NEW HORIZON AIRCRAFT LTD
HOVRNASDAQTrading Snapshot
- Day Range
- $1.67 β $1.73
- 52-Week Range
- $1.16 β $4.18
- Volume
- $4.92B
- Avg Volume
- $5.71B
- Shares Outstanding
- 66.8M
- Next Earnings
- Oct 18, 2026
Fundamentals Snapshot
- Annual Revenue
- $40M
- 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
- βHigh-growth profile β revenue up -6.3% YoY with expanding US Equity exposure.
- βHealthy economics β 35% gross margin and 14% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
NEW HORIZON AIRCRAFT LTD
HOVRAbout 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.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Ratings
βLatest News & Updates
NEW HORIZON AIRCRAFT LTD tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift HOVR price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
NEW HORIZON AIRCRAFT LTD announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.