday High Ahead of Investor Presentations
The surge reflects expectations for guidance at next week’s Needham appearance followed by an Investor Day.
Overview
- Shares closed up 15.02% at $14.01 after touching an all-time intraday high of $15.07 on Thursday.
- CEO Eric Brock is set for a fireside chat at the Needham Growth Conference on January 14, with an Investor Day on January 16 to review 2025 results and outline 2026 priorities.
- Coverage reports that Israel’s Ministry of Defense selected an Ondas subsidiary for the “Drone Hives” border security program involving automated unmanned aircraft systems.
- SEC disclosures show Director Ron Stern sold 300,000 shares for about $4 million on Thursday, bringing his sales since November 26 to nearly 2.4 million shares, as the company registered 1,671,899 shares for resale by selling stockholders.
- Ondas plans to rebrand as Ondas Inc. in Q1 2026 and relocate its headquarters to West Palm Beach, while expanding in Israel through the Sentry CS acquisition process ($2.5 million paid Thursday with $5 million due) and a pursuit of control in 4M Defense.