New Horizon Aircraft Ltd. (HOVR) Stock Forecast Oct. 14, 2026
Analysis updated on Oct. 14, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
New Horizon Aircraft Ltd. (HOVR) stock forecast summary
On Oct. 14, 2026, HOVR is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5379 stocks scored that day.
New Horizon Aircraft Ltd. is a small-cap company with a market capitalization of $98M. It ranks number 11 by market capitalization among the 16 Aircraft issuers in our coverage with a current forecast. Its Current Ratio of 30.19x is the highest of the 13 peers that report one.
A per-ticker accuracy statistic for HOVR is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.3%, buy ≥ +0.5%, sell < -0.5%, strong sell < -1.6% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-13 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, HOVR included.
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How HOVR ranks among 5379 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
New Horizon Aircraft Ltd. (HOVR) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Aircraft peers listed below that report each metric.
Valuation & Market
| Metric | HOVR | Rank |
|---|---|---|
| Market Cap | $98M | 11/16 |
| P/B Ratio | 1.44x | 8/10 |
| EPS | $-0.54 | – |
| Book Value/Share | $1.01 | – |
| FCF/Share | $-0.34 | – |
Profitability & Margins
| Metric | HOVR | Rank |
|---|---|---|
| ROE | -38.8% | 3/7 |
| ROA | -34.9% | 6/8 |
| ROIC | -36.6% | 7/12 |
Financial Health
| Metric | HOVR | Rank |
|---|---|---|
| Current Ratio | 30.19x | 1/13 |
| D/E Ratio | 0.11x | 10/11 |
| Financial Leverage | 1.11x | 10/11 |
| Interest Coverage | -5909.0x | 13/13 |
| Working Capital | $71M | 8/13 |
Cash Flow
| Metric | HOVR | Rank |
|---|---|---|
| Operating Cash Flow | -$21M | 7/12 |
| Free Cash Flow | -$23M | 2/9 |
| Capital Spending | -$2M | 2/9 |
Income Statement
| Metric | HOVR | Rank |
|---|---|---|
| Operating Income | -$26M | 7/12 |
| Net Income | -$26M | 4/8 |
| R&D Expense | $18M | 8/11 |
Dividend & Shareholder Information
| Metric | HOVR | Rank |
|---|---|---|
| Shares Outstanding | 67M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $74M | 97.9% of assets |
| Cash & Short-term Investments | $70M | 92.9% of assets |
| Accounts Receivable | $1M | 1.6% of assets |
| Total Liabilities | $8M | 10.2% of assets |
| Short-term Debt | $830K | 1.1% of assets |
HOVR quarterly financials and insider trading
New Horizon Aircraft Ltd. (HOVR) industry peers
Companies classified under the same SEC industry code as New Horizon Aircraft Ltd. (Aircraft): 17 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| HOVR New Horizon Aircraft Ltd. | ▶ | $98M |
| BA Boeing Co | ▼ | $147.40B |
| EMBJ Embraer S.A. | ▶ | $51.94B |
| AVAV Aerovironment Inc | ▼ | $6.46B |
| JOBY Joby Aviation, Inc. | ▼ | $4.90B |
| BETA Beta Technologies, Inc. | ▼ | $4.26B |
| ACHR Archer Aviation Inc. | ▼ | $3.42B |
| AVEX Aevex Corp. | ▲ | $1.62B |
| EVEX Eve Holding, Inc. | ▲ | $540M |
| AIRO Airo Group Holdings, Inc. | ▼ | $179M |
| DPRO Draganfly Inc. | ▶ | $123M |
| UAVS Ageagle Aerial Systems Inc. | ▼ | $49M |
| EVTL Vertical Aerospace Ltd. | ▼ | $42M |
| MOB Mobilicom Ltd | ▲ | $29M |
| XERI Xeriant, Inc. | ▼ | $9M |
| BRQL Dynamic Aerospace Systems Corp | ▲ | $8M |
| DUKR Duke Robotics Corp. | ▼ | N/A |
Where HOVR sits on the market map
New Horizon Aircraft Ltd. (HOVR) stock news
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New Horizon Aircraft Ltd. (HOVR) stock forecast FAQ
What is the New Horizon Aircraft Ltd. (HOVR) stock forecast?
On Oct. 14, 2026, HOVR is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5379 stocks scored that day.
How accurate are New Horizon Aircraft Ltd. stock predictions?
A per-ticker accuracy statistic for HOVR is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are New Horizon Aircraft Ltd. forecasts updated?
New Horizon Aircraft Ltd. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 14, 2026.
Which companies are New Horizon Aircraft Ltd.'s industry peers?
17 issuers in our coverage, HOVR included, share the SEC industry code Aircraft. The largest are: Boeing Co (BA), Embraer S.A. (EMBJ), Aerovironment Inc (AVAV), Joby Aviation, Inc. (JOBY), Beta Technologies, Inc. (BETA), Archer Aviation Inc. (ACHR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.