HOVRW Company Profile and Key Details

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.

The stock is currently mid-range between its 52-week high and low $0.32 and $0.51. With a market capitalization of about $80.39 million, New Horizon Aircraft Ltd. is classified as a micro-cap and shows higher-than-market volatility (beta ~4.19). Key stats such as the average daily volume over the past year has been around 66.18 thousand 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 56 people and listed since January 12, 2024. New Horizon Aircraft Ltd. is an aerospace engineering firm dedicated to the design and development of hybrid-electric vertical takeoff and landing (eVTOL) aircraft.

Average 10-day trading volume of 14.39 thousand shares is below the 3-month average of 26.40 thousand, indicating normal recent market interest.

New Horizon Aircraft Ltd. earnings surprise history is a mixed track record. The quarter that ended July 17, 2026, missed forecasts by -17.65%. The prior quarter beat by 99.72%. Over the last six quarters, Apple has recorded several small beats. These include -76.45% in August 22, 2025.

Valuation shows New Horizon Aircraft Ltd. trading at a premium to the broader market with a P/E of -2.79.

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.

New Horizon Aircraft Ltd. trades at a P/E ratio of -2.79, slightly below the S&P 500 average, with a price-to-sales ratio of 0.0 and a price-to-book ratio of 1.0 suggesting the stock is closer to book value. The P/FCF stands at -6.71, also below market averages.