Loading stock data…
HOVR
$2.42+0.16 (+7.08%)
Market ClosedLast close May 1
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 $2.42. The stock is currently 42% below its 52-week high of $4.18, remaining 25.4% above its 200-day moving average. Technical signals show overbought RSI of 75 and bullish MACD crossover, explaining why HOVR maintains its current momentum and trend strength. The Whystock Score of 55/100 suggests a balanced risk-reward profile.
Ecosystem Influences
Overbought levels (RSI 75) — risk of consolidation or pullback
Long-term trend bullish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
Loading Financials...
Peer Comparison
Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$2.42
Potential Upside
5%
Whystock Fair Value$2.54
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
1.71M
Recent News
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
New Horizon Aircraft: A Speculative Microcap With Take-Off Potential
New Horizon Aircraft is on track to disrupt multi-billion dollar regional air markets with its Cavorite X7 hybrid eVTOL aircraft.