New Horizon Aircraft (HOVR) Set to Post Earnings on Friday

New Horizon Aircraft (NASDAQ:HOVR) is projected to announce its Q1 2027 results before the market opens on Friday, October 9th. Analysts expect New Horizon Aircraft to post earnings of ($0.0884) per share for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Friday, October 9, 2026 at 8:30 AM ET.

New Horizon Aircraft (NASDAQ:HOVR) last posted its quarterly earnings data on Thursday, July 16th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.02. On average, analysts expect New Horizon Aircraft to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

New Horizon Aircraft Price Performance

Shares of HOVR stock opened at $1.60 on Thursday. The company has a market cap of $106.93 million, a price-to-earnings ratio of -2.81 and a beta of 3.83. New Horizon Aircraft has a 1 year low of $1.16 and a 1 year high of $4.18. The firm has a fifty day moving average price of $1.76 and a 200-day moving average price of $1.91.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Weiss Ratings raised shares of New Horizon Aircraft from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 29th. Wall Street Zen raised shares of New Horizon Aircraft from a “strong sell” rating to a “sell” rating in a report on Saturday, July 18th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $14.50.

About New Horizon Aircraft

New Horizon Aircraft Ltd. is an aerospace company developing hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the emerging advanced air mobility market. The company is focused on aircraft that can operate from runways while also performing vertical takeoffs and landings, with the goal of combining the flexibility of helicopters with the efficiency and speed of fixed-wing aircraft.

Its primary product is the Cavorite X5, a five-seat eVTOL aircraft under development. The aircraft incorporates a fan-in-wing design intended to enable vertical flight and transition to efficient forward flight.