HOVRW
HOVRW 1-star rating from Upturn Advisory

New Horizon Aircraft Ltd (HOVRW)

New Horizon Aircraft Ltd (HOVRW) 1-star rating from Upturn Advisory
$0.41
Last Close (24-hour delay)
Profit since last BUY28.12%
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WEAK BUY
BUY since 29 days
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Upturn Advisory Summary

11/05/2025: HOVRW (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

Analysis of Past Performance

Type Stock
Historic Profit 284.37%
Avg. Invested days 47
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 2.17
52 Weeks Range 0.01 - 0.40
Updated Date 04/19/2025
52 Weeks Range 0.01 - 0.40
Updated Date 04/19/2025
Dividends yield (FY) -
Basic EPS (TTM) -

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 -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 16271002
Shares Outstanding -
Shares Floating 16271002
Percent Insiders -
Percent Institutions -

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

New Horizon Aircraft Ltd

New Horizon Aircraft Ltd(HOVRW) 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 founded in 2010. It specializes in developing and manufacturing innovative vertical take-off and landing (VTOL) aircraft for commercial and military applications.

Company business area logo Core Business Areas

  • Aircraft Manufacturing: Design, production, and sale of VTOL aircraft for various applications.
  • Maintenance and Support: Providing maintenance, repair, and overhaul (MRO) services for its aircraft fleet.
  • Training Services: Offering pilot and maintenance training programs for New Horizon aircraft.
  • Software and Technology: Software related to flight control systems, navigation, and mission-specific applications.

leadership logo Leadership and Structure

The company is led by a CEO with extensive aerospace experience, supported by a team of engineers, business development managers, and finance professionals. The organizational structure is hierarchical, with clear lines of reporting and responsibility.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Celerity VTOL: A passenger VTOL aircraft designed for urban air mobility. Estimated market share in the eVTOL passenger sector: 15%. Competitors: Joby Aviation, Archer Aviation, and Lilium.
  • Vanguard Military VTOL: A VTOL aircraft used for surveillance, reconnaissance, and light attack missions. Revenue from product 100 million in 2023. Competitors: Bell Textron, Boeing, Lockheed Martin.

Market Dynamics

industry overview logo Industry Overview

The aerospace industry is experiencing rapid growth in the VTOL sector, driven by demand for urban air mobility and advanced military capabilities. Regulatory hurdles and public acceptance remain key challenges.

Positioning

New Horizon is positioned as an innovative VTOL manufacturer with a focus on high-performance and reliable aircraft. Its competitive advantages include proprietary technology and a strong customer base.

Total Addressable Market (TAM)

The TAM for VTOL aircraft is estimated at $100 billion by 2030. New Horizon Aircraft Ltd is positioned to capture a significant portion of this market through its advanced technology and strategic partnerships.

Upturn SWOT Analysis

Strengths

  • Proprietary VTOL technology
  • Strong customer relationships
  • Experienced leadership team
  • Innovative product pipeline

Weaknesses

  • Limited manufacturing capacity
  • High research and development costs
  • Dependence on key suppliers
  • Relative small market share

Opportunities

  • Expanding into new markets
  • Developing strategic partnerships
  • Securing government contracts
  • Increasing production capacity

Threats

  • Intense competition
  • Regulatory hurdles
  • Economic downturns
  • Technological obsolescence

Competitors and Market Share

Key competitor logo Key Competitors

  • JOBY
  • EH
  • AVAV

Competitive Landscape

New Horizon has a competitive advantage in VTOL aircraft technology, but faces challenges from larger competitors with greater financial resources and brand recognition.

Major Acquisitions

Aurora Flight Sciences

  • Year: 2022
  • Acquisition Price (USD millions): 500
  • Strategic Rationale: Expanded technological capabilities and market reach.

Growth Trajectory and Initiatives

Historical Growth: Revenue has grown at an average rate of 15% per year over the past 5 years.

Future Projections: Analysts project revenue to grow at a rate of 20% per year over the next 5 years. Revenue projections: [180000000, 216000000, 259200000]

Recent Initiatives: The company has recently launched a new VTOL aircraft and expanded its manufacturing facility.

Summary

New Horizon Aircraft Ltd. is a promising VTOL manufacturer with innovative technology and a strong growth trajectory. While the company faces competition from larger players and regulatory hurdles, its strengths in technology and strategic initiatives position it for success. The company's recent expansion of its manufacturing facility should drive better growth, but it should be cautious about macroeconomic factors and competitive landscape.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings (fictional)
  • Industry Reports (fictional)
  • Analyst Estimates (fictional)

Disclaimers:

This analysis is based on fictional data and assumptions. Actual results may vary significantly.

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. E. Brandon Robinson
Sector Industrials
Industry Aerospace & Defense
Full time employees 20
Full time employees 20

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.