New Horizon Aircraft (HOVR) Stock Price, News & Analysis

Company Overview

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd. was founded in 2013 and is headquartered in Lindsay, Canada.

Key Stats

• Today's Range: $2.26 to $2.35
• 50-Day Range: $1.39 to $3.14
• 52-Week Range: $1.16 to $4.18
• Volume: 766,949 shs
• Average Volume: 1.60 million shs
• Market Capitalization: $128.38 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.50
• Consensus Rating: Hold

New Horizon Aircraft Stock Analysis - MarketRank™

New Horizon Aircraft scored higher than 57% of companies evaluated by MarketBeat, and ranked 40th out of 59 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

New Horizon Aircraft has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 2 buy ratings, no hold ratings, and 1 sell rating.

Upside Potential

New Horizon Aircraft has a consensus price target of $14.50, representing about 534.6% upside from its current price of $2.29.

Amount of Analyst Coverage

New Horizon Aircraft has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for New Horizon Aircraft are expected to grow in the coming year, from ($0.60) to ($0.55) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New Horizon Aircraft is -3.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Horizon Aircraft is -3.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.76% of the float of New Horizon Aircraft has been sold short.

Short Interest Ratio / Days to Cover

New Horizon Aircraft has a short interest ratio ("days to cover") of 0.53, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in New Horizon Aircraft has recently decreased by 0.45%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

New Horizon Aircraft does not currently pay a dividend.

Dividend Growth

New Horizon Aircraft does not have a long track record of dividend growth.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

New Horizon Aircraft has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 1 news article for New Horizon Aircraft this week, compared to 1 article on an average week.

Search Interest

Only 19 people have searched for HOVR on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

7 people have added New Horizon Aircraft to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 1.1 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, New Horizon Aircraft insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.80% of the stock of New Horizon Aircraft is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

65.97% of the stock of New Horizon Aircraft is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 4/14/2026
• Today: 6/15/2026
• Investor update: 6/15/2026
• Next Earnings (Estimated): 8/28/2026
• Fiscal Year End: 5/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Aerospace
• Industry: AEROSP/DEFENSE
• Sub-Industry: Aircraft
• Current Symbol: NASDAQ:HOVR
• Previous Symbol: NASDAQ:HOVR
• CIK: 1930021
• Web: www.horizonaircraft.com
• Phone: 808-892-6611
• Fax: N/A
• Employees: 20
• Year Founded: 2013

Price Target and Rating

• Average Price Target for New Horizon Aircraft: $14.50
• High Price Target: $18.00
• Low Price Target: $11.00
• Potential Upside/Downside: +534.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.68)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $5.20 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -476.57%
• Return on Assets: -110.29%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 14.81
• Quick Ratio: 14.81

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $0.13 per share
• Price / Cash Flow: 17.79
• Book Value: ($0.12) per share
• Price / Book: -19.04

Miscellaneous

• Outstanding Shares: 56,380,000
• Free Float: 50,288,000
• Market Cap: $128.83 million
• Optionable: N/A
• Beta: 3.69