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Added to YB: 2026-10-09

Pitch date: 2026-10-05

HOVR [bullish]

New Horizon Aircraft Ltd.

-14.55%

current return

Author Info

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Company Info

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States.

Market Cap

$152.0M

Pitch Price

$1.65

Price Target

8.50 (+503%)

Dividend

N/A

EV/EBITDA

-3.47

P/E

-2.95

EV/Sales

N/A

Sector

Aerospace and Defense

Category

growth

Show full summary:
We Are Now Fully Focused on Multibaggers - New Horizon Aircraft Ltd.

HOVR (hold): New Horizon Aircraft is a pre-revenue hybrid-electric VTOL developer with a full-scale prototype expected to roll out in roughly six months, followed by ground and flight testing targeted for spring 2027. Prototype reveal, first flight and a production or defense partner could drive milestone-based rerating; from $1.70, a 4–5x outcome implies $6.80–$8.50, though certification remains targeted for 2030.

Read full article (1 min)