Ondas Inc. (NASDAQ:ONDS) shares slid on Thursday after a fresh resale registration filing signaled potential added supply from selling stockholders.

Resale Registration Filing Impact

The company is registering up to 1,928,532 shares of common stock for potential resale by certain stockholders.

These shares were originally issued in connection with a prior purchase agreement and relied on exemptions under Regulation S and Regulation D of the Securities Act.

The shares stem from the acquisition of Sentry CS Ltd, completed on November 17, 2025, for a mix of cash and stock, with additional payments and share issuances made through March 26, 2026.

Sentry Transaction Details

Ondas entered a Share Purchase Agreement on November 3, 2025 and acquired 100% of Sentry on the November 17, 2025 closing date. The company paid $117,500,000 in cash and issuing 4,096,700 shares.

It then made additional cash-and-stock payments on January 8, 2026 ($2.5 million plus 1,671,899 shares), January 22, 2026 ($2.5 million plus 1,622,607 shares), and March 26, 2026 ($2.5 million plus the 1,928,532 shares now being registered for resale).

Earnings Snapshot

Recently, the company delivered record quarterly results, sharply boosting its 2026 outlook and winning an analyst price-target hike on the back of an aggressive M&A-fueled expansion in defense and autonomous systems.​

For the fourth quarter, Ondas reported revenue of $30.1 million, ahead of the $27.6 million analyst estimate, while sales surged 198% sequentially and 629% year over year.

The company reported losses of 36 cents per share, missing the analyst consensus loss of five cents.

As of December 31, 2025, cash, cash equivalents, and restricted cash stood at $594.4 million.

Ondas sees first quarter sales of $38 million-$40 million versus the Street view of $28.4 million, representing growth of around 640% and 820% year-over-year.

Separately, Ondas announced a deal to acquire World View Enterprises, a move management said will extend its system into stratospheric sensing and strengthen its defense-customer reach.

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $13.81. Recent analyst moves include:

  • Needham: Buy (Maintains Target to $23.00) (Mar. 25)

Needham analyst pointed to Ondas as one of the best-positioned pure plays on a multi-year unmanned systems “supercycle.”

Technical Analysis

Ondas is trading 3.4% below its 20-day SMA and 4.4% above its 100-day SMA, a setup that often reads as a short-term cooldown inside a still-constructive intermediate trend. Shares are up 1085.21% over the past 12 months, and at $10.00 they sit closer to the 52-week high ($15.28) than the 52-week low (66 cents).

RSI is at 48.00, which is neutral and suggests neither stretched selling pressure nor an overheated bounce. MACD is bullish with the MACD line at 0.0483 above the signal line at 0.0120, keeping a positive bias even as price chops below shorter moving averages.

RSI in the 30–50 range with bullish MACD indicates momentum leaning bullish.

  • Key Resistance: $12.00
  • Key Support: $9.00

Top ETF Exposure

  • State Street SPDR S&P Kensho New Economies Composite ETF (NYSE:KOMP): 0.81% Weight
  • ROBO Global Robotics and Automation Index ETF (NYSE:ROBO): 1.98% Weight
  • Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF): 3.95% Weight

Significance: Because ONDS carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

ONDS Stock Price Activity: Ondas shares were down 3.01% at $10.00 at the time of publication on Thursday, according to Benzinga Pro data.

Photo by T. Schneider via Shutterstock