Q3 Earnings Estimate for High Tide Issued By Ventum Cap Mkts

High Tide Inc. (NASDAQ:HITI - Free Report) - Stock analysts at Ventum Cap Mkts upped their Q3 2025 earnings estimates for shares of High Tide in a research report issued on Wednesday, June 18th. Ventum Cap Mkts analyst A. Semple now anticipates 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 restated a "buy" rating and issued a $5.00 price objective (up from $4.50) on shares of High Tide in a research note on Wednesday, June 18th.

High Tide Stock Performance

Shares of NASDAQ:HITI traded up $0.10 during midday trading on Monday, hitting $2.30. The company had a trading volume of 205,177 shares, compared to its average volume of 576,908. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.57 and a quick ratio of 0.97. The company has a market cap of $186.39 million, a price-to-earnings ratio of -28.75 and a beta of 0.52. High Tide has a 12-month low of $1.57 and a 12-month high of $3.62. The company has a fifty day moving average of $2.31 and a two-hundred day moving average of $2.52.

High Tide (NASDAQ:HITI - Get Free Report) last released its quarterly earnings results on Monday, June 16th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01). High Tide had a negative net margin of 1.71% and a negative return on equity of 6.45%. The business had revenue of $99.86 million for the quarter, compared to analysts' expectations of $138.50 million.

Institutional Investors Weigh In On High Tide

Several hedge funds and other institutional investors have recently modified their holdings of HITI. SBI Securities Co. Ltd. purchased a new stake in shares of High Tide in the 4th quarter worth $146,000. Northwest & Ethical Investments L.P. increased its stake in shares of High Tide by 1,026.2% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 22,378 shares of the company's stock worth $69,000 after purchasing an additional 20,391 shares in the last quarter. Hillsdale Investment Management Inc. boosted its holdings in High Tide by 755.4% in the 4th quarter. Hillsdale Investment Management Inc. now owns 240,288 shares of the company's stock worth $738,000 after buying an additional 212,197 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in High Tide in the 4th quarter worth $1,605,000. Finally, Renaissance Technologies LLC boosted its holdings in High Tide by 142.4% in the 4th quarter. Renaissance Technologies LLC now owns 839,600 shares of the company's stock worth $2,594,000 after buying an additional 493,300 shares during the period. 4.52% of the stock is currently owned by hedge funds and other institutional investors.

About High Tide

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.