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New Horizon Aircraft

HOVR · NASDAQ

$1.28−$0.025 (−1.92%)TodayMarket closed ·
Prev close $1.31

About HOVR

New Horizon Aircraft Ltd. engages in manufacturing aircraft. The company is headquartered in Lindsay, Ontario and currently employs 30 full-time employees. The company went IPO on 2023-02-10. The firm is engaged in designing and developing hybrid-electric vertical takeoff and landing (VTOL) prototype aircraft for future regional air mobility (RAM) networks. The firm's Cavorite X7 prototype can take off vertically, but once in flight, its patented HOVR wing system reverts to the configuration of a conventional airplane. The company operates with up to 30% less hydrocarbon emissions than conventional aircraft conducting similar operations. The company is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The firm's Cavorite X7 offers state and federal operations through search and rescue missions and supply delivery to zones affected by tornadoes, hurricanes, landslides, storms, floods, or forest fires. The company also provides shuttle and transportation services, plus time-sensitive cargo and goods delivery in underserved, remote regions.

Employees
30
Headquarters
Lindsay, Ontario
Listed
Feb 10, 2023
Sector
Industrials
Industry
Aerospace & Defense
Website
horizonaircraft.com

HOVR key statistics

Market cap
85.92M
Price-earnings ratio
0.00
Dividend yield
—
Average volume
558.70K
Volume
378.40K
Open price
$1.30
High today
$1.34
Low today
$1.28
52 Week high
$3.68
52 Week low
$1.16

New Horizon Aircraft (HOVR) at a glance

New Horizon Aircraft (HOVR) last traded at $1.28, with a market cap of 85.92M and a price-to-earnings ratio of 0.00.

Today the stock has traded between $1.28 and $1.34. The current price is 0.0% above the day's low and 4.2% below its high.

Volume so far is 378.40K shares, below the average of 558.70K shares a day.

Over the past year New Horizon Aircraft has ranged from $1.16 to $3.68, and now sits 5% of the way up that range.

New Horizon Aircraft met or beat analyst EPS estimates in 4 of the last 6 quarters. In Q3 FY26 it reported -$0.06 per share against an estimate of -$0.134.

The average analyst price target is $8.37, 554.1% above the current price, from 2 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

100%of 2 analyst ratings say Buy
  • Buy100.0%
  • Hold0.0%
  • Sell0.0%
Price target · 5 analystsAvg $8.37
Low
$3.28
Now
$1.28
High
$18.90

HOVR earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 4 of the last 6 quarters, by 40.1% on average.

  1. Q4 FY25: reported -$0.2797 per share against an estimate of -$0.081
  2. Q1 FY26: reported -$0.2895 per share against an estimate of -$0.153
  3. Q2 FY26: reported -$0.13 per share against an estimate of -$0.1734
  4. Q4 FY26: reported -$0.13 per share against an estimate of -$0.1734
  5. Q1 FY27: reported -$0.06 per share against an estimate of -$0.134
  6. Q3 FY26: reported -$0.06 per share against an estimate of -$0.134

HOVR news

  • 12 Industrials Stocks Moving In Friday's Intraday Session

  • 12 Industrials Stocks Moving In Thursday's Intraday Session

  • New Horizon Aircraft Q3 2026 Earnings Call Transcript

  • A Preview Of New Horizon Aircraft's Earnings

  • 12 Industrials Stocks Moving In Friday's After-Market Session

  • 12 Industrials Stocks Moving In Monday's After-Market Session

  • 12 Industrials Stocks Moving In Wednesday's After-Market Session

  • 12 Industrials Stocks Moving In Wednesday's After-Market Session

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.