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

New Horizon Aircraft (NASDAQ:HOVR) is expected to be issuing its Q3 2026 results before the market opens on Tuesday, April 14th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Parties 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 released its quarterly earnings results on Wednesday, January 14th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.07).

New Horizon Aircraft Price Performance

NASDAQ HOVR opened at $1.48 on Tuesday. The firm has a market cap of $65.49 million, a PE ratio of -2.03 and a beta of 3.14. New Horizon Aircraft has a one year low of $0.35 and a one year high of $4.18. The stock’s 50 day simple moving average is $1.79 and its 200 day simple moving average is $2.02.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Quadrature Capital Ltd acquired a new position in New Horizon Aircraft during the 4th quarter worth $96,000. Marshall Wace LLP acquired a new position in New Horizon Aircraft during the 4th quarter worth $63,000. Renaissance Technologies LLC lifted its holdings in New Horizon Aircraft by 15.0% during the 4th quarter. Renaissance Technologies LLC now owns 695,100 shares of the company’s stock worth $1,022,000 after buying an additional 90,500 shares in the last quarter. LPL Financial LLC acquired a new position in New Horizon Aircraft during the 4th quarter worth $35,000. Finally, Scientech Research LLC acquired a new position in New Horizon Aircraft during the 3rd quarter worth $35,000. Institutional investors and hedge funds own 65.97% of the company’s stock.

Wall Street Analysts Forecast Growth

HOVR has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of New Horizon Aircraft in a research report on Thursday, January 22nd. JonesTrading initiated coverage on New Horizon Aircraft in a research report on Monday, February 23rd. They set a “buy” rating and a $18.00 price target on the stock. Finally, D. Boral Capital restated a “buy” rating and set a $11.00 price target on shares of New Horizon Aircraft in a research report on Wednesday, February 11th. Two 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, New Horizon Aircraft has a consensus rating of “Hold” and a consensus target price of $14.50.

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.