New Horizon Aircraft Ltd. (HOVR)
| Market Cap | 113.60M +21.7% |
| 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 | 354,426 |
| Open | 1.680 |
| Previous Close | 1.730 |
| Day's Range | 1.670 - 1.720 |
| 52-Week Range | 1.160 - 4.180 |
| Beta | 3.86 |
| Analysts | Strong Buy |
| Price Target | 8.29 (+387.65%) |
| 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 $8.29, which is an increase of 387.65% from the latest price.
News
Horizon Aircraft to Report First Quarter 2027 Results and Provide a Business Update on October 9, 2026
Company Invites Investors to Submit Questions to be Answered on the Webcasted Earnings Call TORONTO, ON / ACCESS Newswire / September 24, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "C...
New Horizon Aircraft Transcript: Investor update
A hybrid-electric VTOL aircraft is being developed with superior speed, range, and all-weather capability, targeting both commercial and military markets. The company maintains strong financial health, responsible capital management, and strategic partnerships, with a full-scale prototype rollout expected soon.
New Horizon Aircraft Transcript: IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026
A hybrid electric VTOL aircraft nearing prototype rollout promises twice the speed and 75% lower operating costs than helicopters, with robust all-weather capability and strong applications in medevac, defense, and business travel. Certification and production ramp-up are underway, supported by significant funding and strategic partnerships.
Horizon Aircraft to Participate in September Investment Conferences
TORONTO, ON / ACCESS Newswire / September 8, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-elec...
Horizon Aircraft appoints Tom Hearne to board of directors
New Horizon Aircraft (HOVR) announced the appointment of Tom Hearne to its Board of Directors and as Chair of the Board’s Audit Committee. Hearne succeeds Trisha Nomura, who has resigned…
Horizon Aircraft Appoints Tom Hearne to Board of Directors and Names Him Audit Committee Chair
Company to benefit from Hearne's 30 years of technology leadership, capital markets, and financial oversight experience as it advances the Cavorite X7 program TORONTO, ON / ACCESS Newswire / September...
Horizon Aircraft advances all-weather certification path for its VTOL aircraft
Horizon Aircraft (HOVR) continues to advance the all-weather certification pathway of its Cavorite X7 through the company’s ongoing partnership with Flight Centre of Excellence and anti-icing technolo...
Horizon Aircraft Advances All-Weather Certification Path with the Start of Ice Protection Technology Testing
Through its partnership with Cert Center Canada and anti-icing technologies developed by the University of Toronto, the Company progresses toward bringing an all-weather VTOL to market TORONTO, ON / A...
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...