Ondas Stock Gains On Multi-Year Israel Land Clearance Project
View original at finance.yahoo.comOndas Stock Gains On Multi-Year Israel Land Clearance Project Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below…
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The project aims to clear approximately 740 acres along the Israel-Syria border using advanced autonomous robotic systems and aerial drones
60% confidenceFor 2025, the company expects revenue of $49.7 million-$50.7 million, net loss of $52.8 million-$53.3 million, and adjusted EBITDA loss of $32.4 million-$32.9 million
60% confidenceLake Street maintains Buy rating and raises price target to $19.00
60% confidenceStifel maintains Buy rating and raises price target to $18.00
60% confidenceNeedham maintains Buy rating with price target of $17.00
60% confidenceThe initial order marks the first phase of a multi-year demining program with potential for an additional $30 million in follow-on phases, effectively doubling the program's total value
60% confidenceThe program is expected to be implemented over a period of up to three years, with options for extensions as the project progresses
60% confidenceFourth quarter preliminary revenue of $29.1 million-$30.1 million, net loss of $20.4 million-$20.9 million, and adjusted EBITDA loss of $10.9 million-$11.4 million
60% confidence