New Horizon Aircraft Ltd. (HOVR)
| Market Cap | 108.18M +577.2% |
| Revenue (ttm) | n/a |
| Net Income | -24.25M |
| EPS | -0.63 |
| Shares Out | 45.26M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,074,127 |
| Open | 2.320 |
| Previous Close | 2.200 |
| Day's Range | 2.145 - 2.480 |
| 52-Week Range | 0.450 - 4.180 |
| Beta | 3.62 |
| Analysts | Strong Buy |
| Price Target | 10.33 (+332.22%) |
| Earnings Date | Apr 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.
Analyst Summary
According to 3 analysts, the average rating for HOVR stock is "Strong Buy." The 12-month stock price target is $10.33, which is an increase of 332.22% from the latest price.
News
New Horizon Aircraft Ltd. Announces Pricing of $20 Million Offering of Common Shares
TORONTO, ON / ACCESS Newswire / May 6, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric V...
Horizon Aircraft to Participate in Upcoming Events
TORONTO, ON / ACCESS Newswire / April 29, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electri...
New Horizon Aircraft Earnings Call Transcript: Q3 2026
Hybrid-electric aircraft development is on track, with a full-scale prototype expected by year-end and strong strategic partnerships in place. Operating costs are projected to be up to 75% lower than peers, supported by $20 million in cash and non-dilutive funding.
Horizon Aircraft Reports Results for Third Quarter of Fiscal Year 2026 and Provides Business Update
TORONTO, ON / ACCESS Newswire / April 14, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electri...
Horizon Aircraft enters agreement with MHIRJ
New Horizon Aircraft (HOVR) announces its agreement with MHI RJ Aviation Group, MHIRJ, a subsidiary of Mitsubishi Heavy Industries (MHVYF). This collaboration aims to support the ongoing development o...
Horizon Aircraft and MHIRJ Join Forces to Advance Regional Air Mobility
Promising collaboration with MHI RJ Aviation Group (MHIRJ) will advance the development of the Cavorite X7 through specialist engineering services and deep regional aviation expertise TORONTO, ON / AC...
Horizon Aircraft to Report Third Quarter 2026 Results and Provide a Business Update on April 14, 2026
Company Invites Investors to Submit Questions to be Answered on the Webcasted Earnings Call TORONTO, ON / ACCESS Newswire / March 31, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Compa...
Horizon Aircraft says Cavorite X7 to deliver cost efficiency vs. helicopters
New Horizon Aircraft (HOVR) Ltd. announce dthat its hybrid-electric VTOL aircraft, the Cavorite X7, is forecasted to operate up to 75% more cost efficiently compared to conventional helicopters on a
Horizon Aircraft's Unique VTOL Delivers Up to 75% Lower Operating Costs Than Helicopters
The Cavorite X7's Low Projected Operating Cost Has Been Verified by a Leading Independent Audit Firm TORONTO, ON / ACCESS Newswire / March 5, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or th...
Horizon Aircraft to Participate in Upcoming Industry Events
TORONTO, ONTARIO / ACCESS Newswire / February 27, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR) announces that management of the Company will participate in the ...
Horizon Aircraft initiated with a Buy at JonesResearch
JonesResearch initiated coverage of Horizon Aircraft (HOVR) with a Buy rating and $18 price target
Horizon Aircraft enters partnership with North Aircraft Industries
New Horizon Aircraft (HOVR) announces a partnership with North Aircraft Industries to manufacture and test the custom-engineered wings for the Company’s full-scale VTOL aircraft, the Cavorite X7. Nort...
Horizon Aircraft Partners with North Aircraft Industries to Manufacture the Wings for the Cavorite X7
North Aircraft Industries selected for proven complex aerospace composite manufacturing, engineering, and testing capabilities TORONTO, ONTARIO / ACCESS Newswire / February 10, 2026 / New Horizon Airc...
Horizon Aircraft partners with RAMPF to manufacture fuselage
New Horizon Aircraft (HOVR) has partnered with RAMPF Composite Solutions to manufacture the fuselage for the Cavorite X7. With deep experience supporting aerospace and defense customers, RAMPF will ma...
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 announces advances for full-scale Cavorite X7
New Horizon Aircraft (HOVR) shares technical updates on the Cavorite X7 that elevate safety, aerodynamics, and cruise performance. Following the transition flight of its large-scale prototype in May 2...
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...
New Horizon Aircraft Earnings Call Transcript: Q2 2026
Strong liquidity and strategic partnerships support rapid development of a hybrid-electric eVTOL, with the X7 targeting all-weather, long-range missions and projected seat-mile costs far below industry peers. Certification and prototype milestones are on track for 2026–2027.
Horizon Aircraft reports Q2 EPS (21c) vs. 80c last year
Brandon Robinson, Co-Founder and CEO of Horizon Aircraft (HOVR), commented, “The progress achieved during the second quarter of fiscal 2026 provides strong momentum toward completing our full-scale ai...
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)
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Horizon Aircraft enters partnership with Motion Applied
New Horizon Aircraft (HOVR) has partnered with Motion Applied. Motion Applied will design and manufacture a customized motor drive inverter for the Company’s hybrid-electric VTOL, the Cavorite X7, ena...
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, ...