Equities Analysts Issue Forecasts for High Tide Q1 Earnings

Key Points

• Roth Capital has projected that High Tide Inc. will earn $0.01 per share for Q1 2026 and maintains a 'Buy' rating with a price target of $5.00.
• High Tide surpassed the consensus estimate by reporting an EPS of $0.01, along with a revenue of $108.04 million for the last quarter, which fell short of the expected $146.00 million.
• The stock is currently rated a 'Strong Buy' by analysts, reflecting positive sentiment, while institutional investors recently increased their stakes significantly in the company.

High Tide Inc. (NASDAQ:HITI - Free Report) - Equities research analysts at Roth Capital issued their Q1 2026 earnings per share (EPS) estimates for High Tide in a report released on Tuesday, September 16th. Roth Capital analyst W. Kirk forecasts that the company will earn $0.01 per share for the quarter. Roth Capital has a "Buy" rating and a $5.00 price target on the stock. The consensus estimate for High Tide's current full-year earnings is ($0.04) per share.

High Tide (NASDAQ:HITI - Get Free Report) last posted its quarterly earnings results on Monday, September 15th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. High Tide had a negative net margin of 1.66% and a negative return on equity of 6.50%. The business had revenue of $108.04 million during the quarter, compared to analyst estimates of $146.00 million.

Other analysts have also issued reports about the stock. Wall Street Zen upgraded shares of High Tide from a "hold" rating to a "buy" rating in a report on Saturday. Haywood Securities upgraded shares of High Tide to a "strong-buy" rating in a report on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. Based on data from MarketBeat.com, High Tide has an average rating of "Strong Buy" and an average price target of $5.00.

High Tide Trading Down 4.1%

Shares of High Tide stock traded down $0.16 during trading on Thursday, reaching $3.64. 647,609 shares of the stock were exchanged, compared to its average volume of 606,339. The company has a quick ratio of 1.29, a current ratio of 1.85 and a debt-to-equity ratio of 0.42. The stock's fifty day moving average is $2.88 and its 200 day moving average is $2.46. The firm has a market cap of $316.64 million, a price-to-earnings ratio of -45.19 and a beta of 0.58. High Tide has a 1 year low of $1.64 and a 1 year high of $4.06.

Hedge Funds Weigh In On High Tide

Several hedge funds have recently added to or reduced their stakes in the company. Two Sigma Investments LP raised its holdings in shares of High Tide by 146.0% in the fourth quarter. Two Sigma Investments LP now owns 311,304 shares of the company's stock worth $962,000 after buying an additional 184,780 shares during the last quarter. Murchinson Ltd. acquired a new stake in shares of High Tide in the second quarter worth $398,000. State of Wyoming boosted its stake in shares of High Tide by 55.7% during the 1st quarter. State of Wyoming now owns 242,241 shares of the company's stock worth $458,000 after acquiring an additional 86,682 shares in the last quarter. Lazard Asset Management LLC boosted its stake in shares of High Tide by 8,334.5% during the 4th quarter. Lazard Asset Management LLC now owns 51,535 shares of the company's stock worth $159,000 after acquiring an additional 50,924 shares in the last quarter. Finally, Boothbay Fund Management LLC purchased a new stake in shares of High Tide during the 2nd quarter worth about $110,000. 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.