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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)1.68M
Market Cap
$108.70M
Enterprise Value$112.78M
Total Cash (Recent Filing)$26.86M
Total Debt (Recent Filing)$19.11K
Price to Earnings (P/E)―
Beta1.54
Next Earnings
Jul 16, 2026EPS Estimate
-0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.86
Shares Outstanding61,762,930
10 Day Avg. Volume824,073
30 Day Avg. Volume1,684,796
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 Cap1.04
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-1.98K
Enterprise Value/Ebitda-4.52
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.82
Revenue Forecast (FY)$1.00M
Bulls Say, Bears Say
Bulls Say
Stronger Equity BaseRecapitalization that moved equity from negative to ~ $14.1M materially improves balance-sheet resilience and gives management runway to execute R&D, prototypes and certification efforts without immediate insolvency risk, reducing short-term refinancing pressure.
Recent Financings Fund PrototypeTwo institutional-directed raises (~$45M gross) explicitly earmarked to complete the Cavorite X7 prototype and advance testing/certification. That funding materially de-risks near-term development milestones and increases the probability of progressing toward commercial launch.
Institutional Investor SupportRepeat participation by existing institutional backers and use of a dedicated placement agent signal ongoing investor confidence and provide a stable capital-raising channel, easing access to future institutional funding if milestones are met and improving strategic partner credibility.
Bears Say
Pre-revenue With Widening LossesSustained pre-revenue status and sharply widening operating losses show the business remains in heavy investment mode. Without revenue trajectory or operating leverage, the firm must convert prototype progress into commercial sales to justify capital and reach positive returns.
Persistent Cash BurnConsistent negative operating and free cash flow indicates the company consumes material cash to fund development. Continued cash burn implies ongoing financing needs and raises execution risk if future raises are delayed or terms deteriorate before commercial revenues begin.
Dilution And Issuance ConstraintsRepeated registered direct offerings, placement agent warrants and short-term equity issuance restrictions reduce existing shareholders' ownership and create potential share overhang. This structural dilution makes it harder to accrue long-term EPS benefits until profitable operations commence.
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 $108.70M.
When is New Horizon Aircraft Ltd.’s upcoming earnings report date?
New Horizon Aircraft Ltd.’s upcoming earnings report date is Jul 16, 2026 which is in 4 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 -$0.113 earnings per share for the quarter, missing the consensus estimate of -$0.105 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 -0.12.
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 -$0.113 in its last earnings report, missing expectations of -$0.105. 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
1
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7
8
9
10
Blogger Sentiment
Neutral
HOVR Sentiment 50%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 478.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
15.78%
12-Months-Change
Fundamentals
Return on Equity
-258.01%
Trailing 12-Months
Asset Growth
124.05%
Trailing 12-Months
Company Description
New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the 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
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Ownership Overview
4.87% Insiders
0.02% Mutual Funds
0.04% Other Institutional Investors
95.02% Public Companies and Individual Investors
Options Prices
Currently, No data available
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