New Horizon Aircraft Ltd. (HOVR)Industrials | Aerospace & Defense | Lindsay, Canada | NasdaqCM
1.75 USD
-0.08
(-4.372%) ⇩
(April 20, 2026, 4 p.m.
EDT)
Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 11:49 p.m. EDT
High-conviction short signal driven by deteriorating fundamentals and a negative 45-day directional forecast; despite the 'Strong Buy' analyst rating and low debt, the company is burning cash with negative cash flow and negative earnings, making it a poor candidate for entry or hold. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.189353 |
| AutoARIMA | 0.215831 |
| AutoETS | 0.215835 |
| MSTL | 0.275761 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 4.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.730 |
| Excess Kurtosis | -0.30 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 0.099 |
| Market Cap | 79,210,856 |
| Forward P/E | -1.94 |
| Beta | 3.14 |
| Previous Name | Pono Capital Three, Inc. |
| Website | https://www.horizonaircraft.com |
| Attribute | Value |
|---|---|
| 52 Week Change | 2.6231885 |
| Address1 | 3,187 Highway 35 |
| All Time High | 12.145 |
| All Time Low | 0.24 |
| Ask | 2.22 |
| Ask Size | 2 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 761,580 |
| Average Daily Volume3 Month | 706,767 |
| Average Volume | 706,767 |
| Average Volume10Days | 761,580 |
| Beta | 3.141 |
| Bid | 1.32 |
| Bid Size | 2 |
| Book Value | 0.1340603 |
| City | Lindsay |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.75 |
| Current Ratio | 14.809 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 1.835 |
| Day Low | 1.725 |
| Debt To Equity | 0.099 |
| Display Name | Pono Capital Three |
| Earnings Call Timestamp End | 1,776,169,800 |
| Earnings Call Timestamp Start | 1,776,169,800 |
| Earnings Timestamp | 1,776,169,800 |
| Earnings Timestamp End | 1,776,169,800 |
| Earnings Timestamp Start | 1,776,169,800 |
| Ebitda | -22,442,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -2.933 |
| Enterprise Value | 65,827,860 |
| Eps Current Year | -0.9775 |
| Eps Forward | -0.90169907 |
| Eps Trailing Twelve Months | -0.67 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.7368 |
| Fifty Day Average Change | 0.013200045 |
| Fifty Day Average Change Percent | 0.00760021 |
| Fifty Two Week Change Percent | 262.31885 |
| Fifty Two Week High | 4.18 |
| Fifty Two Week High Change | -2.4299998 |
| Fifty Two Week High Change Percent | -0.5813397 |
| Fifty Two Week Low | 0.45 |
| Fifty Two Week Low Change | 1.3 |
| Fifty Two Week Low Change Percent | 2.8888888 |
| Fifty Two Week Range | 0.45 - 4.18 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 1,680,528,600,000 |
| Float Shares | 30,374,875 |
| Forward Eps | -0.90169907 |
| Forward P E | -1.9407805 |
| Free Cashflow | -6,980,125 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 30 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.33905 |
| Held Percent Institutions | 0.027780002 |
| Implied Shares Outstanding | 45,263,349 |
| Industry | Aerospace & Defense |
| Industry Disp | Aerospace & Defense |
| Industry Key | aerospace-defense |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,748,649,600 |
| Long Business Summary | New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada. |
| Long Name | New Horizon Aircraft Ltd. |
| Market | us_market |
| Market Cap | 79,210,856 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_705265053 |
| Most Recent Quarter | 1,772,236,800 |
| Name Change Date | 2,026-04-20 |
| Net Income To Common | -33,063,000 |
| Next Fiscal Year End | 1,780,185,600 |
| Non Diluted Market Cap | 79,210,859 |
| Number Of Analyst Opinions | 5 |
| Open | 1.8 |
| Operating Cashflow | -14,294,000 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.0 |
| Phone | 613 866 1935 |
| Pre Market Change | 0.09000003 |
| Pre Market Change Percent | 5.1428595 |
| Pre Market Price | 1.84 |
| Pre Market Time | 1,776,771,456 |
| Prev Name | Pono Capital Three, Inc. |
| Previous Close | 1.83 |
| Price Eps Current Year | -1.7902813 |
| Price Hint | 4 |
| Price To Book | 13.053828 |
| Profit Margins | 0.0 |
| Quick Ratio | 14.04 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | -0.08 |
| Regular Market Change Percent | -4.37159 |
| Regular Market Day High | 1.835 |
| Regular Market Day Low | 1.725 |
| Regular Market Day Range | 1.725 - 1.835 |
| Regular Market Open | 1.8 |
| Regular Market Previous Close | 1.83 |
| Regular Market Price | 1.75 |
| Regular Market Time | 1,776,715,201 |
| Regular Market Volume | 542,937 |
| Return On Assets | -0.87903 |
| Return On Equity | -3.13008 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Shares Outstanding | 45,263,348 |
| Shares Percent Shares Out | 0.0399 |
| Shares Short | 1,792,317 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 2,610,725 |
| Short Name | New Horizon Aircraft Ltd. |
| Short Percent Of Float | 0.048600003 |
| Short Ratio | 2.51 |
| Source Interval | 15 |
| State | ON |
| Symbol | HOVR |
| Target High Price | 18.109781 |
| Target Low Price | 3.2699842 |
| Target Mean Price | 8.5393095 |
| Target Median Price | 5.603281 |
| Total Cash | 19,674,000 |
| Total Cash Per Share | 0.435 |
| Total Debt | 14,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.67 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.90905 |
| Two Hundred Day Average Change | -0.15904999 |
| Two Hundred Day Average Change Percent | -0.08331368 |
| Type Disp | Equity |
| Volume | 542,937 |
| Website | https://www.horizonaircraft.com |
| Zip | K9V 4R1 |