With macroeconomic optimism driving equities, the onds stock price closed at $42.94 yesterday. Forecast models indicate a potential 5% upward move if upcoming economic data confirms growth trends in manufacturing output. The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$422m. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of US$8.5, the company appears a touch undervalued at a 20% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. In the autonomous drone sector, the implications are equally significant. Ondas Autonomous Systems competes with a diverse array of drone manufacturers and service providers, ranging from established aerospace giants to nimble startups. Companies like AeroVironment ( NASDAQ: AVAV ), Kratos Defense & Security Solutions ( NASDAQ: KTOS ) with its unmanned systems, or specialized industrial drone service providers could find themselves in a more competitive landscape. If Ondas's surge is linked to a major contract for its Optimus or Scout systems, it could imply that their fully autonomous, AI-powered drone solutions are gaining significant traction, potentially at the expense of less integrated or less autonomous offerings. Partners of Ondas Holdings, particularly those involved in component supply, software integration, or distribution channels for their network and drone solutions, could also stand to benefit from increased demand and market visibility for Ondas's products. A spike in trading volume lifted the onds stock price to $43.35 in afternoon trading. Technical traders observe a golden cross formation between the 50-day and 200-day moving averages.