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NEW HORIZON AIRCRAFT LTD

HOVRNASDAQ
๐Ÿ† #3394 by market capEarnings Oct 8US Equity
$2.03โ–ผ $0.01 (โˆ’0.49%)
Market closed ยท at close
1hโ€”
24hโ–ผ 0.5%
7dโ–ฒ 5.7%
14dโ–ฒ 28.1%
30dโ–ฒ 18.7%
1yโ–ฒ 20.1%
๐ŸฆMarket Cap
$136M
Small Cap
๐Ÿ“ˆRevenue Growth (YoY)
โ€”
๐Ÿ“ŠGross Margin
โ€”
๐Ÿ’ตFCF Margin
โ€”
โš–๏ธP/S Ratio
โ€”
Otter Score
61
Fair

Trading Snapshot

Day Range
$2.00 โ€“ $2.07
52-Week Range
โ€”
Volume
$4.92B
Avg Volume
$5.71B
Shares Outstanding
66.8M
Next Earnings
Aug 30, 2026

Fundamentals Snapshot

Annual Revenue
$48M
Last Q Revenue
$13M
P/E Ratio
โ€”
P/S Ratio
โ€”
EPS (TTM)
โ€”
Dividend Yield
โ€”

Why Investors Own HOVR

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

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

Financial Trends

Revenue (TTM)
$48Mโ–ผ โˆ’1.9% YoY
Gross Margin (TTM)
34.9%โ–ฒ +2.9% YoY
Operating Income (TTM)
$13Mโ–ผ โˆ’1.9% YoY
Free Cash Flow (TTM)
$7Mโ–ผ โˆ’1.9% YoY

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.

๐Ÿฆฆ

Otter Score Breakdown

โ“˜
๐Ÿ’ŽQualityโ˜…โ˜…โ˜…โ˜…โ˜…
๐Ÿš€Growthโ˜…โ˜…โ˜…โ˜…โ˜…
โš–๏ธValuationโ˜…โ˜…โ˜…โ˜…โ˜…
โšกMomentumโ˜…โ˜…โ˜…โ˜…โ˜…
Overall Score
Fair
61/100

Analyst Ratings

โ“˜
Consensus
Buy
8 analysts
Strong Buy2
Buy5
Hold1
Sell0
Strong Sell0
Ratings as of Aug 2026

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