New Horizon Aircraft (HOVR) Stock Overview
An aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
HOVR Community Fair Values
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Analyst Price Targets
Top Community Narratives
New Horizon Aircraft Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.39 |
| 52 Week High | US$4.18 |
| 52 Week Low | US$0.80 |
| Beta | 3.62 |
| 1 Month Change | 36.29% |
| 3 Month Change | 21.68% |
| 1 Year Change | 164.97% |
| 3 Year Change | -76.93% |
| 5 Year Change | n/a |
| Change since IPO | -76.64% |
Recent News & Updates
A High-Risk Bet on Practical Hybrid eVTOL
Rating: Speculative / Venture-style public equity Style: Pre-revenue aerospace development story Core debate: Is Horizon Aircraft a differentiated eVTOL platform with a more practical mission profile than many peers, or is it still too early, too capital-intensive, and too uncertain to justify meaningful equity upside today? Executive view Horizon Aircraft is not an established aerospace manufacturer.
Hybrid Electric VTOL Cost Advantage And Defense Support Will Drive Strong Long Term Potential
Catalysts About New Horizon Aircraft New Horizon Aircraft is developing the Cavorite X7 hybrid electric VTOL aircraft for commercial and defense operators. What are the underlying business or industry changes driving this perspective?Recent updates
A High-Risk Bet on Practical Hybrid eVTOL
Rating: Speculative / Venture-style public equity Style: Pre-revenue aerospace development story Core debate: Is Horizon Aircraft a differentiated eVTOL platform with a more practical mission profile than many peers, or is it still too early, too capital-intensive, and too uncertain to justify meaningful equity upside today? Executive view Horizon Aircraft is not an established aerospace manufacturer.Hybrid Electric VTOL Cost Advantage And Defense Support Will Drive Strong Long Term Potential
Catalysts About New Horizon Aircraft New Horizon Aircraft is developing the Cavorite X7 hybrid electric VTOL aircraft for commercial and defense operators. What are the underlying business or industry changes driving this perspective?
Execution And Funding Risks Will Shape Hybrid Electric VTOL Prospects Over The Long Term
Catalysts About New Horizon Aircraft New Horizon Aircraft develops the Cavorite X7, a hybrid electric VTOL aircraft aimed at commercial and defense missions over regional distances. What are the underlying business or industry changes driving this perspective?We're Hopeful That New Horizon Aircraft (NASDAQ:HOVR) Will Use Its Cash Wisely
We can readily understand why investors are attracted to unprofitable companies. For example, New Horizon Aircraft...Shareholder Returns
| HOVR | US Aerospace & Defense | US Market | |
|---|---|---|---|
| 7D | -3.8% | -1.0% | -0.3% |
| 1Y | 165.0% | 29.1% | 26.7% |
Return vs Industry: HOVR exceeded the US Aerospace & Defense industry which returned 24.5% over the past year.
Return vs Market: HOVR exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| HOVR volatility | |
|---|---|
| HOVR Average Weekly Movement | 16.5% |
| Aerospace & Defense Industry Average Movement | 9.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: HOVR's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: HOVR's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 30 | Eric Robinson | www.horizonaircraft.com |
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the 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.
New Horizon Aircraft Ltd. Fundamentals Summary
| HOVR fundamental statistics | |
|---|---|
| Market cap | US$130.03m |
| Earnings (TTM) | -US$24.06m |
| Revenue (TTM) | n/a |
Is HOVR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HOVR income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$33.06m |
| Earnings | -CA$33.06m |
Last Reported Earnings
Feb 28, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.61 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did HOVR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/20 11:13 |
| End of Day Share Price | 2026/05/20 00:00 |
| Earnings | 2026/02/28 |
| Annual Earnings | 2025/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
New Horizon Aircraft Ltd. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jesse Sobelson | D. Boral Capital LLC. |
| Jason Kolbert | D. Boral Capital LLC. |
| Joshua Sullivan | JonesTrading Institutional Services, LLC |