HOVR — New Horizon Aircraft Ltd

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About New Horizon Aircraft Ltd

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, designs hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It focuses on the design and delivery of the Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically. The company was founded in 2013 and is headquartered in Lindsay, Canada.… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$2.97
Market Cap$135M
Float32.4M
Shares Outstanding54.5M
vs. Analyst Target+184.7% to analyst PT
Dividend RateNone
Analyst Target Price$8.46 (2 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2021 N/A -$1.7M -$613,386 -$1.8M
2022 N/A -$1.2M -$435,959 -$1.4M
2023 N/A -$6.0M N/A -$7.8M
2024 N/A -$8.2M N/A -$4.6M
2025 N/A $5.2M N/A -$13.4M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 N/A -$6.6M
Sep 2025 N/A -$10.9M
Dec 2025 N/A -$8.7M
Mar 2026 N/A -$9.4M

Ownership & Float

Insider Ownership23.9%
Institutional Ownership3.0%
Short Float7.5%
% of All Funds Holding0.29%
Number of Funds Holding24

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$2.13Near-term / short-term trend
Weekly40-Week SMA$2.04Medium-term trend
Weekly80-Week SMA$1.50Cyclical trend (business cycle)
Weekly200-Week SMA$0.00Secular trend (multi-year)
Monthly10-Month SMA$2.04Near-term monthly trend
Monthly20-Month SMA$1.45Medium-term monthly trend
Monthly40-Month SMA$0.00Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$1.10 support 1.58x 10 months ago
$0.30 support 6.05x 17 months ago

Historical Earnings Reactions (16 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.68% 0.32% 50.00% 7.55% -6.40%
1 Day 1.50% 0.04% 50.00% 27.87% -9.74%
1 Week 20.28% 4.95% 75.00% 128.00% -23.46%
2 Weeks 18.74% 0.24% 62.50% 144.00% -71.51%
1 Month 14.29% 0.48% 62.50% 181.25% -80.77%

Next earnings: July 3, 2026 (37 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.24% 39.2% 148
Tuesday -0.70% 38.0% 163
Wednesday 0.82% 44.1% 161
Thursday 0.64% 47.4% 156
Friday 0.60% 44.7% 159

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 3.0%

Insider Transactions — Smart Summary

Total insider ownership: 23.9%

Founder-led management: Eric Brandon Robinson (Co-founder, Chairman & CEO), Brian E. Robinson (Founder & Chief Engineer)

12-Month Insider Activity Summary

Total Filings17
Net Value-$2.9M
Net Shares Change-1,104,358
% of Float-3.4%
C-Suite Filings17
Clusters Detected4

Key Insiders

NameTitleNet ValueFilingsActivity
Robinson Eric Brandon Chief Executive Officer -$850,143.022 3 2 buy, 1 sell
Merker Brian Frederick Chief Financial Officer -$163,919.05 3 2 buy, 1 sell
O'Neill Jason Michael Chief Operating Officer +$19,244.286 2 2 buy
Lee Stewart Murray Head of People and Strategy +$5,037.187 2 2 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-06-10 – 2025-06-11 4 4 +$67,496.901 4 C-suite
2025-06-27 – 2025-07-07 5 4 -$432,465.5 5 C-suite
2025-08-08 – 2025-08-08 3 3 -$595,795.1 3 C-suite
2025-10-03 – 2025-10-16 4 3 -$1.8M 4 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-06-10 O'Neill Jason Michael Chief Operating Officer +$17,768.286 Transaction at $0.58, now +408.9%
2025-06-10 Merker Brian Frederick Chief Financial Officer +$18,391.2 Transaction at $0.58, now +410.3%
2025-06-11 Lee Stewart Murray Head of People and Strategy +$4,668.187 Transaction at $0.58, now +408.2%
2025-06-27 Robinson Eric Brandon Chief Executive Officer +$2,499.75 Transaction at $2.25, now +32.0%
2025-06-27 O'Neill Jason Michael Chief Operating Officer +$1,476 Transaction at $2.25, now +32.0%
2025-06-27 Merker Brian Frederick Chief Financial Officer +$1,689.75 Transaction at $2.25, now +32.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for New Horizon Aircraft Ltd (HOVR) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for HOVR on Trend Edge →