New Horizon Aircraft (HOVR)
NASDAQ:HOVR
HOVR Stock Chart & Stats
$1.48
-$0.09(-8.11%)
At close: 4:00 PM EST
$1.48
-$0.09(-8.11%)
Day’s Range― - ―
52-Week Range$0.35 - $4.18
Previous Close$1
Volume2.72M
Average Volume (3M)640.76K
Market Cap
$65.49M
Enterprise Value$66.87M
Total Cash (Recent Filing)$24.30M
Total Debt (Recent Filing)$19.00K
Price to Earnings (P/E)―
Beta1.10
Next Earnings
Apr 14, 2026EPS Estimate
-0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding44,252,750
10 Day Avg. Volume937,466
30 Day Avg. Volume640,756
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)10.58
Price to Sales (P/S)0.00
P/FCF Ratio-2.90
Enterprise Value/Market Cap1.02
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-1.17K
Enterprise Value/Ebitda-3.64
Forecast
1Y Price Target
$18.00Price Target Upside1116.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.78
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageMinimal debt materially reduces fixed financing obligations for a development-stage aerospace firm. For capital-intensive certification and multi-year R&D, low leverage preserves optionality to pursue equity, partnerships, or targeted financing without immediate solvency pressure, supporting long-term program execution.
Clear Strategic FocusA concentrated product strategy (hybrid-electric eVTOL/Cavorite X7) aligns the company with structural growth in advanced air mobility and defense special-mission use cases. A focused roadmap helps prioritize engineering, certification, and partner engagements that drive durable product-market fit over several years.
Positive Equity And Growing Asset BaseA stronger asset base and positive equity provide tangible runway to advance prototyping and certification activities. While not a substitute for recurring revenue, this balance-sheet cushion supports continued investment in tooling, testing, and supplier commitments required for multi-year commercialization paths.
Bears Say
Pre-revenue With Large LossesBeing pre-revenue with a ~-$31.1M TTM loss creates significant execution and funding risk. Long aerospace certification cycles mean commercialization timelines are uncertain; without product sales, the company must secure external capital to bridge development, increasing dilution and exposure to financing availability.
Sustained Negative Cash FlowContinued negative operating and free cash flow indicates structural cash burn from operations and R&D. Persistent outflows necessitate recurring capital raises or partnerships, which can dilute equity, strain management bandwidth, and increase the chance of disrupted development if market conditions limit access to financing.
Volatile Equity & Limited ScaleHistorical equity volatility and weak returns reflect limited operating maturity and intermittent funding. Coupled with a small workforce (20 employees), the company may lack the operational scale and bench strength needed to manage certification, supply chains, and program risk inherent in bringing complex aircraft to market.
New Horizon Aircraft News
HOVR FAQ
What was New Horizon Aircraft’s price range in the past 12 months?
New Horizon Aircraft lowest stock price was $0.35 and its highest was $4.18 in the past 12 months.
What is New Horizon Aircraft’s market cap?
New Horizon Aircraft’s market cap is $65.49M.
When is New Horizon Aircraft’s upcoming earnings report date?
New Horizon Aircraft’s upcoming earnings report date is Apr 14, 2026 which is in 6 days.
How were New Horizon Aircraft’s earnings last quarter?
New Horizon Aircraft released its earnings results on Jan 14, 2026. The company reported -$0.151 earnings per share for the quarter, missing the consensus estimate of -$0.12 by -$0.031.
Is New Horizon Aircraft overvalued?
According to Wall Street analysts New Horizon Aircraft’s price is currently Undervalued.
Does New Horizon Aircraft pay dividends?
New Horizon Aircraft does not currently pay dividends.
What is New Horizon Aircraft’s EPS estimate?
New Horizon Aircraft’s EPS estimate is -0.11.
How many shares outstanding does New Horizon Aircraft have?
New Horizon Aircraft has 44,252,750 shares outstanding.
What happened to New Horizon Aircraft’s price movement after its last earnings report?
New Horizon Aircraft reported an EPS of -$0.151 in its last earnings report, missing expectations of -$0.12. Following the earnings report the stock price went up 5.025%.
Which hedge fund is a major shareholder of New Horizon Aircraft?
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.00 (1116.22% Upside)
$18.00 (1116.22% Upside)
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 Positive
Last 7 Days <0.1%
Last 30 Days ▲ 6.8%
Last 30 Days ▲ 6.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
228.88%
12-Months-Change
Fundamentals
Return on Equity
-356.97%
Trailing 12-Months
Asset Growth
1212.45%
Trailing 12-Months
Company Description
New Horizon Aircraft
New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing 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
Q2 2026
0:00 / 0:00
HOVR Stock 12 Month Forecast
Average Price Target
$18.00
▲(1116.22% Upside)
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
―
Ownership Overview
6.79% Insiders
0.03% Mutual Funds
0.26% Other Institutional Investors
92.86% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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