HOVR official logo HOVR
HOVR 2-star rating from Upturn Advisory
New Horizon Aircraft Ltd (HOVR) company logo

New Horizon Aircraft Ltd (HOVR)

New Horizon Aircraft Ltd (HOVR) 2-star rating from Upturn Advisory
$1.8
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/09/2025: HOVR (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $5.71

1 Year Target Price $5.71

Analysts Price Target For last 52 week
$5.71 Target price
52w Low $0.35
Current$1.8
52w High $4.18

Analysis of Past Performance

Type Stock
Historic Profit -4.31%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/09/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 88.01M USD
Price to earnings Ratio 101.5
1Y Target Price 5.71
Price to earnings Ratio 101.5
1Y Target Price 5.71
Volume (30-day avg) 2
Beta 2.78
52 Weeks Range 0.35 - 4.18
Updated Date 12/6/2025
52 Weeks Range 0.35 - 4.18
Updated Date 12/6/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.02

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -90.15%
Return on Equity (TTM) -

Valuation

Trailing PE 101.5
Forward PE -
Enterprise Value 69601056
Price to Sales(TTM) -
Enterprise Value 69601056
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 43355189
Shares Floating 26108218
Shares Outstanding 43355189
Shares Floating 26108218
Percent Insiders 38.09
Percent Institutions 3.53

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

New Horizon Aircraft Ltd

New Horizon Aircraft Ltd(HOVR) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

New Horizon Aircraft Ltd is a fictional company established with the goal of revolutionizing the aerospace industry through innovative aircraft design and manufacturing. Its founding year and specific milestones are not publicly available as it is a hypothetical entity. The company's evolution is envisioned to focus on advanced materials, sustainable propulsion, and next-generation aerial mobility solutions.

Company business area logo Core Business Areas

  • Advanced Aircraft Design & Manufacturing: Focuses on the research, development, and production of novel aircraft, ranging from commercial airliners with enhanced fuel efficiency to specialized drones for industrial applications.
  • Aerospace Technology Solutions: Provides cutting-edge technological services and components to other aerospace manufacturers, including advanced avionics, lightweight composite materials, and aerodynamic optimization software.
  • Sustainable Aviation Initiatives: Dedicated to developing and integrating environmentally friendly technologies, such as electric and hybrid-electric propulsion systems, and sustainable aviation fuels (SAFs).

leadership logo Leadership and Structure

As a hypothetical company, specific leadership and organizational structure details for New Horizon Aircraft Ltd are not defined. Typically, such a company would be led by a CEO, with departments for Engineering, Manufacturing, Sales & Marketing, Finance, and Research & Development.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • NH-X1 Commercial Jetliner: A next-generation commercial aircraft designed for enhanced fuel efficiency and reduced emissions, targeting major airlines. Competitors include Boeing (737 MAX, 787 Dreamliner) and Airbus (A320neo family, A350 XWB). Market share data is unavailable for this hypothetical product.
  • SkyGuardian Industrial Drone: A versatile, high-payload drone designed for surveillance, delivery, and inspection in various industrial sectors. Competitors include DJI Enterprise, Northrop Grumman, and various smaller drone manufacturers. Market share data is unavailable for this hypothetical product.
  • EcoProp Electric Propulsion System: An innovative electric propulsion system for small to medium-sized aircraft, aimed at reducing operational costs and environmental impact. Competitors include Rolls-Royce, GE Aviation, and various startups in the electric aviation space. Market share data is unavailable for this hypothetical product.

Market Dynamics

industry overview logo Industry Overview

The aerospace industry is characterized by high capital expenditure, stringent regulatory oversight, long product development cycles, and a strong emphasis on safety and innovation. Key trends include the push for sustainability, advancements in autonomous flight, and the growth of the unmanned aerial vehicle (UAV) market.

Positioning

New Horizon Aircraft Ltd is positioned as an innovator focused on next-generation aerospace solutions. Its competitive advantages would stem from a commitment to sustainable technologies, advanced materials science, and potentially disruptive design principles. However, as a new entrant in many segments, it would face significant challenges from established players with extensive manufacturing capabilities and established customer relationships.

Total Addressable Market (TAM)

The TAM for the global aerospace industry is in the hundreds of billions of USD, encompassing commercial aviation, defense, space, and general aviation. New Horizon Aircraft Ltd, through its diverse product lines, aims to capture segments of the commercial aviation, drone, and sustainable aviation technology markets. Its current market share is negligible as it is a hypothetical company.

Upturn SWOT Analysis

Strengths

  • Focus on innovative and sustainable technologies.
  • Potential for disruptive design in aircraft and propulsion.
  • Agile structure allowing for rapid development (hypothetically).

Weaknesses

  • Lack of established brand recognition and customer base.
  • High capital requirements for research, development, and manufacturing.
  • Long certification processes for new aircraft designs.
  • Dependence on external funding and partnerships (hypothetically).

Opportunities

  • Growing demand for sustainable aviation solutions.
  • Expansion of the drone market for various applications.
  • Government incentives for green technology development.
  • Potential for strategic partnerships with established aerospace giants.

Threats

  • Intense competition from established, well-funded aerospace companies.
  • Economic downturns impacting air travel and defense spending.
  • Rapid technological advancements by competitors.
  • Geopolitical instability affecting global supply chains and market access.

Competitors and Market Share

Key competitor logo Key Competitors

  • Boeing (BA)
  • Airbus SE (AIR - listed in EU)
  • Lockheed Martin (LMT)
  • Raytheon Technologies (RTX)
  • General Electric (GE) - Aviation Division

Competitive Landscape

New Horizon Aircraft Ltd would face formidable competition from established aerospace giants with vast resources, extensive intellectual property, and entrenched relationships. Its advantage would lie in its ability to innovate rapidly and focus on emerging niches like sustainable aviation and advanced drone technology, provided it can secure the necessary capital and regulatory approvals.

Growth Trajectory and Initiatives

Historical Growth: Not applicable for a hypothetical company.

Future Projections: Future growth projections would depend heavily on successful product development, certification, market acceptance, and securing substantial funding. Analysts would likely project significant revenue growth in the long term, contingent on overcoming significant industry hurdles.

Recent Initiatives: Hypothetically, recent initiatives would involve securing seed funding, establishing R&D partnerships, and developing prototypes for key technologies.

Summary

New Horizon Aircraft Ltd is a hypothetical entity positioned to disrupt the aerospace market with innovative, sustainable technologies. While its focus on next-generation solutions presents significant opportunities, it faces immense challenges from established competitors, high capital needs, and lengthy certification processes. Its success hinges on its ability to secure funding, navigate regulatory hurdles, and execute on its ambitious technological roadmap.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • This analysis is based on the premise of a hypothetical company, 'New Horizon Aircraft Ltd'. Information regarding its history, products, financials, and market position is conceptual and does not represent a real-world entity.
  • Industry overview and competitor information are based on general knowledge of the aerospace sector.

Disclaimers:

This JSON output is for illustrative purposes only and should not be considered investment advice. As New Horizon Aircraft Ltd is a hypothetical company, all data and analysis presented are fictional. Investment decisions should be made based on thorough research of actual publicly traded companies and consultation with a qualified financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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. Eric Brandon Robinson
Sector Industrials
Industry Aerospace & Defense
Full time employees 30
Full time employees 30

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.