High Tide Inc. (HITI)
NASDAQ: HITI · Real-Time Price · USD
3.010
+0.070 (2.38%)
Dec 20, 2024, 4:00 PM EST - Market closed

High Tide Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for High Tide stock has a target of 4.50, which predicts an increase of 49.50% from the current stock price of 3.01.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $4.50 $4.50 $4.50 $4.50
Change +49.50% +49.50% +49.50% +49.50%
* Price targets were last updated on Sep 18, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for High Tide is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Reiterates
$4.5
Strong Buy Reiterates $4.5 +49.50% Sep 18, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$4.5
Strong Buy Reiterates $4.5 +49.50% Mar 25, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$4.5
Strong Buy Reiterates $4.5 +49.50% Sep 18, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Maintains
$7$4.45
Hold Maintains $7$4.45 +47.84% Jun 16, 2022
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Maintains
$7.25$7
Hold Maintains $7.25$7 +132.56% Mar 18, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
524.34M
from 487.67M
Increased by 7.52%
Revenue Next Year
594.35M
from 524.34M
Increased by 13.35%
EPS This Year
-0.01
from -0.53
EPS Next Year
0.05
from -0.01
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Oct 31, 2019 Oct 31, 2020 Oct 31, 2021 Oct 31, 2022 Oct 31, 2023 Oct 31, 2024 Oct 31, 2025 Oct 31, 2026
Revenue
31.29M83.27M181.12M356.85M487.67M524.34M594.35M681.25M
Revenue Growth
267.69%166.07%117.53%97.02%36.66%7.52%13.35%14.62%
EPS
-1.99-0.42-0.81-1.14-0.53-0.010.050.18
EPS Growth
-------285.69%
Forward PE
------91.7923.80
No. Analysts -----543
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 546.1M 624.5M 720.5M
Avg 524.3M 594.4M 681.3M
Low 508.0M 573.6M 649.5M

Revenue Growth

Revenue Growth 202420252026202720282029
High
12.0%
19.1%
21.2%
Avg
7.5%
13.4%
14.6%
Low
4.2%
9.4%
9.3%

EPS Forecast

EPS 202420252026
High 0.01 0.11 0.22
Avg -0.01 0.05 0.18
Low -0.04 - 0.15

EPS Growth

EPS Growth 202420252026
High - -
367.8%
Avg - -
285.7%
Low - -
211.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.