Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

New Horizon Aircraft Ltd

HOVR ✓ COMPLIANT ☆ Track — members

Nasdaq · Industrials · Aerospace & Defense ·

USA Micro Cap Analyst: BUY

Last Close

$1.97

▼ -1.01%

Market Cap $131.65M · Vol 86.73K

Key Metrics

P/E Ratio

N/A

FWD: N/A

Market Cap

$131.65M

Micro Cap

Div Yield

N/A

EPS Growth

+3.67%

YoY

RSI (14)

57.32

Momentum

Beta

3.96

vs Market

52W High

$4.18

52.87% below

52W Low

$1.17

69.10% above

Volume

86.73K

Avg 258.68K

P/B

3.84

Price-to-book

ROE

N/A

Return on equity

Free Float

78.84%

Public shares

Shariah Compliance8 STANDARDS

✓ Yes, New Horizon Aircraft Ltd (HOVR) stock is Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

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See the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does HOVR pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

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Historical Returns

-1.99%

+13.87%

-18.60%

+11.93%

YTD

+34.01%

+24.68%

-81.31%

N/A

Financials & Valuation

TTM · Annual

Total Revenue	$0.00
Net Income	$-23,991,301.00
Revenue Growth (YoY)	N/A
Gross Margin	N/A
Operating Margin	N/A
Net Profit Margin	N/A
ROE	N/A
ROA · ROIC	-71.79% · N/A

P/E Ratio	N/A
Forward P/E (FY1)	N/A
PEG Ratio	N/A
P/S	N/A
P/B	3.84
P/FCF	N/A
EPS Growth	+3.67%
Outstanding Shares	66.83M

Technical Indicators

50-Day SMA	$1.93
200-Day SMA	$1.93
RSI (14)	57.32
Beta	3.96
52-Week High	$4.18
52-Week Low	$1.17

Volume Today	86.73K
Avg Daily Volume (30D)	258.68K
Relative Volume	0.34x
Volatility (10D)	37.63
Volatility (30D)	92.63
Free Float	78.84%

Analyst Consensus

BUY

Current Price $1.97

Mean Target $8.21

52W Low$1.17 52W High$4.18

Current

Target

$1.17 $4.18

Current Analyst target

+316.64% upside potential · 3 analysts

Identifiers

ExchangeNasdaq

FIGIBBG01G281PY9

ISINCA64550A1075

CountryCanada

Sub-IndustryCommercial Aircraft Manufacturing

Earnings DateOct 8, 2026

TypeStocks

Instrument TypeORD Ordinary Share

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Company Profile

New Horizon Aircraft Ltd. is a Canada-based advanced aerospace company. The Company is engaged in designing and developing hybrid-electric vertical takeoff and landing (VTOL) prototype aircraft for future regional air mobility (RAM) networks. The Company's Cavorite X7 prototype can take off vertically, but once in flight, its patented HOVR wing system reverts to the configuration of a conventional airplane. It operates with up to 30% less hydrocarbon emissions than conventional aircraft conducting similar operations. It is designed with 14 redundant lift fans in hover, through which multiple failures can be tolerated. The Company's Cavorite X7 offers state and federal operations through search and rescue missions and supply delivery to zones affected by tornadoes, hurricanes, landslides, storms, floods, or forest fires. It also provides shuttle and transportation services, plus time-sensitive cargo and goods delivery in underserved, remote regions.