MetaCap

New Horizon Aircraft (HOVR) vs Merlin (MRLN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

New Horizon Aircraft (HOVR) has outperformed Merlin (MRLN) over the past year, losing 54.7% versus a loss of 88.7%. Merlin is the larger company by market cap ($126.3 million vs $104.0 million), about 1.2 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

HOVR-54.68%MRLN-88.69%
+52%-22%-95%
Oct 9, 20251 yearOct 9, 2026
HOVR+113.79%MRLN-87.32%
+354%+123%-108%
Dec 2, 20245 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

HOVR versus MRLN key metrics
MetricHOVRMRLN
Share price$1.55$1.25
Market cap$104.04M$126.33M
1-day change+1.31%-8.09%
YTD return+5.44%-88.34%
1-year return-54.68%-88.69%
EPS (TTM)$-0.57$-5.85
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$4.18$17.00
52-week low$1.16$1.22
Distance from 52-week high-62.92%-92.65%
Analyst consensusnonestrong_buy
Avg. price target upside+432.26%+586.40%
Average volume865.66K2.21M
Shares outstanding67.12M101.07M
Employees58—
SectorIndustrialsTechnology
IndustryAerospaceEDP Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • HOVR has outperformed MRLN by 34.0 percentage points over the past year.
  • The two companies sit in different sectors: New Horizon Aircraft in Industrials and Merlin in Technology.

About New Horizon Aircraft

HOVR stock →

New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, engages in designing and building hybrid-electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the United States. It also designs and delivers Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically.

Industrials · Aerospace · 58 employees

About Merlin

MRLN stock →

Merlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand. The company provides an aircraft-agnostic, AI-powered software platform that enables autonomous flight for both legacy and next-generation airborne systems.

Technology · EDP Services

HOVR vs MRLN FAQ

Which is bigger, New Horizon Aircraft or Merlin?

Merlin (MRLN) is larger, with a market capitalization of $126.33M compared with $104.04M for New Horizon Aircraft (HOVR).

Which stock has performed better over the past year, HOVR or MRLN?

HOVR returned -54.68% over the past 12 months, compared with -88.69% for MRLN (price return, excluding dividends). Past performance does not predict future results.

Are New Horizon Aircraft and Merlin in the same industry?

No. New Horizon Aircraft is in the Industrials sector, while Merlin is in Technology.

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