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Upturn AI SWOT - About
New Horizon Aircraft Ltd (HOVR)
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Upturn Advisory Summary
06/27/2025: HOVR (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
2 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $1.86
1 Year Target Price $1.86
| 2 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 6.13% | Avg. Invested days 25 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 06/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 54.61M USD | Price to earnings Ratio 4.83 | 1Y Target Price 1.86 |
Price to earnings Ratio 4.83 | 1Y Target Price 1.86 | ||
Volume (30-day avg) 2 | Beta 2.17 | 52 Weeks Range 0.24 - 2.52 | Updated Date 06/30/2025 |
52 Weeks Range 0.24 - 2.52 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.36 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -85.24% | Return on Equity (TTM) - |
Valuation
Trailing PE 4.83 | Forward PE - | Enterprise Value 52497634 | Price to Sales(TTM) - |
Enterprise Value 52497634 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 31385100 | Shares Floating 16268177 |
Shares Outstanding 31385100 | Shares Floating 16268177 | ||
Percent Insiders 36.55 | Percent Institutions 0.34 |
Analyst Ratings
Rating 2 | Target Price 1.86 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
New Horizon Aircraft Ltd
Company Overview
History and Background
New Horizon Aircraft Ltd. was founded in 2018 with the goal of developing innovative vertical take-off and landing (VTOL) aircraft. It focuses on hybrid-electric propulsion systems for increased efficiency and reduced emissions. Key milestones include successful prototype testing and securing initial funding rounds.
Core Business Areas
- VTOL Aircraft Design and Manufacturing: Designing, manufacturing, and selling VTOL aircraft for passenger and cargo transport.
- Hybrid-Electric Propulsion Systems: Developing and licensing hybrid-electric propulsion systems for aviation applications.
- Maintenance, Repair, and Overhaul (MRO) Services: Providing MRO services for its VTOL aircraft and related systems.
Leadership and Structure
The leadership team comprises experienced aerospace engineers and business executives. The organizational structure is hierarchical with functional departments such as engineering, manufacturing, sales, and finance.
Top Products and Market Share
Key Offerings
- Cavorite X5: The Cavorite X5 is New Horizon Aircraft's flagship VTOL aircraft, designed for regional air mobility. Market share is still developing but is estimated to be around 2% of the emerging eVTOL market. Competitors include Archer Aviation, Joby Aviation, and Vertical Aerospace. Revenue is projected to be $50 million in the next year pending FAA certification.
- Hybrid-Electric Propulsion System Technology: Proprietary hybrid-electric propulsion system. Market share of component sales in the emerging hybrid-electric aviation market is estimated at less than 1%. Competitors include Rolls-Royce and Safran.
Market Dynamics
Industry Overview
The aviation industry is undergoing a transformation with the emergence of eVTOL aircraft and hybrid-electric propulsion. There is a strong focus on sustainable aviation practices and increased operational efficiency.
Positioning
New Horizon Aircraft Ltd. is positioning itself as a leader in hybrid-electric VTOL aircraft for regional air mobility. Its competitive advantage lies in its proprietary propulsion system, which offers improved fuel efficiency and reduced emissions.
Total Addressable Market (TAM)
The projected TAM for the eVTOL market is estimated to be $1 trillion by 2040. New Horizon Aircraft Ltd. aims to capture a significant share of this market through its innovative technology.
Upturn SWOT Analysis
Strengths
- Proprietary hybrid-electric propulsion system
- Experienced management team
- Focus on sustainability
- Strong intellectual property portfolio
Weaknesses
- Limited operating history
- Dependence on regulatory approvals
- High capital requirements
- Lack of mass production capabilities
Opportunities
- Growing demand for regional air mobility
- Increasing adoption of electric aviation
- Potential partnerships with airlines and transportation companies
- Government incentives for sustainable aviation
Threats
- Intense competition in the eVTOL market
- Delays in regulatory approvals
- Technological advancements by competitors
- Economic downturn impacting air travel demand
Competitors and Market Share
Key Competitors
- JOBY (JOBY)
- EH (EH)
- ACHR (ACHR)
Competitive Landscape
New Horizon Aircraft Ltd. faces intense competition in the eVTOL market. Competitors have more funding and are further along in the regulatory approval process.
Major Acquisitions
AV Pro Design
- Year: 2023
- Acquisition Price (USD millions): 10
- Strategic Rationale: This acquisition was for integrating enhanced digital cockpit and passenger experience features.
Growth Trajectory and Initiatives
Historical Growth: The company has experienced rapid revenue growth in its early years, driven by increased demand for its VTOL aircraft.
Future Projections: Analysts project revenue to reach $100 million in the next three years. The company has a high long-term growth potential but may not reach profitability for several years
Recent Initiatives: The company is actively pursuing partnerships with airlines and transportation companies to expand its market reach. It is also investing heavily in research and development to improve its technology.
Summary
New Horizon Aircraft Ltd. is a promising company in the emerging eVTOL market with a potentially strong technology. However, it has limited operating history, faces significant competition, and has yet to demonstrate sustained profitability. Securing regulatory approvals and raising additional capital will be critical for its long-term success. Recent acquisition enhances passenger experience, but financial and scaling challenges remain.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
- Company Website
- Press Releases
Disclaimers:
This analysis is based on available information and represents a best-effort assessment. Investment decisions should be made with the advice of a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About New Horizon Aircraft Ltd
Exchange NASDAQ | Headquaters Lindsay, ON, Canada | ||
IPO Launch date 2024-01-16 | Co-founder, Chairman & CEO Mr. E. Brandon Robinson | ||
Sector Industrials | Industry Aerospace & Defense | Full time employees 20 | Website https://www.horizonaircraft.com |
Full time employees 20 | Website https://www.horizonaircraft.com | ||
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter. New Horizon Aircraft Ltd. was founded in 2013 and is headquartered in Lindsay, Canada.
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