New Horizon Aircraft Ltd (HOVR)

NASD · Industrials · Aerospace & Defense · Canada

New Horizon Aircraft Ltd is a micro cap company (market value under $300 million) in the Aerospace & Defense industry.

New Horizon Aircraft Ltd is an aerospace manufacturer designing and building a hybrid-electric vertical takeoff and landing aircraft called the Cavorite X7 for regional air mobility. The aircraft combines helicopter-like vertical capabilities with airplane-like forward flight efficiency for transporting people and goods across regional distances.

From its FY2026 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the New Horizon Aircraft Ltd stock.

Our verdict on HOVR

Not valued: We cannot value this company yet.

ETFs with the most weight in HOVR

• Gabelli Commercial Aerospace and Defense Fund (GCAD): 0.2% of the fund

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• Stocks in Canada
• Industrials stocks in Canada

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Is HOVR undervalued or overvalued?

We do not publish a verdict on HOVR yet. We are missing a figure this valuation depends on. We would rather say so than show a number built on a guess.

What is the intrinsic value of HOVR?

We do not publish one (as of the 2026-10-30 close). We are missing a figure this valuation depends on. We would rather say so than show a number built on a guess.