HOVRIndustrials · Aerospace & DefenseThe 2 Wall Street analysts covering New Horizon Aircraft Ltd. hold a median 12-month price target of $6.11 — +381.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 10 of 100 as at 29 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Size (75): Smaller than most of the companies we track.
Growth (6): Sales and profits are flat, shrinking, or growing more slowly than they were.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on HOVR, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +381.4% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 14 Apr 2026 | D. Boral Capital | Maintains | Buy | $11 |
| 23 Feb 2026 | Jones Trading | Initiates | Buy | — |
| 11 Feb 2026 | D. Boral Capital | Maintains | Buy | — |
| 30 Jan 2026 | D. Boral Capital | Maintains | Buy | — |
| 4 Dec 2025 | D. Boral Capital | Maintains | Buy | — |
| 23 Oct 2025 | D. Boral Capital | Maintains | Buy | — |
| 15 Oct 2025 | D. Boral Capital | Assumes | Buy | $11 |
| 23 July 2025 | D. Boral Capital | Maintains | Buy | — |
| 16 May 2025 | D. Boral Capital | Maintains | Buy | — |
| 21 Apr 2025 | D. Boral Capital | Maintains | Buy | — |
| 15 Jan 2025 | D. Boral Capital | Maintains | Buy | — |
| 8 Jan 2025 | D. Boral Capital | Maintains | Buy | — |
| 30 Dec 2024 | D. Boral Capital | Maintains | Buy | — |
| 7 Oct 2024 | EF Hutton | Initiates | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
HOVR appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 29 Oct 2026, New Horizon Aircraft Ltd. returned −45.0% against +13.1% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 7% of US stocks
Cheaper than 43% of US stocks
Cheaper than 68% of US stocks
Higher than 32% of US stocks
Higher than 30% of US stocks
Higher than 18% of US stocks
Higher than 12% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
New Horizon Aircraft Ltd. has a market value of $84.9M and an enterprise value of $15.4M.
Revenue in the twelve months to 31 May 2026: $0.0.
Net income over the same four quarters: −$33.1M.
Free cash flow in the twelve months to 31 May 2026: −$17.5M, after $967K of capital spending.
Trailing P/E: 104.5×; forward P/E: −2.0× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
New Horizon Aircraft Ltd. employs 58 people.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own New Horizon Aircraft Ltd. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
New Horizon Aircraft said it is developing the hybrid-electric Cavorite X5, a vertical takeoff and landing aircraft for regional transportation. The company targets certification in 2030 and plans to begin flight testing a full-scale demonstrator next year.
Why it matters — The development and testing timeline gives HOVR watchers milestones for tracking the aircraft program.
New Horizon Aircraft said management will participate in the eVTOL Insights Conference Europe in Toulouse, France, from October 14–16, 2026, and will be available for informal discussions.
Why it matters — The event gives HOVR watchers an update on management’s scheduled participation in an industry conference.
Seeking Alpha published a transcript of New Horizon Aircraft Ltd.’s Q1 2027 earnings call.
Why it matters — The transcript provides HOVR watchers with a record of the company’s quarterly earnings-call discussion.
New Horizon Aircraft said on its Q1 earnings call that its fiscal 2027 efforts are focused on completing a full-scale Cavorite X7 demonstrator. The company targets finishing assembly around the end of the first quarter of calendar 2027 and beginning testing shortly afterward.
Why it matters — The update gives HOVR watchers a stated timetable for assembly and testing of the Cavorite X7 demonstrator.
New Horizon Aircraft reported financial and operational results for the first quarter of fiscal 2027, ended August 31, 2026, and said it is advancing full-scale Cavorite X7 development.
Why it matters — The update gives HOVR watchers information about the company's quarterly results and progress on its aircraft development program.
The 2 Wall Street analysts covering New Horizon Aircraft Ltd. have a median 12-month price target of $6.11, with estimates ranging from $3.32 to $18. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
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. 10 out of 100 across roughly 4,600 US stocks as at 29 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 29 Oct 2026, New Horizon Aircraft Ltd. ranks 10 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 (75 of 100).
No one can know that. What the data says: the median 12-month target from 2 analysts implies +381.4% from the last close, and Ticker Nerd's factor model ranks New Horizon Aircraft Ltd. 10 out of 100 as at 29 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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: $3.32 to $18 over the next 12 months.
New Horizon Aircraft Ltd. returned -45.0% over the 12 months to 29 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
New Horizon Aircraft Ltd. is an aerospace original equipment manufacturer focused on designing and developing hybrid-electric vertical takeoff and landing (eVTOL) aircraft for regional air mobility.
The most recent item we track (MarketBeat, 29 Oct 2026): "New Horizon Aircraft Targets 2030 Certification for Hybrid eVTOL Cavorite X5". New Horizon Aircraft said it is developing the hybrid-electric Cavorite X5, a vertical takeoff and landing aircraft for regional transportation. The company targets certification in 2030 and plans to begin flight testing a full-scale demonstrator next year.
New Horizon Aircraft Ltd. is an aerospace original equipment manufacturer focused on designing and developing hybrid-electric vertical takeoff and landing (eVTOL) aircraft for regional air mobility. New Horizon Aircraft Ltd. is developing the Cavorite X7, a hybrid-electric seven-seat aircraft designed to combine vertical takeoff and landing capability with conventional wing-borne flight. Its work centers on advanced aircraft engineering for passenger transport, cargo movement, and other regional aviation use cases, with applications that include connecting shorter routes and supporting specialized operations. The company operates in the aerospace and defense segment and serves the emerging market for next-generation air mobility solutions. New Horizon Aircraft Ltd. is headquartered in Lindsay, Ontario, Canada, and was founded in 2013.
CEO Mr. Eric Brandon Robinson · 58 employees · Canada · https://www.horizonaircraft.com
