Citizens initiated $ONDS at Market Outperform with a $14 price target calling it a “dynamic player in autonomous systems category” across aerial security, precision strike, ISR & autonomous ground systems.
What stands out to me is C-UAS where Sentrycs can soft kill cheaper threats through RF takeover while Iron Drone Raider handles harder targets giving Ondas a layered stack that can push cost curve back toward the defender.
The question now is whether Ondas can build fast enough to deliver it with Rotron orders already above full year expectations and backlog jumping to $613M.
顯示更多