New Horizon Aircraft Ltd. (HOVRW) stock
Close on Oct 30, 2026Market cap $79.86MP/E –Yield –
Key statistics
Valuation at the latest close; fundamentals over fiscal , balances at Aug 31, 2026
Valuation
- Market cap
- C$111.74M
- P/E ratio
- –
- Price to sales
- –
- Price to book
- 1.65
- Dividend yield
- –
- Free cash flow yield
- -20.44%
Fundamentals
- Net income
- -C$26.26M
- EPS, diluted
- -0.57 CAD
- Free cash flow
- -C$22.84M
- Book value per share
- 1.03 CAD
- Diluted shares
- 66M
Trading
- Next earnings
- Jan 13, 2027 (estimated, before the open)
- Previous close
- $0.26
- Open
- $0.28
- Day's range
- $0.24 – $0.28
- Volume
- 2,908
- Average volume (20 days)
- 29,313
- Beta (5 years)
- 0.73
- RSI (14 days)
- 21.5
- Volatility (1 year)
- 102.4%
- Relative volume
- 0.89×
- WACC
- 8.6%
Market cap history
Month-end market cap since 2023, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Oct 30, 2026. The S&P 500 is measured by the SPY fund.
| Period | HOVRW | S&P 500 | Difference | HOVRW per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -29.9% | -0.9% | −29.0 pts | ||
| 3 months | -30.5% | +2.1% | −32.6 pts | ||
| Year to date | -24.8% | +11.7% | −36.4 pts | ||
| 1 year | -49.1% | +12.4% | −61.5 pts | ||
| 3 years | +385.1% | +88.6% | +296.5 pts | +69.3% | +23.5% |
Five years at a glance
Fiscal years 2022 to 2026 and trailing twelve months, CAD
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases New Horizon Aircraft filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Update
- Update
- Update
About New Horizon Aircraft
Aircraft
New Horizon Aircraft Ltd., operating as Horizon Aircraft, is an aerospace original equipment manufacturer that designs and develops hybrid-electric vertical takeoff and landing aircraft for the regional air mobility market. Its primary product under development is the Cavorite X7, a seven-seat aircraft featuring patented fan-in-wing technology that combines vertical takeoff and landing capabilities with conventional aerodynamic forward flight. The company focuses on the advanced air mobility sector, aiming to serve both civilian and military markets, and plans to license its proprietary aerospace intellectual property.
Company profile, executives and historyNew Horizon Aircraft stock: common questions
What is New Horizon Aircraft's stock price?
HOVRW closed at $0.24 on Oct 30, 2026, down 8.53% on the day.
What is New Horizon Aircraft's market cap?
New Horizon Aircraft was worth $79.86M at the close on Oct 30, 2026: the share price times the diluted shares outstanding.
What is HOVRW's P/E ratio?
New Horizon Aircraft lost money over the twelve months to Aug 31, 2026 (diluted EPS -0.57 CAD), so it has no meaningful P/E ratio.
Does New Horizon Aircraft pay a dividend?
No. New Horizon Aircraft has not paid a cash dividend over the last twelve months.
When does New Horizon Aircraft report earnings next?
New Horizon Aircraft is expected to report Q2 FY2027 results on Jan 13, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has HOVRW stock performed over the past year?
Including dividends, HOVRW returned -49.1% over the past year, against +12.4% for the S&P 500.
Who are New Horizon Aircraft's competitors?
Companies most similar to New Horizon Aircraft by business, industry and size include EVTL, ACHR, BETA, JOBY, EVEX.