Is It Too Late to Buy Ondas Stock?

Ondas, a military drone company, has surged 110% over the past year as demand for military drones accelerates due to ongoing conflicts. Despite a $4.3 billion market cap, the company has secured major contracts from the U.S. military and Israel, competing effectively against larger defense contractors. With projected revenue growth exceeding tenfold in 2026 and a forward P/S ratio of 8, analysts suggest the stock has significant upside potential despite its current valuation.