Should I Buy HOVR? HOVR 2026 Analysis

Should You Buy New Horizon Aircraft Ltd (HOVR) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Sell

Latest Price

1.850

1 Day change

8.82%

52 Week Range

4.180

Analysis Updated At

2026/02/04

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Not a good buy right now for an impatient investor: trend and fundamentals are both unfavorable.
Price is sitting just above near-term support (S1 1.827), which can produce a short bounce, but there is no strong signal confirming a durable reversal.
Heavy insider selling (+256.86% last month) and worsening losses (2026/Q2) outweigh any oversold/mean-reversion appeal.

Technical Analysis

Trend/momentum: Bearish. MACD histogram is below 0 (-0.0648) and negatively expanding, signaling strengthening downside momentum.
RSI: 32.49 (RSI_6) is weak and close to oversold, which can support a short-term bounce, but it is not a confirmed buy signal by itself.
Moving averages: Converging MAs suggest consolidation after a drop, not a clear uptrend start.
Key levels: Current 1.855 is just above S1 1.827 (break risks a move toward S2 1.638). Upside resistance begins at Pivot 2.132 then R1 2.438.
Price action context: Regular session -7.47% (risk-off), with a small post-market rebound (+3.33%) that does not change the overall bearish structure.
Intellectia Proprietary Trading Signals:
- AI Stock Picker: No signal on given stock today.
- SwingMax: No signal on given stock today.

Positive Catalysts

- RSI near oversold could produce a reflex bounce.

Neutral/Negative Catalysts

- Insider sentiment: Insiders are selling aggressively; selling amount increased 256.86% over the last month.
- Momentum: MACD is bearish and deteriorating (downside momentum expanding).
- Fundamental narrative: zero revenue and accelerating losses reduce confidence in any rally being sustainable.
- No recent news catalysts in the last week to drive a positive re-rating.
- If price breaks below 1.827 support, technical downside opens toward ~1.638 (S2).

Financial Performance

Latest quarter: 2026/Q2.
Revenue: 0 (no growth; effectively no operating traction shown in the snapshot).
Net income: -8.65M, down 143.99% YoY (losses widened materially).
EPS: -0.21, down 125.30% YoY (deteriorating per-share performance).
Gross margin: 0 (consistent with no meaningful revenue/base business in the snapshot).

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating or price target change data was provided, so no meaningful recent trend can be confirmed.
Wall Street pro view (inference from available data only): Pros would likely focus on speculative upside/optionality and potential technical bounces near support.
Wall Street con view (supported by provided data): worsening losses, no revenue shown, and heavy insider selling would be key negatives.

Analyst Rating

Wall Street analysts forecast HOVR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HOVR is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy

Hold

Sell

Current: 1.700

Low

Averages

High

Current: 1.700

Low

Averages

High

D. Boral Capital

Jesse Sobelson

Strong Buy

Maintains

AI Analysis

2025-04-21

Reason