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StockVS

NASDAQ · Aerospace & Defense · USD

New Horizon Aircraft Ltd. (HOVR) Stock Analysis

New Horizon Aircraft Ltd. (HOVR) is a Aerospace & Defense stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

HOVR

$1.35

+$0.01 (+0.37%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HOVR Key Statistics

As of Oct 21, 2026
Trading
Open
$1.36
Previous Close
$1.35
Day's Range
1.34–1.37
52-Week Range
1.16–3.68
Volume
524.82K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
3.84
Valuation
Market Cap
$90.62M
P/E Ratio
unprofitable
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.40
Financials (FY)
Revenue (FY)
$0.00
Net Income (FY)
−$33.10M−736.46%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
67.12M
1-Year Return
−50.18%
Dividend and dates
Avg Volume
730.96K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, HOVR closed at $1.35, −50.18% over 1 year.

New Horizon Aircraft Ltd. (HOVR) has a market capitalization of $90.62M.

In fiscal 2025, HOVR reported revenue of $0.00.

HOVR Stock Return by Calendar Year

New Horizon Aircraft Ltd. (HOVR) return since Apr 2023: what $10,000 became

1 year
$10,000 $4,982
−50.18%
3 years
$10,000 $1,276
−87.24%
Since Apr 2023
$10,000 $1,322
−86.78%

If you had invested $10,000 in New Horizon Aircraft Ltd. (HOVR) at the close on April 3, 2023, the earliest close on record here, it would have been worth $1,322 at the close on October 21, 2026: −86.78% in total, −43.43% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−8.16%
2025+30.09%
2024−86.42%
2023 (partial year)−18.51%

As of October 21, 2026.

HOVR Revenue and Earnings by Fiscal Year

FY ends May
Fiscal yearRevenueNet incomeNet margin
2025$0.00−$33.10M—
2024$0.00$5.20M—
2023$0.00−$8.16M—
2023$0.00$8.61M—
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$0.00—−$23.47M−$33.10M—
2024$0.00—−$13.59M$5.20M—
2023$0.00—−$4.62M−$8.16M—
2023$0.00—−$1.67M$8.61M—

Annual figures as reported, in the company's reporting currency. As of May 31, 2026.

Recent News

All 13 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

New Horizon Aircraft Ltd. (HOVR) is capitalised at $90.62M on the latest close. The company sits in the Industrials sector, in the Aerospace & Defense industry. Headcount on file is 58.

The most recent close on file for HOVR is $1.35, dated October 21, 2026. That is +$0.01 (+0.37%) against the previous close. The 52-week range on file runs from $1.16 to $3.68. The latest close sits 16.38% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $0.00. The same year closed with a net loss of $33.10M. Earnings per share on a trailing basis come to −0.4.

Across the 4 fiscal years on file, revenue moves from $0.00 in 2023 to $0.00 in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published.

Beta against the wider market is reported at 3.84. Daily returns over the trailing 3 years annualize to a volatility of 147.77%. The trailing one-year total return is −50.18%. Measured over 3 years, that is −49.66% a year compounded.

Growth & Income

No dividend is on file for HOVR.

Across the complete calendar years on file, 2025 returned +30.09% and 2024 returned −86.42%. So far in 2026 the total return is −8.16%.

Peer Comparison

New Horizon Aircraft Ltd. (HOVR) operates in the Aerospace & Defense industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
New Horizon Aircraft Ltd. HOVR $90.62M —
Space Exploration Technologies Corp. SPCX $2.10T —
GE Aerospace GE $306.99B 34.9
RTX Corporation RTX $258.23B 33.7

The Aerospace & Defense industry average P/E ratio is 33.9x. New Horizon Aircraft Ltd. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It also designs and delivers 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.

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