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$1.16 - $4.18
Previous Close$1
Volume2.72M
Average Volume (3M)3.46M
Market Cap
$126.24M
Enterprise Value$111.13M
Total Cash (Recent Filing)$26.86M
Total Debt (Recent Filing)$19.11K
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Aug 21, 2026EPS Estimate
-0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.93
Shares Outstanding61,762,930
10 Day Avg. Volume1,763,833
30 Day Avg. Volume3,457,896
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)10.59
Price to Sales (P/S)0.00
P/FCF Ratio-2.90
Enterprise Value/Market Cap0.88
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-1.95K
Enterprise Value/Ebitda-4.14
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.89
Revenue Forecast (FY)$1.00M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Stronger Equity BaseVery low debt and a materially improved equity base provide a defensible financial backstop as the company advances its prototype. This reduces near-term solvency risk and gives management flexibility to fund development without high interest burdens while certification milestones are pursued.
Committed Funding To Complete PrototypeSecuring proceeds earmarked to finish the Cavorite X7 prototype materially de-risks the near-term technical program. Funding completion and testing accelerates the path to certification and commercialization, making progress on product milestones more likely over the next several months.
Institutional Investor & Placement-Agent SupportRepeated participation by institutional investors and use of a placement agent indicate external confidence and provide durable access to capital markets. This investor base and advisor relationship improve fundraising credibility and execution capacity as development objectives progress.
Bears Say
Pre-revenue Business With Widening LossesThe company remains pre-revenue and is burning through operating losses, which means value depends entirely on successful development and certification. Continued negative EBIT reduces the margin of error for technical setbacks and lengthens the timeline before the firm can self-fund operations from sales.
Persistent Negative Cash Flow / Cash BurnSustained negative operating and free cash flow implies the company must repeatedly access capital to sustain development. Even with recent raises, ongoing burn elevates refinancing risk, increases dilution over time, and constrains the ability to invest in parallel commercialization activities.
Dilution And Short-term Issuance Constraints From FinancingsThe registered direct offerings improve liquidity but dilute existing shareholders and add placement-agent warrants and fees that raise effective capital costs. A 45‑day restriction on further issuances reduces near-term flexibility if additional cash is needed before revenue arrives.
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 $126.24M.
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 65 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 -$0.115 earnings per share for the quarter, missing the consensus estimate of -$0.107 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 -0.13.
How many shares outstanding does New Horizon Aircraft Ltd. have?
New Horizon Aircraft Ltd. has 61,762,930 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 -$0.115 in its last earnings report, missing expectations of -$0.107. 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
Underperform
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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 ▲ 0.3%
Last 30 Days ▲ 5.1%
Last 30 Days ▲ 5.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.47%
12-Months-Change
Fundamentals
Return on Equity
-278.07%
Trailing 12-Months
Asset Growth
124.05%
Trailing 12-Months
Company Description
New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd. is an aerospace engineering firm that specializes in the development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft. These advanced vehicles are designed to cater to the regional air mobility sector, particularly targeting opportunities within the United States. A prime example of their innovation is the Cavorite X7, a seven-seater hybrid-electric aircraft capable of vertical ascent and descent. The company, which has its headquarters in Lindsay, Canada, was established in 2013.
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
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Ownership Overview
5.38% Insiders
0.02% Mutual Funds
0.12% Other Institutional Investors
94.43% Public Companies and Individual Investors
Options Prices
Currently, No data available
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