HITI Stock Chart & Stats
$2.15
-$0.02(-0.93%)
At close: 4:00 PM EDT
$2.15
-$0.02(-0.93%)
Day’s Range― - ―
52-Week Range$2.02 - $4.06
Previous Close$2.13
Volume347.94K
Average Volume (3M)768.40K
Market Cap
$185.99M
Enterprise Value$376.86
Total Cash (Recent Filing)$36.58M
Total Debt (Recent Filing)$109.35M
Price to Earnings (P/E)―
Beta1.03
Next Earnings
Sep 14, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.50
Shares Outstanding87,870,180
10 Day Avg. Volume340,185
30 Day Avg. Volume768,397
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)4.11
Price to Sales (P/S)0.61
P/FCF Ratio26.81
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$5.43Price Target Upside152.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)0.03
Revenue Forecast (FY)$530.01M
Bulls Say, Bears Say
Bulls Say
Revenue Scale & GrowthSustained top-line growth and recent record quarterly revenue demonstrate expanding market penetration and execution across channels. Higher scale supports supplier negotiating power, more stable retail assortment, and incremental operating leverage that can meaningfully improve margins and cash generation over the next 2–6 months.
Improved Leverage & LiquidityMaterial deleveraging and a cleaner capital structure increase financial flexibility and reduce refinancing risk. Combined with cash on hand and a CAD40M credit facility, this balance-sheet position supports disciplined M&A and organic store growth without forcing dilutive capital raises, strengthening durability of expansion plans.
Remexian Scale & Margin RecoveryRapid Remexian scale with a swing to positive segment EBITDA and much higher margins indicates durable wholesale/European capability. If procurement advantages and market share gains persist, Remexian becomes a structural, higher‑margin engine that diversifies revenue and improves consolidated profitability beyond Canadian retail dynamics.
Bears Say
Persistent Losses & Margin PressureDespite revenue growth, entrenched negative net income and material margin compression reduce the company’s ability to generate sustained retained earnings. Continued losses impair return on equity and lengthen the timeline to self‑funding expansion, risking future dilution or constrained investment if margins don't recover.
Regulatory Limits & Competitive Illicit PressureProvincial store caps and restrictions limit addressable market and slow high‑return rollouts, especially in outsized provinces. Persistent illicit competition undermines pricing and margin sustainability, making long‑term store productivity gains harder to realize and reducing the certainty of planned multi‑store growth.
Remexian Volatility & German Pricing RiskOperational timing (bulk shipments, import permits) can cause quarter‑to‑quarter volatility in Remexian EBITDA, and industry price compression in Germany could erode recently improved margins. Both factors create execution risk for the high‑margin European thesis and could delay sustainable earnings improvement.
High Tide News
HITI FAQ
What was High Tide’s price range in the past 12 months?
High Tide lowest stock price was $2.02 and its highest was $4.05 in the past 12 months.
What is High Tide’s market cap?
High Tide’s market cap is $185.99M.
When is High Tide’s upcoming earnings report date?
High Tide’s upcoming earnings report date is Sep 14, 2026 which is in 39 days.
How were High Tide’s earnings last quarter?
High Tide released its earnings results on Jun 15, 2026. The company reported $0.007 earnings per share for the quarter, beating the consensus estimate of -$0.017 by $0.024.
Is High Tide overvalued?
According to Wall Street analysts High Tide’s price is currently Undervalued.
Does High Tide pay dividends?
High Tide does not currently pay dividends.
What is High Tide’s EPS estimate?
High Tide’s EPS estimate is 0.01.
How many shares outstanding does High Tide have?
High Tide has 87,870,180 shares outstanding.
What happened to High Tide’s price movement after its last earnings report?
High Tide reported an EPS of $0.007 in its last earnings report, beating expectations of -$0.017. Following the earnings report the stock price went up 12%.
Which hedge fund is a major shareholder of High Tide?
Currently, no hedge funds are holding shares in HITI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
High Tide Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$5.43 (152.64% Upside)
$5.43 (152.64% Upside)
Blogger Sentiment
Bullish
HITI Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 472.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $66.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 7.5%
Last 30 Days ▲ 7.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.28%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
52.18%
Trailing 12-Months
Company Description
High Tide
High Tide Inc. operates as a prominent global player in the cannabis retail sector, with business activities spanning Canada, Europe, the United States, and other international markets. The company's portfolio is multifaceted, including the design, manufacturing, and distribution of various smoking accessories and cannabis-inspired lifestyle products. Beyond merchandise, High Tide is actively involved in the wholesale and direct retail of cannabis products, managing and franchising numerous licensed cannabis dispensaries. Furthermore, it offers data analytics services and runs the online retail platforms Grasscity.com and CBDcity.com. As of October 25, 2022, High Tide maintained a substantial retail presence with 149 locations throughout several Canadian provinces, including Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. Founded in 2009, this Calgary, Canada-based company was rebranded as High Tide Inc. in October 2018, having previously operated under the name High Tide Ventures Inc.
HITI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong operational and financial outperformance: record revenue, gross profit, operating income, and adjusted EBITDA; rapid and profitable scaling of Remexian; robust loyalty growth and superior store productivity; and improved balance sheet access. Key negatives were modest same-store sales softness, working capital-driven free cash flow variability, operational timing risks in Remexian, regulatory constraints in certain Canadian provinces, and potential German pricing pressure. Overall, the positives are numerous, material, and backed by clear metrics, while the negatives are mostly manageable or described as temporary.View all HITI earnings summariesHITI Stock 12 Month Forecast
Average Price Target
$5.43
▲(152.64% Upside)