New Horizon Aircraft Ltd. (HOVR)
| Market Cap | 93.37M |
| Revenue (ttm) | n/a |
| Net Income | -22.27M |
| EPS | -0.63 |
| Shares Out | 44.25M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 862,829 |
| Open | 2.210 |
| Previous Close | 2.220 |
| Day's Range | 2.000 - 2.210 |
| 52-Week Range | 0.350 - 4.180 |
| Beta | 2.99 |
| Analysts | Strong Buy |
| Price Target | 6.50 (+208.06%) |
| Earnings Date | Jan 14, 2026 |
About HOVR
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. [Read more]
Analyst Summary
According to 2 analysts, the average rating for HOVR stock is "Strong Buy." The 12-month stock price target is $6.5, which is an increase of 208.06% from the latest price.
News
Horizon Aircraft Partners with RAMPF to Manufacture the Fuselage for its Aircraft
Composites manufacturing expert, RAMPF Composite Solutions, selected to build the main body of the Cavorite X7 TORONTO, ONTARIO / ACCESS Newswire / January 29, 2026 / New Horizon Aircraft Ltd. (NASDAQ...
Horizon Aircraft to Participate in Upcoming Investor Conference and Industry Trade Show
TORONTO, ONTARIO / ACCESS Newswire / January 23, 2026 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace enginee...
Horizon Aircraft Unveils Key Advances for Full-Scale Cavorite X7
Company shares updates on the Cavorite X7 design, safety, aerodynamics, and cruise performance TORONTO, ON / ACCESS Newswire / January 21, 2026 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing busines...
Horizon Aircraft Provides Business Update and Second Quarter of Fiscal 2026 Results
TORONTO, ONTARIO / ACCESS Newswire / January 14, 2026 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace enginee...
Horizon Aircraft to Provide a Business Update and Second Quarter 2026 Results on January 14, 2026 at 8:30 AM EST
Company Invites Shareholders to Submit Questions to be Answered on the Webcast TORONTO, ONTARIO / ACCESS Newswire / January 5, 2026 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon...
Serve Robotics ($SERV) | New Horizon Aircraft ($HOVR) | XCharge ($XCH) | Faraday Future ($FFAI)
Welcome to the Green Stock News brief for Friday December 5th. Here are today's top headlines: Serve Robotics (NASDAQ: SERV) is expanding its autonomous sidewalk delivery service into Fort Lauderdale,...
Horizon Aircraft Partners with Motion Applied to Advance Hybrid eVTOL's Power System
Formula 1 and electric vehicle equipment expert, Motion Applied, chosen to develop the Cavorite X7's motor drive inverter and to be a key partner through the aircraft's certification process TORONTO, ...
Horizon Aircraft Welcomes Esteemed Test Pilot-Astronaut Jameel Janjua to its Board of Directors
TORONTO, ON / ACCESS Newswire / November 26, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering...
Horizon Aircraft's VTOL Targets Flight Operations in Icing Conditions that Ground Most Helicopters
The Cavorite X7 is designed to fly safely in clouds and known icing conditions at faster speeds and lower operating costs than helicopters, aiming for undisrupted flight operations worldwide TORONTO, ...
Canadian Air Force Visits Horizon Aircraft Indicating Growing Interest in Hybrid eVTOL
Horizon Aircraft hosted Brigadier General Brendan Cook, RCAF Director General Space, Combat and Support, for a briefing on the Cavorite X7 and its potential Defence applications LINDSAY, ONTARIO / ACC...
Horizon Aircraft to Participate in November and December Conferences
TORONTO, ONTARIO / ACCESS Newswire / November 3, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace enginee...
Horizon Aircraft Awarded INSAT Grant to Help Fund $10.5 Million All-Weather eVTOL Project
Project CRYSTAL aims to develop a safe, all-weather eVTOL propulsion system that can fly in conditions that most helicopters can't TORONTO, ONTARIO / ACCESS Newswire / October 24, 2025 / New Horizon A...
New Horizon Aircraft: Why I'm Investing In This Regional Air Mobility Play
New Horizon Aircraft Ltd. is developing a hybrid eVTOL aircraft that combines the aerodynamic efficiency of an airplane with the vertical capabilities of a helicopter. The company follows a dual-use s...
Horizon Aircraft Selects Pratt & Whitney Canada's PT6A Engine for Hybrid eVTOL
The signed purchase agreement for the world-leading engine is a major step toward producing a hybrid eVTOL that will go faster, farther, and be the most efficient in the industry TORONTO, ONTARIO / AC...
Horizon Aircraft Provides Business Update and First Quarter of Fiscal 2026 Results
TORONTO, ONTARIO / ACCESS Newswire / October 10, 2025 / New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace enginee...
Horizon Aircraft to Participate in October Conferences
TORONTO, ONTARIO / ACCESS Newswire / October 7, 2025 / New Horizon Aircraft (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), an advanced aerospace engineering c...
Horizon Aircraft Provides Technical Progress Update
TORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (Nasdaq: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), an advanced aerospace engineering company and develope...
New Horizon Aircraft to Participate in Upcoming Conferences
TORONTO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), an advanced aerospace engineering company and developer...
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City, Thursday, September 4, 2025
GREENWICH, Conn., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4th.
Horizon Aircraft Provides Business Update and Fourth Quarter and Full Year 2025 Results
TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), an advanced aerospace engineering company and developer...
Horizon Aircraft Regains Compliance with Nasdaq Capital Market Listing Requirements
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and ...
Horizon Aircraft Partners with MT-Propeller for Hybrid eVTOL Propulsion
TORONTO, June 13, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and ...
Horizon Aircraft to Participate in Jefferies eVTOL/AAM Summit
TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and d...
Horizon Aircraft Welcomes Former Rolls-Royce Propulsion Expert Justin Chapman as Senior Technical Advisor
TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), an advanced aerospace engineering company and d...
Horizon Aircraft Announces Exercise of Warrants, Providing an Additional $2.7 Million in Gross Proceeds
~ Further Secures Balance Sheet, This Second Capital Infusion in Last 30 Days Totals $11.1 Million ~ TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business...