New Horizon Aircraft Ltd (HOVR)

Currency in USD
1.570
+0.070(+4.67%)
Closed·
1.560-0.010(-0.64%)
·
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Fair Value
Day's Range
1.4651.610
52 wk Range
1.1604.180
Key Statistics
Prev. Close
1.5
Open
1.48
Day's Range
1.465-1.61
52 wk Range
1.16-4.18
Volume
1.7M
Average Volume (3m)
2.32M
1-Year Change
-9.7701%
Book Value / Share
0.13
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
8.217
Upside
+423.37%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in oversold territory

New Horizon Aircraft Ltd News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 8.217
(+423.37% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Jones Trading
Buy---New CoverageFeb 23, 2026

New Horizon Aircraft Ltd Earnings Call Summary for Q4/2026

  • New Horizon Aircraft ended fiscal 2026 with CAD 78.3M cash, up from CAD 7.5M, providing over 24 months of liquidity for development.
  • R&D spending surged 257% to CAD 13.2M as the company transitioned from technology validation to full-scale Cavorite X7 aircraft construction.
  • Management accelerated demonstrator timeline to spring 2027 from year-end 2027, with type certification targeted for 2030.
  • Quarterly cash burn expected to rise in fiscal 2027 but remain below double current CAD 4M rate, split between personnel and aircraft costs.
  • Licensing identified as earliest revenue path before aircraft sales, with discussions anticipated in 2027-2028; shares fell 3.42% to $1.652.
Last Updated: 07/16/2026, 09:46 PM
Read Full Transcript

Earnings

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

HOVR Income Statement

Compare HOVR to Peers and Sector

Metrics to compare
HOVR
Peers
Sector
Relationship
P/E Ratio
−4.1x−6.7x12.3x
PEG Ratio
0.010.190.03
Price/Book
17.3x3.2x1.4x
Price / LTM Sales
-96.7x1.2x
Upside (Analyst Target)
282.0%122.9%28.5%
Fair Value Upside
Unlock5.0%9.1%Unlock

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It also designs and delivers 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

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
56.07K0.09%88.03K
Other Institutional Investors
11.01M17.82%17.28M
Public Companies & Retail Investors
50.70M82.09%79.60M
Total
61.76M100.00%96.97M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Canso Investment Counsel Ltd.7.80%4,819,5397,567
Grip Investments Limited2.61%1,613,3872,533

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FAQ

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

The New Horizon Aircraft stock price today is 1.570 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 96.970M USD.

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

The New Horizon Aircraft EPS (TTM) is -0.853.

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 Sell.

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 Jul 19, 2026, New Horizon Aircraft (HOVR) is trading at a price of 1.570 USD, with a previous close of 1.500 USD. The stock has fluctuated within a day range of 1.465 USD to 1.610 USD, while its 52-week range spans from 1.160 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 8.217 USD, with a high estimate of 17.63514477 USD and a low estimate of 3.24704037 USD. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +423.37% Upside potential.

What Is the HOVR Premarket Price?

HOVR's last pre-market stock price is 1.470 USD. The pre-market share volume is 52,670.000, and the stock has decreased by -0.030, or -2.000%.

What Is the HOVR After Hours Price?

HOVR's last after hours stock price is 1.560 USD, the stock has decreased by -0.010, or -0.640%.
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