Company Overview
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.
Why Investors Should Care
Carries low leverage with a debt-to-equity ratio of 0.10.
Growth & Price Performance
Stock Price Performance
| 1 Year: | +2.47% |
| 6 Months: | -10.75% |
| 3 Months: | -26.55% |
| 1 Month: | -17.41% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)39.01 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
No notable strengths flagged.
CONS
- Trading 57.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HOVR New Horizon Aircraft Ltd. DEFENCE | 1.66 | -3.02 | $110.93M | 0.00% | -2.08% | -89.81% | - | - |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 153.47 | -139.52 | $1.16T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 822.48 | 35.47 | $378.07B | 0.79% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 334.91 | 39.40 | $347.49B | 0.60% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 198.81 | 35.06 | $267.95B | 1.51% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 971.31 | 27.86 | $258.69B | 0.22% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 680.73 | 37.88 | $183.54B | 0.95% | 12.53% | 18.24% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 288.45 | 23.38 | $171.36B | 2.01% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 210.73 | 75.80 | $166.43B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2022 | Aug 2022 | Sep 2022 | Nov 2022 | Feb 2023 | Mar 2023 | Jun 2023 | Aug 2023 | Sep 2023 | Nov 2023 | Feb 2024 | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Feb 2026 | May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.05M | 5.91M | 5.12M | 7.59M | 4.85M |
| Operating Income | -1.09K | - | -1.42K | - | -293.00K | -130.27K | -295.82K | - | -612.47K | - | -1.26M | - | - | -4.05M | -5.91M | -5.12M | -7.59M | -4.85M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.01M | -5.86M | -5.06M | -7.51M | -4.74M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.61M | -10.90M | -8.65M | -6.90M | -6.64M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 |
| Net Income | -1.09K | -150.00K | -1.42K | -385.00K | -269.00K | 499.41B | 1.12M | -416.00K | 112.66K | -740.00K | -5.31M | - | - | -6.61M | -10.90M | -8.65M | -6.90M | -6.64M |
| Diluted EPS | - | - | - | - | -0.04 | - | - | - | - | - | -0.45 | 0.80 | -0.17 | - | -0.29 | -0.21 | -0.16 | - |
| R&D Expense | - | - | - | - | 138.00K | - | - | - | - | - | 270.00K | - | - | - | - | - | - | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2023 |
|---|---|
| Operating Income | -1.67M |
| Net Income | 8.61M |
Balance Sheet (Annual)
Figures in USD.
| Metric | May 2022 | Dec 2022 | May 2023 | Dec 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|
| Total Assets | - | - | - | 122.08M | 4.94M | 8.41M | 83.80M |
| Current Assets | - | - | - | 121.77K | 4.66M | 8.17M | 82.85M |
| Cash & Equivalents | - | - | - | 16.14K | 1.82M | 7.55M | 78.28M |
| Inventory | - | - | - | - | - | - | - |
| Receivables | - | - | 15.00K | - | 417.00K | 96.00K | 798.00K |
| Total Liabilities | - | - | - | 7.09M | 22.88M | 5.82M | 12.69M |
| Current Liabilities | - | - | - | 986.16K | 1.33M | 1.33M | 3.64M |
| Long Term Debt | 1.98M | - | 263.13K | - | - | - | - |
| Total Debt | - | - | - | 175.00K | 74.00K | 30.00K | 72.00K |
| Total Equity | - | - | - | 115.00M | -17.93M | 2.59M | 71.11M |
| Shares Outstanding | - | - | - | 16.69M | 18.61M | 32.33M | 61.76M |
Cash Flows (Annual)
Figures in USD.
