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HOVR
$2.48+0.25 (+11.21%)
Pre-Market$2.59+0.11 (+4.44%)· Last close May 13
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.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
New Horizon Aircraft Ltd. in the Industrials sector is trading at $2.48. Wall Street consensus targets $8.50 (5 analysts), implying a +242.9% move over the next 12 months. The stock is currently 41% below its 52-week high of $4.18, remaining 26.5% above its 200-day moving average. On fundamentals, Piotroski 4/9 shows mixed financial quality. The Whystock Score of 95/100 reflects bullish alignment across trend, valuation and analyst targets.
Ecosystem Influences
Sell-side targets imply +242.9% upside over 12 months
Long-term trend bullish (price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
Whystock Valuation Model
Sector + growth-aware fair-multiple estimate. Fair P/E = sector-anchor + (ROE × 25) + (max(revenue growth, earnings growth) × 30), capped at 1.6× sector. Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. The sector anchor (Tech ≈ 28, Comm Services ≈ 24, Utilities ≈ 18, Financials ≈ 14, etc.) keeps quality compounders from being mechanically penalized against utility multiples. Result is a normalised multiple gauge — not a price target.
Current Price$2.48
Potential Downside
0%
Whystock Fair Value$2.48
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Fundamentals
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...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$80.57M
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
High-beta play. Expect amplified moves vs. the broad market.
3.14
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Elite ROE. Management converts capital into profit efficiently.
35.94%
Volume
Today's trading volume
2.56M
Recent News
Assessing New Horizon Aircraft (HOVR) Valuation After US$19.9 Million Equity Raise For Cavorite X7 Development
Equity raise puts New Horizon Aircraft’s funding in focus New Horizon Aircraft (HOVR) has drawn fresh attention after disclosing a registered direct equity offering of 9,254,889 Class A shares at US$2.15, raising about US$19.9 million in gross proceeds. See our latest analysis for New Horizon Aircraft. Despite the equity raise and a run of recent conference appearances, the stock’s 1 day share price return of 21.7% and 7 day share price return of 2.6% contrast with a 30 day share price return...
New Horizon Aircraft Ltd (HOVR) Q3 2026 Earnings Call Highlights: Strategic Partnerships and ...
New Horizon Aircraft Ltd (HOVR) showcases robust financial health and innovative advancements in aircraft development, despite rising operating costs.
New Horizon Aircraft Q3 Earnings Call Highlights
New Horizon Aircraft (NASDAQ:HOVR) executives used the company’s fiscal third-quarter 2022 earnings call to outline progress on its Cavorite X7 hybrid-electric aircraft program, highlight newly announced manufacturing and engineering partnerships, and discuss liquidity and spending as the company mo
Hybrid eVTOLs: Fireside Chat with New Horizon Aircraft CEO Brandon Robinson
Watch Fireside Chat Below, or CLICK HERE: Tech Edge hosted a fireside chat with New Horizon Aircraft Ltd. (Nasdaq: HOVR). The event featured Brandon Robinson, co-founder and Chief Executive Officer of New Horizon Aircraft Ltd., moderated by Tech Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks in a video session that lasted 35 minutes. To watch the […]
New Horizon Aircraft Q2 Earnings Call Highlights
New Horizon Aircraft (NASDAQ:HOVR) used its fiscal second-quarter 2026 earnings call—its first as a public company—to outline its strategy for developing the hybrid-electric Cavorite X7 eVTOL aircraft, provide updates on technical milestones and partnerships, and discuss its liquidity position and s