High Tide (HITI) to Announce Earnings on Monday

Key Points

• High Tide is expected to report Q3 2026 results after Monday’s market close, September 14. Analysts forecast earnings of $0.01 per share and revenue of approximately $139.0 million; the earnings call is scheduled for September 15 at 11:30 a.m. ET.
• In its prior quarter, High Tide earned $0.01 per share, exceeding the consensus estimate of a $0.02 loss, while revenue of $132.02 million surpassed expectations. However, the company reported a negative net margin of 6.62%.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and an average price target of $5.62, although ratings range from “Strong Buy” to “Sell.” The stock opened at $2.57 and has traded between $2.02 and $4.06 over the past year.

High Tide (NASDAQ:HITI - Get Free Report) is anticipated to issue its Q3 2026 results after the market closes on Monday, September 14th. Analysts expect High Tide to post earnings of $0.01 per share and revenue of $138.9730 million for the quarter. Parties may visit the the company's upcoming Q3 2026 earning report for the latest details on the call scheduled for Tuesday, September 15, 2026 at 11:30 AM ET.

High Tide (NASDAQ:HITI - Get Free Report) last posted its earnings results on Monday, June 15th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.03. High Tide had a negative net margin of 6.62% and a positive return on equity of 3.59%. The business had revenue of $132.02 million for the quarter, compared to analysts' expectations of $125.93 million. On average, analysts expect High Tide to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

High Tide Stock Performance

NASDAQ:HITI opened at $2.57 on Monday. The firm has a market capitalization of $226.11 million, a PE ratio of -8.29 and a beta of 0.62. The company has a quick ratio of 0.66, a current ratio of 1.46 and a debt-to-equity ratio of 0.89. High Tide has a 12-month low of $2.02 and a 12-month high of $4.06. The firm has a 50-day moving average price of $2.30 and a 200 day moving average price of $2.36.

Hedge Funds Weigh In On High Tide

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HITI. Osaic Holdings Inc. grew its stake in High Tide by 82,976.9% during the second quarter. Osaic Holdings Inc. now owns 10,800 shares of the company's stock worth $25,000 after buying an additional 10,787 shares during the last quarter. HRT Financial LP bought a new position in shares of High Tide in the fourth quarter valued at approximately $26,000. StoneX Group Inc. acquired a new position in shares of High Tide in the 4th quarter worth approximately $41,000. Bank of America Corp DE acquired a new position in shares of High Tide in the 4th quarter worth approximately $72,000. Finally, Man Group plc bought a new stake in High Tide during the 4th quarter worth approximately $76,000. 4.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on HITI. D. Boral Capital initiated coverage on High Tide in a research note on Wednesday, July 22nd. They issued a "buy" rating and a $4.00 price objective on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of High Tide in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $5.62.

About High Tide

High Tide Inc NASDAQ: HITI is an omnichannel retailer and branded consumer packaged goods company serving the regulated cannabis market. The company operates a network of licensed cannabis retail stores across Canada, offering a curated assortment of cannabis flower, pre-rolls, vapes and lifestyle accessories. In parallel, High Tide maintains an e-commerce platform that delivers hemp-derived products, vaporizers, glassware and other ancillary goods to consumers in multiple jurisdictions.

Within Canada, High Tide’s retail division includes banners such as Canna Cabana, Meta Cannabis Supply Co and The Hunny Pot, each designed to provide differentiated in-store experiences.

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