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New Horizon Aircraft (HOVR)
NASDAQ:HOVR
HOVR Stock Chart & Stats
$1.82
-$0.09(-8.11%)
At close: 4:00 PM EST
$1.82
-$0.09(-8.11%)
Day’s Range― - ―
52-Week Range$0.35 - $4.18
Previous Close$1
Volume2.72M
Average Volume (3M)587.70K
Market Cap
$80.54M
Enterprise Value$86.22M
Total Cash (Recent Filing)$24.30M
Total Debt (Recent Filing)$19.00K
Price to Earnings (P/E)―
Beta0.87
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding44,252,750
10 Day Avg. Volume590,062
30 Day Avg. Volume587,701
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 Cap1.07
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-1.51K
Enterprise Value/Ebitda-4.69
Forecast
1Y Price Target
$18.00Price Target Upside889.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low LeverageMinimal debt provides durable financial flexibility for a capital-intensive R&D path. Low leverage reduces near-term creditor risk and preserves optionality to choose financing methods (equity, partner deals) to fund certification and prototyping, supporting longer-term program continuity.
Focused EVTOL Business ModelA clear strategic focus on hybrid-electric eVTOLs targets a growing advanced-air-mobility and defense niche. This concentrated product roadmap allows IP accumulation, specialized partnerships and targeted certification efforts, improving the company's ability to build sustained competitive advantage if commercialization succeeds.
Governance And Financing OptionalityEmployee equity programs align management with long-term outcomes and the new board aerospace expertise strengthens oversight for certification and partnerships. Expanded issuance capacity gives durable access to capital when needed, supporting continuation of R&D and certification milestones if executed prudently.
Bears Say
Pre-revenue OperationsZero recurring revenue means the business lacks internal cash generation to fund development. This structural dependence on external financing raises execution risk for multi-year certification and commercialization timelines and limits the firm's ability to self-fund milestones without dilution or strategic concessions.
Sustained Cash BurnPersistent negative operating and free cash flow create a durable funding requirement. Ongoing burn at this scale makes near-term capital raises likely, increasing dilution or altering capital structure, and could delay development or certification if additional financing is not secured on acceptable terms.
Worsening Losses And Equity VolatilityLarge, worsening net losses and historical equity volatility weaken balance-sheet resilience. Repeated or deepening losses can erode shareholder equity and constrain strategic choices, increase the likelihood of dilutive financings, and reduce investor and partner confidence during critical certification phases.
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 $80.54M.
When is New Horizon Aircraft’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were New Horizon Aircraft’s earnings last quarter?
Currently, no data Available
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 for its next earnings report is not yet available.
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?
Currently, no data Available
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 (889.01% Upside)
$18.00 (889.01% 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 ▲ 3.4%
Last 30 Days ▲ 7.3%
Last 30 Days ▲ 7.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.54%
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
▲(889.01% Upside)
Technical Analysis
Ehang Holdings
―
Vertical Aerospace
―
Eve Holding
―
Sky Harbour Group
―
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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