High Tide Inc. (HITI)
| Market Cap | 166.82M |
| Revenue (ttm) | 370.83M |
| Net Income (ttm) | -4.70M |
| Shares Out | 80.94M |
| EPS (ttm) | -0.06 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 504,236 |
| Open | 2.040 |
| Previous Close | 2.050 |
| Day's Range | 1.955 - 2.040 |
| 52-Week Range | 1.565 - 3.620 |
| Beta | 0.89 |
| Analysts | Strong Buy |
| Price Target | 4.50 (+128.43%) |
| Earnings Date | Mar 17, 2025 |
About HITI
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. It operates through Bricks and Mortar Operations; and E-commerce Operations segments. The company operates retail cannabis stores; and provides data analytics services. In addition, it manufactures and distributes consumption accessories. Further, the company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. It offers its products under the Daily High Club, DankStop, FABCBD, GC,... [Read more]
Financial Performance
In 2024, High Tide's revenue was 522.31 million, an increase of 7.10% compared to the previous year's 487.67 million. Losses were -4.34 million, -88.97% less than in 2023.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to one analyst, the rating for HITI stock is "Strong Buy" and the 12-month stock price forecast is $4.5.
News
High Tide Remains Undervalued As It Reports Record Q1 2025 Revenue
High Tide recently reported record revenue for Q1-2025. The company boasts the largest cannabis retail footprint in Canada. High Tide is positioning itself to enter the German medical cannabis markets...
High Tide Inc. (HITI) Q1 2025 Earnings Call Transcript
High Tide Inc. (NASDAQ:HITI) Q1 2025 Earnings Conference Call March 18, 2025 11:30 AM ET Company Participants Carter Brownlee - Communications & Public Affairs Advisor Raj Grover - President & Chief ...
High Tide Reports First Quarter 2025 Financial Results Featuring Record Revenue of $142.5 Million
Same store sales increased 5% year over year, representing the fastest pace of growth during the past four quarters Cabana Club loyalty program exceeds 1.76 million members in Canada, with ELITE membe...
High Tide to Announce First Fiscal Quarter 2025 Financial Results
CALGARY, AB , March 11, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-worl...
High Tide to Open Two New Canna Cabana Stores in Ontario
CALGARY, AB , March 10, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-worl...
High Tide Has A Killer Business Model
High Tide Inc. is a discount cannabis retailer with 192 brick & mortar storefronts in Canada. They were forced to adapt or die in Canada's tough ecosystem and have since emerged as its most dominant p...
High Tide Pauses Acquisition of Purecan GmbH and Explores Alternative Arrangements with Purecan to Enter the German Medical Cannabis Market
CALGARY, AB , Feb. 25, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
High Tide Recognized as a Top 50 Company by the TSX Venture Exchange for the Second Consecutive Year
This Marks the Company's Third Time Making This Prestigious List in Four Years CALGARY, AB , Feb. 19, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE...
High Tide Opens 77th Canna Cabana Location in Ontario
New Store Marks High Tide's First Location in Downtown Hamilton CALGARY, AB , Feb. 13, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the hi...
High Tide CEO Raj Grover On Germany, Canada And The U.S.
High Tide, Canada's largest cannabis retailer, is expanding into Germany through a majority acquisition of Purecan, aiming to capitalize on the booming medical cannabis market. President and CEO Raj G...
High Tide Remains Undervalued After Good Q4
The Company's Q4 again showed solid revenue growth, gaining year-on-year market share in Canadian cannabis retail. Margins were pressured slightly by more aggressive store expansion. The acquisition o...
High Tide Inc. (HITI) Q4 2024 Earnings Call Transcript
High Tide Inc. (NASDAQ:HITI) Q4 2024 Earnings Conference Call January 30, 2025 11:30 AM ET Company Participants Raj Grover - President and CEO Mayank Mahajan - CFO Conference Call Participants Matt B...
High Tide Reports Fourth Quarter and 2024 Year End Financial Results
The Company Generates Record Annual Revenue of $522.3 Million, 6th Consecutive Quarter of Positive Free Cash Flow at $5.9 Million, With Trailing Free Cash Flow Totaling $22.0 Million The Company's Fla...
High Tide to Announce Fourth Fiscal Quarter and Full Fiscal Year 2024 Financial Results
CALGARY, AB , Jan. 15, 2025 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
High Tide to Enter German Medical Cannabis Market Through Acquisition of Purecan GmbH
Acquisition Will Give High Tide Majority Stake in Purecan's Profitable Operations, German Import License, Warehousing and Logistics Infrastructure, and In-Development Telemedicine Portal The Company I...
High Tide: Improving Its Business Model And Beginning International Expansion
Founded in 2009, HITI transitioned smoothly into cannabis sales post-legalization in 2018, leveraging its strong customer base from cannabis accessories. The discount club model similar to Costco's se...
High Tide Recaps Key Milestones of 2024
CALGARY, AB , Dec. 30, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
High Tide to Open Two New Canna Cabana Stores in Alberta and Ontario
The Company Will End 2024 Having Opened 29 New Stores Across Canada CALGARY, AB , Dec. 18, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), th...
Top Marijuana Stocks That Are Impacted By Federal Reform
Cannabis reform has played a big part in the way most marijuana stocks trade. But reform has been both bittersweet for consumers and business owners. For particular states in the US having legal canna...
High Tide to Open 75th Canna Cabana in Ontario
CALGARY, AB , Dec. 11, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world...
Undercovered Dozen: PagerDuty, SUSS MicroTek, High Tide, 8x8 +
The 'Undercovered Dozen' series highlights 12 lesser-known stocks, offering unique investment opportunities and encouraging community discussion on their potential. Kraken Robotics is rated HOLD by Dr...
NASDAQ-Listed High Tide Under The Magnifying Glass: Key Insights For Cannabis Investors
We've been offering some mid-term analysis for main cannabis stocks and now it's High Tide's HITI turn. The occasion couldn't be better, since the stock recently surged 21% in the previous rounds.
High Tide: Strategic Expansions Drive Impressive Growth While Remaining Undervalued
I am bullish on High Tide due to its strategic expansions, particularly in Canada, which have driven significant revenue growth. HITI's impressive expansion included opening 23 new stores by July 2024...
High Tide: Cabana Club Goes Global
High Tide announced the global expansion of Cabana Club with CBD, accessory, and snack sales into the US, EU, and UK markets. The immediate earnings potential is limited, but the strategic potential o...
NASDAQ-Listed Weed Stock, High Tides Surges Over 21% In Last Two Sessions
Data from Benzinga Pro shows High Tide Inc. HITI shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2.