The analyst expresses a long-term bullish conviction on ONDS despite a 40% price drop, citing strong revenue growth, fresh orders, and positive analyst targets.
Q1 revenue up over 1,080% YoY, $30M+ in fresh orders in May, Lockheed Martin counter-drone tie-up, strong buy consensus with targets near $18-19; pullback due to dilution and insider selling, not business fundamentals.
$ONDS at $7.45 is where long-term conviction gets tested 🚁 Down over 40% from the $15.28 high, but nothing about the thesis has changed — Q1 revenue up over 1,080% YoY to $50.1M, $30M+ in fresh orders in May, a Lockheed Martin counter-drone tie-up through Sentrycs, and a Strong Buy consensus with analyst targets near $18-19. The pullback is dilution and insider-selling noise, not a broken business, and that’s exactly the kind of gap between price action and fundamentals that long-term holders look to lean into. Not financial advice.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.0% | +0.0% |
| 1 week | -7.2% | -7.6% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |