Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
HOVR logo HOVR
Upturn stock ratingUpturn stock rating
HOVR logo

New Horizon Aircraft Ltd (HOVR)

Upturn stock ratingUpturn stock rating
$1.76
Last Close (24-hour delay)
Profit since last BUY-6.21%
upturn advisory
SELL
SELL since 4 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/15/2025: HOVR (1-star) is a SELL. SELL since 4 days. Simulated Profits (-6.21%). Updated daily EoD!

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

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

1 Year Target Price $2.01

1 Year Target Price $2.01

Analysts Price Target For last 52 week
$2.01 Target price
52w Low $0.24
Current$1.76
52w High $2.52

Analysis of Past Performance

Type Stock
Historic Profit -15.91%
Avg. Invested days 27
Today’s Advisory SELL
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 66.27M USD
Price to earnings Ratio 14.08
1Y Target Price 2.01
Price to earnings Ratio 14.08
1Y Target Price 2.01
Volume (30-day avg) 2
Beta 2.62
52 Weeks Range 0.24 - 2.52
Updated Date 09/15/2025
52 Weeks Range 0.24 - 2.52
Updated Date 09/15/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.12

Earnings Date

Report Date 2025-08-22
When Before Market
Estimate -0.05
Actual -0.28

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -127.14%
Return on Equity (TTM) -

Valuation

Trailing PE 14.08
Forward PE -
Enterprise Value 65371477
Price to Sales(TTM) -
Enterprise Value 65371477
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 39210700
Shares Floating 23293087
Shares Outstanding 39210700
Shares Floating 23293087
Percent Insiders 42.12
Percent Institutions 3.9

ai summary icon Upturn AI SWOT

New Horizon Aircraft Ltd

stock logo

Company Overview

overview logo History and Background

New Horizon Aircraft Ltd, founded in 2015, focuses on developing sustainable and innovative aircraft. It achieved significant milestones with its Cavorite X5 aircraft development program, aiming to revolutionize regional air mobility.

business area logo Core Business Areas

  • Aircraft Development: Design, development, and testing of VTOL aircraft, specifically the Cavorite X5 hybrid-electric VTOL aircraft.
  • Regional Air Mobility Solutions: Providing solutions for regional air mobility, targeting commercial and government applications.
  • Technology Licensing: Licensing proprietary VTOL technology to other companies.

leadership logo Leadership and Structure

The company is led by a team of experienced aerospace engineers and business executives. Its structure is based on project teams focused on engineering, marketing, and business development.

Top Products and Market Share

overview logo Key Offerings

  • Cavorite X5: A hybrid-electric VTOL aircraft designed for regional air mobility. Market share is currently 0% due to pre-revenue status. Potential competitors include Volocopter, Lilium, and Joby Aviation.

Market Dynamics

industry overview logo Industry Overview

The regional air mobility and VTOL aircraft market is rapidly growing, driven by advancements in electric propulsion and increasing demand for efficient transportation. It is still an emerging market with high potential but also high risk.

Positioning

New Horizon Aircraft Ltd aims to be a leader in the VTOL aircraft market with its unique fan-in-wing technology, focusing on fuel efficiency and passenger comfort.

Total Addressable Market (TAM)

The global Urban Air Mobility (UAM) market is projected to reach $36.8 billion by 2030. New Horizon is positioning itself to capture a significant share, targeting regional routes with its Cavorite X5.

Upturn SWOT Analysis

Strengths

  • Innovative fan-in-wing technology
  • Experienced leadership team
  • Strong focus on sustainability
  • Potential for high fuel efficiency

Weaknesses

  • Pre-revenue stage
  • Limited funding
  • High R&D costs
  • Dependence on certification and regulatory approvals

Opportunities

  • Growing demand for regional air mobility
  • Increasing government support for sustainable aviation
  • Potential partnerships with airlines and airports
  • Expansion into new markets and applications

Threats

  • Competition from established aerospace companies
  • Technological risks and delays
  • Regulatory hurdles and certification challenges
  • Economic downturns and funding constraints

Competitors and Market Share

competitor logo Key Competitors

  • EH
  • JOBY
  • LILM

Competitive Landscape

New Horizon Aircraft Ltd differentiates itself with its fan-in-wing technology, aiming for better fuel efficiency. However, it faces competition from companies with more funding and established partnerships.

Growth Trajectory and Initiatives

Historical Growth: No historical revenue growth due to pre-revenue status.

Future Projections: Projected revenue growth depends on successful Cavorite X5 certification and commercialization. Analyst estimates vary widely.

Recent Initiatives: Securing funding for prototype development, engaging with regulatory agencies, and conducting flight tests.

Summary

New Horizon Aircraft Ltd is an early-stage company with promising VTOL technology. Its Cavorite X5 has the potential to disrupt the regional air mobility market, but it faces significant challenges, including securing funding, achieving certification, and competing with larger companies. Success depends on technological execution and market adoption. The company requires sustained financial backing to overcome these hurdles.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company website
  • Industry reports
  • Press releases
  • Analyst reports (estimates)

Disclaimers:

This analysis is based on publicly available information and analyst estimates, which are subject to change. It should not be considered financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.