New Horizon Aircraft Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for HOVR stock has a target of 2.00, which predicts an increase of 225.20% from the current stock price of 0.62.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.00	$2.00	$2.00	$2.00
Change	+225.20%	+225.20%	+225.20%	+225.20%

* Price targets were last updated on Oct 7, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for HOVR is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '24	Dec '24
Strong Buy	1	1
Buy	0	0
Hold	0	0
Sell	0	0
Strong Sell	0	0
Total	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jesse Sobelson EF Hutton	EF Hutton	Strong Buy Initiates $2	Strong Buy	Initiates	$2	+225.20%	Oct 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

4.49M

EPS This Year

-0.19

from -0.76

EPS Next Year

-0.26

from -0.19

Fiscal Year	FY 2022	FY 2022	FY 2023	FY 2023	FY 2024	FY 2025	FY 2025	FY 2026
Period Ending	May 31, 2022	Dec 31, 2022	May 31, 2023	Dec 31, 2023	May 31, 2024	May 31, 2025	Jun 30, 2025	May 31, 2026
Revenue	-	-	-	-	-	-	4.49M	3.29M
Revenue Growth	-	-	-	-	-	-	-	-26.60%
EPS	-0.31	-	-0.17	0.55	-0.76	-0.19	-0.26	-0.20
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3	3

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2025	2026
High	n/a	4.6M	3.4M
Avg	n/a	4.5M	3.3M
Low	n/a	4.3M	3.2M

Revenue Growth

Revenue Growth	2025	2025	2026
High	-	-	-24.4%
Avg	-	-	-26.6%
Low	-	-	-29.5%

EPS Forecast

EPS	2025	2025	2026
High	-0.19	-0.26	-0.21
Avg	-0.19	-0.26	-0.20
Low	-0.18	-0.25	-0.19

EPS Growth

EPS Growth	2025	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.