ONDS Stock Extends Six-Week Slide – But Retail Traders Eye 'Rare Opportunity' At Seven-Month Low

• Ondas shares fell for six straight weeks to a seven-month low of $7.26. 
• Ondas expanded its defense footprint through the $875.8 million acquisition of DZYNE Technologies, boosting its 2026 revenue outlook.
• Retail traders on Stocktwits viewed the selloff as a buying opportunity. 

Ondas Holdings (ONDS) stock dropped overnight, enduring a sharp pullback that pushed the autonomous systems maker to levels not seen since late 2025, even as investors looked beyond the decline toward the company’s expanding defense operations and its push to establish a stronger position in the rapidly growing counter-drone market. 

Market Pressure And Dilution Concerns Drive ONDS Selloff

Ondas stock suffered six straight weeks of decline, pushing it to a seven-month low of $7.26 on Friday, driven largely by market pressures rather than weakness in its business. 

The decline began after Ondas carried out several major acquisitions. To finance its rapid expansion, the company increased the number of shares it could issue, raising investor concerns about potential dilution. 

Short sellers increased their bets against the stock, adding further strain. According to Koyfin data, short interest in the stock was high at 33%. A share resale filing related to the Omnisys acquisition also added pressure, as it allowed some investors to sell their shares, increasing the number of shares available in the market and weighing on the stock price. 

Ondas stock traded more than 1% lower overnight heading into Monday. 

Major Acquisition Changes Ondas’ Outlook

Ondas completed its $875.8 million purchase of DZYNE Technologies last week, adding a defense-focused aerospace business specializing in long-endurance autonomous aircraft and counter-unmanned systems. 

The deal increased Ondas’ scale and reshaped expectations around future revenue growth. The acquisition brought Ondas a business with existing operations and positive EBITDA, unlike many early-stage drone companies still working toward commercial scale. The deal included $200 million in cash and $675 million in equity.

Following the DZYNE transaction, Ondas raised its 2026 revenue expectations to at least $525 million, a 34% increase from its previous guidance. 

Ondas’ Sentrycs unit won contracts to help protect airspace during the 2026 World Cup using its counter-drone technology. The company is also working with Lockheed Martin (LMT) to add Sentrycs technology to a defense platform that detects and counters unmanned aircraft.

What ONDS Retail Traders Are Saying 

On Stocktwits, retail sentiment around the stock turned to ‘neutral’ from ‘bullish’ territory the previous day with a 39% rise in message volume over 24 hours. 

A user said, “opportunities like this rarely present themselves so clearly in the market. Accumulate.”

Another user said, “freed up 200K Friday to move into ONDS, sitting on 700 2028 contracts already.  I am super grateful for the bears driving this price down short term so I can grab some more.”

A third bullish user said, “We have a super-interesting week ahead. I like the time when the majority of investors are scared, and market makers start to come back. Let's see the next weekly candle.”

ONDS stock has cratered 25% year-to-date. 

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