24H | Plug Power Gains 9%; Archer Aviation, UiPath Soar 8% Each; Quantum Shares Rally With SEALSQ, QUBT up over 3%

TigerOct 6, 2025 2:06 AM

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Plug Power stock soared about 9% in overnight trading after the country's largest producer of clean hydrogen got a new highest price target on Wall Street.

H.C. Wainwright analysts raised their price target on Plug Power to $7 from $3 and kept a Buy rating on the shares on Friday, pointing to rising electricity prices.

Archer Aviation stock soared 8% in overnight trading. Archer designs and builds electric vertical takeoff and landing (eVTOL) aircraft. These battery-powered planes are designed for short trips of 20 miles, such as airport transfers or commutes from downtown to the suburbs.

Its flagship aircraft, Midnight, can carry four passengers plus a pilot. Archer plans to operate an air taxi network in partnership with airlines, rideshare platforms, and governments. Unlike a traditional aerospace business that primarily sells planes, Archer aims to generate recurring revenue by running the service itself.

UiPath stock popped 8% after the company laid out a series of new collaborations with Nvidia, Alphabet, Snowflake, and OpenAI. For a business that has been slogging through a multiyear turnaround, this was great news, as it shows a company ready to play a central role in how enterprises actually use artificial intelligence (AI).

Quantum shares rallied in overnight trading. SEALSQ, QUBT, QMCO up over 3%.

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