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Smart Investors Daily
HO

NASDAQ · HOVRW

New Horizon Aircraft Ltd.

Industrials · Aerospace & Defense

$0.35

Down-$0.03 (-7.89%)

Updated Sep 13, 2026, 9:29 PM

SID Score

3.3/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
22.54M
P/E ratio
-25.33
Dividend yield
0.00%
52-week range
$0.26 – $0.60
Volume
25.67K
Avg. volume
126.41K

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Overview

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Company profile

New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

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Yahoo · Sep 4, 2026

Horizon Aircraft Appoints Tom Hearne to Board of Directors and Names Him Audit Committee Chair

Company to benefit from Hearne's 30 years of technology leadership, capital markets, and financial oversight experience as it advances the Cavorite X7 programTORONTO, ON / ACCESS Newswire / September 4, 2026 / New Ltd. ("" or the "Company") (Nasdaq:HOVR), an advanced aerospace company developing one of the first hybrid-electric Vertical Takeoff and Landing (VTOL) aircraft, today announced the appointment of Tom Hearne to its Board of Directors (the "Board") and as Chair of the Board's Audit Comm

Yahoo · Jul 17, 2026

HOVR: Reports Full Year Fiscal 2026 Results - A Year of Meaningful De-Risking

By Brian Lantier, CFA NASDAQ: HOVR READ THE FULL HOVR RESEARCH REPORT On Thursday morning, before the market opened, New Horizon Aircraft (NASDAQ: HOVR, referred to as "Horizon Aircraft" or "Horizon") released its full-year fiscal 2026 financial results and hosted a webcast to update investors. In our view, the company has continued to advance the development of the Cavorite X7 with significant

Yahoo · Jul 16, 2026

New Horizon Aircraft Q4 Earnings Call Highlights

New Horizon Aircraft (NASDAQ:HOVR) said it ended fiscal 2026 with its strongest balance sheet to date and is moving from technology validation toward full-scale construction of its Cavorite X7 hybrid electric vertical takeoff and landing aircraft. On the company’s fiscal fourth-quarter and year-end

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