New Horizon Aircraft Ltd. Class A Ordinary Share (HOVR) is a publicly traded Industrials sector company. As of October 14, 2026, HOVR trades at $1.40 with a market cap of $98.00M and a P/E ratio of 8.50. HOVR moved -5.48% today. Year to date, HOVR is -10.43%; over the trailing twelve months it is -60.22%. Its 52-week range spans $0.35 to $4.18. Rallies surfaces HOVR's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Horizon Aircraft ramps R&D spending to advance Cavorite X7 ahead of early 2027 initial testing: Horizon Aircraft increased R&D spending on its Cavorite X7 hybrid-electric VTOL program and targets completion of a full-scale demonstrator in Q1 2027, followed by testing in early 2027. The company says it has signed letters of intent covering up to 200 aircraft purchases and five leases, valued at more than $1 billion.
| Metric | Value |
|---|---|
| Price | $1.40 |
| Market Cap | $98.00M |
| P/E Ratio | 8.50 |
| EPS | $0.20 |
| Dividend Yield | 0.00% |
| 52-Week High | $4.18 |
| 52-Week Low | $0.35 |
| Volume | 1.21M |
| Avg Volume | 0 |
| Revenue (TTM) | $0 |
| Net Income | $5.20M |
| Gross Margin | 0.00% |
HOVR analyst coverage data. Average price target: $0.00.