On August 22, Ondas Holdings Inc. rose 5.01% in regular trading, trading at $8.815/share with turnover of $454 million, recovering from the 8.06% decline seen on August 20 following its Q2 earnings release.

The rebound comes as the market re-evaluates the company's earnings report, which showed Q2 revenue of $83.8 million — significantly beating the $68 million analyst estimate — and full-year revenue guidance raised to $525-$550 million from a prior $390 million floor. The company also reported pro forma backlog of $757 million and cash equivalents of $1.4 billion. While Q2 EPS of -$0.19 missed estimates, the strong top-line growth and raised outlook continue to attract attention.

Additional support comes from the Trump administration's imposition of tariffs up to 100% on imported drones, benefiting domestic producers including Ondas. Analysts maintain a consensus buy rating with a mean price target of $19.28, while Oppenheimer recently raised its target to $18 from $16 with an Outperform rating.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)