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

New Horizon Aircraft Ltd. (HOVR) fell 3.78% to USD 1.78 as of July 25, 2026 at 03:50 UTC, according to Nexqual real-time market data.

HOVR last closed at USD 1.85; the session ranged USD 1.76–1.87 on volume of 821,626 shares. Market capitalization is $118.95M, with a 52-week range of USD 1.16–4.18 (NCM). Source: Nexqual, July 25, 2026 at 03:50 UTC.

Key Statistics (as of July 25, 2026 at 03:50 UTC)

Technical Analysis (HOVR)

Nexqual's technical model rates HOVR "STRONG SELL" based on 0 bullish and 5 bearish signals across 125 daily candles, as of July 25, 2026 at 03:50 UTC.

Analyst Ratings (HOVR)

Wall Street analysts rate HOVR "Strong Buy" based on 4 analysts, with a mean price target of USD 8.32 (range USD 3.23–18), per Nexqual as of July 25, 2026 at 03:50 UTC.

Earnings (HOVR)

Recent Earnings History

Source: Nexqual, July 25, 2026 at 03:50 UTC.

Financials & Fundamentals (HOVR)

Source: Nexqual, July 25, 2026 at 03:50 UTC.

Financial Health Score (HOVR)

Nexqual rates New Horizon Aircraft Ltd.'s overall financial health "Mixed" across five dimensions, as of July 25, 2026 at 03:50 UTC.

Ownership (HOVR)

Source: Nexqual, July 25, 2026 at 03:50 UTC.

Leadership (HOVR)

New Horizon Aircraft Ltd. is led by Eric Brandon Robinson (age 45), Co-founder, Chairman & CEO, per Nexqual as of July 25, 2026 at 03:50 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 July 25, 2026 at 03:50 UTC.

Active Investors

Source: Nexqual, July 25, 2026 at 03:50 UTC.

From New Horizon Aircraft Ltd.'s Latest SEC 10-K Filing (filed 2026-07-16)

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.
• The experienced aircraft development team shifted to developing the unique Cavorite X-series concept, specifically a 7-person hybrid eVTOL aircraft.   Horizon successfully raised funding to support the continued development and testing of its sub-scale prototypes and is currently building 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 level, from 50 to 500 miles, help to connect remote communities, and improve our ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts.   The product we are building 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: July 25, 2026 at 03:50 UTC. This page is informational and not investment advice.