Ondas (ONDS) vs Zebra Technologies (ZBRA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Zebra Technologies (ZBRA) has outperformed Ondas (ONDS) over the past year, gaining 30.1% versus a loss of 35.2%. Over five years, ONDS leads with a -22.1% price change compared with -25.2% for ZBRA. Zebra Technologies is the larger company by market cap ($18.08 billion vs $3.99 billion), about 4.5 times the size, while Ondas is growing revenue faster (+605.3% vs +8.3%).
Zebra Technologies converts more of its revenue into profit, with a net margin of 7.8% versus -260.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ONDS | ZBRA |
|---|---|---|
| Share price | $6.85 | $382.14 |
| Market cap | $3.99B | $18.08B |
| 1-day change | -4.73% | -1.01% |
| YTD return | -26.33% | +58.99% |
| 1-year return | -35.17% | +30.14% |
| 5-year return | -22.10% | -25.16% |
| P/E ratio (TTM) | — | 35.03 |
| Forward P/E | — | 17.21 |
| EPS (TTM) | $-0.06 | $10.91 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $50.73M | $5.40B |
| Revenue growth (YoY) | +605.28% | +8.33% |
| Net income (latest FY) | $-132.24M | $419.00M |
| Gross margin | 39.73% | 48.05% |
| Operating margin | -115.09% | 12.97% |
| Net margin | -260.66% | 7.77% |
| 52-week high | $15.28 | $390.80 |
| 52-week low | $4.95 | $199.05 |
| Distance from 52-week high | -55.17% | -2.22% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +175.62% | +8.30% |
| Average volume | 79.30M | 668.13K |
| Shares outstanding | 582.30M | 47.31M |
| Employees | 459 | 10,700 |
| Sector | Technology | Industrials |
| Industry | Radio And Television Broadcasting And Communications Equipment | Industrial Machinery/Components |
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
- Zebra Technologies is about 4.5 times larger than Ondas by market value ($18.08B vs $3.99B).
- ZBRA has outperformed ONDS by 65.3 percentage points over the past year.
- Zebra Technologies is more profitable, keeping 7.8 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 +8.33%).
- The two companies sit in different sectors: Ondas in Technology and Zebra Technologies in Industrials.
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 Zebra Technologies
ZBRA stock →Zebra Technologies Corporation, together with its subsidiaries, operates in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Connected Frontline, and Asset Visibility and Automation.
Industrials · Industrial Machinery/Components · 10,700 employees
ONDS vs ZBRA FAQ
Which is bigger, Ondas or Zebra Technologies?
Zebra Technologies (ZBRA) is larger, with a market capitalization of $18.08B compared with $3.99B for Ondas (ONDS).
Which stock has performed better over the past year, ONDS or ZBRA?
ZBRA returned +30.14% 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 Zebra Technologies in the same industry?
No. Ondas is in the Technology sector, while Zebra Technologies is in Industrials.