Research Analysts Issue Forecasts for High Tide Q1 Earnings

High Tide Inc. (NASDAQ:HITI - Free Report) - Roth Capital issued their Q1 2026 earnings per share estimates for High Tide in a report issued on Tuesday, June 17th. Roth Capital analyst W. Kirk anticipates that the company will earn $0.00 per share for the quarter. Roth Capital currently has a "Buy" rating and a $5.00 price objective on the stock. The consensus estimate for High Tide's current full-year earnings is ($0.04) per share. Roth Capital also issued estimates for High Tide's Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.01 EPS and Q4 2026 earnings at $0.01 EPS.

High Tide Price Performance

NASDAQ:HITI traded up $0.02 during trading hours on Thursday, hitting $2.22. 342,484 shares of the company's stock traded hands, compared to its average volume of 581,427. The firm has a market cap of $179.91 million, a P/E ratio of -27.75 and a beta of 0.52. High Tide has a 52 week low of $1.57 and a 52 week high of $3.62. The business's fifty day simple moving average is $2.31 and its two-hundred day simple moving average is $2.54. The company has a quick ratio of 0.95, a current ratio of 1.57 and a debt-to-equity ratio of 0.30.

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

Institutional Investors Weigh In On High Tide

Several large investors have recently added to or reduced their stakes in HITI. Northwest & Ethical Investments L.P. boosted its stake in High Tide by 1,026.2% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 22,378 shares of the company's stock valued at $69,000 after buying an additional 20,391 shares during the period. Bank of America Corp DE bought a new stake in High Tide during the fourth quarter valued at $72,000. SBI Securities Co. Ltd. bought a new stake in High Tide during the fourth quarter valued at $146,000. Lazard Asset Management LLC lifted its stake in High Tide by 8,334.5% during the fourth quarter. Lazard Asset Management LLC now owns 51,535 shares of the company's stock worth $159,000 after purchasing an additional 50,924 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in High Tide by 50.6% during the fourth quarter. Jane Street Group LLC now owns 53,089 shares of the company's stock worth $163,000 after purchasing an additional 17,837 shares during the last quarter. Institutional investors own 4.52% of the company's stock.

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.