New Horizon Aircraft Ltd (HOVR)

Currency in USD
1.720
-0.020(-1.15%)
Closed·
1.710-0.010(-0.58%)
·
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Fair Value
Day's Range
1.6701.770
52 wk Range
1.1604.180
Key Statistics
Prev. Close
1.74
Open
1.74
Day's Range
1.67-1.77
52 wk Range
1.16-4.18
Volume
613.7K
Average Volume (3m)
2.32M
1-Year Change
13.9073%
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
8.367
Upside
+386.45%
Members' Sentiments
Bearish
Bullish
ProTips
Stock generally trades with high price volatility

New Horizon Aircraft Ltd News & Analysis

Show more

Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 8.367
(+386.45% 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: 16/07/2026, 14:46
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
−4.9x−7.3x12.2x
PEG Ratio
0.010.020.03
Price/Book
2.5x2.7x1.4x
Price / LTM Sales
-87.7x1.2x
Upside (Analyst Target)
248.5%124.9%29.5%
Fair Value Upside
Unlock5.4%9.7%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
56.07K0.09%89.15K
Other Institutional Investors
11.01M17.82%17.50M
Public Companies & Retail Investors
50.70M82.09%80.61M
Total
61.76M100.00%98.2M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Canso Investment Counsel Ltd.7.80%4,819,5397,663
Grip Investments Limited2.61%1,613,3872,565

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FAQ

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

The New Horizon Aircraft stock price today is 1.720 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 (HOVR) Afterhours Price Today? (Afterhours variable test: 1.710) Current Date: Jul 31, 2026

After hours price: 1.710. After hours price change (units): -0.010. Price change percentage: -0.580%

What Is the New Horizon Aircraft Market Cap?

As of today, New Horizon Aircraft market cap is 116.280M USD.

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 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 58 employees.

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

As of Jul 31, 2026, New Horizon Aircraft (HOVR) is trading at a price of 1.720 USD, with a previous close of 1.740 USD. The stock has fluctuated within a day range of 1.670 USD to 1.770 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 8.367 USD, with a high estimate of 18.10216895 USD and a low estimate of 3.24843037 USD. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +386.45% Upside potential.

What Is the HOVR Premarket Price?

HOVR's last pre-market stock price is 1.750 USD. The pre-market share volume is 6,130.000, and the stock has decreased by 0.010, or 0.570%.

What Is the HOVR After Hours Price?

HOVR's last after hours stock price is 1.710 USD, the stock has decreased by -0.010, or -0.580%.
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