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New Horizon Aircraft ( (HOVR) ) just unveiled an update.
On June 26, 2025, New Horizon Aircraft announced that it has regained compliance with Nasdaq’s minimum bid requirement, ensuring its continued listing on the Nasdaq Capital Market. This development closes the compliance matter and reinforces the company’s position in the market, potentially benefiting stakeholders as it continues to advance its pioneering hybrid eVTOL technology.
The most recent analyst rating on (HOVR) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on New Horizon Aircraft stock, see the HOVR Stock Forecast page.
More about New Horizon Aircraft
Horizon Aircraft is an advanced aerospace engineering company focused on developing one of the world’s first hybrid eVTOL (electric Vertical Take-Off and Landing) aircraft. Their designs emphasize safety, performance, and utility, with plans to complete testing and certification of the Cavorite X7 eVTOL and scale production to meet demand from regional operators, emergency services, and military customers.
Average Trading Volume: 1,511,693
Technical Sentiment Signal: Buy
Current Market Cap: $47.39M
For an in-depth examination of HOVR stock, go to TipRanks’ Overview page.