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HITI Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
2.370
Open
2.350
VWAP
2.34
Vol
34.69K
Mkt Cap
204.80M
Low
2.330
Amount
81.30K
EV/EBITDA(TTM)
8.17
Total Shares
87.90M
EV
376.20M
EV/OCF(TTM)
12.95
P/S(TTM)
0.44
High Tide Inc. is a retail-focused cannabis company. The Company’s segments include bricks-and-mortar, e-commerce and medical cannabis distribution. Its Bricks-and-mortar segment includes the Company’s Canadian bricks-and-mortar locations. Its E-commerce segment includes the Company’s United States and international subsidiaries and supports the distribution of accessories and other items to the United States. The medical cannabis distribution segment includes the medical cannabis distribution operations. It offers a suite of proprietary brands which include Dopezilla, Atomik, Puff Puff Pass, Vodka Glass, Queen of Bud, and Cabana Cannabis Co. Canna Cabana is the Company’s primary retail cannabis business, offering the retail sale of various cannabis products and accessories through its provincially authorized cannabis retail store locations. Canna Cabana operates a retail cannabis chain with approximately 219 branded stores operating across Canada.
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Events Timeline

(ET)
2026-04-20
06:10:00
High Tide's Canna Cabana Store to Open on April 20, 2026
select
2026-03-17 (ET)
2026-03-17
19:40:00
Stock Futures Slightly Lower Amid Oil Price Volatility
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2026-03-17
16:10:00
High Tide Q1 Revenue Reaches $178.3M, Exceeds Expectations
select
2026-03-04 (ET)
2026-03-04
10:10:00
High Tide and NuLeaf Join National Compassionate Care Council as Founding Members
select
2026-02-09 (ET)
2026-02-09
08:10:00
High Tide Opens 219th Canna Cabana Store in Ontario
select
2026-02-05 (ET)
2026-02-05
08:50:00
ChargePoint Borrow Rate Increases to 20.86%
select

News

Newsfilter
8.5
06-10Newsfilter
PinnedHigh Tide Opens New Canna Cabana Locations in Ontario and Alberta
  • New Store Openings: High Tide has opened a new Canna Cabana location in Welland, Ontario, set to begin sales on June 10, 2026, marking its first store in the city and serving a trade area of 65,000 residents with limited competition.
  • Expansion in Alberta: The new Canna Cabana store in Calgary, Alberta, is expected to open on June 26, 2026, with no direct cannabis competition in its immediate area, enhancing the company's market penetration capabilities among over 60,000 residents.
  • Total Store Count Growth: With these openings, High Tide's total Canna Cabana locations in Canada reach 224, including 99 in Ontario and 92 in Alberta, further solidifying its leadership position in the retail market.
  • Strategic Positioning: By securing strategic real estate in high-potential markets, High Tide not only enhances customer loyalty but also strengthens consumer value connections through its Cabana Club and ELITE programs, creating a more robust competitive moat.
PRnewswire
8.5
06-10PRnewswire
High Tide Opens New Canna Cabana Locations in Ontario and Alberta
  • Store Expansion: High Tide has opened a new Canna Cabana location in Welland, Ontario, bringing its total to 224 stores across Canada, with 99 in Ontario and 92 in Alberta, further solidifying its market leadership.
  • Market Potential: The new Welland store at 960 Niagara Street serves a trade area of 65,000 residents with limited competition, positioning it as the most convenient recreational cannabis retail option in northern Welland, enhancing High Tide's customer appeal.
  • Alberta Presence: The Calgary location, expected to open on June 26, 2026, at 16 MacEwan Drive NW, is situated in an area with over 60,000 residents and no direct competition, aligning with High Tide's value-driven discount club model and increasing market penetration.
  • Strategic Advantage: High Tide's strategy of securing strategic real estate in high-potential markets, combined with its Cabana Club and ELITE programs, enhances customer loyalty and creates a competitive moat, driving the company's continued growth.
PRnewswire
9.5
06-03PRnewswire
High Tide to Release Q2 2026 Financial Results on June 15
  • Earnings Release Schedule: High Tide will release its financial and operational results for the quarter ending April 30, 2026, after market close on June 15, 2026, which is expected to positively influence investor confidence amid the company's ongoing growth.
  • Webcast Announcement: Following the earnings release, CEO Raj Grover and CFO Mayank Mahajan will host a webcast on June 16 at 11:30 AM ET to discuss financial results and future outlook, aiming to enhance investor understanding of the company's strategy.
  • Employee Stock Options Grant: The company announced the grant of 66,500 incentive stock options to employees, exercisable at the previous day's closing price, which not only boosts employee morale but may also enhance overall company performance.
  • Market Position Strengthening: High Tide's Canna Cabana operates 222 locations in Canada, capturing a 12% market share, while expanding its business globally, demonstrating strong competitiveness in a rapidly growing market.
PRnewswire
8.5
05-15PRnewswire
High Tide Opens New Store, Expanding Market Presence
  • New Store Opening: High Tide's new Canna Cabana retail store in Toronto's Rexdale neighborhood is set to open on May 17, 2026, expected to offer recreational cannabis products and accessories for adult consumers, thereby enhancing the company's market penetration in Ontario.
  • Store Count Increase: This opening brings High Tide's total Canna Cabana locations to 222 across Canada, with 98 in Ontario, demonstrating the company's strong expansion momentum in the rapidly growing Canadian cannabis market.
  • Market Positioning Advantage: The new store is strategically located within an established power center, surrounded by major retailers and quick-service restaurants, serving a community of over 263,000 residents, which is anticipated to attract a significant number of adult consumers and strengthen the company's competitive edge in a high-density retail corridor.
  • Strategic Expansion Plan: CEO Raj Grover stated that as the store count approaches 100 in Ontario, the company will continue to focus on profitable and disciplined expansion to consolidate its market share in Canada's largest cannabis market and deepen its connection with consumers.
Newsfilter
8.5
05-15Newsfilter
High Tide Opens New Canna Cabana Store in Toronto
  • Store Opening: High Tide Inc. announced that its Canna Cabana retail store in Toronto will begin selling recreational cannabis products on May 17, 2026, bringing the total number of stores to 222 across Canada and 98 in Ontario, further solidifying its market position.
  • Strategic Location: The new store is strategically situated in a mature power center in the Rexdale community, surrounded by major retailers and quick-service restaurants, serving a dense population of over 263,000 residents, which is expected to attract adult consumers from Etobicoke and northwest Toronto, meeting the growing market demand.
  • Market Expansion: This location marks Canna Cabana's first entry into the area, enhancing the company's presence in the Greater Toronto Area and leveraging its differentiated discount-club model to attract value-seeking consumers, thereby increasing brand loyalty.
  • Sustained Growth: As High Tide approaches 100 stores in Ontario, it remains focused on profitable and disciplined expansion, aiming to enhance competitive advantages and deepen connections with consumers to further consolidate market share in Canada's largest cannabis market.
PRnewswire
5.0
05-11PRnewswire
High Tide Insiders Purchase Shares, Signaling Confidence in Growth
  • Insider Share Purchases: High Tide's officers, directors, and consultants acquired a total of 90,882 common shares between May 6 and May 8, 2026, at an average price of $3.39 per share, reflecting confidence in the company's intrinsic value and growth prospects.
  • Credit Facility Established: The company secured a $40 million credit facility with a Big 5 Canadian bank, enhancing its financial flexibility and providing funding support for future expansions, indicating an improvement in its financing capabilities.
  • Market Share Growth: Recent BfArM data shows that Remexian's market share in Germany has risen to over 14%, more than doubling since the transaction, validating High Tide's international strategy and laying the groundwork for further expansion in Europe.
  • Retail Network Expansion: High Tide's Canna Cabana operates 221 retail locations in Canada, capturing a 12% market share, and became the first North American cannabis operator to establish a physical presence in Germany in 2025, showcasing its strong growth potential in the global market.
Wall Street analysts forecast HITI stock price to rise
1 Analyst Rating
Wall Street analysts forecast HITI stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
7.50
Averages
7.50
High
7.50
Current: 0.000
sliders
Low
7.50
Averages
7.50
High
7.50
Canaccord
Buy
maintain
$7
AI Analysis
2026-03-19
Reason
Canaccord
Price Target
$7
AI Analysis
2026-03-19
maintain
Buy
Reason
Canaccord raised the firm's price target on High Tide to C$7.25 from C$7 and keeps a Buy rating on the shares.
TD Securities
NULL
to
Buy
initiated
$6.50
2026-02-24
Reason
TD Securities
Price Target
$6.50
2026-02-24
initiated
NULL
to
Buy
Reason
TD Securities initiated coverage of High Tide with a Buy rating and C$6.50 price target. The cannabis retailer has leading key performance indicators, including market share, same-store sales growth, store economics, and a rapidly growing 2.5M member loyalty program, says the analyst, who calls High Tide the firm's top cannabis pick.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for HITI
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Valuation Metrics

