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High Tide Inc.

HITINASDAQ
Healthcare
Medical - Pharmaceuticals
$2.34
$0.04(1.74%)

High Tide Inc. (HITI) Stock Overview

Explore High Tide Inc.’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B+

Score: 76.4/100

Key Financials

Market Cap190M
P/E Ratio-37.28
EPS (TTM)$-0.09
ROE-0.05%
Fundamental Analysis

AI Price Forecasts

1 Week$2.38
1 Month$1.76
3 Months$2.94
1 Year Target$0.92

HITI Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of High Tide Inc. (HITI) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

Our forecasting models predict significant price movements, with a 12-month target of $0.92.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -37.28 and a market capitalization of 190M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Revenue Growth
7.10%
7.10%
Profit Growth
$-0.09
88.97%
EPS Growth
$-0.09
89.85%
Operating Margin
0.63%
112.08%
ROE
-4.77%
88.97%
Dividend Yield
0.00%

Analyst Recommendations

Strong Buy
0
Buy
1
Hold
0
Sell
0
Strong Sell
0

Price Targets

Low$0.00
Average$0.00
High$0.00

Company Profile

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.

CEO

Harkirat Grover

Employees

1,750

Headquarters

11127 - 15 Street NE, Calgary, AB

Founded

2021

Frequently Asked Questions

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