XTIA Stock Jumps Into the Long Weekend as XTI Aerospace’s Drone Bet Gets a Fresh Look
XTI Aerospace shares rose 8.1% to $1.86 in Friday afternoon trading, giving the thinly traded Nasdaq stock a lift before the U.S. Memorial Day break. The stock traded between $1.74 and $1.91 on the day, with a market value near $71.6 million and a 52-week range of $1.22 to $7.43. The move matters because XTIA is still being judged less like a mature aerospace name and more like a small-cap restructuring story with a drone revenue base. The company’s first-quarter release showed revenue of $27.7 million, gross profit of $5.1 million and a gross margin of 18.6%, while management kept a 2026 revenue target of at least $160 million and said it aimed for breakeven cash flow in the third