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HOVR:NASDAQ
New Horizon Aircraft Ltd
$1.91
+1.60%
(+0.030) 1D
$1.92
+0.52% (+0.0100)
After hours
Closed: Jun 26, 4:00:00 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for HOVR...
Open
$1.85
High
$1.96
Low
$1.85
Mkt. cap
117.97M
Avg. vol.
3.08M
Volume
874.39K
52-wk high
$4.18
52-wk low
$1.16
EPS
-$0.61
Beta
3.68
Shares outstanding
61.76M
No. of employees
30
Open
$1.85
High
$1.96
Low
$1.85
Mkt. cap
117.97M
Avg. vol.
3.08M
Volume
874.39K
52-wk high
$4.18
52-wk low
$1.16
EPS
-$0.61
Beta
3.68
Shares outstanding
61.76M
No. of employees
30
News stories
From sources across the web
Profile
New Horizon Aircraft Ltd. is a publicly traded company headquartered in Lindsay, Ontario, which is developing a hybrid eVTOL aircraft for regional air mobility. It is designing the Horizon Cavorite X7 as a hybrid-electric 6-passenger aircraft that has electric fans for vertical takeoff and landing and a turboprop engine for forward flight. Horizon Aircraft expects that its hybrid architecture will result in greater range compared to electric-only VTOL aircraft, while having 70–80% lower operating costs and twice the speed of a traditional helicopter. Development of a full-scale prototype is ongoing with the intent of having the Cavorite X7 certified and flying. Wikipedia
About New Horizon Aircraft Ltd
CEO-
Employees30
Founded2013
Headquarters-
SectorAerospace and Defense
Websitehorizonaircraft.com
Analyst
Recommendation
Action
Price target
Projected
Date
Josh Sullivan
JonesTrading
Buy
Initiated
$18.00
+842.4%
02/23/2026
Previous reportsAll values in CAD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in CAD
May 2025
Aug 2025
Nov 2025
Feb 2026
Revenue
-
-
-
-
Cost of goods sold
-
-
-
-
Cost of revenue
-
-
-
-
Research and development expenses
2.49M
2.72M
2.61M
4.28M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
1.56M
3.19M
2.51M
3.31M
Operating expense
4.05M
5.91M
5.12M
7.59M
Total operating expenses
4.05M
5.91M
5.12M
7.59M
Operating income
-4.05M
-5.91M
-5.12M
-7.59M
Other non operating income
-2.61M
-5.11M
-3.73M
508.00K
EBT including unusual items
-6.61M
-10.90M
-8.65M
-6.90M
EBT excluding unusual items
-6.61M
-10.90M
-8.65M
-6.90M
Income tax expense
-
-
-
-
Effective tax rate
-
-
-
-
Other operating expenses
-
-
-
-
Net income
-6.61M
-10.90M
-8.65M
-6.90M
Net profit margin
-
-
-
-
Earnings per share
-0.28
-
-0.21
-0.16
Interest and investment income
48.00K
118.00K
194.00K
182.00K
Interest expense
-
-
-
-
Net interest expenses
48.00K
118.00K
194.00K
182.00K
Depreciation and amortization charges
-
-
-
-
EBITDA
-4.01M
-5.86M
-5.06M
-7.51M
Gain or loss from assets sale
-
-
-
-
Insider transactions
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