MetaCap

Ondas (ONDS) vs Viavi Solutions (VIAV)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Viavi Solutions (VIAV) has outperformed Ondas (ONDS) over the past year, gaining 265.8% versus a loss of 35.2%. Over five years, VIAV leads with a +198.5% price change compared with -22.1% for ONDS. Viavi Solutions is the larger company by market cap ($10.77 billion vs $4.00 billion), about 2.7 times the size, while Ondas is growing revenue faster (+605.3% vs +40.0%).

Viavi Solutions converts more of its revenue into profit, with a net margin of -2.0% versus -260.7%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ONDS-35.17%VIAV+265.77%
+357%+142%-72%
Oct 7, 20251 yearOct 7, 2026
ONDS-27.37%VIAV+202.81%
+280%+83%-114%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ONDS versus VIAV key metrics
MetricONDSVIAV
Share price$6.87$43.78
Market cap$4.00B$10.77B
1-day change-4.52%-5.39%
YTD return-26.33%+159.65%
1-year return-35.17%+265.77%
5-year return-22.10%+198.52%
Forward P/E—22.44
EPS (TTM)$-0.06$-0.13
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$50.73M$1.52B
Revenue growth (YoY)+605.28%+40.03%
Net income (latest FY)$-132.24M$-30.40M
Gross margin39.73%57.66%
Operating margin-115.09%6.92%
Net margin-260.66%-2.00%
52-week high$15.28$60.43
52-week low$4.95$12.23
Distance from 52-week high-55.07%-27.56%
Analyst consensusstrong_buynone
Avg. price target upside+175.02%+40.33%
Average volume79.30M5.02M
Shares outstanding582.30M245.92M
Employees4594,100
SectorTechnologyTechnology
IndustryRadio And Television Broadcasting And Communications EquipmentSemiconductors

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Viavi Solutions is about 2.7 times larger than Ondas by market value ($10.77B vs $4.00B).
  • VIAV has outperformed ONDS by 300.9 percentage points over the past year.
  • Viavi Solutions is more profitable, keeping -2.0 cents of every revenue dollar as net income versus -260.7 cents for Ondas.
  • Ondas grew revenue faster in its latest fiscal year (+605.28% vs +40.03%).

About Ondas

ONDS stock →

Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally.

Technology · Radio And Television Broadcasting And Communications Equipment · 459 employees

About Viavi Solutions

VIAV stock →

Viavi Solutions Inc. engages in the provision of test and measurement and optical technologies for military, aerospace, railway and first responder communications in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

Technology · Semiconductors · 4,100 employees

ONDS vs VIAV FAQ

Which is bigger, Ondas or Viavi Solutions?

Viavi Solutions (VIAV) is larger, with a market capitalization of $10.77B compared with $4.00B for Ondas (ONDS).

Which stock has performed better over the past year, ONDS or VIAV?

VIAV returned +265.77% over the past 12 months, compared with -35.17% for ONDS (price return, excluding dividends). Past performance does not predict future results.

Are Ondas and Viavi Solutions in the same industry?

Both are in the Technology sector, but in different industries: Radio And Television Broadcasting And Communications Equipment for Ondas and Semiconductors for Viavi Solutions.

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