New Horizon Aircraft Ltd (HOVR) Stock Overview
Explore New Horizon Aircraft Ltd’s financial performance, market position, analyst ratings, and future outlook.
New Horizon Aircraft Ltd (HOVR)
Key Financials
Key Financials
Market Cap
85.2M
P/E Ratio
-3.03
EPS (TTM)
$-0.41
ROE
-0.53%
HOVR Stock Analysis & Investment Overview (NASDAQ)
Our AI-powered analysis of New Horizon Aircraft Ltd (NASDAQ: HOVR) gives investors deep insight into how the stock performs on the NASDAQ exchange, its growth potential, and its market positioning. With a Meyka AI Score of B, New Horizon Aircraft Ltd's NASDAQ-listed shares demonstrate moderate investment characteristics based on our machine learning models.
The current technical analysis of HOVR on the NASDAQ shows an RSI of 20.36, suggesting the stock is in a an oversold condition. Our forecasting models predict a 12-month price target of $3.91 for the NASDAQ listing.
Key metrics behind New Horizon Aircraft Ltd's NASDAQ-traded stock include a P/E ratio of -3.03 and a market capitalization of 85.2M. Combined with our AI analysis, these give both institutional and retail investors a clear view of HOVR on the NASDAQ.