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Planet 13 Holdings ( (TSE:PLTH) ) just unveiled an announcement.
Planet 13 Holdings reported a challenging first quarter of 2025, with revenue rising to $28.0 million, a 22.5% increase driven by expansion into Florida, but facing a net loss of $2.0 million. Despite industry-wide pricing pressures and reduced consumer spending, the company remains focused on enhancing operational efficiency and investing in high-performing assets to drive sustainable growth, as evidenced by recent dispensary openings in Florida.
The most recent analyst rating on (TSE:PLTH) stock is a Buy with a C$1.20 price target. To see the full list of analyst forecasts on Planet 13 Holdings stock, see the TSE:PLTH Stock Forecast page.
Spark’s Take on TSE:PLTH Stock
According to Spark, TipRanks’ AI Analyst, TSE:PLTH is a Neutral.
Planet 13 Holdings’ overall stock score reflects significant financial challenges, despite moderate technical strength and positive corporate events. The strong revenue growth and expansion efforts are counterbalanced by profitability issues, valuation concerns, and market pressures.
To see Spark’s full report on TSE:PLTH stock, click here.
More about Planet 13 Holdings
Planet 13 Holdings Inc. is a leading vertically-integrated multi-state cannabis company. It focuses on creating unique cannabis experiences and entertainment, with operations that include cultivation, production, and retail dispensaries. The company is known for its innovative approach in the cannabis industry, particularly in key markets such as Nevada and Florida.
Average Trading Volume: 76,581
Technical Sentiment Signal: Sell
Current Market Cap: C$117.1M
Find detailed analytics on PLTH stock on TipRanks’ Stock Analysis page.