New Horizon Aircraft (HOVR) to Release Earnings on Thursday

New Horizon Aircraft (NASDAQ:HOVR) is projected to post its Q4 2026 results before the market opens on Thursday, July 16th. Analysts expect the company to post earnings of ($0.11) per share for the quarter. Investors may visit the the company’s upcoming Q4 2026 earning report 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 quarterly earnings data on Tuesday, April 14th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate 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

New Horizon Aircraft stock opened at $1.73 on Wednesday. The company has a market capitalization of $97.54 million, a PE ratio of -2.54 and a beta of 3.84. New Horizon Aircraft has a one year low of $1.16 and a one year high of $4.18. The business has a 50 day simple moving average of $2.25 and a 200 day simple moving average of $1.98.

Institutional Trading of New Horizon Aircraft

Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC increased its holdings in shares of New Horizon Aircraft by 15.0% during the fourth 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. Virtu Financial LLC acquired a new position in shares of New Horizon Aircraft in the 3rd quarter worth approximately $244,000. Quadrature Capital Ltd acquired a new position in shares of New Horizon Aircraft in the 4th quarter worth approximately $96,000. Marshall Wace LLP bought a new stake in New Horizon Aircraft during the 4th quarter worth approximately $63,000. Finally, LPL Financial LLC bought a new stake in New Horizon Aircraft during the 4th quarter worth approximately $35,000. 65.97% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, D. Boral Capital reiterated 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target 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.