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HOVR Stock Chart & Stats
$1.78
$0.07(3.93%)
At close: 4:00 PM EDT
$1.78
$0.07(3.93%)
Day’s Range― - ―
52-Week Range$1.16 - $4.18
Previous Close$1.85
Volume803.41K
Average Volume (3M)1.25M
Market Cap
$114.94M
Enterprise Value$100.08
Total Cash (Recent Filing)$108.12M
Total Debt (Recent Filing)$99.44K
Price to Earnings (P/E)―
Beta1.66
Next Earnings
Oct 09, 2026EPS Estimate
-0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.82
Shares Outstanding66,825,836
10 Day Avg. Volume1,688,107
30 Day Avg. Volume1,254,396
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.53
Price to Sales (P/S)0.00
P/FCF Ratio-6.24
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.63
Revenue Forecast (FY)$333.33K
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong CapitalizationMinimal debt and a materially improved equity base materially reduce financial distress risk for a development-stage aerospace firm. Low leverage limits interest burdens and preserves flexibility to direct cash to prototype and certification work rather than fixed financing costs, aiding strategic optionality.
Institutional Funding To Advance PrototypeSuccessful registered direct financings from institutional investors provide tangible runway to complete the Cavorite X7 prototype and push toward testing and certification. This funding directly supports milestone delivery and reduces short-term execution risk for commercialization efforts.
Focused EVTOL Product StrategyA clear strategic focus on a hybrid-electric eVTOL platform (Cavorite X7) concentrates resources and engineering talent on a single, differentiated product family. Concentration on passenger, cargo, emergency and defense use cases can broaden addressable markets and streamline certification and supply-chain planning.
Bears Say
Pre-revenue OperationsOperating without revenue leaves commercialization risk as the primary value driver; sustained losses mean the business must demonstrate successful market entry and pricing to justify investment. Until revenue materializes, capital deployment effectiveness and unit economics remain unproven and risky.
Persistent Cash BurnLarge, ongoing negative operating and free cash flow indicate the company will repeatedly rely on external capital to fund R&D and certification. Persistent burn pressures management to prioritize short-term financing over long-term margin optimization and can constrain strategic choices if funding tightens.
Dependence On Equity Financings / Dilution RiskRepeated reliance on registered direct offerings to fund development creates shareholder dilution and indicates limited internal cash generation. Ongoing market-dependent funding increases execution risk if investor appetite weakens and may lead management to accept less favorable financing terms over time.
New Horizon Aircraft News
HOVR FAQ
What was New Horizon Aircraft Ltd.’s price range in the past 12 months?
New Horizon Aircraft Ltd. lowest stock price was $1.16 and its highest was $4.18 in the past 12 months.
What is New Horizon Aircraft Ltd.’s market cap?
New Horizon Aircraft Ltd.’s market cap is $114.94M.
When is New Horizon Aircraft Ltd.’s upcoming earnings report date?
New Horizon Aircraft Ltd.’s upcoming earnings report date is Oct 09, 2026 which is in 68 days.
How were New Horizon Aircraft Ltd.’s earnings last quarter?
New Horizon Aircraft Ltd. released its earnings results on Jul 16, 2026. The company reported -$0.099 earnings per share for the quarter, beating the consensus estimate of -$0.121 by $0.021.
Is New Horizon Aircraft Ltd. overvalued?
According to Wall Street analysts New Horizon Aircraft Ltd.’s price is currently Overvalued.
Does New Horizon Aircraft Ltd. pay dividends?
New Horizon Aircraft Ltd. does not currently pay dividends.
What is New Horizon Aircraft Ltd.’s EPS estimate?
New Horizon Aircraft Ltd.’s EPS estimate is -0.09.
How many shares outstanding does New Horizon Aircraft Ltd. have?
New Horizon Aircraft Ltd. has 66,825,836 shares outstanding.
What happened to New Horizon Aircraft Ltd.’s price movement after its last earnings report?
New Horizon Aircraft Ltd. reported an EPS of -$0.099 in its last earnings report, beating expectations of -$0.121. Following the earnings report the stock price went down -12.281%.
Which hedge fund is a major shareholder of New Horizon Aircraft Ltd.?
Currently, no hedge funds are holding shares in HOVR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
New Horizon Aircraft Stock Smart Score
Underperform
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8
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10
Blogger Sentiment
Neutral
HOVR Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 478.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.20%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
894.66%
Trailing 12-Months
Company Description
New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the 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.
HOVR Earnings Call
Q4 2026
0:00 / 0:00
Technical Analysis
Ehang Holdings
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Vertical Aerospace
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Eve Holding
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Sky Harbour Group
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Archer Aviation
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Ownership Overview
4.50% Insiders
0.02% Mutual Funds
0.07% Other Institutional Investors
95.36% Public Companies and Individual Investors