Ondas: The Growth Vector Is Too Sweet To Look Past

Ondas Inc., which is on course to become a multi-domain autonomous platform company, has seen its market cap explode over the past year from less than a dollar to over $9. ONDS, which is set to report Q1 results on the 14th of May, is staring at exceptional revenue growth within the triple-digit percentage terrain, although operating losses could widen. Despite a premium valuation (11.6x forward P/S), ONDS's expected top line growth of over 260% over the next two years far outpaces peers, justifying its multiple and supporting continued upside.