New Horizon Aircraft Ltd. (HOVR) Stock Price & Analysis

New Horizon Aircraft Ltd. (HOVR) rose 0.00% to USD 2.26 as of June 10, 2026 at 03:04 UTC, according to Nexqual real-time market data.

HOVR last closed at USD 2.26; the session ranged USD 2.13–2.41 on volume of 1,739,856 shares. Market capitalization is $139.58M, with a 52-week range of USD 1.14–4.18 (NCM). Source: Nexqual, June 10, 2026 at 03:04 UTC.

Key Statistics (as of June 10, 2026 at 03:04 UTC)

Technical Analysis (HOVR)

Nexqual's technical model rates HOVR "BUY" based on 4 bullish and 2 bearish signals across 124 daily candles, as of June 10, 2026 at 03:04 UTC.

Analyst Ratings (HOVR)

Wall Street analysts rate HOVR "Strong Buy" based on 4 analysts, with a mean price target of USD 8.21 (range USD 3.2–17.73), per Nexqual as of June 10, 2026 at 03:04 UTC.

Earnings (HOVR)

Recent Earnings History

Source: Nexqual, June 10, 2026 at 03:04 UTC.

Financials & Fundamentals (HOVR)

Source: Nexqual, June 10, 2026 at 03:04 UTC.

Financial Health Score (HOVR)

Nexqual rates New Horizon Aircraft Ltd.'s overall financial health "Mixed" across five dimensions, as of June 10, 2026 at 03:04 UTC.

Ownership (HOVR)

Source: Nexqual, June 10, 2026 at 03:04 UTC.

Leadership (HOVR)

New Horizon Aircraft Ltd. is led by Eric Brandon Robinson (age 45), Co-founder, Chairman & CEO, per Nexqual as of June 10, 2026 at 03:04 UTC.

Major Backers & Investors (HOVR)

Notable institutional backers of New Horizon Aircraft Ltd. include Renaissance Technologies, Citadel, Jane Street Group, LLC, according to Nexqual as of June 10, 2026 at 03:04 UTC.

Active Investors

Source: Nexqual, June 10, 2026 at 03:04 UTC.

From New Horizon Aircraft Ltd.'s Latest SEC 10-K Filing (filed 2025-08-22)

Key Strengths & Strategy (as disclosed to the SEC)

• Augmenting the battery power with generator power allows us to reduce battery size, recharge the aircraft after vertical takeoff or landing, and increase safety.
• In August of 2022, Astro and Horizon agreed to unwind the deal and Horizon was sold back to its original shareholders.   After re-privatizing from Astro, Horizon successfully raised funding to support the continued development and testing of its sub-scale prototypes as well as to continue progress on the detailed design of a full-scale technical demonstrator aircraft.   Sub-Scale Prototypes   We have built many sub-scale prototype aircraft.
• We anticipate that the final production aircraft will be able to carry six (6) passengers and one (1) pilot at ranges over 500 miles and at speeds that may surpass 250 miles per hour.   7     Ducted Fan-in-Wing "HOVR Wing" Technology   Our unique HOVR Wing technology is described above and is protected by a US non-provisional utility patent.
• Any delay in the certification process could negatively impact us by requiring additional funds to be spent on the certification process and by delaying our ability to sell aircraft.   10     Marketing   Our marketing strategy is intended to build industry and consumer awareness of our technology.

Partnerships

• Our aircraft aims to offer a more efficient way to move people and goods at a regional scale (i.e., from 50 to 500 miles), help to connect remote communities, and will advance our ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, or droughts.   The product we are designing and delivering is a hybrid electric 7-seat aircraft, coined the Cavorite X7, that can take off and land vertically like a helicopter.
• Increased speed and range over pure electric VTOL regional aircraft should allow for increased versatility, able to divert to a backup airfield or vertiport, go around unexpected storms, or deal with unexpected winds that could negatively impact slower designs.

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: June 10, 2026 at 03:04 UTC. This page is informational and not investment advice.