HOVR (New Horizon Aircraft) Shares Outstanding (Basic Average): 44.33 Mil (As of Feb. 2026)


HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.89
! 2 Warning Signs
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What is New Horizon Aircraft Shares Outstanding (Basic Average)?

New Horizon Aircraft HOVR -7.14% 14 Shares Outstanding (Basic Average) is 44.33 Mil as of Feb. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. New Horizon Aircraft's average basic shares outstanding for the quarter that ended in Feb. 2026 was 44.33 Mil.

New Horizon Aircraft  (NAS:HOVR) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

New Horizon Aircraft Shares Outstanding (Basic Average) Related Terms

New Horizon Aircraft Shares Outstanding (Basic Average) Historical Data

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The historical data trend for New Horizon Aircraft's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Horizon Aircraft Shares Outstanding (Basic Average) Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25
Shares Outstanding (Basic Average)
16.69 16.69 10.72 25.84

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.47 31.50 37.14 42.08 44.33
HOVR
14GF Score
New Horizon Aircraft Ltd HOVR
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 44.33 Mil mean?
New Horizon Aircraft (HOVR) has a Shares Outstanding (Basic Average) of 44.33 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Shares Outstanding (Basic Average) too high?
New Horizon Aircraft's current Shares Outstanding (Basic Average) is 44.33 Mil. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's Shares Outstanding (Basic Average) compare to VWAV and MNTS?
New Horizon Aircraft's Shares Outstanding (Basic Average) of 44.33 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Aerospace & Defense company?
A good Shares Outstanding (Basic Average) depends on the Aerospace & Defense industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on New Horizon Aircraft and its competitors. New Horizon Aircraft's current Shares Outstanding (Basic Average) is 44.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current Shares Outstanding (Basic Average) of 44.33 Mil. The current Shares Outstanding (Basic Average) is 44.33 Mil. New Horizon Aircraft's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Shares Outstanding (Basic Average) is 44.33 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Horizon Aircraft Business Description

Address 3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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