Q3 Earnings Forecast for High Tide Issued By Ventum Cap Mkts

High Tide Inc. (NASDAQ:HITI - Free Report) - Stock analysts at Ventum Cap Mkts lifted their Q3 2025 EPS estimates for High Tide in a research note issued to investors on Wednesday, June 18th. Ventum Cap Mkts analyst A. Semple now forecasts that the company will earn $0.01 per share for the quarter, up from their previous forecast of ($0.01). The consensus estimate for High Tide's current full-year earnings is ($0.04) per share. Ventum Cap Mkts also issued estimates for High Tide's Q4 2025 earnings at $0.01 EPS and FY2026 earnings at $0.11 EPS.

Separately, Roth Capital reaffirmed a "buy" rating and set a $5.00 price objective (up previously from $4.50) on shares of High Tide in a research report on Wednesday, June 18th.

High Tide Stock Performance

Shares of HITI opened at $2.22 on Monday. The stock has a market capitalization of $179.91 million, a PE ratio of -27.75 and a beta of 0.52. The business's fifty day moving average price is $2.31 and its 200 day moving average price is $2.54. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.57 and a quick ratio of 0.97. High Tide has a 12-month low of $1.57 and a 12-month high of $3.62.

High Tide (NASDAQ:HITI - Get Free Report) last 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 return on equity of 6.45% and a negative net margin of 1.71%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its stake in High Tide by 142.4% in the fourth quarter. Renaissance Technologies LLC now owns 839,600 shares of the company's stock valued at $2,594,000 after buying an additional 493,300 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in High Tide in the 4th quarter worth about $1,605,000. Two Sigma Investments LP grew its position in High Tide by 146.0% in the 4th quarter. Two Sigma Investments LP now owns 311,304 shares of the company's stock worth $962,000 after purchasing an additional 184,780 shares during the last quarter. State of Wyoming increased its stake in shares of High Tide by 55.7% in the first quarter. State of Wyoming now owns 242,241 shares of the company's stock valued at $458,000 after purchasing an additional 86,682 shares during the period. Finally, Hillsdale Investment Management Inc. raised its holdings in shares of High Tide by 755.4% during the fourth quarter. Hillsdale Investment Management Inc. now owns 240,288 shares of the company's stock valued at $738,000 after buying an additional 212,197 shares during the last quarter. 4.52% of the stock is currently owned by institutional investors.

High Tide Company Profile

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.

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