What is Ventum Cap Mkts' Forecast for High Tide Q3 Earnings?

Key Points

• Ventum Cap Mkts predicts High Tide Inc. will report earnings per share of $0.01 for Q3 2025, with full-year estimates of ($0.04) EPS for the current year.
• Roth Capital has reaffirmed a "buy" rating for High Tide, raising its price target from $4.50 to $5.00.
• High Tide's shares opened at $3.08 and currently have a market cap of $250.10 million, reflecting an overall consensus rating of "Buy" among analysts.

High Tide Inc. (NASDAQ:HITI - Free Report) - Research analysts at Ventum Cap Mkts issued their Q3 2025 EPS estimates for shares of High Tide in a research report issued on Monday, August 18th. Ventum Cap Mkts analyst A. Semple expects that the company will post earnings per share of $0.01 for the quarter. 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 FY2025 earnings at ($0.03) EPS and FY2026 earnings at $0.19 EPS.

Separately, Roth Capital reaffirmed a "buy" rating and issued a $5.00 price objective (up previously from $4.50) on shares of High Tide in a report on Wednesday, June 18th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, High Tide has a consensus rating of "Buy" and a consensus price target of $4.75.

High Tide Trading Up 0.7%

Shares of High Tide stock opened at $3.08 on Thursday. The firm has a market cap of $250.10 million, a price-to-earnings ratio of -38.50 and a beta of 0.52. High Tide has a 52-week low of $1.64 and a 52-week high of $3.62. The company's 50-day simple moving average is $2.35 and its 200-day simple moving average is $2.33. The company has a quick ratio of 0.97, a current ratio of 1.57 and a debt-to-equity ratio of 0.30.

High Tide (NASDAQ:HITI - Get Free Report) last announced its quarterly earnings data 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 analysts' expectations 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 hedge funds have recently added to or reduced their stakes in the stock. Revisor Wealth Management LLC purchased a new stake in shares of High Tide during the 2nd quarter worth approximately $32,000. StoneX Group Inc. purchased a new position in High Tide in the 2nd quarter valued at approximately $46,000. Bank of America Corp DE acquired a new position in High Tide during the fourth quarter worth $72,000. Boothbay Fund Management LLC purchased a new stake in High Tide during the second quarter worth $110,000. Finally, Lazard Asset Management LLC boosted its position 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 in the last quarter. 4.52% of the stock is 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.

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