HOVRHOVRIndustrials · Aerospace & Defense

HOVR Stock Forecast: New Horizon Aircraft Ltd. Price Predictions for 2026-2027

Last close, 3 Aug 2026
$1.78
+3.49% on the day

The 2 Wall Street analysts covering New Horizon Aircraft Ltd. hold a median 12-month price target of $6.04 — +239.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 19 of 100 as at 1 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$114.9M
Ticker Nerd rank
19 / 100
Median analyst target
$6.04
Analysts covering
2
Total return, dividends reinvested
1W
−3.8%
1M
−8.2%
YTD
+21.1%
1Y
+26.2%
From 52W high
−54.5%
From 52W low
+48.3%
$1.20
$3.91
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

HOVR stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores New Horizon Aircraft Ltd. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 1 Aug 2026
19 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Size
74
Revisions
74
Accruals
62
Momentum
39
Volatility
25
Issuance
18
Quality
9
Value
8
Growth
6

Size (74): Smaller than most of the companies we track.

Growth (6): Sales and profits are flat, shrinking, or growing more slowly than they were.

The rank is the raw material. Whether the rules would actually own New Horizon Aircraft Ltd. — and when they’d sell — is the membership.

Wall Street

HOVR stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on HOVR, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0.00$5.00$10.00$15.00$20.00Oct 25Jan 26Apr 26Jul 26HOVRHigh $18.06Median $6.04Low $3.24

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says2 analysts
2 Buy0 Hold0 Sell
Low $3.24Median $6.04High $18.06

The green dot is the last close — the median target sits +239.6% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
14 Apr 2026D. Boral CapitalMaintainsBuy$11
23 Feb 2026Jones TradingInitiatesBuy
11 Feb 2026D. Boral CapitalMaintainsBuy
30 Jan 2026D. Boral CapitalMaintainsBuy
4 Dec 2025D. Boral CapitalMaintainsBuy
23 Oct 2025D. Boral CapitalMaintainsBuy
15 Oct 2025D. Boral CapitalAssumesBuy$11
23 July 2025D. Boral CapitalMaintainsBuy
16 May 2025D. Boral CapitalMaintainsBuy
21 Apr 2025D. Boral CapitalMaintainsBuy
15 Jan 2025D. Boral CapitalMaintainsBuy
8 Jan 2025D. Boral CapitalMaintainsBuy
30 Dec 2024D. Boral CapitalMaintainsBuy
7 Oct 2024EF HuttonInitiatesBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

HOVR analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

New Horizon Aircraft Ltd. (HOVR) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
104.5×

Cheaper than 7% of US stocks

Price / sales
Price / book
2.4×

Cheaper than 40% of US stocks

EV / EBITDA
−1.9×

Cheaper than 71% of US stocks

Growth & margins
Revenue growth (YoY)
Earnings growth (YoY)
Gross margin
Operating margin
0.0%

Higher than 35% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−89.8%

Higher than 14% of US stocks

Return on assets
−31.8%

Higher than 13% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

HOVR vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelAerospace & Defense
CompanyMarket capTKN rank
HOVRNew Horizon Aircraft Ltd.$114.9M
19
CODACoda Octopus Group, Inc.$114.3M
74
BYRNByrna Technologies, Inc.$103.3M
42
DPRODraganfly, Inc.$156.5M
19
EVTLVertical Aerospace Ltd.$157.9M
7
SPAISafe Pro Group, Inc.$83.3M
25
SIFSIFCO Industries, Inc.$160.2M
94
Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. HOVR appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

News

Latest HOVR news & analysis

Horizon Aircraft to Participate in August Investment Conferences

Accesswire · 30 July 2026positive

New Horizon Aircraft Ltd. announced that management will participate in the Canaccord Genuity 46th Annual Growth Conference in Boston from August 11-13, 2026, including a fireside chat on August 11 and one-on-one meetings.

Why it matters — Participation in a major investment conference gives Horizon Aircraft visibility with institutional investors and an opportunity to present its hybrid-electric VTOL aircraft development to a wider financial audience.

FAQ

Frequently asked questions about HOVR stock

What is the HOVR stock price forecast for 2026-2027?

The 2 Wall Street analysts covering New Horizon Aircraft Ltd. have a median 12-month price target of $6.04, with estimates ranging from $3.24 to $18. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is HOVR stock a buy right now?

Of the 2 analysts covering New Horizon Aircraft Ltd., 2 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks New Horizon Aircraft Ltd. 19 out of 100 across roughly 4,600 US stocks as at 1 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HOVR?

As at 1 Aug 2026, New Horizon Aircraft Ltd. ranks 19 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (74 of 100).

Will HOVR stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies +239.6% from the last close, and Ticker Nerd's factor model ranks New Horizon Aircraft Ltd. 19 out of 100 as at 1 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the HOVR stock forecast for 2030?

No analyst covering New Horizon Aircraft Ltd. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HOVR are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $3.24 to $18 over the next 12 months.

How has HOVR stock performed over the past year?

New Horizon Aircraft Ltd. returned +26.2% over the 12 months to 3 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does New Horizon Aircraft Ltd. do?

New Horizon Aircraft Ltd. is an aerospace company developing hybrid-electric vertical takeoff and landing aircraft for regional transportation.

What is the latest news on HOVR?

The most recent item we track (Accesswire, 30 July 2026): "Horizon Aircraft to Participate in August Investment Conferences". New Horizon Aircraft Ltd. announced that management will participate in the Canaccord Genuity 46th Annual Growth Conference in Boston from August 11-13, 2026, including a fireside chat on August 11 and one-on-one meetings.

Company

About New Horizon Aircraft Ltd.

New Horizon Aircraft Ltd. is an aerospace company developing hybrid-electric vertical takeoff and landing aircraft for regional transportation. The company's primary product is the Cavorite X7, a six-passenger aircraft featuring a patented HOVR wing design that combines electric fans for vertical takeoff and landing capabilities with a turboprop engine for conventional forward flight. This hybrid power system enables extended range and speed performance compared to traditional electric aircraft while reducing fuel consumption. The Cavorite X7 accommodates one pilot and up to six passengers with substantial cargo capacity, making it suitable for regional air mobility applications. The aircraft incorporates an onboard generator for self-charging capabilities and represents a bridge technology toward fully electric aviation as battery technology advances. Headquartered in Lindsay, Ontario, and publicly traded on the Nasdaq exchange, New Horizon Aircraft focuses on transforming regional transportation through innovative aerospace solutions designed to serve businesses, communities, and environmental sustainability goals.

CEO Mr. Eric Brandon Robinson · 58 employees · Canada · https://www.horizonaircraft.com