Ondas Holdings Inc.

Ondas Holdings fell about 7% while Unusual Machines, Red Cat Holdings and Kratos Defense also dropped 5–8% as the drone trade unwound, suggesting positioning drove the move rather than stock-specific news. Rising 30-year Treasury yields and high valuation multiples increased pressure on the group, and China’s call to reverse Section 232 drone tariffs provided background but did not trigger the synchronous decline. Traders are advised to treat overlapping exposure to these names as a single thematic position until correlations break. » More on finance.yahoo.com

Ondas announced the acquisition of Aran Defense for about $33 million, payable in cash or Ondas common stock, sparking dilution fears and weighing on the stock in premarket trading. The deal is expected to close in the third quarter of 2026 and values Aran Defense at 1.3 times projected 2026 revenue. The stock is already battling volatility after record revenue but wider adjusted loss per share, the full sale of Millennium Management’s stake and heavy short‑selling interest. Although Ladenburg Thalmann raised its price target, a risk‑averse market environment and sector rotation are exerting short‑term pressure on the share price. » More on de.investing.com

Ondas posted record revenue of $83.8 million in Q2 2026, beating consensus expectations, but missed estimates with an adjusted loss of $0.19 per share. Adjusted EBITDA remained negative with a $51 million loss, and the stock fell about 7% after the results were released. The company raised its full-year guidance to $525–550 million, reports a pro-forma backlog of $757 million and roughly $1.4 billion in cash, but continues to warn of high investment levels and execution risks. Management sees strong demand particularly in counter‑drone and defense‑adjacent areas and expects to reach profitability targets earlier than previously projected. » More on de.investing.com