High Tide Inc. HITI

2.79 0.09 3.33% as of 25 Sep
Market cap
$240.2M
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 11.57%

Capital & Financial Ratios

Market Cap 240.23
Revenue 519.66
Net Income (24.39)
Free Cash Flow 11.14
Net Debt 45.73
Current Ratio 1.50
Debt/Equity 0.93
P/E ratio 0.00
P/S ratio 0.47
P/B ratio 2.86
Past 5Y EPS Growth 51.48%
This Y EPS Growth 127.19%
Next Y EPS Growth 10.36%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 22 35 34 34
Receivables 6 2 4 7
Inventory 19 22 48 48
Other — — — —
51 63 98 105
2023 2024 2025 Q'26
Payables 15 17 34 38
ST’ Debt 18 9 12 10
Other 3 — 7 3
43 45 71 70
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 46.92% 15.22%
Cash Flow — 20.95% 69.61%
Earnings — 0.00% 0.00%
Book Value — 53.11% (16.46%)

Revenue

Jan Apr Jul Oct Year
’26 129 131 142 — —
’25 100 97 109 118 424
’24 95 92 96 101 384
’23 88 89 93 92 362
’22 57 64 74 82 277
’21 30 32 39 43 144
’20 10 14 17 20 62
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Jan Apr Jul Oct Year
’26 4 3 7 — —
’25 0 6 8 3 17
’24 5 9 4 7 26
’23 2 1 6 7 15
’22 (1) (2) 0 6 3
’21 1 (3) (4) 4 (2)
’20 0 2 4 1 7
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Jan Apr Jul Oct Year
’26 3 2 6 — —
’25 (1) 4 6 1 10
’24 4 8 2 6 20
’23 0 0 5 5 11
’22 (3) (4) (2) 6 (4)
’21 0 (5) (4) 1 (9)
’20 0 2 3 1 5
in millions of $ · fiscal quarters ending in the months shown

EPS

Jan Apr Jul Oct Year
’26 0.01 0.00 0.10 — —
’25 (0.02) (0.03) 0.01 (0.33) (0.44)
’24 0.00 0.00 0.01 (0.04) (0.04)
’23 (0.04) (0.02) (0.03) (0.29) (0.39)
’22 (0.11) (0.11) (0.03) (0.64) (0.89)
’21 (0.02) (0.02) (0.03) (0.07) (0.67)
’20 (0.02) (0.02) 0.01 (0.11) (0.02)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — 1.80 0.65 2.78 1.30 1.03 1.57 1.64

Analyst estimates 2026–2028

Powerpack
Low Price
— — — 7.10 3.30 13.29 5.89 2.30 3.62 4.06
High Price
— — — — — 996 1,300 1,550 1,550 1,832
Employees
— 0 0 0 0 0 0 0 0 0
Revenue/Emp
— 8 7 24 62 144 277 362 384 424
Revenue
— 46.83% 0.98% 36.16% 37.00% 35.33% 28.29% 26.93% 27.28% 25.85%
Gross Margin
— 0 (5) (20) (5) (28) (57) (36) (3) (37)
EBT
— 5.62% (68.90%) (86.28%) (7.36%) (19.75%) (20.67%) (9.96%) (0.84%) (8.66%)
EBT Margin
— 0 (3) (20) (5) (28) (55) (30) (3) (37)
Net Income
— 0 0 1 5 19 23 24 19 17
Depreciation
— 0.62 0.53 0.12 0.27 3.39 4.42 4.86 4.82 5.16
Revenue/Sh
— 0.02 (0.27) (0.10) (0.02) (0.67) (0.89) (0.39) (0.04) (0.44)
Earnings/Sh
— 0.06 (0.53) (0.06) 0.03 (0.05) 0.06 0.21 0.33 0.21
Cash Flow/Sh
— 0.00 0.00 (0.04) (0.01) (0.15) (0.11) (0.06) (0.08) (0.09)
Capex/Sh
— 0.06 (0.53) (0.10) 0.02 (0.21) (0.06) 0.15 0.25 0.12
Free CF/Sh
— (0.60) 1.42 0.04 0.04 2.85 2.01 1.33 1.34 0.89
Book Value/Sh
— 13 13 198 229 42 63 74 80 82
Shares
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
— 0.00 0.00 0.00 0.51 1.70 0.33 0.30 0.58 0.60
PS Ratio
— 79.07 79.07 79.07 4.08 2.03 0.73 1.09 2.10 3.48
PB Ratio
— 0.00 0.00 0.00 0.99 1.86 0.43 0.37 0.59 0.69
EV/Sales
— 0.00 0.00 0.00 8.58 (30.46) (33.98) 12.37 11.61 30.10
EV/FCF
— 1 (7) (11) 7 (2) 3 15 26 17
Op' Cash Flow
— 0 (3) (8) (2) (7) (7) (5) (7) (7)
Capex
— 1 (7) (19) 5 (9) (4) 11 20 10
FCF
— (8) 11 1 (6) 4 3 8 18 26
Working Cap'
— 14 0 15 32 35 48 48 38 70
Total Debt
— 13 (6) 15 26 23 29 26 3 36
Net Debt
— (7) 18 7 9 121 126 99 107 73
Sh' Equity
— 1.62% (34.87%) (78.43%) (11.45%) (22.49%) (27.24%) (15.08%) (1.80%) (16.85%)
ROA
— 0.00% 0.00% (42.85%) 1.06% (5.50%) (22.71%) (15.36%) 2.09% (5.89%)
ROIC
— 4.45% (66.85%) (158.98%) (59.84%) (43.00%) (45.18%) (25.91%) (3.09%) (40.19%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Oct 2025 · latest quarter Jul 2026

