HOVR

New Horizon Aircraft Ltd. is a Canada-based advanced aerospace engineering company. The Company is engaged in developing hybrid Electric Vertical Takeoff and Landing (eVTOL) aircraft. The Company’s Cavorite X7 prototype can take off vertically, but once in flight its patented HOVR wing system reverts to the configuration of a conventional airplane. It operates with up to 30% less hydrocarbon emissions. It is designed to operate in bad weather, with flight in known icing conditions. It is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The Company's Cavorite X7 range opens up a wide spectrum of uses, such as critical medical supplies to remote areas, delivery of supplies and rescue of people from post-hurricane zones, business travel/inter-city and regional shuttle, transportation to underserved remote regions, evacuation, and special events control.

Wall Street analysts forecast HOVR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HOVR is  USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

New Horizon Aircraft Ltd revenue for the last quarter amounts to -5.91M USD, increased 118.45 % YoY.

New Horizon Aircraft Ltd. EPS for the last quarter amounts to -2503000.00 USD, increased 69.69 % YoY.

New Horizon Aircraft Ltd (HOVR) has 30 emplpoyees as of January 07 2026.

Today HOVR has the market capitalization of 80.21M USD.