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HOVR Stock Chart & Stats
$1.88
$0.07(3.93%)
At close: 4:00 PM EDT
$1.88
$0.07(3.93%)
Day’s Range― - ―
52-Week Range$1.16 - $4.18
Previous Close$1.85
Volume803.41K
Average Volume (3M)908.61K
Market Cap
$112.77M
Enterprise Value$100.08
Total Cash (Recent Filing)$108.12M
Total Debt (Recent Filing)$99.44K
Price to Earnings (P/E)―
Beta1.64
Next Earnings
Oct 09, 2026EPS Estimate
-0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.82
Shares Outstanding67,123,940
10 Day Avg. Volume658,204
30 Day Avg. Volume908,607
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.53
Price to Sales (P/S)0.00
P/FCF Ratio-6.24
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.63
Revenue Forecast (FY)$333.33K
Bulls Say, Bears Say
Bulls Say
Very Low Leverage And Improved CapitalizationMinimal debt reduces balance-sheet pressure and leaves more financial flexibility while the company develops its aircraft. The substantially improved equity base provides a stronger capitalization platform for testing, certification, and other long-duration development needs, even though returns remain negative.
Progress Toward All-weather CertificationAdvancing all-weather capability addresses an important certification requirement for practical eVTOL operations. The funded collaboration with Flight Centre of Excellence, 3C, and the University of Toronto adds technical support and moves the Cavorite X7 from concept development toward demonstrable certification progress.
Strengthened Audit And Governance OversightAdding an experienced technology and capital-markets leader to the board can improve oversight as the company manages aircraft development, financing, and commercialization milestones. The appointment strengthens audit leadership without reported disagreement surrounding the outgoing chair’s resignation.
Bears Say
No Reported Revenue Or Operating CommercializationThe absence of reported revenue means the business has not yet demonstrated commercial demand or operating scale. Until aircraft development converts into sales or another recurring revenue stream, financial performance remains dependent on continued funding rather than internally generated business activity.
Materially Widening LossesRapidly widening losses indicate that development expenses are rising well ahead of any operating revenue. This weakens the company’s ability to build sustainable earnings and increases the amount of capital required before certification and commercialization can produce meaningful financial returns.
Persistent And Increasing Cash BurnDeep negative operating and free cash flow show that the company is consuming cash to sustain development rather than funding itself. The deterioration in operating cash flow over recent periods implies ongoing financing needs and could constrain execution if external capital becomes less available.
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 $1.16 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 $112.77M.
When is New Horizon Aircraft’s upcoming earnings report date?
New Horizon Aircraft’s upcoming earnings report date is Oct 09, 2026 which is in 32 days.
How were New Horizon Aircraft’s earnings last quarter?
New Horizon Aircraft released its earnings results on Jul 16, 2026. The company reported -$0.101 earnings per share for the quarter, beating the consensus estimate of -$0.123 by $0.022.
Is New Horizon Aircraft overvalued?
According to Wall Street analysts New Horizon Aircraft’s price is currently Overvalued.
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 -0.09.
How many shares outstanding does New Horizon Aircraft have?
New Horizon Aircraft has 67,123,940 shares outstanding.
What happened to New Horizon Aircraft’s price movement after its last earnings report?
New Horizon Aircraft reported an EPS of -$0.101 in its last earnings report, beating expectations of -$0.123. Following the earnings report the stock price went down -12.281%.
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
Underperform
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Neutral
HOVR Sentiment 50%
Sector Average 57%
Sector Average 57%
Hedge Fund Trend
Decreased
By 478.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.6%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
894.66%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
New Horizon Aircraft
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
Q4 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
4.55% Insiders
0.02% Mutual Funds
3.16% Other Institutional Investors
92.22% Public Companies and Individual Investors