Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
New Horizon Aircraft Ltd., an aerospace engineering company, focuses on designing and developing the hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market primarily in the United States. It is developing 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.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers.
Target Price
The average target price of HOVR is 8.4 and suggests 299% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
Buy
Sell