Key insights
- The stock ONDS has experienced a significant price drop, but analysts maintain strong buy ratings due to exceeding revenue expectations and securing new contracts, including with Palantir. Despite potential short-term volatility and dilution concerns, the company's long-term prospects are viewed positively by some investors.
Obviously it’s been dipping hard. Went from $13 down to $8 today. The onds sub is crying about it and everyone says it’s the end of the world but most anylysts are still maintaining a strong buy position. The company has far exceeded revenue expectations and has gotten some decent contracts including with palantir.
What’s your take? Buy and hold? I dumped another $500 in today to bring my average down, as far as Im concerned it’s gonna bleed for awhile but the company is going places and the stock price will go back up. But there’s the dilution factor too.
So im just curious what other people are doing atm. What are your thoughts on onds and its outlook for the next year or so?