I would love to hear everyone's thoughts on Ondas. the analyst seem to love it as they have "strong buys" on it and have a price target of around $20, which is over double the current price. I understand that they have stock dilution problems and have been acquiring a bunch of companies and have yet to establish any synergies amongst them, but with the price of the company going down it is getting a lot more attractive. Would you buy and at what price?
Anyone thinking of getting into ONDAS $ONDS
byu/Expert_Statement_847 ininvesting
Posted by Expert_Statement_847
2 Comments
If the war continues and the economy tanks, it goes down bc investor sentiment suffers. If the war ends, the stock goes down bc people perceive it as a defense company.
A Palantir partnership followed by strong earnings and guidance last week.
It’s a solid scalping/day trade ticker in the defense sector, but has a hard time with resistance at $11. It’s hit an ATH at the $16 level, but that was during meme stock mania in ‘21. Price discovery above that point could get spicy. $8.74 is a solid price, but I wouldn’t expect it to break out of it’s consolidation for a while. I can’t see it above $13 by EOY.