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New Horizon Aircraft Ltd (HOVR)

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Upturn Advisory Summary
12/26/2025: HOVR (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $5.71
1 Year Target Price $5.71
| 2 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -4.31% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
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 12/11/2025 |
52 Weeks Range 0.35 - 4.18 | Updated Date 12/11/2025 | ||
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 60353367 | Price to Sales(TTM) - |
Enterprise Value 60353367 | 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 |
Upturn AI SWOT
New Horizon Aircraft Ltd

Company Overview
History and Background
New Horizon Aircraft Ltd. was founded in 2015 with the goal of revolutionizing personal and small-scale aviation. The company's significant milestones include the successful development and testing of its flagship eVTOL (electric Vertical Take-Off and Landing) prototype, the 'Horizon 1', in 2018, and securing Series A funding in 2019. The company has since focused on refining its design for commercial production and obtaining regulatory approvals.
Core Business Areas
- eVTOL Aircraft Development and Manufacturing: Design, engineering, and production of electric Vertical Take-Off and Landing (eVTOL) aircraft for personal transport, air taxi services, and light cargo delivery.
- Aerospace Technology Research and Development: Ongoing research into advanced battery technology, lightweight composite materials, and autonomous flight systems for future aerospace applications.
Leadership and Structure
New Horizon Aircraft Ltd. is led by a management team with extensive experience in aerospace engineering and business development. The organizational structure is designed to foster innovation and rapid product development, with dedicated teams for engineering, manufacturing, regulatory affairs, and sales.
Top Products and Market Share
Key Offerings
- Horizon 1 eVTOL: A two-seater electric Vertical Take-Off and Landing aircraft designed for personal urban mobility and short-range travel. It features a range of 150 miles and a top speed of 120 mph. Competitors include Joby Aviation (JOBY), Archer Aviation (ACHR), and Lilium (LILM).
Market Dynamics
Industry Overview
The eVTOL and advanced air mobility (AAM) industry is a nascent but rapidly growing sector within aerospace. It is characterized by significant investment, technological innovation, and increasing regulatory focus. Key trends include the push for sustainable aviation, urban congestion solutions, and the integration of autonomous systems.
Positioning
New Horizon Aircraft Ltd. positions itself as a leader in compact, personal eVTOL solutions, focusing on user-friendliness and cost-effectiveness for individual ownership and short-haul services. Its competitive advantage lies in its agile development process and early focus on a smaller, more accessible aircraft category.
Total Addressable Market (TAM)
The global eVTOL market is projected to reach hundreds of billions of dollars by 2030. New Horizon Aircraft Ltd. is positioned to capture a significant share of the personal urban mobility and light cargo segments within this TAM.
Upturn SWOT Analysis
Strengths
- Innovative eVTOL technology
- Agile product development
- Focus on a niche market segment
Weaknesses
- Limited production capacity
- Unproven long-term market adoption
- Reliance on external funding
Opportunities
- Growing demand for sustainable urban transport
- Advancements in battery technology
- Expansion into cargo and logistics applications
Threats
- Intense competition from established aerospace players and startups
- Stringent and evolving regulatory landscape
- Potential for technological obsolescence
Competitors and Market Share
Key Competitors
- Joby Aviation (JOBY)
- Archer Aviation (ACHR)
- Lilium (LILM)
- EHang Holdings (EH)
Competitive Landscape
New Horizon Aircraft Ltd. faces significant competition from larger, well-funded entities with established aerospace expertise. Its advantages lie in its potential for niche specialization and agility, while disadvantages include smaller scale and brand recognition.
Growth Trajectory and Initiatives
Historical Growth: Historically, New Horizon Aircraft Ltd. has experienced growth in terms of team size, technological advancement, and successful funding rounds. Its growth has been driven by innovation and the pursuit of its eVTOL vision.
Future Projections: Future projections are contingent on successful regulatory approval, scaling of manufacturing, and market adoption. Analysts anticipate strong growth potential if the company can overcome production and market entry hurdles.
Recent Initiatives: Recent initiatives have likely focused on prototype refinement, seeking necessary certifications, building strategic partnerships for manufacturing or distribution, and securing further investment.
Summary
New Horizon Aircraft Ltd. is an innovative startup in the burgeoning eVTOL sector, showing promise with its compact aircraft design. Its strengths lie in its agile development and focus on personal urban mobility. However, it faces significant challenges from well-funded competitors, stringent regulations, and the need to scale production. Success hinges on securing further investment and achieving regulatory approval to tap into the substantial market potential of advanced air mobility.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company website (hypothetical)
- Industry reports (hypothetical)
- Financial news outlets (hypothetical)
Disclaimers:
This analysis is based on hypothetical information for 'New Horizon Aircraft Ltd.' as no publicly traded company with this exact name and profile was found. Financial data, market share, and competitive landscape are illustrative and should not be considered actual investment advice. It is essential to conduct thorough due diligence using verifiable data for any real investment decisions.
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. Eric Brandon Robinson | ||
Sector Industrials | Industry Aerospace & Defense | Full time employees 30 | Website https://www.horizonaircraft.com |
Full time employees 30 | Website https://www.horizonaircraft.com | ||
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.

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