New Horizon Aircraft Ltd (HOVR)

Currency in USD
1.660
-0.010(-0.60%)
Closed·
1.683+0.023(+1.39%)
·
HOVR is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
1.6401.710
52 wk Range
1.1604.180
Key Statistics
Prev. Close
1.66
Open
1.68
Day's Range
1.64-1.71
52 wk Range
1.16-4.18
Volume
200.82K
Average Volume (3m)
1.01M
1-Year Change
-25.5605%
Book Value / Share
0.76
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
8.387
Upside
+405.22%
Members' Sentiments
Bearish
Bullish
ProTips
Suffers from weak gross profit margins

New Horizon Aircraft Ltd News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 8.387
(+405.22% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Jones Trading
Buy---New Coverage23-02-2026

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: 16-07-2026, 07:16 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
−4.7x−8.6x11.7x
PEG Ratio
0.010.060.03
Price/Book
2.4x3.0x1.4x
Price / LTM Sales
-57.6x1.2x
Upside (Analyst Target)
265.6%101.7%29.9%
Fair Value Upside
Unlock−9.6%8.1%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%99.57K
Other Institutional Investors
12.40M18.55%20.58M
Public Companies & Retail Investors
54.37M81.36%90.25M
Total
66.83M100.00%110.93M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Canso Investment Counsel Ltd.7.23%48,34,2398,025
Alyeska Investment Group, L.P.2.97%19,87,5363,299

FAQ

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

The New Horizon Aircraft share price today is 1.660.

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

As of 19-09-2026, the New Horizon Aircraft share price is 1.660, with a previous close of 1.660. The share price has ranged from 1.640 to 1.710 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 111.600M.

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

The average 12-month share price target for New Horizon Aircraft is 8.387, with a high estimate of 18.14489022 and a low estimate of 3.25609669. 2 analysts recommend buying, while 0 suggest selling, with an overall rating of Strong Buy and +405.22% 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 Neutral.

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 1.690. The pre-market share volume is 2,990.000, and the stock has changed by 0.020, or 1.200%.

What Is the HOVR After Hours Price?

HOVR's last after hours stock price is 1.683, the stock has changed by 0.023, or 1.390%.
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