SWMR Stock Surges 46% After Jim Cramer Calls It a “Natural” Drone Bet

• Swarmer stock has been volatile since its March 2026 initial public offering.
• The company reported widening net losses and a decline in revenue in its first-quarter 2026 results. 
• It recently secured U.S. defense contracts, including a $2.86 million award in May to equip SkyKnight drones with its swarming platform.

Shares of Swarmer, Inc. (SWMR) skyrocketed Tuesday, climbing as much as 46% in intraday trading after CNBC’s Jim Cramer spotlighted the small-cap drone software company as a promising bet in the rapidly expanding military drone sector.

The stock is now on track to clock one of its best days since going public in March, if gains hold.

The stock opened around $56 on Tuesday and quickly accelerated on heavy volume, trading near $83 at one point before settling with gains of approximately 40% at the time of writing. 

Swarmer A Natural, Says Cramer

Cramer featured Swarmer during a recent episode of “Mad Money,” naming it alongside Red Cat Holdings and AEVEX Aerospace as three “bets” in the drone space. 

“I’m giving you three bets, okay? We’ve covered them: Swarmer, Red Cat, and AEVEX. Swarmer is a natural. It’s the first Ukrainian defense tech startup,” the host said while discussing opportunities tied to rising U.S. defense spending and potential federal support for domestic drone technology.

Swarmer stock has been volatile since its March 2026 initial public offering. The company develops AI-powered autonomous drone-swarm software, has combat-validated technology used in Ukraine, and recently secured U.S. defense contracts, including a $2.86 million award in May to equip SkyKnight drones with its swarming platform.

The stock has further been aided over the past months by the Trump administration’s push to bolster American manufacturing and funding in the drone system sector, currently trading at $70-$80 levels from its opening price of $12.50 on the first day of trading on Nasdaq.

However, the company reported widening net losses in its first-quarter 2026 results. Net loss for the quarter was $4.5 million, compared to a loss of $0.7 million in the corresponding quarter of 2025, owing to higher operating expenses. The company also reported a dip in revenue owing to a wind-down of service-related deferred revenue associated with its largest customer in Ukraine.

How Did SWMR Retail Traders React?

On Stocktwits, retail sentiment around Swarmer jumped from bullish to extremely bullish territory over the past 24 hours, while message volume rose from high to extremely high levels.

A Stocktwits user dismissed the rally on Tuesday as based on hype.

Another user expressed skepticism about whether the gains would hold.

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