Logo image of HOVR

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

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

1.595 USD
+0.07 (+4.93%)
Last: 12/3/2025, 11:52:53 AM

HOVR Key Statistics, Chart & Performance

Key Statistics
Market Cap69.16M
Revenue(TTM)N/A
Net Income(TTM)8.62M
Shares43.36M
Float26.84M
52 Week High4.18
52 Week Low0.35
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)0.38
PE4.2
Fwd PEN/A
Earnings (Next)01-05 2026-01-05
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 60

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 1.595 USD. In the past month the price decreased by -31.84%. In the past year, price increased by 109.54%.

NEW HORIZON AIRCRAFT LTD / HOVR Daily stock chart

HOVR Latest News, Press Relases and Analysis

HOVR Competitors/Peers

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GD GENERAL DYNAMICS CORP 21.66 90.26B
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TDG TRANSDIGM GROUP INC 35.78 75.28B
LHX L3HARRIS TECHNOLOGIES INC 24.06 51.12B
HEI HEICO CORP 67.25 42.78B
AXON AXON ENTERPRISE INC 80.07 42.84B
HEI.A HEICO CORP-CLASS A 52.58 33.45B

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: 20

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 stock price of NEW HORIZON AIRCRAFT LTD today?

The current stock price of HOVR is 1.595 USD. The price increased by 4.93% in the last trading session.


Does HOVR stock pay dividends?

HOVR does not pay a dividend.


How is the ChartMill rating for NEW HORIZON AIRCRAFT LTD?

HOVR has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 2 out of 10.


What is the analyst forecast for HOVR stock?

8 analysts have analysed HOVR and the average price target is 6.34 USD. This implies a price increase of 297.38% is expected in the next year compared to the current price of 1.595.


When does NEW HORIZON AIRCRAFT LTD (HOVR) report earnings?

NEW HORIZON AIRCRAFT LTD (HOVR) will report earnings on 2026-01-05.


HOVR Technical Analysis

ChartMill assigns a technical rating of 4 / 10 to HOVR. When comparing the yearly performance of all stocks, HOVR is one of the better performing stocks in the market, outperforming 94.13% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

HOVR Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to HOVR. HOVR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

HOVR Financial Highlights

Over the last trailing twelve months HOVR reported a non-GAAP Earnings per Share(EPS) of 0.38.


Industry RankSector Rank
PM (TTM) N/A
ROA 7.06%
ROE 7.49%
Debt/Equity 0
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 297.38% is expected in the next year compared to the current price of 1.595.


Analysts
Analysts82.5
Price Target6.34 (297.49%)
EPS Next YN/A
Revenue Next YearN/A

HOVR Ownership

Ownership
Inst Owners3.9%
Ins Owners24.41%
Short Float %7.25%
Short Ratio1.29