High Tide Inc. peers in Pharmaceutical Retailers

All 8 Pharmaceutical Retailers stocks →

High Tide Inc. (HITI) key facts

  • High Tide Inc. (HITI) is a Pharmaceutical Retailers company in the Healthcare sector, listed on Nasdaq.
  • High Tide Inc.’s revenue for fiscal 2025 (year ended October 2025) was CAD 424.0 million, up 10.5% from fiscal 2024.
  • As of September 25, 2026, HITI traded at $2.79, a market capitalization of $240.2 million.
  • Return on equity was −40.2% and debt-to-equity 0.93.

Source: company filings (standardised) and stockrow calculations.

High Tide Inc. (HITI) Latest News

News by impact score

Fine-tune

22 Sep

3

High Tide Inc. announces Canna Cabana leads national cannabis retail brand awareness and key shopper metrics in Rebel & Thorn's Q3 2026 report. National awareness hits 36% (up from 29% in Q3 2025; 11% at launch in 2021), with Fire & Flower second at 25%. Canna Cabana also tops regional markets—Alberta 55%, Ontario 42%, Manitoba/Saskatchewan 37%. About 23% of consumers shop most often at Canna Cabana (up from 17%), and 27% of daily cannabis consumers name it as their primary store (daily shoppers account for 37% of primary shoppers). CEO Raj Grover credits the discount club model and loyalty programs for the momentum. The release also notes a grant of 103,000 incentive stock options and reiterates High Tide's expansion plans, including Germany and other initiatives. Brand leadership and higher loyalty indicators suggest potential upside for sales and market share, though no earnings data are provided.

17 Sep

4 transcript

High Tide Inc. held its Q3 2026 earnings call to discuss quarterly financial results and business outlook. Q3 2026 earnings call delivers financial results and guidance that can substantially move investor sentiment and share price.

3

High Tide (HITI) posts record revenue while cash flow lags operating profit growth. Record revenue supports growth but lagging cash flow raises liquidity concerns that may pressure near-term performance.

16 Sep

4

High Tide Inc reported record revenue of $198 million in its Q3 2026 earnings call. Record revenue figure signals strong sales growth that can materially lift stock valuation and market positioning.

4

High Tide Inc. intersected 128.9 metres of 30.2% Fe and 179.6 metres of 26.7% Fe at the Labrador West Iron Project. Drilling results expand iron resource potential and may lift valuation and investor interest.

3

High Tide Inc. demonstrates a strong growth profile supporting a price target of US$5.00. Strong growth profile and US$5 price target can moderately influence investor sentiment and stock performance.

15 Sep

3

High Tide Inc. presented Q3 earnings call highlights covering financial results, operational updates and outlook for the cannabis retail business. Quarterly earnings data directly informs near-term revenue trends and investor sentiment for the company's core operations.

3 transcript

High Tide Inc. presented Q3 2026 earnings results and company outlook during its earnings call. Quarterly earnings updates typically produce moderate short-term market reaction without fundamentally altering long-term trajectory.

