Ondas (ONDS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- -$0.10
- Estimate
- -$0.07
- Surprise
- -48.1%
- Revenue (period 2026-06-30)
- $83.8M
- Score at report (before → after)
- 5.8 → 5.4/10
Revenue source: xbrl.
How the report landed
Ondas (ONDS) reported a wider loss than forecast — diluted EPS of -$0.10 against the -$0.07 estimate (a 48.1% shortfall). TrendMatrix's engine moved from Hold (5.8/10) to Sell at 5.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ONDS Sell at 5.5/10.
2 of the last 4 quarters beat the estimate; this quarter's -48.1% surprise compares with a -22.6% four-quarter average. Next scheduled report: 2026-11-12.
What supports the rating
- Positive insider activity
- Wide economic moat
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9)
- Sector modifier (Technology): -0.8
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $7.73
- Price target
- $16.89
- Stop
- $7.10
- Upside to target
- +118.5%
- Reward-to-risk
- 8.6:1
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
ONDS at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Communication Equipment
- Market cap
- $4.35B
- P/E (fwd)
- -380.5
- 52-week range
- $4.90–$15.28
- Off 52-week high
- 49.4%
- RSI (14)
- 32
- Volume vs avg
- 1.01×
- Score today
- 5.5/10