High Tide (HITI) Stock Price, News & Analysis

Company Overview

High Tide Inc, trading on the NASDAQ under the symbol HITI, is a vertically integrated cannabis lifestyle retailer and consumer packaged goods distributor. Founded in 2009 and headquartered in Edmonton, Alberta, the company operates a multi-channel business model that spans brick-and-mortar retail stores, an e-commerce platform, and a wholesale distribution network. High Tide’s retail banners, including Canna Cabana and Funkyweed, offer consumers a range of cannabis accessories, glassware, vaporizers, pre-rolls and lifestyle apparel, while its distribution division supplies licensed cannabis producers and retailers with branded products and packaging solutions.

Beyond its retail footprint, High Tide has cultivated a portfolio of proprietary brands and partnerships. Through in-house labels such as Cheech & Chong’s and Boo Boo Goo, the company delivers a curated selection of smoking supplies and accessories. Its e-commerce operations, enhanced by the acquisition of leading online headshops, serve both recreational and medical cannabis users across North America. The wholesale segment further extends High Tide’s reach by providing supply-chain services, including inventory management, order fulfillment and logistics support to hundreds of retail locations.

Geographically, High Tide’s core market is Canada, with dozens of stores operating under multiple brand names in provinces from British Columbia to Ontario. The company has also leveraged strategic acquisitions to establish a presence in key U.S. markets, incorporating online platforms and distribution hubs that cater to a growing American customer base. Looking ahead, High Tide is exploring expansion opportunities in select international jurisdictions where regulatory frameworks support cannabis accessory sales and distribution.

Under the leadership of President and CEO Raj Grover, High Tide has pursued an acquisition-driven growth strategy complemented by ongoing investments in technology and supply-chain efficiencies. The executive team and board bring extensive experience in retail operations, regulatory compliance and consumer goods marketing, positioning the company to capitalize on evolving market dynamics and shifting consumer preferences within the global cannabis ecosystem.

Key Stats

• Today's Range: $2.36 to $2.41
• 50-Day Range: $2.16 to $2.40
• 52-Week Range: $1.57 to $3.62
• Volume: 68,330 shs
• Average Volume: 572,754 shs
• Market Capitalization: $193.66 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.75
• Consensus Rating: Buy

High Tide Stock Analysis - MarketRank™

High Tide scored higher than 46% of companies evaluated by MarketBeat, and ranked 607th out of 925 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

High Tide has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

High Tide has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for High Tide are expected to grow in the coming year, from ($0.04) to $0.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of High Tide is -29.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of High Tide is -29.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

High Tide has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.39% of the float of High Tide has been sold short.

Short Interest Ratio / Days to Cover

High Tide has a short interest ratio ("days to cover") of 9.3.

Change versus previous month

Short interest in High Tide has recently increased by 1.08%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

High Tide does not currently pay a dividend.

Dividend Growth

High Tide does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.39% of the float of High Tide has been sold short.

Short Interest Ratio / Days to Cover

High Tide has a short interest ratio ("days to cover") of 9.3.

Change versus previous month

Short interest in High Tide has recently increased by 1.08%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

High Tide has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for High Tide this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for HITI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added High Tide to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, High Tide insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.44% of the stock of High Tide is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.52% of the stock of High Tide is held by institutions.

HITI Stock Analysis - Frequently Asked Questions

How have HITI shares performed this year?

High Tide's stock was trading at $3.09 on January 1st, 2025. Since then, HITI shares have decreased by 23.3% and is now trading at $2.37.

How were High Tide's earnings last quarter?

High Tide Inc. (NASDAQ:HITI) released its earnings results on Monday, June, 16th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.01. The firm had revenue of $99.86 million for the quarter, compared to the consensus estimate of $138.50 million. High Tide had a negative trailing twelve-month return on equity of 6.45% and a negative net margin of 1.71%.
Read the conference call transcript.

How do I buy shares of High Tide?

Shares of HITI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of High Tide own?

Based on aggregate information from My MarketBeat watchlists, some other companies that High Tide investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), CrowdStrike (CRWD), Adobe (ADBE), Arista Networks (ANET) and GE Aerospace (GE).

Company Calendar

• Last Earnings: 6/16/2025
• Today: 7/11/2025
• Next Earnings (Estimated): 9/15/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: MED PRODUCTS
• Sub-Industry: Retail
• Current Symbol: NASDAQ:HITI
• CIK: 1847409
• Web: www.hightideinc.com
• Phone: 855-747-6420
• Fax: N/A
• Employees: 1,550
• Year Founded: N/A

Price Target and Rating

• Average Price Target for High Tide: $4.75
• High Price Target: $5.00
• Low Price Target: $4.50
• Potential Upside/Downside: +98.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.08)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$3.19 million
• Net Margins: -1.71%
• Pretax Margin: -1.62%
• Return on Equity: -6.45%
• Return on Assets: -3.93%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 1.57
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $381.22 million
• Price / Sales: 0.51
• Cash Flow: $0.20 per share
• Price / Cash Flow: 11.86
• Book Value: $1.33 per share
• Price / Book: 1.80

Miscellaneous

• Outstanding Shares: 81,200,000
• Free Float: 71,100,000
• Market Cap: $194.07 million
• Optionable: Optionable
• Beta: 0.53