Ondas (ONDS) is described as facing dilution, its biggest bear case, while pursuing acquisitions and growing its defense business. The quoted post cites a $757 million pro forma backlog, a 2026 revenue target of $525–$550 million, and a Palantir (PLTR) partnership; the author is investigating the partnership and considering Ondas’s potential, without stating a price target or timeframe for that potential.