HITI Should I Buy
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High Tide Inc (HITI) is a good buy for a beginner investor with a long-term investment strategy and $50,000-$100,000 available. The company demonstrates strong revenue growth, improving financial metrics, and positive analyst sentiment. Despite the lack of recent news and congress trading data, the stock's technical indicators and options data suggest a favorable entry point for long-term growth potential.
The MACD is positive and expanding, indicating bullish momentum. The RSI is overbought at 80.925, but this suggests strong buying interest. Moving averages are converging, showing potential for a breakout. Key resistance levels are at 2.592 and 2.685, with support at 2.29 and 2.197. The stock closed above its pivot point, indicating strength.
Analysts have a Buy rating with a price target of C$6.50 and C$7, highlighting strong market share and loyalty program growth.
Revenue increased by 18.61% YoY in Q4 2025, showing strong business growth.
Gross margin improved to 22.49%, reflecting better cost management.
Net income remains negative at -$45.64M, despite significant YoY improvement.
The RSI indicates overbought conditions, suggesting potential short-term pullback risks.
In Q4 2025, revenue grew by 18.61% YoY to $164.03M. Net income improved significantly by 873.32% YoY to -$45.64M. EPS increased by 783.33% YoY to -$0.53. Gross margin rose to 22.49%, up 2.32% YoY, indicating improving profitability metrics.
Analysts have reiterated Buy ratings with price targets of C$6.50 and C$7, citing strong market share, same-store sales growth, and a rapidly growing loyalty program. High Tide is considered a top cannabis pick by TD Securities.
