New Horizon Aircraft Ltd. Class A Ordinary Share (HOVR) is a publicly traded Industrials sector company. As of May 21, 2026, HOVR trades at $2.44 with a market cap of $119.94M and a P/E ratio of 12.07. HOVR moved +3.23% today. Year to date, HOVR is +22.94%; over the trailing twelve months it is +159.24%. Its 52-week range spans $0.24 to $4.18. Analyst consensus is buy with an average price target of $18.00. Rallies surfaces HOVR's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
New Horizon Aircraft Prices 9.25M Shares for $20M to Fund VTOL Program: New Horizon Aircraft agreed to sell 9,254,889 Class A shares in a $20 million offering to institutional investors, closing on or about May 8. Net proceeds will fund and accelerate development of the Cavorite X7 hybrid-electric VTOL aircraft program, with remaining funds for working capital and corporate purposes.
| Metric | Value |
|---|---|
| Price | $2.44 |
| Market Cap | $119.94M |
| P/E Ratio | 12.07 |
| EPS | $0.20 |
| Dividend Yield | 0.00% |
| 52-Week High | $4.18 |
| 52-Week Low | $0.24 |
| Volume | 5.74K |
| Avg Volume | 0 |
| Revenue (TTM) | $0 |
| Net Income | $5.20M |
| Gross Margin | 0.00% |
1 analysts cover HOVR: 0 strong buy, 1 buy, 0 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $18.00.