The current forward P/E ratio for High Tide Inc (HITI.O) is 42.37, compared to its 5-year average forward P/E of 20.72. For a more detailed relative valuation and DCF analysis to assess High Tide Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
20.72
Current PE
42.37
Overvalued PE
286.86
Undervalued PE
-245.41

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
11.13
Current EV/EBITDA
5.88
Overvalued EV/EBITDA
24.10
Undervalued EV/EBITDA
-1.84

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.54
Current PS
0.25
Overvalued PS
0.94
Undervalued PS
0.15

Financials

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Frequently Asked Questions

What is High Tide Inc (HITI) stock price today?

The current price of HITI is 2.33 USD — it has increased 0

What is High Tide Inc (HITI)'s business?

High Tide Inc. is a retail-focused cannabis company. The Company’s segments include bricks-and-mortar, e-commerce and medical cannabis distribution. Its Bricks-and-mortar segment includes the Company’s Canadian bricks-and-mortar locations. Its E-commerce segment includes the Company’s United States and international subsidiaries and supports the distribution of accessories and other items to the United States. The medical cannabis distribution segment includes the medical cannabis distribution operations. It offers a suite of proprietary brands which include Dopezilla, Atomik, Puff Puff Pass, Vodka Glass, Queen of Bud, and Cabana Cannabis Co. Canna Cabana is the Company’s primary retail cannabis business, offering the retail sale of various cannabis products and accessories through its provincially authorized cannabis retail store locations. Canna Cabana operates a retail cannabis chain with approximately 219 branded stores operating across Canada.

What is the price predicton of HITI Stock?

Wall Street analysts forecast HITI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HITI is7.50 USD with a low forecast of 7.50 USD and a high forecast of 7.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is High Tide Inc (HITI)'s revenue for the last quarter?

High Tide Inc revenue for the last quarter amounts to 178.33M USD, increased 25.18

What is High Tide Inc (HITI)'s earnings per share (EPS) for the last quarter?

High Tide Inc. EPS for the last quarter amounts to 0.01 USD, decreased -133.33

How many employees does High Tide Inc (HITI). have?

High Tide Inc (HITI) has 1832 emplpoyees as of June 11 2026.

What is High Tide Inc (HITI) market cap?

Today HITI has the market capitalization of 204.80M USD.