| Metric | May 2022 | May 2023 | Dec 2023 | May 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | -2.12M | -3.31M | -9.31M | -16.49M |
| Investing Cash Flow | - | - | -116.75M | -209.00K | -142.00K | -967.00K |
| Financing Cash Flow | - | - | 118.80M | 5.11M | 15.19M | 88.19M |
| Capital Expenditure | - | -77.21K | - | -209.00K | -142.00K | -967.00K |
| Free Cash Flow | - | - | -2.12M | -3.52M | -9.45M | -17.46M |
| Net Change in Cash | - | - | -72.14K | 1.59M | 5.73M | 70.73M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2023 |
|---|---|
| Gross Margin % | - |
| Operating Margin % | - |
| Net Margin % | - |
| ROE % | 7.5% |
| ROCE % | -1.4% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Alyeska Investment Group, L.p. | 2.96% | 1.99M | $3.30M |
| 2 | Marshall Wace LLP | 1.21% | 813.61K | $1.35M |
| 3 | Citadel Advisors Llc | 0.73% | 492.87K | $818.15K |
| 4 | Renaissance Technologies, LLC | 0.67% | 450.66K | $748.09K |
| 5 | Jane Street Group, LLC | 0.38% | 255.92K | $424.82K |
| 6 | Cerity Partners LLC | 0.30% | 200.00K | $332.00K |
| 7 | GSA Capital Partners LLP | 0.07% | 49.70K | $82.51K |
| 8 | Saxon Interests, Inc. | 0.07% | 50.00K | $83.00K |
| 9 | Gabelli Funds, LLC | 0.05% | 33.63K | $55.83K |
| 10 | UBS Group AG | 0.05% | 33.45K | $55.53K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for HOVR
A vertical-takeoff plane’s developer joins two September conferences - Stock Titan
<a href="https://news.google.com/rss/articles/CBMirwFBVV95cUxPX3g4OWZLdUNRNmQxZTZ2dlFUblY2N0hNdUVFc19OSlhyQlF6dVAzdTE2OEx5NmNzVXVWbDR5RWtPMFJpVUE2cm90aGxGd1cyRF9DMmstdVhyUEhxc0J5YTE0ZXNFMWNtZm1YQzBCTktUQThrVmw5MDU2cDM1emY3b0hqckV2Tm13QnpsUG…
NEW HORIZON AIRCRAFT ($HOVR) Releases Q4 2026 Earnings | HOVR Stock News - Quiver Quantitative
<a href="https://news.google.com/rss/articles/CBMikAFBVV95cUxQX0w3WENoU0E2TnlQNWIzZkRvTWVwNUYtWUZkMXotNThrSjZ4VU94amtWck4zTzlURzdJRkVzUXc3SkJHZmZHcjFRQjFaXy1uT2JlTi1JUm5Bc0t2LWtkSmlHcGpuV2VHcnlTUDhYN1Z3eU12UmpiUTNCWHBmd1dSNUxzYWtNNVA3amhlQz…
Assessing New Horizon Aircraft (HOVR) Valuation After Dual Use Certification Progress For Cavorite X7 - finance.yahoo.com
<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxON1pKYU5vOGJCYTRqNFptYlVlei0za3lCc1lNQWZGcmxiUnFxalduTk9CQ2g2cmRTTVlRamE4dmYyY0tGN19pUW1wQ3BKOWxwTTZ3c3k0bVdTMmFXeGVkcGVTLXk3b2pEWHVqY2w2bFJqS1FqYnBBR3BlSi1jZ3hfUXduVHJYam81bmpNdz…
Horizon Aircraft stock gains on flight model completion - Investing.com
<a href="https://news.google.com/rss/articles/CBMiuAFBVV95cUxPNC1OcVpsendLWVZSV1FVcmY3anU0ajZDbWZta1RFdllEQVNKUnNUNHRkMnJGOEtaUm9ONnhDcDFSem9OaEh2ZHAyenpPUDdKYWpsM2RxZ1NOR1M1X0RNY0ppbk1CTFFTR2Jna2VPX0F2T3BsY1Y0cnF6VXdpMGt5YmgxWURJX2R6ZGJJM0…
A tech executive with more than 30 years’ experience joins Horizon Aircraft’s board - Stock Titan
<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxOSEo4X1N6MnRyNDFxNlBqMDBUcFNsT0VmV2F2ZnJWWnhUTUgyRXBmRl9ZcVlLNlFWLUstMUhad1FLcVFHOXllU0RqWnBRaUpkRkl3a1dHQUcxNkRKQ3hsUTVxT05XVmZ6bWFxcWZJbVdTZm5OOUIyaHZBRlhKaEk0WGFQb0FSR3pZM0c0SX…
Does New Horizon Aircraft’s (HOVR) Discounted Equity Raise Recast Its Funding Strength or Dilution Risk? - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi3AFBVV95cUxOaG5LTkFhS0dweTZNSk4wM1RVRXVEN3puZ2dYTm5ma0k4NTRxZUFMR1pJeGNkV2ZkOE84OWJPN3BSdHl1eWJCTlNYVlRWQU1EVkZ0cXN4aEhDNVF5MEhzX1FpTC1WRk1VMzRCRTJwT0xRbm9ZSjdTWEFOM2ktR2t6aFpPYWc0QVctc2NpN0…
HOVR — Frequently Asked Questions
What is the current share price of New Horizon Aircraft Ltd. (HOVR)?
As of 2026-09-19 21:16 PDT, New Horizon Aircraft Ltd. (HOVR) trades at $1.66 on NasdaqCM. Its 52-week range is $1.20 to $3.91.
What is the market capitalisation of HOVR?
New Horizon Aircraft Ltd. (HOVR) has a market capitalisation of $110.93M on NasdaqCM.
What is the P/E ratio of HOVR?
HOVR trades at a trailing price-to-earnings (P/E) ratio of -3.02. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 2.18.
What is the return on equity (ROE) of HOVR?
HOVR has a return on equity (ROE) of -89.81%. Its return on capital employed (ROCE) is -2.08%.
Is HOVR a good stock to buy?
This page provides a data-driven analysis of New Horizon Aircraft Ltd. (HOVR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.