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  • 11 Sep 2025

HOVR: Continues to make steady progress toward development milestones. Increasing our 12-month valuation target to 2.


New Horizon Aircraft Ltd. Class A (HOVR:NAS) | 0 0 0.0%


  • Zacks Small Cap Research
    • Brian Lantier

    • 12 pages


 

Horizon Aircraft (NASDAQ: HOVR) is an early-stage aerospace OEM that is developing a hybrid electric vertical takeoff and landing ("eVTOL") aircraft for the regional air mobility market. Horizon Aircraft's recently released 10-K revealed the steady progress the company has made over the past year (roughly doubling its staff) and a recent capital raise has given the company adequate capital to fund operations for at least the next twelve months. The market frenzy in the eVTOL space has cooled with most of the stocks in the industry trading 25-50% below their August highs but still well above the Spring 2025 lows. The prospect of some eVTOL companies commencing commercial operations in 2026 could be a catalyst for Horizon's shares in the coming months.

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HOVR: Continues to make steady progress toward development milestones. Increasing our 12-month valuation target to 2.


New Horizon Aircraft Ltd. Class A (HOVR:NAS) | 0 0 0.0%


  • Published: 11 Sep 2025
  • Author: Brian Lantier
  • Pages: 12
  • Zacks Small Cap Research


Horizon Aircraft (NASDAQ: HOVR) is an early-stage aerospace OEM that is developing a hybrid electric vertical takeoff and landing ("eVTOL") aircraft for the regional air mobility market. Horizon Aircraft's recently released 10-K revealed the steady progress the company has made over the past year (roughly doubling its staff) and a recent capital raise has given the company adequate capital to fund operations for at least the next twelve months. The market frenzy in the eVTOL space has cooled with most of the stocks in the industry trading 25-50% below their August highs but still well above the Spring 2025 lows. The prospect of some eVTOL companies commencing commercial operations in 2026 could be a catalyst for Horizon's shares in the coming months.

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HOVR: Progress made on all fronts. Putting the pieces in place today to complete the full-scale prototype in 2026.

Companies: New Horizon Aircraft Ltd. Class A

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HOVR: Methodically working toward commercialization. Investor enthusiasm for eVTOLs remains euphoric.

Companies: New Horizon Aircraft Ltd. Class A

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HOVR: eVTOLs Take Center-Stage

Companies: New Horizon Aircraft Ltd. Class A

Zacks Small Cap Research
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