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New Horizon Aircraft Ltd (HOVR)

New Horizon Aircraft Ltd. is an aerospace company listed on NASDAQ under the ticker HOVR. The company develops hybrid-electric vertical takeoff and landing aircraft for regional air mobility applications in the United States. Its main project is the Cavorite X7, a seven-seat hybrid-electric aircraft designed to take off and land vertically. Founded in 2013, the company is headquartered in Lindsay, Canada. As a common stock listing, HOVR represents equity in the issuer rather than a fund, debt security, or other listed instrument.


Stock Summary Fair Value Profitability & Growth Quality & Risk Events & Dividends Market Outlook FAQ

Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date Price-to-Book Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Free Cash Flow / Net Income
NASDAQ-HOVR
$2
20.5% Upside
Undervalued
$8.38
404.9% Upside
Bargain
Weak
0.0%
October 15, 2026
2.4x
111.6 M
59.612 M
0.0%
81.0%
11.8
52.8%
Valuation • Fair Value

New Horizon Aircraft Ltd (NASDAQ-HOVR) Fair Value by Valuation Model

Review the available estimates for New Horizon Aircraft Ltd (NASDAQ-HOVR), including DCF Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$2

Estimated upside of 20.5% versus the current market price.

Fair Value Confidence

Very low

Confidence level for the primary fair value estimate.

DCF Fair Value

$1.36

Discounted cash flow valuation reference.

Comps Fair Value

$2.16

Comparable-company valuation reference.

Analyst Price Target

$8.38

Analysts imply upside of 404.9%.

How to read these valuation models

Use the 5 available valuation references for New Horizon Aircraft Ltd (NASDAQ-HOVR) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for New Horizon Aircraft Ltd (NASDAQ-HOVR)

Review the profitability and growth indicators currently supported by the latest data.

Revenue Forecast

0 K

Forward revenue estimate.

EBITDA

-16.802 M

Current operating profitability reference.

EBITDA Forecast

-25.153 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review New Horizon Aircraft Ltd (NASDAQ-HOVR) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for New Horizon Aircraft Ltd (NASDAQ-HOVR)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Weak

Financial pressure deserves closer review.

Piotroski Score

2

Weak quality score that deserves closer review.

Altman Z-Score

11.8

Relatively strong balance-sheet zone.

FCF / Net Income

52.8%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for New Horizon Aircraft Ltd (NASDAQ-HOVR). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for New Horizon Aircraft Ltd (NASDAQ-HOVR)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

October 15, 2026

Days to Earnings

27

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

This section helps investors track time-sensitive items for New Horizon Aircraft Ltd (NASDAQ-HOVR), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

New Horizon Aircraft Ltd (NASDAQ-HOVR) Stock Forecast & Technical Outlook

Review New Horizon Aircraft Ltd (NASDAQ-HOVR) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Neutral

The 15-minute technical read for New Horizon Aircraft Ltd (NASDAQ-HOVR) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Neutral

The 1-hour technical read for New Horizon Aircraft Ltd (NASDAQ-HOVR) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Sell

The daily technical read for New Horizon Aircraft Ltd (NASDAQ-HOVR) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for New Horizon Aircraft Ltd (NASDAQ-HOVR) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Sell

The monthly technical read for New Horizon Aircraft Ltd (NASDAQ-HOVR) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for New Horizon Aircraft Ltd (NASDAQ-HOVR)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, New Horizon Aircraft Ltd (NASDAQ-HOVR) has a Strong Buy consensus, with 2 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 2
Hold 0
Sell 0
FAQ • Fast Investor Answers

New Horizon Aircraft Ltd (NASDAQ-HOVR) Stock FAQ

Data-supported answers about New Horizon Aircraft Ltd (NASDAQ-HOVR), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$2
Estimated upside 20.5%
Valuation Rating
Undervalued
Estimated upside of 20.5%
Analyst Target
$8.38
Implied upside 404.9%
Financial Health
Weak
Current financial-health read

The current fair value estimate for New Horizon Aircraft Ltd (NASDAQ-HOVR) is $2. This implies an estimated upside of 20.5% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 20.5% versus the current market price.

The available analyst price target for New Horizon Aircraft Ltd (NASDAQ-HOVR) is $8.38. The analyst target implies estimated upside of 404.9%.

The current financial health read for New Horizon Aircraft Ltd (NASDAQ-HOVR) is Weak. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for New Horizon Aircraft Ltd (NASDAQ-HOVR) is October 15, 2026.

The latest available data indicates no current dividend yield for New Horizon Aircraft Ltd (NASDAQ-HOVR).

The current market capitalization listed for New Horizon Aircraft Ltd is 111.6 M.

The current enterprise value listed for New Horizon Aircraft Ltd is 59.612 M. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for New Horizon Aircraft Ltd is NASDAQ-HOVR, and the stock is listed on NASDAQ.

New Horizon Aircraft Ltd (NASDAQ-HOVR) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for New Horizon Aircraft Ltd is 0.0%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for New Horizon Aircraft Ltd is 81.0%. Free float helps investors understand how much of the share base is available for public trading.

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