New Horizon Aircraft (HOVR) Set to Announce Quarterly Earnings on Friday

New Horizon Aircraft (NASDAQ:HOVR) is anticipated to post its Q1 2027 results before the market opens on Friday, October 9th. Analysts expect the company to post earnings of ($0.0884) per share for the quarter. Parties may visit the the company’s upcoming Q1 2027 earning summary 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 released its quarterly earnings results on Thursday, July 16th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating 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

NASDAQ:HOVR opened at $1.60 on Wednesday. The firm has a market capitalization of $106.93 million, a price-to-earnings ratio of -2.81 and a beta of 3.83. The business has a 50 day simple moving average of $1.76 and a 200-day simple moving average of $1.91. New Horizon Aircraft has a 1 year low of $1.16 and a 1 year high of $4.18.

Wall Street Analysts Forecast Growth

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

New Horizon Aircraft Company Profile

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.