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

Last close, 7 Oct 2026
$1.60
0.00% on the day

The 2 Wall Street analysts covering New Horizon Aircraft Ltd. hold a median 12-month price target of $5.97 — +273.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 15 of 100 as at 6 Oct 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
$107.4M
Ticker Nerd rank
15 / 100
Median analyst target
$5.97
Analysts covering
2
Revenue$0.0
Operating income−$4.9M
Net income−$6.6M
Free cash flow−$4.9M
Quarterly, 8 quarters to 31 May 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−5.9%
1M
−4.8%
YTD
+8.8%
1Y
−44.8%
From 52W high
−59.1%
From 52W low
+33.3%
$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 6 Oct 2026
15 / 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
Accruals
63
Revisions
57
Momentum
39
Issuance
18
Volatility
16
Quality
9
Value
9
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.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

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$20.00Jan 26Apr 26Jul 26Oct 26HOVRHigh $17.84Median $5.97Low $3.20

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

What Wall Street says2 analysts
2 Buy0 Hold0 Sell
Low $3.20Median $5.97High $17.84

The green dot is the last close — the median target sits +273.1% 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.

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.

Performance

HOVR vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 7 Oct 2026, New Horizon Aircraft Ltd. returned −44.8% against +17.7% for the S&P 500, dividends included.

HOVR vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120140Jan 26Apr 26Jul 26Oct 26HOVRS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

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
1
Analysts cutting
0
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
2.1×

Cheaper than 42% of US stocks

EV / EBITDA
−1.6×

Cheaper than 71% of US stocks

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

Higher than 32% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−89.8%

Higher than 15% of US stocks

Return on assets
−31.8%

Higher than 13% of US stocks

Dividend yield
0.0%

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.

Key statistics

New Horizon Aircraft Ltd. (HOVR) statistics: revenue, profit & scale

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 $107.4M and an enterprise value of $26.0M.

  • 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.

  • Shares outstanding: 61.8M.

  • Trailing P/E: 104.5×; forward P/E: −2.1× — 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.

Statement figures: company filings via Twelve Data, four quarters to 31 May 2026 · market figures as at 7 Oct 2026

Data provided by Twelve Data

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.$107.4M
15
EVTLVertical Aerospace Ltd.$96.2M
6
CODACoda Octopus Group, Inc.$122.4M
82
FJETStarfighters Space, Inc.$89.6M
3
SPAISafe Pro Group, Inc.$86.0M
24
BYRNByrna Technologies, Inc.$83.7M
54
SIFSIFCO Industries, Inc.$143.0M
86

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 →

News

Latest HOVR news & analysis

Horizon Aircraft Signs LOI with Great Lakes Helicopter for Cavorite X7 Maintenance and Pilot Training

Accesswire · 29 Sept 2026positive

New Horizon Aircraft announced it has signed a Letter of Intent with Great Lakes Helicopter, an Ontario-based helicopter operator, MRO service provider, and pilot school, to support commercialization of the Cavorite X7 hybrid-electric VTOL aircraft through maintenance, repair and overhaul services, pilot training, and aircraft purchases.

Why it matters — The LOI signals early commercial partnerships supporting the Cavorite X7's path to market through maintenance, training, and potential aircraft sales.

Horizon Aircraft to Report First Quarter 2027 Results and Provide a Business Update on October 9, 2026

Accesswire · 24 Sept 2026neutral

New Horizon Aircraft Ltd. announced it will release its fiscal first quarter 2027 financial results on Friday, October 9, 2026, before market open, followed by a webcasted earnings call. The company is inviting investors to submit questions in advance to be answered on the call.

Why it matters — HOVR watchers will be looking to this earnings release and business update on October 9, 2026, for the company's latest financial and operational status.

New Horizon Aircraft Ltd. (HOVR) Discusses Development of Vertical Take-Off Aircraft with Enhanced Range and Weather Capabilities Transcript

Seeking Alpha · 23 Sept 2026neutral

New Horizon Aircraft Ltd. (HOVR) discussed the development of a vertical take-off aircraft designed with enhanced range and weather capabilities, according to a Seeking Alpha transcript of the discussion.

Why it matters — Investors tracking HOVR would care because the company's progress in developing a long-range, weather-capable vertical take-off aircraft is central to its product strategy and market position.

New Horizon Aircraft Ltd. (HOVR) Presents at IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026 Transcript

Seeking Alpha · 15 Sept 2026neutral

New Horizon Aircraft Ltd. (HOVR) presented at the IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026, with a transcript of the presentation published on Seeking Alpha. The item reports on the company's participation and remarks at the conference.

Why it matters — A HOVR watcher would care because the conference presentation and transcript offer insight into the company's current positioning and messaging to the investment community.

Horizon Aircraft to Participate in September Investment Conferences

Accesswire · 8 Sept 2026positive

New Horizon Aircraft Ltd. announced that its management will participate in the Gabelli Annual Aerospace & Defense Symposium in New York City on September 10, 2026, where they will be available for one-on-one meetings. This is part of the company's planned participation in September investment conferences.

Why it matters — A HOVR watcher would care because management engaging directly with investors at a major aerospace and defense conference signals increased visibility and outreach to the investment community.

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 $5.97, with estimates ranging from $3.2 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. 15 out of 100 across roughly 4,600 US stocks as at 6 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HOVR?

As at 6 Oct 2026, New Horizon Aircraft Ltd. ranks 15 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 +273.1% from the last close, and Ticker Nerd's factor model ranks New Horizon Aircraft Ltd. 15 out of 100 as at 6 Oct 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: $3.2 to $18 over the next 12 months.

How has HOVR stock performed over the past year?

New Horizon Aircraft Ltd. returned -44.8% over the 12 months to 7 Oct 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 original equipment manufacturer focused on designing and developing hybrid-electric vertical takeoff and landing (eVTOL) aircraft for regional air mobility.

What is the latest news on HOVR?

The most recent item we track (Accesswire, 29 Sept 2026): "Horizon Aircraft Signs LOI with Great Lakes Helicopter for Cavorite X7 Maintenance and Pilot Training". New Horizon Aircraft announced it has signed a Letter of Intent with Great Lakes Helicopter, an Ontario-based helicopter operator, MRO service provider, and pilot school, to support commercialization of the Cavorite X7 hybrid-electric VTOL aircraft through maintenance, repair and overhaul services, pilot training, and aircraft purchases.

Company

About New Horizon Aircraft Ltd.

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