HOVR Company Profile and Key Details

HOVR has shown mixed momentum, gaining 2.33% over the past week and -24.4% over the past quarter, though year-to-date performance is up 49.66%. Short-term trend indicators are mixed aligned (SMA20 9.65%, SMA50 7.14%, SMA200 11.66%). The stock’s 14-day RSI is 55.59 (neutral), while the ATR of 0.17 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -51.2% below its high and over 482.86% above its low. Average 10-day trading volume of 584.99 thousand shares is below the 3-month average of 1.05 million, indicating normal recent market interest.

New Horizon Aircraft Ltd has 66.83 million shares outstanding. The public float is 54.10 million shares, elevated short interest at 5.04% of float. This equals 2.94 million shares. The short ratio is 2.33 days. Institutional investors hold 3.2% of the float. Insiders own 20.51%. Robinson Eric Brandon holds 1.37 million shares, Shindo Dustin M has 1.31 million shares and O'Neill Jason Michael has 321.60 thousand shares.

Analyst sentiment is bullish. Analyst rating data shows there are 0 Strong Buy ratings, 7 Buy ratings, 0 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $18.00 to $11.00. The high target offers 984.34% upside. The low target suggests 562.65% downside. The mean target is $12.00. This offers 622.89% upside. New Horizon Aircraft Ltd earnings surprise history is a consistent trend of beating forecasts. The quarter that ended July 16, 2026, missed forecasts by -21.07%. The prior quarter beat by 33.33%. Over the last six quarters, Apple has recorded several small beats. These include 76.62% in April 14, 2025.

New Horizon Aircraft Ltd (NASDAQ:HOVR) closed at $1.66 USD, gaining $0.04 (2.47%) from the previous close of $1.62. The stock is currently mid-range between its 52-week high and low $1.16 and $4.18. With a market capitalization of about $110.93 million, New Horizon Aircraft Ltd is classified as a micro-cap and shows higher-than-market volatility (beta ~3.86). Key stats such as the average daily volume over the past year has been around 1.06 million shares, volume is running light vs its 52-week average. Headquartered in Lindsay, ON, New Horizon Aircraft Ltd operates in the Industrials sector and the Aerospace & Defense industry. Led by CEO Brandon E. Robinson, the company employs approximately 58 people and listed since April 03, 2023. 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.

New Horizon Aircraft Ltd trades at a P/E ratio of -2.81, slightly below the S&P 500 average, with a price-to-sales ratio of 0.0 and a price-to-book ratio of 1.01 suggesting the stock is closer to book value. The P/FCF stands at -6.75, also below market averages.

New Horizon Aircraft Ltd last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $1.81. This means the shares are trading below this model’s fair value.

Our AI price prediction model suggests that New Horizon Aircraft Ltd stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -12.65%, with price expected at $1.45 by September 25, 2026, within a range of $1.37 to $1.54 3-Month Outlook: Projected fall of -34.34%, reaching $1.09 by December 10, 2026, with a range of $0.96 to $1.21. 1-Year Outlook: Projected gain of 405.42%, with price at $8.39 by September 10, 2027, within a range of $4.42 to $9.78.

New Horizon Aircraft Ltd (NASDAQ:HOVR) shares are up 49.66% year-to-date currently trading near 52-week highs band. Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows New Horizon Aircraft Ltd trading at a premium to the broader market with a P/E of -2.81. Analyst sentiment is bullish, with the majority of ratings in Buy territory and a mean price target of $7.83, suggesting 371.69% upside. Our AI forecast model points to short-term weakness (-12.65% over two weeks), a medium-term fall (-34.34% over three months), and a longer-term gain (405.42% over one year), with expected trading ranges indicating moderate volatility.