New Horizon Aircraft Ltd. (HOVR)
NASDAQ:HOVR
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HOVR Stock Chart & Stats
$1.83
-$0.09(-8.11%)
At close: 4:00 PM EST
$1.83
-$0.09(-8.11%)
Day’s Range― - ―
52-Week Range$0.82 - $4.18
Previous Close$1
Volume2.72M
Average Volume (3M)2.23M
Market Cap
$142.13M
Enterprise Value$169.51M
Total Cash (Recent Filing)$26.86M
Total Debt (Recent Filing)$19.11K
Price to Earnings (P/E)―
Beta1.42
Next Earnings
Aug 21, 2026EPS Estimate
-0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.93
Shares Outstanding45,263,348
10 Day Avg. Volume3,362,579
30 Day Avg. Volume2,227,077
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 Cap1.19
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-2.97K
Enterprise Value/Ebitda-6.72
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.79
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Stronger Equity BaseVery low financial leverage and a materially improved equity base reduce insolvency and refinancing risk over the next several quarters. A stronger balance sheet gives management room to fund testing and certification without immediate reliance on high-cost debt, supporting program continuity.
Fresh Institutional FinancingThe ~$20M registered direct offering materially extends near-term runway and funds development, testing and certification efforts. Institutional participation also broadens the investor base, improving access to follow-on capital and enabling execution on multi-quarter engineering milestones.
Differentiated Product / Market PositionPositioning as a hybrid-electric VTOL with longer-range cruise targets a distinct niche in advanced air mobility. If technical and certification milestones are met, the Cavorite X7 could compete across civil and government/military segments, supporting diversified future revenue streams and durable market relevance.
Bears Say
Persistent Negative Cash FlowSustained negative operating and free cash flow means the company will likely need repeated external funding to continue development. Chronic cash consumption increases dilution risk and can compress timelines if markets or investor appetite tighten, affecting multi-quarter program delivery.
Pre-revenue With Widening Operating LossesA pre-revenue profile paired with rapidly widening operating losses underscores commercialization risk. Without demonstrated product sales, profitability is uncertain; continued investment may not translate to revenue, making long-term returns contingent on successful market entry and scale.
Dependency On Testing & CertificationThe business case depends on successful, timely certification and program execution. Certification is often costly and delay-prone; setbacks materially defer revenue generation and increase cash needs, amplifying funding and execution risk over the next several quarters.
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 $0.82 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 $142.13M.
When is New Horizon Aircraft Ltd.’s upcoming earnings report date?
New Horizon Aircraft Ltd.’s upcoming earnings report date is Aug 21, 2026 which is in 87 days.
How were New Horizon Aircraft Ltd.’s earnings last quarter?
New Horizon Aircraft Ltd. released its earnings results on Apr 14, 2026. The company reported -$0.116 earnings per share for the quarter, missing the consensus estimate of -$0.108 by -$0.008.
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 -0.11.
How many shares outstanding does New Horizon Aircraft Ltd. have?
New Horizon Aircraft Ltd. has 45,263,348 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 -$0.116 in its last earnings report, missing expectations of -$0.108. Following the earnings report the stock price went same 0%.
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
Neutral
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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 Positive
Last 7 Days ▲ 4.4%
Last 30 Days ▲ 11.6%
Last 30 Days ▲ 11.6%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
271.15%
12-Months-Change
Fundamentals
Return on Equity
-301.90%
Trailing 12-Months
Asset Growth
124.05%
Trailing 12-Months
Company Description
New Horizon Aircraft Ltd.
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
Q3 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
―
Ownership Overview
6.64% Insiders
0.03% Mutual Funds
0.14% Other Institutional Investors
93.14% Public Companies and Individual Investors
Options Prices
Currently, No data available
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