Loading...
HOVR logo

New Horizon Aircraft Ltd.NasdaqCM:HOVR Stock Report

Market Cap US$111.4m
Share Price
US$2.56
My Fair Value
US$5.73
55.3% undervalued intrinsic discount
1Y791.8%
7D-6.8%
Portfolio Value
View

New Horizon Aircraft Ltd.

NasdaqCM:HOVR Stock Report

Market Cap: US$111.4m

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

HOVR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

HOVR Community Fair Values

Create Narrative

See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

NEOV logo
NeoVolta

The Next Phase of Energy Storage: How NeoVolta Is Tackling America’s Power Crunch

Battery storage is no longer a niche corner of clean tech. It’s emerging as the backbone of America’s energy future.

View narrative
16users have liked this narrative
4users have commented on this narrative
77users have followed this narrative
US$7.5
46.1% undervalued intrinsic discount
MarketJar Fair Value
Revenue growth
79.39% p.a.
Profit Margin
10%
Future PE
55x
Share price in 2030
US$11.38

New Horizon Aircraft Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for New Horizon Aircraft
Historical stock prices
Current Share PriceUS$2.72
52 Week HighUS$4.18
52 Week LowUS$0.25
Beta2.79
1 Month Change9.24%
3 Month Change80.13%
1 Year Change791.80%
3 Year Changen/a
5 Year Changen/a
Change since IPO-73.36%

Recent News & Updates

Recent updates

Shareholder Returns

HOVRUS Aerospace & DefenseUS Market
7D-6.8%3.5%1.0%
1Y791.8%41.4%17.5%

Return vs Industry: HOVR exceeded the US Aerospace & Defense industry which returned 41.4% over the past year.

Return vs Market: HOVR exceeded the US Market which returned 17.5% over the past year.

Price Volatility

Is HOVR's price volatile compared to industry and market?
HOVR volatility
HOVR Average Weekly Movement17.3%
Aerospace & Defense Industry Average Movement7.4%
Market Average Movement6.5%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market3.0%

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 (17%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201330Eric Robinsonwww.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

How do New Horizon Aircraft's earnings and revenue compare to its market cap?
HOVR fundamental statistics
Market capUS$111.43m
Earnings (TTM)-US$1.99m
Revenue (TTM)n/a
0.0x
P/S Ratio
-55.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HOVR income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$2.79m
Earnings-CA$2.79m

Last Reported Earnings

Aug 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.068
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did HOVR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/27 21:04
End of Day Share Price 2025/10/24 00:00
Earnings2025/08/31
Annual Earnings2025/05/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jesse SobelsonD. Boral Capital LLC.
Richard RyanOak Ridge Financial Services Group Inc.
David LavigneTrickle Research