High Tide Inc. (HITI)
| Market Cap | 250.89M |
| Revenue (ttm) | 370.02M |
| Net Income (ttm) | -22.03M |
| Shares Out | 80.68M |
| EPS (ttm) | -0.28 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 508,492 |
| Open | 3.090 |
| Previous Close | 3.060 |
| Day's Range | 3.070 - 3.160 |
| 52-Week Range | 1.565 - 3.620 |
| Beta | 1.00 |
| Analysts | Strong Buy |
| Price Target | 4.50 (+45.63%) |
| Earnings Date | Mar 14, 2025 |
About HITI
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories. Further, it sells its products through online sales via e-commerce platform. The company offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, and Blessed CBD brands. The company was fo... [Read more]
Financial Performance
In 2023, High Tide's revenue was 487.67 million, an increase of 36.66% compared to the previous year's 356.85 million. Losses were -39.31 million, -45.22% less than in 2022.
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 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...
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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 +
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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.
High Tide Marks Cyber Monday by Taking Cabana Club Global
The Company Simplifies and Unites its Retail Ecosystem Under the Cabana Club Banner. Cabana Club Expands Coverage Beyond Canada to Cover the Entire United States, European Union, and United Kingdom.
High Tide Opens Second Canna Cabana in Scarborough, Ontario
CALGARY, AB , Nov. 25, 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 Third Canna Cabana in Hamilton, Ontario
CALGARY, AB , Nov. 18, 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...
3 Marijuana Stocks For Today Watchlist
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High Tide Announces Closing of Final Tranche of $15 Million Subordinated Debt Facility
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023, to its short form base shelf prospectus dated August 3, 2023 . ...
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High Tide to Open First Canna Cabana in Kingston, Ontario
CALGARY, AB , Oct. 24, 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...
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High Tide to Open 185th Canna Cabana Location
CALGARY, AB , Oct. 10, 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...
3 Marijuana Stocks To Weather The Storm In The Cannabis Sector
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High Tide Opens New Canna Cabana in Toronto
This Opening Represents the 70th Canna Cabana Location in Ontario CALGARY, AB , Oct. 7, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the h...
High Tide: Way Undervalued Versus Peers Despite Smoking The Competition
High Tide is far outperforming its cannabis industry peers with rapid revenue growth, profitability, and a strong balance sheet, yet trades at a discount. Most peers are losing money and have a negati...