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- $132.2MMarket Cap
- 6.47%1-Year Change
- Aerospace & DefenseIndustry
NEW HORIZON (HOVR)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 84
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
New Horizon Aircraft: A Speculative Microcap With Take-Off Potential
New Horizon Aircraft (HOVR) is a speculative microcap developing the Cavorite X7 eVTOL aircraft targeting longer-range regional travel (300-500 miles). The company has catalysts in 2026 including prototype completion, a $10.5M INSAT grant, and sufficient cash runway through end of 2026. Analysts forecast 450% upside, but the stock faces headwinds from lack of revenue, high valuation (55x 2035 forecast), and elevated short interest. The stock is expected to trade in a range with support at $1.25-$1.80 and resistance near $2.50.
01/16/2026, 11:17 AM • Investing
Horizon Aircraft Provides Business Update and Fourth Quarter and Full Year 2025 Results
Horizon Aircraft achieved a significant milestone with a successful fan-in-wing forward transition flight of its large-scale prototype in May 2025. The company has a strong balance sheet with 18+ months of liquidity and has attracted world-class engineering talent.
08/22/2025, 8:00 AM • GlobeNewswire
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the 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.
Key Executives
- E. Brandon Robinson
- Brian Merker
- Jason O'Neill
- E. Brian Robinson
- Stewart Lee
Current Ownership Distribution
- Other35.2M (77.81%)
- Insiders8.3M (18.30%)
- Institutions1.7M (3.75%)
- Mutual Funds59,939 (0.13%)