High Tide Inc. (HITI)
NASDAQ: HITI · IEX Real-Time Price · USD
2.260
+0.050 (2.26%)
At close: Apr 19, 2024, 4:00 PM
2.280
+0.020 (0.88%)
After-hours: Apr 19, 2024, 7:54 PM EDT
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 99.12% from the current stock price of 2.26.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
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 | +99.12% | Mar 25, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | +99.12% | Sep 18, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $7 → $4.45 | Hold | Maintains | $7 → $4.45 | +96.90% | Jun 16, 2022 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $7.25 → $7 | Hold | Maintains | $7.25 → $7 | +209.73% | Mar 18, 2022 |
| Roth Capital | Roth Capital | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Sep 13, 2021 |
Financial Forecast
Revenue This Year
531.99M
from 487.67M
Increased by 9.09%
Revenue Next Year
613.30M
from 531.99M
Increased by 15.28%
EPS This Year
-0.03
from -0.53
EPS Next Year
0.18
from -0.03
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 561.2M | 659.4M | 787.4M | 974.8M | 1.1B |
| Avg | 532.0M | 613.3M | 757.4M | 823.2M | 932.3M |
| Low | 513.4M | 580.1M | 734.9M | 687.8M | 756.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.1% | 23.9% | 28.4% | 28.7% | 37.0% |
| Avg | 9.1% | 15.3% | 23.5% | 8.7% | 13.2% |
| Low | 5.3% | 9.0% | 19.8% | -9.2% | -8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.03 | 0.21 | 0.18 |
| Avg | -0.03 | 0.18 | 0.17 |
| Low | -0.10 | 0.16 | 0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 2.0% |
| Avg | - | - | -1.9% |
| Low | - | - | -4.8% |
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.