High Tide Inc.

TSXV:HITI Stock Report

Market Cap: CA$276.8m

High Tide Future Growth

Future criteria checks 4/6

High Tide is forecast to grow earnings and revenue by 172.6% and 8.7% per annum respectively while EPS is expected to grow by 69.5% per annum.

Key information

172.6%

Earnings growth rate

69.51%

EPS growth rate

Pharmaceuticals earnings growth15.0%
Revenue growth rate8.7%
Future return on equityn/a
Analyst coverage

Good

Last updated23 Jun 2026

Recent future growth updates

Analysis Article Jun 16

Here's What Analysts Are Forecasting For High Tide Inc. (CVE:HITI) After Its Second-Quarter Results

High Tide Inc. ( CVE:HITI ) shareholders are probably feeling a little disappointed, since its shares fell 2.3% to...

Recent updates

Analysis Article Oct 23

Here's Why High Tide (CVE:HITI) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 20

Even With A 26% Surge, Cautious Investors Are Not Rewarding High Tide Inc.'s (CVE:HITI) Performance Completely

TSXV:HITI 1 Year Share Price vs Fair Value Explore High Tide's Fair Values from the Community and select yours Despite...
Narrative Update Aug 16

Expanding German Medical Cannabis And Cabana Club Will Build Opportunities

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.
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New Narrative Apr 27

Expanding German Medical Cannabis And Cabana Club Will Build Opportunities

Strategic expansion in the German market and leveraging Canadian connections may boost future revenue.
Analysis Article Apr 01

Take Care Before Jumping Onto High Tide Inc. (CVE:HITI) Even Though It's 25% Cheaper

To the annoyance of some shareholders, High Tide Inc. ( CVE:HITI ) shares are down a considerable 25% in the last...
Analysis Article Oct 19

High Tide Inc.'s (CVE:HITI) Shares Leap 30% Yet They're Still Not Telling The Full Story

High Tide Inc. ( CVE:HITI ) shares have continued their recent momentum with a 30% gain in the last month alone. The...
Analysis Article Oct 04

Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 14

Market Cool On High Tide Inc.'s (CVE:HITI) Revenues

High Tide Inc.'s ( CVE:HITI ) price-to-sales (or "P/S") ratio of 0.4x may look like a pretty appealing investment...
Analysis Article Jun 16

Here's What Analysts Are Forecasting For High Tide Inc. (CVE:HITI) After Its Second-Quarter Results

High Tide Inc. ( CVE:HITI ) shareholders are probably feeling a little disappointed, since its shares fell 2.3% to...
Analysis Article Apr 25

High Tide (CVE:HITI) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Mar 16

High Tide Inc. (CVE:HITI) Screens Well But There Might Be A Catch

When close to half the companies operating in the Pharmaceuticals industry in Canada have price-to-sales ratios (or...
Analysis Article Sep 23

Here's Why High Tide (CVE:HITI) Can Afford Some Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 25

Take Care Before Diving Into The Deep End On High Tide Inc. (CVE:HITI)

You may think that with a price-to-sales (or "P/S") ratio of 0.3x High Tide Inc. ( CVE:HITI ) is a stock worth checking...
Analysis Article Mar 31

Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Earnings and Revenue Growth Forecasts

TSXV:HITI - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
10/31/2028887N/A42N/A2
10/31/20278172034526
10/31/2026733410247
4/30/2026671-441625N/A
1/31/2026630-471929N/A
10/31/2025594-511424N/A
7/31/2025568-102029N/A
4/30/2025550-101525N/A
1/31/2025537-72029N/A
10/31/2024522-42736N/A
7/31/2024511-302636N/A
4/30/2024504-342937N/A
1/31/2024498-361925N/A
10/31/2023488-391521N/A
7/31/2023469-621419N/A
4/30/2023440-61512N/A
1/31/2023403-6808N/A
10/31/2022357-72-54N/A
7/31/2022302-22-111N/A
4/30/2022255-21-16-4N/A
1/31/2022215-25-17-6N/A
10/31/2021181-34-14-3N/A
7/31/2021152-32-12-5N/A
4/30/2021128-27-33N/A
1/31/2021108-19711N/A
10/31/202083-669N/A
7/31/202070-2025N/A
4/30/202054-28-9-4N/A
1/31/202040-26N/A-11N/A
10/31/201931-26N/A-14N/A
7/31/201922-15N/A-21N/A
4/30/201916-12N/A-5N/A
1/31/201911-9N/A-13N/A
10/31/20189-5N/A-9N/A
7/31/20189-1N/A-2N/A
10/31/2017100N/A1N/A
10/31/201681N/A0N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HITI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3%).

Earnings vs Market: HITI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HITI is expected to become profitable in the next 3 years.

Revenue vs Market: HITI's revenue (8.7% per year) is forecast to grow faster than the Canadian market (4.7% per year).

High Growth Revenue: HITI's revenue (8.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HITI's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 21:58
End of Day Share Price 2026/06/25 00:00
Earnings2026/04/30
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

High Tide Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Frederico Yokota Choucair GomesATB Cormark
David KideckelATB Cormark
Doug CooperBeacon Securities Limited