HOVR Stock Analysis: Buy, Sell, or Hold?
HOVR - New Horizon Aircraft Ltd. Class A Ordinary Share
$2.40
-0.12 (-4.76%)
▼
5d:
-13.04%
30d:
+1.69%
90d:
+20.0%
WAIT
LOW Confidence
Analysis Updated: Jun 3, 2026 12:00 AM ET
Earnings: Aug 24, 2026
Get Alerted When HOVR Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
2 traders called HOVR this week
100% bullish • 0 bearish
100% bullish • 0 bearish
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
⏸️ WAIT FOR STABILIZATION: HOVR is down 13.0% over the last 5 days. While fundamentals may be solid, catching a falling knife is risky. Wait for price to stabilize before entering.
⏸️ WAIT FOR STABILIZATION: HOVR is down 13.0% over the last 5 days. While fundamentals may be solid, catching a falling knife is risky. Wait for price to stabilize before entering.
In-depth Analysis How we analyze
Valuation Analysis: HOVR is currently trading at $2.40, which is considered fair relative to its 30-day fair value range of $2.14 to $2.73.
Technical Outlook: Technically, HOVR is in a uptrend. Immediate support is located at $2.21, while resistance sits at $3.68. Short-term momentum is weak, with the stock down 4.8% recently.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $7.78 (+224.1%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, HOVR is in a uptrend. Immediate support is located at $2.21, while resistance sits at $3.68. Short-term momentum is weak, with the stock down 4.8% recently.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $7.78 (+224.1%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$2.14 -
$2.73
Company Quality Score
51/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
69.5%
All Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BEARISH: Downward momentum (-4.8%)
- BULLISH: Trading 224.1% below Wall St target ($7.78)
- WARNING: Recommendation downgraded due to -13.0% 5-day decline - wait for stabilization
Trading Range Analysis
30-Day Trading Range
$2.14 -
$2.73
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$2.21
Resistance Level
$3.68
Current Trend
Uptrend
Technical data as of
Jun 3, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-1.55
Wall Street Target
$7.78
(+224.1%)
Share & Embed Analysis
Last updated: June 03, 2026 11:13 PM ET
Data refreshes hourly during market hours. Next update: 12:13 AM
Data refreshes hourly during market hours. Next update: 12:13 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is HOVR showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Aerospace & Defense Stocks
Top-rated stocks in Aerospace & Defense by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
BA
The Boeing Company |
STRONG BUY
27 analysts |
$270 | 57 HOLD |
|
HWM
Howmet Aerospace Inc |
STRONG BUY
25 analysts |
$303 | 55 HOLD |
|
LHX
L3Harris Technologies Inc |
STRONG BUY
25 analysts |
$382 | 56 HOLD |
|
TDG
Transdigm Group Incorpor… |
STRONG BUY
23 analysts |
$1524 | 63 BUY |
|
RTX
RTX Corporation |
BUY
24 analysts |
$215 | 61 BUY |
