What are the most similar competitors?

Screening Filters

1. Market Cap: $1B – $10B

   • Purpose: Find companies of roughly comparable size to Ondas (ONDS).
   • Rationale: Your data shows ONDS at a market cap of about $4.5B, which puts it squarely in the mid-cap range. Limiting the screen to $1–10B focuses on peers that:
     • Compete for similar-sized contracts and customers,
     • Have similar access to capital and growth options,
     • Trade with comparable institutional interest and liquidity.
       Much larger primes (Lockheed, RTX, etc.) or tiny microcaps would behave very differently from ONDS in terms of risk, growth, and valuation.

2. Beta: HighRisk

   • Purpose: Capture stocks with volatility characteristics similar to ONDS.
   • Rationale: ONDS is behaving like a high‑beta, high‑risk name:
     • ~719% price increase over 12 months (per news),
     • Meme‑stock attention and heavy retail interest,
     • Rising short interest (~27% of float).
       Selecting HighRisk beta focuses on similarly volatile names—companies whose prices move more than the overall market and tend to have sharp swings, like ONDS.

3. 1-Year Price Change %: min 100%

   • Purpose: Find stocks with similarly explosive recent performance.
   • Rationale: ONDS has already multiplied in price over the past year. Looking for stocks up 100%+ over 12 months:
     • Aligns with ONDS’s current “re‑rating” and momentum profile,
     • Surfaces peers that are not just in the same business, but also at a similar hype / momentum / rerating phase,
     • Helps separate mature, slower‑moving defense names from those currently experiencing a similar growth narrative and speculative interest.

4. Industry: Aerospace & Defense

   • Purpose: Restrict results to ONDS’s core competitive universe.
   • Rationale: ONDS is effectively positioned in defense / counter‑drone / unmanned systems, which maps into Aerospace & Defense. Using this industry filter:
     • Focuses on companies competing for similar defense budgets, drone, counter‑UAS, and military technology contracts,
     • Avoids unrelated high‑growth sectors (e.g., biotech or software) that might look similar in volatility but are not true competitors.

5. Quarter Revenue YoY Growth: min 20%

   • Purpose: Match ONDS with other high‑growth defense names.
   • Rationale: Recent data and analyst commentary around ONDS highlight:
     • Strong revenue growth expectations (e.g., 2026 revenue guidance raised to $180M, bullish analyst targets),
     • A transition from “developmental tech” to scaling defense contractor.
       Requiring ≥20% YoY quarterly revenue growth filters for:
     • Companies in a similar growth phase—rapid scaling, not stagnant,
     • Firms that, like ONDS, are winning new contracts and ramping deployments, not just trading on hype.

Why Results Match

• The industry filter ensures you see operational competitors—other aerospace & defense names, especially those active in similar drone, counter‑drone, or advanced defense tech niches.
• The market cap and growth filters (revenue growth + 1‑year price change) narrow that universe to companies at a similar size, growth trajectory, and rerating phase as ONDS.
• The high‑beta filter aligns the risk and volatility profile, surfacing peers that trade and move like ONDS (meme‑like interest, big swings), rather than slow, stable defense incumbents.

Together, these filters target “most similar competitors” not only by business domain (Aerospace & Defense), but also by size, growth, momentum, and risk profile, which is exactly what you want for a realistic ONDS peer set.