New Horizon Aircraft Ltd (HOVR)

Currency in USD
1.550
+0.020(+1.31%)
Closed·
1.560+0.010(+0.63%)
·
HOVR is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
1.4701.650
52 wk Range
1.1604.180
Key Statistics
Prev. Close
1.55
Open
1.65
Day's Range
1.47-1.65
52 wk Range
1.16-4.18
Volume
1.19M
Average Volume (3m)
870.7K
1-Year Change
-45.993%
Book Value / Share
0.66
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
HOVR Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
8.225
Upside
+430.67%
Members' Sentiments
Bearish
Bullish
ProTips
Quickly burning through cash

New Horizon Aircraft Ltd News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 8.225
(+430.67% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Jones Trading
Buy---New Coverage23-02-2026

New Horizon Aircraft Ltd Earnings Call Summary for Q1/2027

  • Horizon Aircraft Q1 2027 net loss narrowed to CAD 4.1M (CAD 0.06/share) from CAD 10.9M (CAD 0.29/share) year-over-year; stock rose 5.88% to $1.62.
  • R&D expenses surged 174% to CAD 7.4M as full-scale X7 hybrid-electric aircraft development accelerated; company holds CAD 70M+ cash at quarter-end.
  • Full-scale X7 demonstrator on track for completion by end of Q1 2027, with ground testing in spring 2027 and first flight testing to follow shortly after.
  • Company targets early 2030 for Transport Canada certification; letters of intent now cover 200 aircraft representing CAD 1B+ in potential sales value.
  • Management pursuing non-dilutive funding and selective ATM program use; focusing on regional transport and emergency response markets vs. urban eVTOL competitors.
Last Updated: 09-10-2026, 07:00 pm
Read Full Transcript

Earnings

Latest Release
14-01-2026
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
−5.7x−9.5x11.6x
PEG Ratio
0.01−0.360.03
Price/Book
2.4x3.5x1.4x
Price / LTM Sales
-350.7x1.2x
Upside (Analyst Target)
-105.7%31.3%
Fair Value Upside
Unlock−10.8%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
58

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
59.98K0.09%92.97K
Other Institutional Investors
12.37M18.51%19.18M
Public Companies & Retail Investors
54.39M81.40%84.31M
Total
66.83M100.00%103.58M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Canso Investment Counsel Ltd.7.23%48,34,2397,493
Alyeska Investment Group, L.P.2.97%19,87,5363,081

FAQ

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

The New Horizon Aircraft share price today is 1.550.

What is the current New Horizon Aircraft (HOVR) share price and day range?

As of 10-10-2026, the New Horizon Aircraft share price is 1.550, with a previous close of 1.550. The share price has ranged from 1.470 to 1.650 today, while the 52-week range spans from 1.160 to 4.180.

What Is the New Horizon Aircraft Market Cap?

As of today, New Horizon Aircraft market cap is 102.240M.

What Is the New Horizon Aircraft (HOVR) Share Price Target?

The average 12-month share price target for New Horizon Aircraft is 8.225, with a high estimate of 17.7961703 and a low estimate of 3.19351897. 2 analysts recommend buying, while 0 suggest selling, with an overall rating of Strong Buy and +430.67% Upside potential.

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

The New Horizon Aircraft EPS (TTM) is -0.770.

When Is the Next New Horizon Aircraft Earnings Date?

New Horizon Aircraft will release its next earnings report on 14-01-2026.

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.

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."

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 58 employees.

What Is the HOVR Premarket Price?

HOVR's last pre-market stock price is 1.630. The pre-market share volume is 99,240.000, and the stock has changed by 0.100, or 6.540%.

What Is the HOVR After Hours Price?

HOVR's last after hours stock price is 1.560, the stock has changed by 0.010, or 0.630%.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.