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High Tide Inc.TSXV:HITI Stock Report

Market Cap CA$378.8m
Share Price
CA$4.93
My Fair Value
CA$7.33
32.8% undervalued intrinsic discount
1Y89.6%
7D34.0%
Portfolio Value
View

High Tide Inc.

TSXV:HITI Stock Report

Market Cap: CA$378.8m

High Tide (HITI) Stock Overview

Engages in the cannabis retail business in Canada. More details

HITI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

HITI Community Fair Values

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See what 40 others think this stock is worth. Follow their fair value or set your own to get alerts.

CA$7.33
FV
32.8% undervalued intrinsic discount
17.72%
Revenue growth p.a.
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8 days ago author updated this narrative

High Tide Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for High Tide
Historical stock prices
Current Share PriceCA$4.93
52 Week HighCA$5.08
52 Week LowCA$2.37
Beta0.72
1 Month Change51.23%
3 Month Change56.51%
1 Year Change89.62%
3 Year Change163.64%
5 Year Change93.33%
Change since IPO-17.83%

Recent News & Updates

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

Aug 20
Even With A 26% Surge, Cautious Investors Are Not Rewarding High Tide Inc.'s (CVE:HITI) Performance Completely

Recent updates

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

Aug 20
Even With A 26% Surge, Cautious Investors Are Not Rewarding High Tide Inc.'s (CVE:HITI) Performance Completely
User avatar

Expanding German Medical Cannabis And Cabana Club Will Build Opportunities

Strategic expansion in the German market and leveraging Canadian connections may boost future revenue.

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

Apr 01
Take Care Before Jumping Onto High Tide Inc. (CVE:HITI) Even Though It's 25% Cheaper

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

Oct 19
High Tide Inc.'s (CVE:HITI) Shares Leap 30% Yet They're Still Not Telling The Full Story

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

Oct 04
Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

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

Aug 14
Market Cool On High Tide Inc.'s (CVE:HITI) Revenues

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

Jun 16
Here's What Analysts Are Forecasting For High Tide Inc. (CVE:HITI) After Its Second-Quarter Results

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

Apr 25
High Tide (CVE:HITI) Seems To Use Debt Quite Sensibly

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

Mar 16
High Tide Inc. (CVE:HITI) Screens Well But There Might Be A Catch

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

Sep 23
Here's Why High Tide (CVE:HITI) Can Afford Some Debt

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

Jul 25
Take Care Before Diving Into The Deep End On High Tide Inc. (CVE:HITI)

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

Mar 31
Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

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

Nov 16
Is High Tide (CVE:HITI) A Risky Investment?

Shareholder Returns

HITICA PharmaceuticalsCA Market
7D34.0%7.7%1.6%
1Y89.6%-20.0%18.8%

Return vs Industry: HITI exceeded the Canadian Pharmaceuticals industry which returned -18.3% over the past year.

Return vs Market: HITI exceeded the Canadian Market which returned 18.9% over the past year.

Price Volatility

Is HITI's price volatile compared to industry and market?
HITI volatility
HITI Average Weekly Movement7.0%
Pharmaceuticals Industry Average Movement13.0%
Market Average Movement8.4%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.0%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,750Raj Groverwww.hightideinc.com

High Tide Inc. engages in the cannabis retail business in Canada. It operates through Bricks and Mortar Operations; and E-commerce Operations segments. The company operates retail cannabis stores; and provides data analytics services.

High Tide Inc. Fundamentals Summary

How do High Tide's earnings and revenue compare to its market cap?
HITI fundamental statistics
Market capCA$378.81m
Earnings (TTM)-CA$9.68m
Revenue (TTM)CA$550.24m
0.7x
P/S Ratio
-41.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HITI income statement (TTM)
RevenueCA$550.24m
Cost of RevenueCA$408.12m
Gross ProfitCA$142.12m
Other ExpensesCA$151.80m
Earnings-CA$9.68m

Last Reported Earnings

Apr 30, 2025

Next Earnings Date

Sep 15, 2025

Earnings per share (EPS)-0.12
Gross Margin25.83%
Net Profit Margin-1.76%
Debt/Equity Ratio16.6%

How did HITI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/22 15:47
End of Day Share Price 2025/08/22 00:00
Earnings2025/04/30
Annual Earnings2024/10/31

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 10 analysts. 3 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 Capital Markets
David KideckelATB Capital Markets
Doug CooperBeacon Securities Limited