Ondas (ONDS) Stock Surges to Five-Year High on Defense Contracts and Investor Events
Ondas Holdings Inc. (ONDS) soared 15.02% to $14.01 on Thursday, marking its highest close in nearly five years. The stock reached an intraday record of $15.07 as investors positioned for upcoming catalysts, including CEO Eric Brock's appearance at the Needham Growth Conference and a dedicated Investor Day.
The rally extends a 281% gain for 2025, the company's strongest performance since its 2020 IPO. Key drivers include a defense contract with Israel's Ministry of Defense for border security drones and planned corporate updates about the rebranding to Ondas Inc. and headquarters relocation to Florida.
While institutional interest grows, insider selling persists—director RON Stern unloaded 300,000 shares this week as part of a $4 million divestment since November. The dual narrative of strategic growth and profit-taking creates dynamic trading conditions ahead of next week's investor events.
