New Horizon Aircraft Ltd. (HOVR)
| Market Cap | 118.28M +64.8% |
| Revenue (ttm) | n/a |
| Net Income | -24.01M |
| EPS | -0.56 |
| Shares Out | 66.83M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 551,103 |
| Open | 1.820 |
| Previous Close | 1.810 |
| Day's Range | 1.740 - 1.830 |
| 52-Week Range | 1.160 - 4.180 |
| Beta | 3.88 |
| Analysts | Strong Buy |
| Price Target | 8.47 (+378.53%) |
| Earnings Date | Oct 9, 2026 |
About HOVR
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It also designs and delivers 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.
Analyst Summary
According to 2 analysts, the average rating for HOVR stock is "Strong Buy." The 12-month stock price target is $8.47, which is an increase of 378.53% from the latest price.
News
Horizon Aircraft files $200M mixed securities shelf
16:33 EDT Horizon Aircraft (HOVR) files $200M mixed securities shelf
New Horizon Aircraft Registration statement: Registration filing
New Horizon Aircraft filed a registration statement on August 28, 2026, providing details about a securities offering with the SEC.
Horizon Aircraft to Participate in August Investment Conferences
TORONTO, ON / ACCESS Newswire / July 30, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric...
Horizon Aircraft secures LOI with V-Star Powered Lift Aviation
New Horizon Aircraft (HOVR) announced it has signed a Letter of Intent, LOI, with V-Star Powered Lift Aviation, an Australian-based aircraft operator specializing in advanced power-lift aircraft, to p...
Horizon Aircraft Secures LOI with V-Star Powered Lift Aviation for the Purchase of Up to 100 Hybrid eVTOLs for $600 Million
V-Star's addition of Cavorite X7 hybrid-electric VTOLs to its fleet will deliver faster, more affordable emergency air response across Australia FARNBOROUGH, GB / ACCESS Newswire / July 21, 2026 / New...
New Horizon Aircraft Earnings Call Transcript: Q4 2026
Fiscal 2026 saw a leap from prototype validation to full-scale aircraft construction, with cash reserves rising to CAD 78.3 million and major partnerships secured. The X7 hybrid VTOL targets certification by 2030, with demonstrator completion expected by spring 2027 and strong industry interest.
New Horizon Aircraft Annual report: Q4 2026
New Horizon Aircraft has published its Q4 2026 annual report on July 16, 2026.
New Horizon Aircraft Earnings release: Q4 2026
New Horizon Aircraft released its Q4 2026 earnings on July 16, 2026, summarizing the period's financial results.
Horizon Aircraft Reports Fiscal 2026 Fourth Quarter Results, Strengthens Balance Sheet to $78.3 Million, and Advances Full-Scale Cavorite X7 Development
TORONTO, ON / ACCESS Newswire / July 16, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric...
New Horizon Aircraft Slides: Investor presentation
New Horizon Aircraft has posted slides in relation to its latest quarterly earnings report, which was published on July 15, 2026.
Horizon Aircraft selects Beta Technologies software for Cavorite X7 craft
Horizon Aircraft (HOVR) has selected Beta Technologies (BETA) to supply its advanced flight control computers on the company’s full-scale hybrid-electric VTOL – Vertical Take-Off and Landing – aircraf...
Horizon Aircraft Selects BETA Technologies Advanced Flight Control Computers and Software for the Cavorite X7
BETA's advanced flight controls system will provide maximum precision, stability, safety and efficiency for Horizon Aircraft's Cavorite X7 hybrid-electric VTOL aircraft TORONTO, ON AND SOUTH BURLINGTO...
Horizon Aircraft to Report Fourth Quarter 2026 Results and Provide a Business Update on July 16, 2026
Company Invites Investors to Submit Questions to be Answered on the Webcasted Earnings Call TORONTO, ON / ACCESS Newswire / June 30, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Compan...
Horizon Aircraft's Leadership Team to Participate at Farnborough International Airshow 2026
TORONTO, ON / ACCESS Newswire / June 25, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR) announces its participation in the Farnborough International Airshow 2026,...
New Horizon Aircraft Transcript: Investor update
A hybrid-electric VTOL aircraft with patented technology is nearing full-scale prototype rollout and targets B2B markets like EMS and cargo, offering significant cost and operational advantages. Well-capitalized, the company is progressing toward certification in Canada, with strong industry partnerships and a focus on being a pure OEM.
Horizon Aircraft announces partner completed flight dynamics, control model
New Horizon Aircraft (HOVR) announces that global partner Marshall Aerospace has successfully completed a flight dynamics and control model to support the development and certification of the Company’...
Horizon Aircraft Advances Cavorite X7 Flight Model Through Partnership With Marshall Aerospace
Global aviation engineering and defense expert Marshall Aerospace supports Horizon Aircraft's hybrid eVTOL development and certification process TORONTO, ON / ACCESS Newswire / June 9, 2026 / New Hori...
Horizon Aircraft names Richard Alexendar chief engineer, Certified Programs
New Horizon Aircraft (HOVR) announces that Richard Alexander has been appointed Chief Engineer of Certified Programs of Horizon Aircraft as the Company advances its certification strategy, engineering...
Horizon Aircraft Appoints Richard Alexander as Chief Engineer of Certified Programs
Former Bombardier, Vertical Aerospace, and CAE engineering leader will help drive the development and certification of Horizon Aircraft's next-generation hybrid eVTOL TORONTO, ON / ACCESS Newswire / J...
New Horizon Aircraft Slides: Investor presentation
New Horizon Aircraft has posted slides in relation to its latest quarterly earnings report, which was published on June 4, 2026.
New Horizon Aircraft Ltd. Announces Closing of $25 Million Offering of Common Shares
TORONTO, ON / ACCESS Newswire / May 27, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric ...
New Horizon Aircraft Ltd. Announces Pricing of $25 Million Offering of Common Shares
The offering was led by the Company's largest existing U.S. institutional shareholders TORONTO, ON / ACCESS Newswire / May 26, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (N...
Horizon Aircraft advances dual-use certification path through partnership
New Horizon Aircraft (HOVR) announces that through its close, ongoing partnership with Flight Centre of Excellence the Company has advanced the dual-use certification pathway for its hybrid-electric V...
Horizon Aircraft Advances Dual-Use Certification Path Through Cert Center Canada Partnership
Cert Center Canada has streamlined Horizon Aircraft's dual-use readiness as Canada prioritizes domestic aircraft procurement to boost national security TORONTO, ON / ACCESS Newswire / May 21, 2026 / N...
New Horizon Aircraft Transcript: Sidoti Micro-Cap Virtual Conference
A hybrid-electric VTOL aircraft is nearing full-scale flight testing, offering twice the speed and five times the range of typical VTOLs, with 75% lower costs per mile. Strong interest spans EMS, logistics, and military sectors, with certification and production ramping up over the next year.