New Horizon Aircraft Ltd. (HOVR)
| Market Cap | 108.70M +91.4% |
| Revenue (ttm) | n/a |
| Net Income | -24.25M |
| EPS | -0.63 |
| Shares Out | 61.76M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 974,878 |
| Open | 1.760 |
| Previous Close | 1.680 |
| Day's Range | 1.720 - 1.820 |
| 52-Week Range | 1.160 - 4.180 |
| Beta | 3.84 |
| Analysts | Strong Buy |
| Price Target | 8.06 (+357.96%) |
| Earnings Date | Jul 16, 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 2 analysts, the average rating for HOVR stock is "Strong Buy." The 12-month stock price target is $8.06, which is an increase of 357.96% from the latest price.
News
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.
New Horizon Aircraft Ltd. Announces Closing of $20 Million Offering of Common Shares
TORONTO, ON / ACCESS Newswire / May 11, 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 $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.
New Horizon Aircraft Earnings release: Q3 2026
New Horizon Aircraft released its Q3 2026 earnings on April 14, 2026, summarizing the period's financial results.
New Horizon Aircraft Quarterly report: Q3 2026
New Horizon Aircraft has published its Q3 2026 quarterly earnings report on April 14, 2026.
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...