Logo image of HOVR

NEW HORIZON AIRCRAFT LTD (HOVR) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:HOVR - CA64550A1075 - Common Stock

2.13 USD
+0.28 (+15.14%)
Last: 1/7/2026, 6:23:25 PM
2.225 USD
+0.1 (+4.46%)
After Hours: 1/7/2026, 6:23:25 PM

HOVR Key Statistics, Chart & Performance

Key Statistics
Market Cap92.36M
Revenue(TTM)N/A
Net Income(TTM)N/A
Shares43.36M
Float26.84M
52 Week High4.18
52 Week Low0.35
Yearly DividendN/A
Dividend Yield0%
EPS(TTM)N/A
PEN/A
Fwd PEN/A
Earnings (Next)04-07 2026-04-07
IPO2023-02-10
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
GICS IndustryGroupCapital Goods
GICS SubIndustryAerospace & Defense


HOVR short term performance overview.The bars show the price performance of HOVR in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 20 -20 40

HOVR long term performance overview.The bars show the price performance of HOVR in the last 1, 2 and 3 years. 1 year 2 years 3 years 20 40 60 80 100

The current stock price of HOVR is 2.13 USD. In the past month the price increased by 18.33%. In the past year, price increased by 110.89%.

NEW HORIZON AIRCRAFT LTD / HOVR Daily stock chart

HOVR Competitors/Peers

The largest stocks on the US markets in the "Aerospace & Defense" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
GE GENERAL ELECTRIC 52.8 341.38B
RTX RTX CORP 29.62 249.02B
BA BOEING CO/THE N/A 173.39B
LMT LOCKHEED MARTIN CORP 17.02 114.98B
GD GENERAL DYNAMICS CORP 22.4 93.36B
NOC NORTHROP GRUMMAN CORP 21.19 82.35B
HWM HOWMET AEROSPACE INC 60.95 84.79B
TDG TRANSDIGM GROUP INC 37.08 78.02B
LHX L3HARRIS TECHNOLOGIES INC 27.27 57.94B
AXON AXON ENTERPRISE INC 91.58 49.00B
HEI HEICO CORP 71.47 48.85B
RKLB ROCKET LAB CORP N/A 44.91B

About HOVR

Company Profile

HOVR logo image 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 developing hybrid Electric Vertical Takeoff and Landing (eVTOL) aircraft. The Company’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. The company is designed to operate in bad weather, with flight in known icing conditions. The company is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The firm's Cavorite X7 range opens up a wide spectrum of uses, such as critical medical supplies to remote areas, delivery of supplies and rescue of people from post-hurricane zones, business travel/inter-city and regional shuttle, transportation to underserved remote regions, evacuation, and special events control.

Company Info

NEW HORIZON AIRCRAFT LTD

3187 Highway 35

Lindsay ONTARIO CA

Employees: 30

HOVR Company Website

HOVR Investor Relations

Phone: 16138661935

NEW HORIZON AIRCRAFT LTD / HOVR FAQ

What does HOVR do?

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 developing hybrid Electric Vertical Takeoff and Landing (eVTOL) aircraft. The Company’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. The company is designed to operate in bad weather, with flight in known icing conditions. The company is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The firm's Cavorite X7 range opens up a wide spectrum of uses, such as critical medical supplies to remote areas, delivery of supplies and rescue of people from post-hurricane zones, business travel/inter-city and regional shuttle, transportation to underserved remote regions, evacuation, and special events control.


What is the current price of HOVR stock?

The current stock price of HOVR is 2.13 USD. The price increased by 15.14% in the last trading session.


Does HOVR stock pay dividends?

HOVR does not pay a dividend.


What is the ChartMill rating of NEW HORIZON AIRCRAFT LTD stock?

HOVR has a ChartMill Technical rating of 6 out of 10 and a ChartMill Fundamental rating of 0 out of 10.


What sector and industry does NEW HORIZON AIRCRAFT LTD belong to?

NEW HORIZON AIRCRAFT LTD (HOVR) operates in the Industrials sector and the Aerospace & Defense industry.


What is the outstanding short interest for NEW HORIZON AIRCRAFT LTD?

The outstanding short interest for NEW HORIZON AIRCRAFT LTD (HOVR) is 9.27% of its float.


HOVR Technical Analysis

ChartMill assigns a technical rating of 6 / 10 to HOVR. When comparing the yearly performance of all stocks, HOVR is one of the better performing stocks in the market, outperforming 91.38% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

HOVR Financial Highlights


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity N/A
Chartmill High Growth Momentum
EPS Q2Q%N/A
Sales Q2Q%N/A
EPS 1Y (TTM)N/A
Revenue 1Y (TTM)N/A

HOVR Forecast & Estimates

8 analysts have analysed HOVR and the average price target is 6.34 USD. This implies a price increase of 197.57% is expected in the next year compared to the current price of 2.13.


Analysts
Analysts82.5
Price Target6.34 (197.65%)
EPS Next YN/A
Revenue Next YearN/A

HOVR Ownership

Ownership
Inst Owners4.15%
Ins Owners22.08%
Short Float %9.27%
Short Ratio2.51