New Horizon Aircraft (HOVR) Expected to Release Earnings on Thursday

New Horizon Aircraft (NASDAQ:HOVR) is anticipated to issue its Q4 2026 results before the market opens on Thursday, July 16th. Analysts expect New Horizon Aircraft to post earnings of ($0.11) per share for the quarter. Interested persons can check the company’s upcoming Q4 2026 earning results page for the latest details on the call scheduled for Thursday, July 16, 2026 at 8:30 AM ET.

New Horizon Aircraft (NASDAQ:HOVR) last released its earnings results on Tuesday, April 14th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.03). On average, analysts expect New Horizon Aircraft to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

New Horizon Aircraft Price Performance

HOVR stock opened at $1.68 on Thursday. New Horizon Aircraft has a 12 month low of $1.16 and a 12 month high of $4.18. The firm has a market cap of $94.72 million, a PE ratio of -2.47 and a beta of 3.84. The firm has a 50 day simple moving average of $2.28 and a 200 day simple moving average of $1.98.

Analysts Set New Price Targets

Separately, D. Boral Capital restated a “buy” rating and issued a $11.00 price target on shares of New Horizon Aircraft in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $14.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Scientech Research LLC acquired a new position in New Horizon Aircraft during the third quarter valued at $35,000. Bank of America Corp DE purchased a new stake in shares of New Horizon Aircraft in the second quarter worth approximately $27,000. Gabelli Funds LLC purchased a new stake in shares of New Horizon Aircraft in the third quarter worth approximately $51,000. Marshall Wace LLP acquired a new stake in shares of New Horizon Aircraft during the second quarter worth approximately $38,000. Finally, LPL Financial LLC acquired a new stake in shares of New Horizon Aircraft during the fourth quarter worth approximately $35,000. Hedge funds and other institutional investors 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.