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HOVR Stock Forecast: New Horizon Aircraft Ltd. Price Predictions for 2025

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$0.59

+0.12 (26.67%)

HOVR Stock Forecast 2025-2026

$0.59
Current Price
$18.49M
Market Cap
1 Ratings
Buy 1
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to HOVR Price Targets

+237.2%
To High Target of $1.99
+203.0%
To Median Target of $1.78
+168.8%
To Low Target of $1.58

HOVR Price Momentum

+20.4%
1 Week Change
+34.1%
1 Month Change
-61.9%
1 Year Change
-47.8%
Year-to-Date Change
-71.0%
From 52W High of $2.03
+145.4%
From 52W Low of $0.24
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Latest HOVR Stock Price Targets & Analyst Predictions

Based on our analysis of 2 Wall Street analysts, HOVR has a bullish consensus with a median price target of $1.78 (ranging from $1.58 to $1.99). Currently trading at $0.59, the median forecast implies a 203.0% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

HOVR Analyst Ratings

1
Buy
0
Hold
0
Sell

HOVR Price Target Range

Low
$1.58
Average
$1.78
High
$1.99
Current: $0.59

Latest HOVR Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for HOVR.

Date Firm Analyst Rating Change Price Target
Apr 21, 2025 D. Boral Capital Jesse Sobelson Buy Maintains $2.00
Jan 15, 2025 D. Boral Capital Jesse Sobelson Buy Maintains $2.00
Jan 8, 2025 D. Boral Capital Jesse Sobelson Buy Maintains $2.00
Dec 30, 2024 D. Boral Capital Buy Maintains $0.00
Oct 7, 2024 EF Hutton Jesse Sobelson Buy Initiates $2.00

New Horizon Aircraft Ltd. (HOVR) Competitors

The following stocks are similar to New Horizon based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

New Horizon Aircraft Ltd. (HOVR) Financial Data

New Horizon Aircraft Ltd. has a market capitalization of $18.49M with a P/E ratio of 1.7x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.

Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of +45.5%.

Valuation Metrics

Market Cap $18.49M
Enterprise Value $8.38M
P/E Ratio 1.7x
PEG Ratio 0.0x
Price/Sales 0.0x

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin 0.0%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio +49.7%
Current Ratio 7.1x
Debt/Equity 0.5x
ROE +45.5%
ROA -85.2%
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New Horizon Aircraft Ltd. logo

New Horizon Aircraft Ltd. (HOVR) Business Model

About New Horizon Aircraft Ltd.

What They Do

Designs and manufactures commercial and private aircraft.

Business Model

The company generates revenue by selling advanced aircraft to major airlines, charter services, and individual consumers. By focusing on innovation and sustainability, it aims to capture a growing market for eco-friendly aviation solutions.

Additional Information

New Horizon Aircraft Ltd. is recognized for its cutting-edge technology that enhances fuel efficiency and minimizes environmental impact, making it a key player in the aerospace industry amidst increasing demand for greener travel options.

Company Information

Sector

Industrials

Industry

Aerospace & Defense

Employees

20

CEO

Mr. E. Brandon Robinson

Country

Canada

IPO Year

2024

New Horizon Aircraft Ltd. (HOVR) Latest News & Analysis

Latest News

HOVR stock latest news image
Quick Summary

New Horizon Aircraft (NASDAQ: HOVR) announced that Justin Chapman will join as a senior advisor to enhance technical development of its hybrid-eVTOL aircraft systems.

Why It Matters

Justin Chapman's advisory role enhances Horizon Aircraft's technical capabilities, potentially accelerating product development and improving investor confidence in the company's future growth.

Source: GlobeNewsWire
Market Sentiment: Neutral
HOVR stock latest news image
Quick Summary

New Horizon Aircraft (NASDAQ: HOVR) raised approximately $2.7 million by exercising 2.5 million warrants, part of a $11.1 million capital infusion within 30 days.

Why It Matters

The additional $2.7 million enhances Horizon Aircraft's financial stability, boosting investor confidence in its growth potential in the eVTOL market.

Source: GlobeNewsWire
Market Sentiment: Neutral
HOVR stock latest news image
Quick Summary

Horizon Aircraft (NASDAQ: HOVR) announced an $8.4 million investment from a strategic investor to support its operations and development of hybrid electric eVTOL aircraft.

Why It Matters

The $8.4 million investment in Horizon Aircraft signals confidence in its eVTOL technology, enhancing operational stability and growth prospects, crucial for attracting further investments and market interest.

Source: GlobeNewsWire
Market Sentiment: Neutral
HOVR stock latest news image
Quick Summary

New Horizon Aircraft Ltd. (NASDAQ: HOVR) will participate in the 13th Annual Roth Technology Conference on November 19-20, 2024, with management available for meetings on November 20.

Why It Matters

Horizon Aircraft's participation in a prominent technology conference highlights its visibility and potential for investment interest, signaling growth opportunities in the eVTOL sector.

Source: GlobeNewsWire
Market Sentiment: Neutral
HOVR stock latest news image
Quick Summary

Horizon Aircraft (NASDAQ: HOVR) will participate in the LD Micro Main Event XVII Investor Conference from October 28-30, 2024, in Los Angeles, CA.

Why It Matters

Horizon Aircraft's participation in a prominent investor conference could signal increased visibility and interest in its eVTOL technology, potentially impacting stock performance and investor sentiment.

Source: Newsfile Corp
Market Sentiment: Neutral
HOVR stock latest news image
Quick Summary

New Horizon Aircraft Ltd. (NASDAQ: HOVR) will participate in the Japan International Aerospace Exhibition 2024 from October 16-19 in Tokyo, showcasing its hybrid electric eVTOL aircraft.

Why It Matters

Horizon Aircraft's participation in a major aerospace exhibition highlights its growth potential and innovation in the eVTOL market, attracting investor interest and potential partnerships.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About HOVR Stock

What is New Horizon Aircraft Ltd.'s (HOVR) stock forecast for 2025?

Based on our analysis of 2 Wall Street analysts, New Horizon Aircraft Ltd. (HOVR) has a median price target of $1.78. The highest price target is $1.99 and the lowest is $1.58.

Is HOVR stock a good investment in 2025?

According to current analyst ratings, HOVR has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.59. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for HOVR stock?

Wall Street analysts predict HOVR stock could reach $1.78 in the next 12 months. This represents a 203.0% increase from the current price of $0.59. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is New Horizon Aircraft Ltd.'s business model?

The company generates revenue by selling advanced aircraft to major airlines, charter services, and individual consumers. By focusing on innovation and sustainability, it aims to capture a growing market for eco-friendly aviation solutions.

What is the highest forecasted price for HOVR New Horizon Aircraft Ltd.?

The highest price target for HOVR is $1.99 from at , which represents a 237.2% increase from the current price of $0.59.

What is the lowest forecasted price for HOVR New Horizon Aircraft Ltd.?

The lowest price target for HOVR is $1.58 from at , which represents a 168.8% increase from the current price of $0.59.

What is the overall HOVR consensus from analysts for New Horizon Aircraft Ltd.?

The overall analyst consensus for HOVR is bullish. Out of 2 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $1.78.

How accurate are HOVR stock price projections?

Stock price projections, including those for New Horizon Aircraft Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: May 16, 2025 3:48 PM UTC
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