A Helicopter’s Lift.
A Plane’s Range.
Horizon Aircraft is building a seven-seat hybrid-electric aircraft that takes off like a helicopter and flies like a plane, yet the market values it at a fraction of Joby and Archer.
Range
Target
km
Seats
Incl. pilot
Market cap
Oct 14
It Has Already Flown.
Horizon’s large-scale prototype has flown hover, forward flight and the transition between them.
Find Horizon
On This Chart.
Some of the discount is earned — the leaders have raised billions and logged real flight hours. The report covers why some of it may not be.
Joby
JOBY
$4.56B
BETA
BETA
$4.13B
Archer
ACHR
$3.14B
Eve
EVEX
$498M
EHang
EH
$287M
Horizon
HOVR
← HOVR
$93M
Vertical
EVTL
$62M
Source: StockAnalysis; Stock Sharks calculations. Market caps as of the October 14, 2026 close.
Enterprise value
What's left after cash: the value the market assigns to the X7 program, its patents, two prototypes in build and a reported $1B+ LOI pipeline.
Market cap
~$93M
Cash
>C$70M (~US$51M)
Debt
Negligible
Runway
~24 months
Company overview
Horizon Aircraft
NASDAQ: HOVR
A hybrid-electric bet on regional air mobility.

Valued At ~$93M.
Decide For Yourself.
01
Investment thesis
02
Valuation vs. seven sector peers
03
Fan-in-wing technology
04
$1B+ LOI pipeline, read honestly
05
Balance sheet & catalyst calendar
▲ Upside
Differentiated aircraft, ~24 months of runway and a pipeline large relative to enterprise value.
▼ Risk
Pre-revenue, non-binding LOIs, financing overhang and a beta near 3.8.
Questions,
Answered.
Is the report really free?
Yes. No card, no call. Enter your name and email and it's sent to your inbox right away.
Is this sponsored content?
Yes. The report is published as part of a paid media partnership between Stock Sharks Research and Horizon Aircraft — which is why it lays out the risks alongside the opportunity. Full disclosure is below.
Is this investment advice?
No. It is for informational and educational purposes only and is not a recommendation to buy or sell any security. Do your own research and consult a licensed adviser.
What happens with my information?
It depends on the boxes you tick. Stock Sharks box: you receive our research and updates. Horizon Aircraft box: your details are shared with Horizon for investor news. Unsubscribe from either anytime. We never sell your data.
Paid media partnership. This page and the accompanying report are published as part of a paid media partnership between Stock Sharks Research and Horizon Aircraft Inc. (NASDAQ: HOVR).
Not investment advice. All content is for informational and educational purposes only and is not a recommendation or solicitation to buy or sell any security. Stock Sharks Research is a financial publishing service and is not a registered investment adviser or broker-dealer. Investing involves risk, including possible loss of principal. Past performance is not indicative of future results.
Data. Market data as of the October 14, 2026 close, from public sources believed reliable. Company figures as reported by Horizon Aircraft. Cavorite X7 performance figures are design targets and have not been flight-tested; peer figures are manufacturer-claimed and approximate. Letters of intent are non-binding and do not represent contracted revenue. Aircraft imagery courtesy of Horizon Aircraft. © 2026 Stock Sharks Research.





