Exchange: NASDAQ·Updated 07:52 PM EST
HOVR logo

HOVR New Horizon Aircraft Ltd

$1.19
$0.025
(2.15%)
Today
Closed $1.19
$0.02
(1.68%)
After Hours
Reported EarningsOct 9
Mkt Cap$78.2M
Vol292,138.00

About HOVR

New Horizon Aircraft Ltd. engages in manufacturing of aircraft. It focuses on designing next generation hybrid electric vertical takeoff and landing aircraft for the regional air mobility market. The company was founded by Eric Brandon Robinson and E. Brian Robinson in 2013 and is headquartered in Lindsay, Canada.
60

Bullish Sentiment

How do you feel about HOVR?

AnthonyTradingWithJesus
$HOVR $JOBY Very cool seeing the Joby S4 today. It really opened my eyes to how awesome the Cavorite X7 is going to be. EVTOLs are gonna run hard this week. News is out 🌮 bought Joby. HOVR having great progress in their earnings call, full scale coming. We blessed to be here in this Time-Space.
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AnthonyTradingWithJesus
$HOVR These emotional Bear posts from people who have been around for like 72 hours are kinda funny.
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AnthonyTradingWithJesus
$HOVR thankful I had the opportunity to pick up more today. Future will be here before you know it.
10
Pdiddler
$HOVR if you won’t even hold until the release of the X7 then why buy in the first place?
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Mounsors29
$HOVR As others have noted, I can see this stock trending downwards until Q1 of next year. The increasing macro uncertainty is not helpful. If and when the first tests are delivered, I anticipate a sharp rise but we’re probably 6 months out from them. Pick up at cheaper prices in the meantime!
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imbroke89
$HOVR This company is worth investing in, I have no doubt. But, I also have no doubt you can wait until the new year and buy in at $1 or less
5
Jinxman
$HOVR I comprehend physics and the math of physics does not lie; thus 🙃, I appreciate my investment here into HOVR, and also the best of a CEO...etc.
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Mounsors29
$HOVR Reading people use the dreaded "reverse split" term on here, and I couldn't disagree more. The CFO has previously shown excellent and patient share management. For example, he diluted at ~$2.25; he didn't RS when the price was previosuly below $1. A RS would not be consisent with the strategy they have showcased to date. The share price is down because the broader macro looks uncertain and the effects are growing to be more costly. This harms pre-revs more because pre-revs cannot raise their prices to match the rise in costs; there aren't any sales. So yes, the share price will reflect this rise in costs and likely drift further down at least for another 6 months. HOVR have $50,000,000 on the hip and almost no debt. There are ~70,000,000 shares in circulation. When you include all the intellectual property, the initial sunken cost of starting up, the patents, LOIs etc, I find it hard to justify a share price below $1. I have 1000 shares to my name, and will be buying 4000 more.
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Mounsors29
$HOVR For me, this is one of the best value pre rev companies listed. They have 70 million in cash, and with 67 million shares in circulation at a rate of 1.56 a share, you’ve got a market cap of 104 million. My opinion is that the prototype, the letters of intent for 200 aircraft (amounting to well over 1 billion$) and the patents in place are worth more than 34 million. Will there be more dilution? Yes, but in at least 18 months time. If Brandon Robinson can stick to schedule, (and that is a risky if) I fail to see how this doesnt become a company with a billion market cap. Even at 200,000,000 shares in circulation, that’s 5 dollars a share. Tell me where you disagree if you do!
6
Reso
$HOVR Seriously, the amount of garbage some people are posting here is insane. Why would they need a Reverse split at 1,5 USD? Why would they dilute at 1.5 USD, if their average for raises is around 2,4 USD? The stock being down due to macro has absolutely nothing to do with the company, its just par for the course for a pre revenue OEM. Either calm down or stop looking at the stock price every damn day.
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MGZ89
$HOVR EXTREME dilution risk. Want to be scientists who are in the business of issuing shares against any share price increase....and they do it within hours, like hungry hyenas feasting on a carcass.
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DC100
$HOVR MGZ89 reading your posts back in may last year on HOVR you were all Bullish. Sounds like you bought high and sold low. A common mistake. Go back to your Gold stocks.. Bullish
5
dhoye
$HOVR seeing some false info getting spread on here so heres the actual facts straight from the filings and Q1 report: - 70+ mil cash as of Aug 31 - R&D spend up vs G&A, money going into the aircraft - full scale X7 demonstrator done around end of Q1 2027 then ground and flight testing - partners: BETA Technologies, Marshall Aerospace, RAMPF, North Aircraft - $1B+ in LOIs, up to 200 aircraft + 5 leases - meetings with Transport Canada on the path to certification do your own DD and read the filings yourself. Watch the interviews. Hard not to be bullish once you dig in.
5
Trademain
$HOVR rethinking entry on 1.13 to .89 at this rate it’s going to zero with no bounce … 27 M value of company now without cash
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MGZ89
$HOVR pile of shit, literally! A fraud. Beware, any move upwards will be met with an immediate dilution by management. You have been warned.
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MGZ89
$HOVR stay away! Extremely high dilution risk here. Highly opportunistic management that will dilute just to hoard cash and pay themselves. Let these Canadian scumb•gs fund their BS science project from some where other than your pocketbook.
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TeslaCoil
$HOVR Just added 12k more shares. I'm officially done buying HOVR. Now it's time to ride this out
4
imbroke89
$HOVR I sold my shares in this, regrettably with the idea of investing elsewhere. That said, I very much believe in HOVR and think its going to rocket, its just going to be a bit. I just hope its not too late by the time i get back in. My plan is to start buying again in Nov, early Dec. Wish I would have kept my 4k shares and just kept accumulating. Want to have 10k by March 2027
1
Democharge
$HOVR Macro is going to be in control probably until January; the bad news is that the stock is going to get hit hard, the good news is that youll have ample time to hit whatever share goal you have
3
MarketGuru1111
$HOVR $JOBY Seeing up close and in person will convince you it’s close to FAA Certification! Watch this space…
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