HOVR logo

NEW HORIZON AIRCRAFT LTD

HOVRNASDAQ
πŸ† #4036 by market capEarnings Oct 9US Equity
$1.70β–² $0.00 (+0.00%)
πŸŒ… Pre-market$1.74β–² 2.35%Regular close Β· extended-hours price shown
πŸ””
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24hβ–² 0.0%
7dβ–² 0.6%
14dβ–² 4.9%
30dβ–² 2.4%
ytdβ–² 16.8%
1yβ–Ό 32.7%
🏦Market Cap
$114M
Small Cap
πŸ“ˆRevenue Growth (YoY)
+0.0%
Slowing
πŸ“ŠGross Margin
0.0%
Thin
πŸ’΅FCF Margin
0.0%
Thin
βš–οΈP/S Ratio
0.0x
Cheap
Otter Score
68
Fair

Trading Snapshot

Day Range
$1.67 – $1.73
52-Week Range
$1.16 – $4.18
Volume
$4.92B
Avg Volume
$5.71B
Shares Outstanding
66.8M
Next Earnings
Oct 18, 2026

Fundamentals Snapshot

Annual Revenue
$41M
Last Q Revenue
$11M
P/E Ratio
-2.9
P/S Ratio
0.0x
EPS (TTM)
$-0.77
Dividend Yield
0.00%
Dilution (1yr)
+2.3%

Why Investors Own HOVR

  • βœ“High-growth profile β€” revenue up -6.3% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 35% gross margin and 14% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

HOVR logo

NEW HORIZON AIRCRAFT LTD

HOVR
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$0β–² +0.0% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
βˆ’$32Mβ–² +138.6% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
βˆ’$24Mβ–² +85.9% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
43.0Mβ–² +2.3% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$108Mβ–² +$84M YoY
StockOtter Β· stockotter.space

About NEW HORIZON AIRCRAFT LTD

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.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
68/100

Analyst Ratings

β“˜
Consensus
Buy
8 analysts
Strong Buy2
Buy5
Hold1
Sell0
Strong Sell0
Ratings as of Sep 2026

Latest News & Updates

AccesswireΒ·1d ago

Horizon Aircraft Signs LOI with Great Lakes Helicopter for Cavorite X7 Maintenance and Pilot Training

Great Lakes Helicopter to support Cavorite X7 commercialization through maintenance, repair and overhaul services, pilot training, and aircraft purchases TORONTO, ON / ACCESS Newswire / September 29, 2026 / New Horizon A

AccesswireΒ·6d ago

Horizon Aircraft to Report First Quarter 2027 Results and Provide a Business Update on October 9, 2026

Company Invites Investors to Submit Questions to be Answered on the Webcasted Earnings Call TORONTO, ON / ACCESS Newswire / September 24, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOV

Seeking AlphaΒ·6d ago

New Horizon Aircraft Ltd. (HOVR) Discusses Development of Vertical Take-Off Aircraft with Enhanced Range and Weather Capabilities Transcript

New Horizon Aircraft Ltd. (HOVR) Discusses Development of Vertical Take-Off Aircraft with Enhanced Range and Weather Capabilities Transcript

Seeking AlphaΒ·14d ago

New Horizon Aircraft Ltd. (HOVR) Presents at IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026 Transcript

New Horizon Aircraft Ltd. (HOVR) Presents at IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026 Transcript

AccesswireΒ·22d ago

Horizon Aircraft to Participate in September Investment Conferences

TORONTO, ON / ACCESS Newswire / September 8, 2026 / New Horizon Aircraft Ltd. ("Horizon Aircraft" or the "Company") (NASDAQ:HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeof

AccesswireΒ·26d ago

Horizon Aircraft Appoints Tom Hearne to Board of Directors and Names Him Audit Committee Chair

Company to benefit from Hearne's 30 years of technology leadership, capital markets, and financial oversight experience as it advances the Cavorite X7 program TORONTO, ON / ACCESS Newswire / September 4, 2026 / New Horiz