WallStSmart
HOVR

New Horizon Aircraft Ltd

NASDAQ: HOVR · INDUSTRIALS · AEROSPACE & DEFENSE

$1.81
-0.55% today

Updated 2026-08-27

Market cap
$131.65M
P/E ratio
P/S ratio
EPS (TTM)
$-0.55
Dividend yield
52W range
$1 – $4
Volume
1.1M

WallStSmart proprietary scores

21
out of 100
Grade: F
Strong Sell
Investment rating
4.3
Growth
C
7.0
Quality
B+
3.0
Profitability
D
5.0
Valuation
C+
3/9
Piotroski F-Score
Weak
1.2
Altman Z-Score
Distress
Industry rank
View all highly rated stocks (75+) →248 stocks currently score above 75

Price targets

Analyst target
$8.45
+366.85%
12-Month target
$0.14
-92.27%
Intrinsic (DCF)
Margin of safety
0 Strong Buy2 Buy0 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Debt/equity 0.00x — low leverage
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 1.15 — distress zone
- Thin margins at 0.00%
- Negative free cash flow $-6.71M

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM
Revenue$0.00$0.00$0.00$0.00
Net income$-1.25M$-6.04M$-8.16M$5.20M$-6.68M
EPS$-0.55
Free cash flow$-1.09M$-3.52M$-3.52M$-12.97M$-6.71M
Profit margin

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
HOVR$131.65M214.33.05.07.0Avoid
SPCX$1.82T308.02.55.06.0Avoid
CAT$405.27B717.38.04.34.5Strong Buy
GE$383.31B656.08.03.74.5Buy
RTX$298.72B596.76.03.76.0Buy
GEV$246.82B698.07.05.05.0Strong Buy

Smart narrative

New Horizon Aircraft Ltd trades at $1.81. Our Smart Value Score of 21/100 indicates the stock is weak. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 1.15, it sits in the distress.

Frequently asked questions

What is New Horizon Aircraft Ltd's stock price?

New Horizon Aircraft Ltd (HOVR) trades at $1.81.

Is New Horizon Aircraft Ltd overvalued?

New Horizon Aircraft Ltd carries a Smart Value Score of 21/100 (Grade F), which we rate Strong Sell. That score blends growth, quality, and valuation into one read.

What is the price target of New Horizon Aircraft Ltd (HOVR)?

The 12-month analyst consensus target is $8.45, about 366.9% above the current $1.81. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

Altman Z-Score?

New Horizon Aircraft Ltd's Altman Z-Score is 1.15, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorINDUSTRIALS
IndustryAEROSPACE & DEFENSE
CountryUSA
ExchangeNASDAQ
CurrencyUSD

Quick metrics

P/S ratio
ROE-184.55%
Beta3.88
50D MA$1.94
200D MA$1.93
Shares out0.07B
Float0.05B
Short ratio
Avg volume1.1M

Performance

1 week
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YTD
1 year
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