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High Tide Inc.TSXV:HITI Stock Report

Market Cap CA$285.7m
Share Price
CA$3.30
CA$7.33
55.0% undervalued intrinsic discount
1Y4.1%
7D-0.3%
Portfolio Value
View

High Tide Inc.

TSXV:HITI Stock Report

Market Cap: CA$285.7m

High Tide (HITI) Stock Overview

Engages in the cannabis retail business in Canada, the United States, and internationally. More details

HITI fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

HITI Community Fair Values

Create Narrative

See what 45 others think this stock is worth. Follow their fair value or set your own to get alerts.

High Tide Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for High Tide
Historical stock prices
Current Share PriceCA$3.30
52 Week HighCA$5.59
52 Week LowCA$2.85
Beta1.07
1 Month Change-2.37%
3 Month Change0.61%
1 Year Change4.10%
3 Year Change78.38%
5 Year Change-63.97%
Change since IPO-45.00%

Recent News & Updates

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.
User avatar
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...
Analysis Article Nov 16

Is High Tide (CVE:HITI) A Risky Investment?

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

Shareholder Returns

HITICA PharmaceuticalsCA Market
7D-0.3%-6.3%-0.2%
1Y4.1%44.6%32.6%

Return vs Industry: HITI underperformed the Canadian Pharmaceuticals industry which returned 35.2% over the past year.

Return vs Market: HITI underperformed the Canadian Market which returned 31.1% over the past year.

Price Volatility

Is HITI's price volatile compared to industry and market?
HITI volatility
HITI Average Weekly Movement5.8%
Pharmaceuticals Industry Average Movement11.2%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: HITI has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: HITI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,832Raj Groverwww.hightideinc.com

High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Bricks and Mortar, E-commerce, and Medical Cannabis Distribution segments. It manufactures and distributes consumption accessories; cannabis; and hemp derived products.

High Tide Inc. Fundamentals Summary

How do High Tide's earnings and revenue compare to its market cap?
HITI fundamental statistics
Market capCA$285.67m
Earnings (TTM)-CA$46.73m
Revenue (TTM)CA$629.85m
0.5x
P/S Ratio
-6.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITI income statement (TTM)
RevenueCA$629.85m
Cost of RevenueCA$467.36m
Gross ProfitCA$162.50m
Other ExpensesCA$209.23m
Earnings-CA$46.73m

Last Reported Earnings

Jan 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.53
Gross Margin25.80%
Net Profit Margin-7.42%
Debt/Equity Ratio58.4%

How did HITI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 17:19
End of Day Share Price 2026/05/20 00:00
Earnings2026/01/31
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