Ondas shares down 57% from highs despite Army contract

Ondas received a $6.9 million contract to supply its Detect, Track, Identify, and Mitigate Single-Operator Counter-sUAS kits to the Australian Army.

ONDS stock is down 57% from its 2026 highs.

Retail investors label ONDS a 'Strong Buy'.

Wall Street consensus also agrees on a 'Strong Buy' rating.