(HOVR) New Horizon Aircraft - Ratings and Ratios
Exchange: NASDAQ • Country: Canada • Currency: USD • Type: Common Stock •
HOVR: Hybrid Electric Aircraft, eVTOL Aircraft, Vertical Takeoff Aircraft
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. Web URL: https://www.horizonaircraft.com
Additional Sources for HOVR Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
HOVR Stock Overview
| Market Cap in USD | 28m |
| Sector | Industrials |
| Industry | Aerospace & Defense |
| GiC Sub-Industry | Aerospace & Defense |
| IPO / Inception | 2024-01-16 |
HOVR Stock Ratings
| Growth 5y | -75.1% |
| Fundamental | - |
| Dividend | - |
| Rel. Strength Industry | -265 |
| Analysts | 5/5 |
| Fair Price Momentum | 0.75 USD |
| Fair Price DCF | - |
HOVR Dividends
No Dividends PaidHOVR Growth Ratios
| Growth Correlation 3m | 90% |
| Growth Correlation 12m | -69.7% |
| Growth Correlation 5y | -81.4% |
| CAGR 5y | -74.18% |
| CAGR/Mean DD 5y | -1.43 |
| Sharpe Ratio 12m | 0.46 |
| Alpha | -31.16 |
| Beta | -1.14 |
| Volatility | 139.49% |
| Current Volume | 586.7k |
| Average Volume 20d | 3576.2k |
What is the price of HOVR stocks?
As of January 22, 2025, the stock is trading at USD 0.90 with a total of 586,700 shares traded.
Over the past week, the price has changed by +4.07%, over one month by +45.69%, over three months by +146.49% and over the past year by -53.86%.
As of January 22, 2025, the stock is trading at USD 0.90 with a total of 586,700 shares traded.
Over the past week, the price has changed by +4.07%, over one month by +45.69%, over three months by +146.49% and over the past year by -53.86%.
Is New Horizon Aircraft a good stock to buy?
No, based on ValueRay Analyses, New Horizon Aircraft (NASDAQ:HOVR) is currently (January 2025) a stock to sell. It has a ValueRay Growth Rating of -75.08 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HOVR as of January 2025 is 0.75. This means that HOVR is currently overvalued and has a potential downside of -16.67%.
No, based on ValueRay Analyses, New Horizon Aircraft (NASDAQ:HOVR) is currently (January 2025) a stock to sell. It has a ValueRay Growth Rating of -75.08 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HOVR as of January 2025 is 0.75. This means that HOVR is currently overvalued and has a potential downside of -16.67%.
Is HOVR a buy, sell or hold?
New Horizon Aircraft has received a consensus analysts rating of 5.00. Therefor, it is recommend to buy HOVR.
New Horizon Aircraft has received a consensus analysts rating of 5.00. Therefor, it is recommend to buy HOVR.
- Strong Buy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecast for HOVR stock price target?
According to ValueRays Forecast Model, HOVR New Horizon Aircraft will be worth about 0.8 in January 2026. The stock is currently trading at 0.90. This means that the stock has a potential downside of -10%.
According to ValueRays Forecast Model, HOVR New Horizon Aircraft will be worth about 0.8 in January 2026. The stock is currently trading at 0.90. This means that the stock has a potential downside of -10%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 2 | 122.2% |
| Analysts Target Price | 2 | 122.2% |
| ValueRay Target Price | 0.8 | -10% |