10:30 AM EST, 11/14/2025 (MT Newswires) -- Ondas ( ONDS ) is well positioned to "dominate" the lower-skies market through its first-mover advantage and open ecosystem, Oppenheimer said in a Friday note.

The brokerage said the company's Ondas Autonomous Systems division is seeing strong demand for its drone platforms and related technologies, with an all-time-high backlog of $22.2 million. It added that the addressable market for counter-unmanned aircraft systems is expected to expand sharply, rising to about $10.5 billion in 2027 from $2.4 billion in 2024.

Oppenheimer said recent acquisitions, including Apeiro Motion and planned deals for Sentrycs and other Israel-based robotics and sensors firms, should unlock unique AI and radio-frequency drone detection and control capabilities as they are integrated into Ondas' ( ONDS ) open platform.

The analysts expect major deals aimed at protecting critical infrastructure sites such as airports, seaports, stadiums and data centers to be announced in the near term, helping drive recurring revenue.

Management's raised 2025 revenue guidance and preliminary 2026 outlook reflect continued momentum and an aggressive M&A strategy, the note said.

Oppenheimer upgraded the company's stock rating to outperform from perform with a price target of $12.

Shares of Ondas ( ONDS ) were up 11.5% in recent trading.

Price: 7.32, Change: +0.76, Percent Change: +11.51