Stock Market Today, May 14: Ondas Surges After Record Quarterly Revenue Beats Estimates
2026-05-14 18:45:54 ET
Ondas (NASDAQ:ONDS) , which provides private wireless, drone, and automated data solutions, closed Thursday at $11.21, up 26.52%. The stock is jumping after a beat-and-raise Q1 report and a higher full-year revenue outlook. Investors are watching for defense demand, backlog conversion, and profitability trends next. Trading volume reached 239.4 million shares, about 222% above its three-month average of 74.3 million shares. Ondas IPO'd in 2020 and has grown 82% since going public.
The S&P 500 added 0.78% to finish Thursday at 7,502, while the Nasdaq Composite gained 0.88% to close at 26,635. Within the drone space, industry peer AeroVironment closed at $165.27 (+2.66%) as investors weighed demand across drone-related stocks.
Ondas grew sales 11-fold to $50 million, well above Wall Street’s consensus of $40 million. The company also raised its full-year revenue guidance to at least $390 million, surpassing expectations of $379 million. Best yet for investors, the company continued to scale beautifully, with gross margins reaching 45% -- up from 35% in Q1 last year and 42% in the prior quarter.
NASDAQ: ONDS
ONDS Trading
26.39% G/L:
$11.28 Last:
149,930,829 Volume:
$9.99 Open:
