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HOVR Stock Forecast & Price Target

HOVR Analyst Ratings

Based on 2 analyst ratings
Strong Buy
Strong Buy 100%
Buy 0%
Hold 0%
Sell 0%
Strong Sell 0%

Bulls say

New Horizon Aircraft Ltd demonstrates a solid financial outlook with an expected operational cash burn of approximately $5 million CAD from May 2024 to May 2025, indicating the company's capacity to finance ongoing operations and technical investments until late 2025. The company achieved a notable fully diluted earnings per share of $0.80, primarily driven by a significant accounting gain of approximately $20 million from the termination of a Forward Purchase Agreement liability. Additionally, following a strategic financing initiative that raised more than $8 million CAD, New Horizon Aircraft’s pro forma cash balance now stands at $11.1 million CAD, providing a strong financial foundation for future growth and innovation.

Bears say

New Horizon Aircraft Ltd is expected to face a significant increase in operating losses, with the forecast for FY25 rising to $11.75 million from a prior estimate of $5 million, indicating a concerning trend in financial performance. This adjustment results in an additional cash burn of $6.75 million anticipated over the next six months, which could strain the company's liquidity and financial stability. Such deteriorating financial metrics highlight potential challenges in achieving operational goals and maintaining investor confidence in the company's long-term prospects.

HOVR has been analyzed by 2 analysts, with a consensus rating of Strong Buy. 100% of analysts recommend a Strong Buy, 0% recommend Buy, 0% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of New Horizon Aircraft Ltd and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About New Horizon Aircraft Ltd (HOVR) Forecast

Analysts have given HOVR a Strong Buy based on their latest research and market trends.

According to 2 analysts, HOVR has a Strong Buy consensus rating as of Jul 24, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $2, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $2, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

New Horizon Aircraft Ltd (HOVR)


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