Ondas Completes Acquisition of Cyberhawk Reports Strong Revenue Growth and Sets Its Sights on Its Next Acquisition Aran Defense

Ondas Completes Acquisition of Cyberhawk, Reports Strong Revenue Growth, and Sets Its Sights on Its Next Acquisition (Aran Defense)

$ONDS (+2,72%) reported a 67% increase in revenue compared to the previous quarter in its Q2 results and raised its forecast to $525–550 million for the fiscal year. Some analysts view this quite positively, even though the company missed its EPS target. For example, Ladenburg Thalmann has set a price target of >$20, while Oppenheimer has set a target of $18—both of which would represent a solid upside.

The acquisition of Cyberhawk is considered complete, and the acquisition of Aran Defense was announced, which is expected to be finalized in Q3.

Ondas also has approximately $1.4 billion in cash and reports a backlog of $757 million. The only downside is the missed EPS of -$0.19 compared to expectations of -$0.10.

I will therefore consider increasing my position here later today. Political tailwinds should also be strong at the moment, as seen in Germany following the recent incident in Leipzig.

Edit: Placed a stop-loss order at €7.55.

Jan@Barrd

1Mês

It sounds really good at first glance. Maybe I'll build up a small position!

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Keineui@Keineui

@Barrd Yeah, but still, be careful and wait it out. It’s like $PNG or something similar. It’s a bit hyped here in the community, but still far from profitable. Still, I’m hoping to see the value double within two years. Of course, with stocks like this, the value can quickly get diluted by a capital increase. But right now, they’re sitting on a healthy cash reserve and don’t need any fresh capital for the time being.

@Keineui Definitely! I'd start with a small position and see how it goes :) But at least we're heading in the right direction for now!