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Horizon Aircraft Unveils Key Advances for Full-Scale Cavorite X7
ACCESS Newswire (Wed, 21-Jan 8:00 AM ET)
ACCESS Newswire (Mon, 5-Jan 8:00 AM ET)
Horizon Aircraft Partners with Motion Applied to Advance Hybrid eVTOL's Power System
ACCESS Newswire (Thu, 4-Dec 8:00 AM ET)
Horizon Aircraft Welcomes Esteemed Test Pilot-Astronaut Jameel Janjua to its Board of Directors
ACCESS Newswire (Wed, 26-Nov 8:00 AM ET)
Horizon Aircraft's VTOL Targets Flight Operations in Icing Conditions that Ground Most Helicopters
ACCESS Newswire (Fri, 21-Nov 8:00 AM ET)
Canadian Air Force Visits Horizon Aircraft Indicating Growing Interest in Hybrid eVTOL
ACCESS Newswire (Thu, 6-Nov 8:13 AM ET)
Horizon Aircraft to Participate in November and December Conferences
ACCESS Newswire (Mon, 3-Nov 8:20 AM ET)
Horizon Aircraft Awarded INSAT Grant to Help Fund $10.5 Million All-Weather eVTOL Project
ACCESS Newswire (Fri, 24-Oct 8:20 AM ET)
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
New Horizon Aircraft Ltd. - Class A trades on the NASDAQ stock market under the symbol HOVR.
As of January 21, 2026, HOVR stock price climbed to $2.44 with 1,666,415 million shares trading.
HOVR has a beta of 1.35, meaning it tends to be more sensitive to market movements. HOVR has a correlation of 0.03 to the broad based SPY ETF.
HOVR has a market cap of $107.98 million. This is considered a Micro Cap stock.
HOVR has outperformed the market in the last year with a price return of +172.2% while the SPY ETF gained +15.9%. However, in the short term, HOVR had mixed performance relative to the market. It has underperformed in the last 3 months, returning -16.4% vs +2.4% return in SPY. But in the last 2 weeks, HOVR shares have fared better than the market returning +31.9% compared to SPY -0.9%.
HOVR support price is $2.02 and resistance is $2.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HOVR shares will trade within this expected range on the day.
