New Horizon Aircraft (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$0.45 - $4.18
Previous Close$1
Volume2.72M
Average Volume (3M)660.85K
Market Cap
$109.54M
Enterprise Value$99.22M
Total Cash (Recent Filing)$19.67M
Total Debt (Recent Filing)$14.00K
Price to Earnings (P/E)―
Beta1.29
Next Earnings
Aug 21, 2026EPS Estimate
-0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.12
Shares Outstanding45,263,348
10 Day Avg. Volume751,271
30 Day Avg. Volume660,845
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 Cap0.91
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-1.74K
Enterprise Value/Ebitda-4.42
Forecast
1Y Price Target
$18.00Price Target Upside883.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.82
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageExtremely low reported debt and near-zero debt-to-equity materially reduce near-term solvency and bankruptcy risk. This durable balance sheet strength gives the company financial flexibility to prioritize R&D and complete certification steps before taking on meaningful leverage.
Recapitalized Equity BaseA swing from negative to positive equity provides a lasting capital buffer that supports ongoing program investment. Stronger equity reduces immediate solvency pressure, improves bargaining power with suppliers/partners, and increases runway before new funding is required.
Strategic AAM Market PositionPositioning in advanced air mobility (eVTOL) targets a structural, multi-decade market expansion across civil and government use cases. Sustained industry tailwinds and large addressable markets support long-term revenue potential if certification and commercialization milestones are met.
Bears Say
Pre-revenue With Rising LossesAbsence of revenue and materially widening operating losses indicate the business is still in heavy development without commercial cash inflows. Over multiple quarters this creates a structural dependency on external funding and delays proof of product-market fit and scalable economics.
Persistent Negative Cash FlowConsistent negative operating and free cash flow means the company must repeatedly access capital markets or equity dilution to sustain operations. This ongoing burn constrains strategic optionality, risks slowing development if funding tightens, and is a durable execution risk.
Weak Returns & Earnings VolatilitySharply negative ROE and a volatile net income pattern signal the equity base is funding losses rather than generating returns. Without consistent profitability, internal financing from retained earnings is unavailable and investor confidence for long-term partnerships may be impaired.
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 $0.45 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 $109.54M.
When is New Horizon Aircraft’s upcoming earnings report date?
New Horizon Aircraft’s upcoming earnings report date is Aug 21, 2026 which is in 109 days.
How were New Horizon Aircraft’s earnings last quarter?
New Horizon Aircraft released its earnings results on Apr 14, 2026. The company reported -$0.117 earnings per share for the quarter, missing the consensus estimate of -$0.109 by -$0.008.
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 45,263,348 shares outstanding.
What happened to New Horizon Aircraft’s price movement after its last earnings report?
New Horizon Aircraft reported an EPS of -$0.117 in its last earnings report, missing expectations of -$0.109. Following the earnings report the stock price went same 0%.
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 (883.61% Upside)
$18.00 (883.61% 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 ▲ 2.6%
Last 30 Days ▲ 13.5%
Last 30 Days ▲ 13.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
309.39%
12-Months-Change
Fundamentals
Return on Equity
-314.98%
Trailing 12-Months
Asset Growth
124.05%
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
Q3 2026
0:00 / 0:00
HOVR Stock 12 Month Forecast
Average Price Target
$18.00
▲(883.61% 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
6.64% Insiders
0.03% Mutual Funds
0.26% Other Institutional Investors
93.03% Public Companies and Individual Investors
Options Prices
Currently, No data available
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