New Horizon Aircraft (HOVR) Expected to Announce Quarterly Earnings on Tuesday

New Horizon Aircraft (NASDAQ:HOVR) is expected to be posting its Q3 2026 results before the market opens on Tuesday, April 14th. Analysts expect New Horizon Aircraft to post earnings of ($0.09) per share for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, April 16, 2026 at 9:30 AM ET.

New Horizon Aircraft (NASDAQ:HOVR) last posted its quarterly earnings data on Wednesday, January 14th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.07).

New Horizon Aircraft Stock Performance

NASDAQ:HOVR opened at $1.48 on Tuesday. The stock’s fifty day moving average price is $1.79 and its two-hundred day moving average price is $2.02. New Horizon Aircraft has a 52-week low of $0.35 and a 52-week high of $4.18. The company has a market cap of $65.49 million, a price-to-earnings ratio of -2.03 and a beta of 3.14.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of New Horizon Aircraft in a research note on Thursday, January 22nd. JonesTrading assumed coverage on New Horizon Aircraft in a research note on Monday, February 23rd. They issued a “buy” rating and a $18.00 price target on the stock. Finally, D. Boral Capital reissued a “buy” rating and issued a $11.00 price target on shares of New Horizon Aircraft in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $14.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Scientech Research LLC acquired a new position in shares of New Horizon Aircraft in the 3rd quarter valued at $35,000. Bank of America Corp DE acquired a new position in shares of New Horizon Aircraft in the 2nd quarter valued at $27,000. Gabelli Funds LLC acquired a new position in shares of New Horizon Aircraft in the 3rd quarter valued at $51,000. Marshall Wace LLP acquired a new stake in New Horizon Aircraft during the 2nd quarter worth $38,000. Finally, LPL Financial LLC acquired a new stake in New Horizon Aircraft during the 4th quarter worth $35,000. Institutional investors and hedge funds own 65.97% of the company’s stock.

New Horizon Aircraft Company Profile

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.