New Horizon Aircraft Ltd (HOVR)

Currency in USD
1.840
+0.280(+17.95%)
Closed·
1.820-0.020(-1.09%)
·
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Fair Value
Day's Range
1.5501.885
52 wk Range
0.4024.180
Key Statistics
Prev. Close
1.56
Open
1.55
Day's Range
1.55-1.885
52 wk Range
0.402-4.18
Volume
1.4M
Average Vol. (3m)
777.84K
1-Year Change
332.2293%
Book Value / Share
0.14
Fair Value
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Fair Value Upside
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HOVR Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
8.489
Upside
+361.35%
Members' Sentiments
Bearish
Bullish
ProTips
Stock generally trades with high price volatility

New Horizon Aircraft Ltd News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.

Employees
30

New Horizon Aircraft Ltd Earnings Call Summary for Q3/2026

  • New Horizon Aircraft reported $20M cash on hand, sufficient for 1-2 years of operations, with $25M raised year-to-date plus $10.4M in grants.
  • Operating expenditures surged 111% YoY to $7.6M in Q3, driven by 975% increase in aircraft development costs to $4.3M for Cavorite X7 prototype.
  • Company announced strategic partnerships with Rampf Group and North Aircraft Industries to advance hybrid-electric aircraft development.
  • Full-scale Cavorite X7 prototype on track for completion by end of 2026, with ground and flight testing scheduled for early 2027.
  • Hybrid-electric architecture offers 40x energy density advantage over battery-only solutions, targeting mining and defense markets with OEM-focused strategy.
Last Updated: 04/14/2026, 09:22 AM
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Compare HOVR to Peers and Sector

Metrics to compare
HOVR
Peers
Sector
Relationship
P/E Ratio
−3.0x−6.2x12.5x
PEG Ratio
0.01−0.080.03
Price / Book
11.6x2.4x1.4x
Price / LTM Sales
-90.9x1.3x
Upside (Analyst Target)
225.6%188.1%19.8%
Fair Value Upside
Unlock−3.5%5.9%Unlock

Analyst Ratings

3 Buy
0 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 8.489
(+361.35% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Jones Trading
Buy---New CoverageFeb 23, 2026
Oak Ridge Financial
Buy---New CoverageMay 20, 2025

Earnings

Latest Release
Jan 14, 2026
EPS / Forecast
-0.21 / --
Revenue / Forecast
-- / --
EPS Revisions
Last 90 days

HOVR Income Statement

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FAQ

What Is the New Horizon Aircraft (HOVR) Stock Price Today?

The New Horizon Aircraft stock price today is 1.840 USD.

What Stock Exchange Does New Horizon Aircraft Trade On?

New Horizon Aircraft is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for New Horizon Aircraft?

The stock symbol for New Horizon Aircraft is "HOVR."

What Is the New Horizon Aircraft Market Cap?

As of today, New Horizon Aircraft market cap is 69.030M USD.

What Is New Horizon Aircraft's Earnings Per Share (TTM)?

The New Horizon Aircraft EPS (TTM) is -0.887.

When Is the Next New Horizon Aircraft Earnings Date?

New Horizon Aircraft will release its next earnings report on Jan 14, 2026.

From a Technical Analysis Perspective, Is HOVR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has New Horizon Aircraft Stock Split?

New Horizon Aircraft has split 0 times.

How Many Employees Does New Horizon Aircraft Have?

New Horizon Aircraft has 30 employees.

What is the current trading status of New Horizon Aircraft (HOVR)?

As of Apr 15, 2026, New Horizon Aircraft (HOVR) is trading at a price of 1.840 USD, with a previous close of 1.560 USD. The stock has fluctuated within a day range of 1.550 USD to 1.885 USD, while its 52-week range spans from 0.402 USD to 4.180 USD.

What Is New Horizon Aircraft (HOVR) Price Target According to Analysts?

The average 12-month price target for New Horizon Aircraft is 8.489 USD, with a high estimate of 18.09772744 USD and a low estimate of 3.27815291 USD. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +361.35% Upside potential.

What Is the HOVR Premarket Price?

HOVR's last pre-market stock price is 1.515 USD. The pre-market share volume is 4,380.000, and the stock has decreased by -0.045, or -2.880%.

What Is the HOVR After Hours Price?

HOVR's last after hours stock price is 1.820 USD, the stock has decreased by -0.020, or -1.090%.
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