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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)1.24M
Market Cap
$104.92M
Enterprise Value$100.08
Total Cash (Recent Filing)$108.12M
Total Debt (Recent Filing)$99.44K
Price to Earnings (P/E)―
Beta1.58
Next Earnings
Oct 09, 2026EPS Estimate
-0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.82
Shares Outstanding66,825,836
10 Day Avg. Volume1,316,590
30 Day Avg. Volume1,236,825
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)-0.8
Revenue Forecast (FY)$333.33K
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Equity BaseThe company’s near-zero debt and sizable equity base materially reduce solvency and interest-rate risk for a capital-intensive aerospace developer. This balance-sheet flexibility supports multi-quarter R&D and certification spending without immediate refinancing pressure, preserving strategic optionality.
Recent Institutional Financing To Fund PrototypeFresh institutional capital earmarked for prototype completion and certification materially extends the firm’s runway and enables progress on key technical milestones. Funding tied to the Cavorite X7 directly supports value-creating R&D steps and reduces near-term execution risk for aircraft development.
Strategic Supplier PartnershipPartnering with an established flight-control supplier lowers integration and certification complexity, accelerates testing, and transfers technical risk. A reliable avionics supplier strengthens product credibility and supports a faster, more predictable pathway to certification and commercialization.
Bears Say
Pre-revenue With Large LossesBeing pre-revenue with materially widening losses constrains visibility on commercial traction and operating leverage. Persistent negative earnings mean the business must demonstrate successful certification and market adoption before generating cash, a multi-period execution risk for investors.
Sustained Cash BurnConsistent negative operating and free cash flow indicate the company is consuming capital to progress development. Ongoing burn increases reliance on external funding and may force prioritization of activities, slowing broader commercialization or requiring further dilutive financings to reach certification milestones.
Dependence On External Capital / Dilution RiskRecent registered offerings, placement-agent warrants and fees show the business depends on equity markets to fund development. This creates recurring dilution risk, potential constraints on future financings, and places shareholder returns contingent on successful milestone delivery rather than internal cash generation.
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 $104.92M.
When is New Horizon Aircraft Ltd.’s upcoming earnings report date?
New Horizon Aircraft Ltd.’s upcoming earnings report date is Oct 09, 2026 which is in 79 days.
How were New Horizon Aircraft Ltd.’s earnings last quarter?
New Horizon Aircraft Ltd. released its earnings results on Jul 16, 2026. The company reported -$0.099 earnings per share for the quarter, beating the consensus estimate of -$0.121 by $0.021.
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 -0.09.
How many shares outstanding does New Horizon Aircraft Ltd. have?
New Horizon Aircraft Ltd. has 66,825,836 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 -$0.099 in its last earnings report, beating expectations of -$0.121. Following the earnings report the stock price went down -12.281%.
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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5
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7
8
9
10
Blogger Sentiment
Neutral
HOVR Sentiment 50%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 478.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.72%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
894.66%
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.
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
4.50% Insiders
0.02% Mutual Funds
0.04% Other Institutional Investors
95.40% Public Companies and Individual Investors