Update shared on16 Aug 2025
Fair value Increased 6.02%High Tide’s consensus price target has risen to CA$7.33, reflecting a substantial improvement in net profit margin alongside a dramatic reduction in its future P/E, indicating improved profitability and a more attractive valuation.
What's in the News
- High Tide opened multiple new Canna Cabana retail cannabis stores in Drayton Valley (Alberta), Sherwood Park (Alberta), Brantford (Ontario), Calgary (Alberta), Winnipeg (Manitoba), and Toronto (Ontario), bringing its total to 203 stores across Canada.
- The company launched a CAD 30 million junior secured loan private placement with Cronos Group as investor, featuring a 5-year term at 4% interest and associated warrants, pending stock exchange approval.
- High Tide rolled out a nationwide in-store initiative across 200 Canna Cabana locations to showcase locally produced cannabis products, potentially extending beyond summer based on customer feedback.
- Appointment of Davidson & Company LLP as the new auditor was approved at the recent AGM.
Valuation Changes
Summary of Valuation Changes for High Tide
- The Consensus Analyst Price Target has risen from CA$6.92 to CA$7.33.
- The Net Profit Margin for High Tide has significantly risen from 0.11% to 1.76%.
- The Future P/E for High Tide has significantly fallen from 824.57x to 45.40x.
Disclaimer
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