14 Sep

4

High Tide Inc. achieved record-breaking financial results for the third quarter of 2026. Record quarterly results signal stronger revenue and profitability that can lift stock valuation and investor sentiment.

4

High Tide Inc. posts record-breaking third quarter 2026 financial results. Record earnings signal strong growth and improved market position for High Tide.

11 Aug

3

High Tide Inc. updated its Q3 2026 guidance, surpassing analyst expectations. Guidance beat signals improved financial outlook likely to lift near-term sentiment and valuation without reshaping core operations.

5 Aug

4

High Tide Inc. closed $40 million senior secured credit facilities. Securing $40 million credit facilities strengthens balance sheet and funds expansion.

4

High Tide Inc. closes $40 million senior secured credit facilities. Securing $40 million in senior secured credit facilities supplies major capital for High Tide operations and expansion.

4 Aug

4

High Tide Inc. announces preliminary Q3 2026 guidance. Preliminary earnings guidance directly shapes investor expectations and near-term stock performance for High Tide Inc.

3

High Tide Inc. issued preliminary guidance for Q3 2026. Preliminary 2026 guidance supplies forward earnings expectations that may shift near-term investor sentiment without altering core operations.

30 Jul

3

High Tide Inc. completed the acquisition of Northern Helm, adding four retail cannabis stores in Ontario. Acquisition expands Ontario retail footprint by four stores, moderately boosting revenue potential.

3

High Tide closes acquisition of Northern Helm, adding four retail cannabis stores in Ontario. Acquisition expands retail footprint in Ontario by four stores with moderate effect on operations.

21 Jul

3

High Tide Inc. same-store sales turned positive in June 2026. Positive same-store sales signal improving retail performance that can lift near-term revenue and sentiment.

6 Jul

3

High Tide Inc. adopts new shareholder rights plans. Adoption of shareholder rights plan introduces takeover defenses that can affect investor sentiment and stock dynamics without changing core operations.

30 Jun

4

High Tide Inc. posted record quarterly results, positioning the company as an emerging cannabis growth stock. Record quarterly results demonstrate strong financial momentum capable of materially shifting company trajectory and investor sentiment.

22 Jun

3

High Tide exhibits strong growth profile supporting US$5.00 price target. Price target of US$5.00 signals positive growth outlook likely to affect near-term sentiment.

18 Jun

4

High Tide Inc. posted record Q2 results and secured C$40M in new credit facilities, materially changing its investment story. Record quarterly results plus C$40M credit facilities materially strengthen financial position and growth outlook.

17 Jun

3

High Tide reported Q2 results and opened new stores, leaving its TSXV:HITI shares looking undervalued. Quarterly results and incremental store openings typically produce moderate shifts in near-term financial views and growth pace without redefining long-term positioning.

16 Jun

4 transcript

High Tide Inc posted record growth in Q2 2026 earnings alongside ongoing strategic expansions. Record growth and strategic expansion indicate major positive shifts in High Tide's trajectory and investor outlook.

15 Jun

4

High Tide Inc. posted fiscal Q2 profit along with record revenue that beat estimates, driving a 15% after-hours share price increase. Q2 profit and record revenue beat estimates triggered immediate 15% after-hours share surge.

4

High Tide Inc. reported record revenue of $179.3MM and Adjusted EBITDA of $13.9MM for the second quarter of 2026. Record revenue and positive EBITDA establish stronger financial footing that can lift share price and market perception.

4

High Tide Inc. will acquire Northern Helm and secured approval for C$40 million senior secured credit facilities to fund the deal. Acquisition plus C$40 million financing represents a major strategic expansion that can alter High Tide's market position and growth trajectory.

4

High Tide Inc. secured approval for C$40MM in senior secured credit facilities. C$40MM credit approval supplies major new funding that supports expansion and strengthens balance sheet.

3

High Tide Inc. reported second quarter 2026 financial results with record revenue of $179.3MM and adjusted EBITDA of $13.9MM. Record revenue and positive EBITDA signal stronger financial performance likely to lift near-term market sentiment for High Tide Inc.

3

High Tide secures approval for C$40MM senior secured credit facilities. C$40MM credit approval strengthens liquidity and operational runway without fundamentally shifting company trajectory.

stockrow.com/HITI · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com