Planet 13 Holdings, Inc. (TSE:PLTH)
OTHER OTC:PLTH
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PLTH Stock Chart & Stats
C$0.21
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.21
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.18 - C$0.68
Previous CloseN/A
Volume55.66K
Average Volume (3M)148.89K
Market Cap
C$65.72M
Enterprise ValueC$95.74M
Total Cash (Recent Filing)C$16.27M
Total Debt (Recent Filing)C$54.13M
Price to Earnings (P/E)―
Beta2.32
Next Earnings
Aug 18, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.22
Shares Outstanding328,604,130
10 Day Avg. Volume107,906
30 Day Avg. Volume148,888
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)1.30
Price to Sales (P/S)0.63
P/FCF Ratio-3.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.25Price Target Upside19.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.04
Revenue Forecast (FY)C$127.02M
Bulls Say, Bears Say
Bulls Say
Federal Rescheduling Improves Tax Treatment (Schedule III)Rescheduling to Schedule III removes Florida medical operations from 280E going forward, materially improving federal tax treatment for ~40% of revenue. This durable tax change should reduce ongoing tax drag, improve after-tax margins and sustainable cash generation for the Florida business.
Sustained SG&A Reductions And Disciplined Cost ControlYear‑over‑year G&A cuts (~$3.0M) and lower sales & marketing indicate persistent cost discipline. Lower fixed opex reduces the break‑even threshold, lengthens cash runway, and makes profitability improvements from revenue or mix shifts more durable even if top‑line growth is gradual.
BHO Concentrates And Higher‑margin Product Mix Coming OnlineBHO production introduces higher‑margin manufactured SKUs and expands branded product capability, improving gross margin potential and wholesale scale. As a structural shift in product mix, BHO supports sustainable margin expansion and recurring revenue across retail and permitted wholesale channels.
Bears Say
Persistent Negative Profitability And Cash BurnThe company remains deeply unprofitable with sustained operating and free cash flow deficits. Persistent cash burn reduces financial flexibility, increases reliance on external financing, limits reinvestment capacity, and makes execution of turnaround plans and margin recovery contingent on timely delivery of regulatory and product catalysts.
Rising Leverage: Debt Exceeds EquityLeverage more than doubled year‑over‑year, increasing solvency risk while earnings are negative. Higher debt relative to shrinking equity constrains strategic flexibility, raises interest and refinancing exposure, and reduces ability to fund growth or absorb shocks until consistent positive cash flow is achieved.
Large Uncertain Tax Liability And Guidance Risk (~$37M)A ~$37M uncertain tax position is large relative to cash balances and could trigger material retrospective liabilities or adjustments. Until regulatory guidance and accounting treatment are resolved, this creates persistent downside risk to reported results, cash balances, and leverage metrics, constraining credit and planning.
Planet 13 Holdings News
PLTH FAQ
What was Planet 13 Holdings, Inc.’s price range in the past 12 months?
Planet 13 Holdings, Inc. lowest stock price was C$0.18 and its highest was C$0.68 in the past 12 months.
What is Planet 13 Holdings, Inc.’s market cap?
Planet 13 Holdings, Inc.’s market cap is C$65.72M.
When is Planet 13 Holdings, Inc.’s upcoming earnings report date?
Planet 13 Holdings, Inc.’s upcoming earnings report date is Aug 18, 2026 which is in 75 days.
How were Planet 13 Holdings, Inc.’s earnings last quarter?
Planet 13 Holdings, Inc. released its earnings results on May 13, 2026. The company reported -C$0.027 earnings per share for the quarter, missing the consensus estimate of -C$0.018 by -C$0.009.
Is Planet 13 Holdings, Inc. overvalued?
According to Wall Street analysts Planet 13 Holdings, Inc.’s price is currently Undervalued.
Does Planet 13 Holdings, Inc. pay dividends?
Planet 13 Holdings, Inc. does not currently pay dividends.
What is Planet 13 Holdings, Inc.’s EPS estimate?
Planet 13 Holdings, Inc.’s EPS estimate is -0.01.
How many shares outstanding does Planet 13 Holdings, Inc. have?
Planet 13 Holdings, Inc. has 328,604,130 shares outstanding.
What happened to Planet 13 Holdings, Inc.’s price movement after its last earnings report?
Planet 13 Holdings, Inc. reported an EPS of -C$0.027 in its last earnings report, missing expectations of -C$0.018. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Planet 13 Holdings, Inc.?
Currently, no hedge funds are holding shares in TSE:PLTH
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
Planet 13 Holdings Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$0.25 (19.05% Upside)
C$0.25 (19.05% Upside)
Blogger Sentiment
Bullish
TSE:PLTH Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth C$19.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.09%
12-Months-Change
Fundamentals
Return on Equity
-112.30%
Trailing 12-Months
Asset Growth
-27.91%
Trailing 12-Months
Company Description
Planet 13 Holdings, Inc.
Planet 13 Holdings Inc., an integrated cannabis company, engages in the cultivation, production, distribution, and marketing of cannabis and cannabis-infused products for medical and retail cannabis markets in Nevada, the United States. The company also operates licensed cannabis dispensaries; non-cannabis retail merchandise store and event space; and owns and operates Trece Eatery + Spirits, coffee shop and pizzeria. In addition, it provides consultation, education, and convenience services. The company owns and manufactures chocolates, gummies, sparkling beverages, vapes and concentrates, and flowers under the TRENDI, Leaf & Vine, Dreamland, and HaHa, and Medizin brands. Planet 13 Holdings Inc. is headquartered in Las Vegas, Nevada.
PLTH Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call describes a transition quarter with identifiable and actionable positives that are expected to drive improvement. Key positives include meaningful federal regulatory change (medical rescheduling to Schedule III) that materially improves tax treatment for the company's largest market (Florida, ~40% of revenue), tangible cost reductions (G&A down nearly $3M YoY), gross margin momentum (adjusted improvement versus prior quarter), DAZED! strength (+~47% YoY), Nevada wholesale sequential recovery (+~41%), and an upcoming BHO concentrate contribution expected to lift margins. Offsetting these positives are Q1 transitional impacts (sequential revenue decline of ~16.3% driven by the California divestiture and one‑time loyalty benefit absence), an increased adjusted EBITDA loss (‑$2.3M), a sizeable uncertain tax position (~$37M) while guidance and retrospective tax relief remain unresolved, continued weak Las Vegas tourism (~7% below 2024) and short‑term margin dilution from CA inventory sales. Management frames Q2 as the first quarter expected to reflect the repositioned business without transition drag and points to regulatory and product drivers that should improve cash flow and profitability through 2026. On balance, the transformational regulatory change and operational cost progress weigh heavily in favor of improvement, while notable near‑term financial and macro headwinds create execution and timing risk.View all TSE:PLTH earnings summariesPLTH Stock 12 Month Forecast
Average Price Target
C$0.25
▲(19.05% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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