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HITI
Upturn stock rating

High Tide Inc (HITI)

Upturn stock rating
$3.11
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

10/31/2025: HITI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $6

1 Year Target Price $6

Analysts Price Target For last 52 week
$6 Target price
52w Low $1.64
Current$3.11
52w High $4.06

Analysis of Past Performance

Type Stock
Historic Profit 3.68%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/31/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 272.88M USD
Price to earnings Ratio -
1Y Target Price 6
Price to earnings Ratio -
1Y Target Price 6
Volume (30-day avg) 5
Beta 0.95
52 Weeks Range 1.64 - 4.06
Updated Date 11/1/2025
52 Weeks Range 1.64 - 4.06
Updated Date 11/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.08

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -1.72%
Operating Margin (TTM) 3.6%

Management Effectiveness

Return on Assets (TTM) 3.28%
Return on Equity (TTM) -6.52%

Valuation

Trailing PE -
Forward PE 29.5
Enterprise Value 326774737
Price to Sales(TTM) 0.48
Enterprise Value 326774737
Price to Sales(TTM) 0.48
Enterprise Value to Revenue 0.8
Enterprise Value to EBITDA 16.4
Shares Outstanding 87111205
Shares Floating 76291993
Shares Outstanding 87111205
Shares Floating 76291993
Percent Insiders 12.12
Percent Institutions 6.9

ai summary icon Upturn AI SWOT

High Tide Inc

stock logo

Company Overview

overview logo History and Background

High Tide Inc. was founded in 2009 and has grown to become a leading retail-focused cannabis company, with a strong presence in Canada and expanding into the US market. It has focused on building a diversified portfolio through organic growth and strategic acquisitions.

business area logo Core Business Areas

  • Cannabis Retail: Operates a chain of retail cannabis stores under various banners, providing a wide range of cannabis products to consumers. Also includes the sale of ancillary cannabis products and accessories.
  • Wholesale Distribution: Manufactures and distributes cannabis accessories and other products to retailers and consumers through its wholesale division.
  • E-commerce: Operates online platforms selling cannabis accessories and related products directly to consumers.

leadership logo Leadership and Structure

Raj Grover is the CEO and President. The company operates with a typical corporate structure, including departments for retail operations, wholesale distribution, finance, marketing, and legal compliance.

Top Products and Market Share

overview logo Key Offerings

  • Cannabis Flower: Offers a variety of cannabis flower strains. Market share data is highly variable and dependent on specific regions. Competitors include other licensed producers and retailers such as Canopy Growth (CGC), Aurora Cannabis (ACB), and Curaleaf (CURLF).
  • Cannabis Accessories: Sells a wide range of accessories, including pipes, vaporizers, and rolling papers through its stores and online platforms. High Tide is a strong player in this space. Key competitors are companies like Greenlane Holdings (GNLN).
  • Cannabis Edibles and Concentrates: Offerings in edibles and concentrates vary by location due to differing regulations. Competitors are regional and national cannabis companies.

Market Dynamics

industry overview logo Industry Overview

The cannabis industry is rapidly growing, driven by increasing legalization and consumer acceptance. It's characterized by intense competition, evolving regulations, and emerging market opportunities.

Positioning

High Tide is positioned as a value-driven cannabis retailer, wholesaler, and e-commerce company, focusing on offering a wide selection of products at competitive prices. Its retail focus and acquisition strategy gives it a competitive edge.

Total Addressable Market (TAM)

The global cannabis market is projected to reach hundreds of billions USD in the next decade. High Tide is positioned to capture a significant share of this TAM through its retail and wholesale operations.

Upturn SWOT Analysis

Strengths

  • Strong retail presence
  • Diversified revenue streams
  • Strategic acquisitions
  • Value-driven approach
  • Strong e-commerce platform

Weaknesses

  • High reliance on regulatory environment
  • Intense competition
  • Brand awareness relative to larger competitors
  • Profitability concerns

Opportunities

  • Further legalization in North America
  • Expansion into new markets
  • Increased product offerings
  • Strategic partnerships
  • Growth in e-commerce

Threats

  • Changing regulations
  • Increased competition
  • Economic downturns
  • Supply chain disruptions
  • Illicit market competition

Competitors and Market Share

competitor logo Key Competitors

  • CGC
  • ACB
  • TLRY
  • CRON
  • CURLF

Competitive Landscape

High Tide benefits from its retail focus and strong e-commerce presence but faces stiff competition from larger, more established cannabis companies with greater financial resources.

Major Acquisitions

Smoker's Corner

  • Year: 2021
  • Acquisition Price (USD millions): 4
  • Strategic Rationale: Expansion of retail footprint in Ontario, Canada.

Growth Trajectory and Initiatives

Historical Growth: High Tide Inc. has shown significant revenue growth over the past several years, driven by retail expansion and acquisitions.

Future Projections: Future projections are dependent on market conditions and regulatory developments. Analysts generally expect continued growth in revenue and profitability, but numbers depend on specific analysis which is subject to change.

Recent Initiatives: Recent initiatives include the expansion of its retail footprint, strategic acquisitions, and investments in e-commerce platforms.

Summary

High Tide Inc. is a growing cannabis retailer with a strong focus on value and strategic acquisitions. The company's retail presence and e-commerce capabilities position it well, but it needs to manage regulatory risks and competition effectively. Profitability and brand recognition remain key areas for improvement. Overall, High Tide is pursuing a high-growth strategy in a rapidly evolving market.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company website
  • Public filings
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market conditions and company performance can change rapidly.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About High Tide Inc

Exchange NASDAQ
Headquaters Calgary, AB, Canada
IPO Launch date 2019-01-28
Founder, CEO, President & Executive Chairman Mr. Harkirat Grover
Sector Healthcare
Industry Pharmaceutical Retailers
Full time employees 1750
Full time employees 1750

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. In addition, it manufactures and distributes consumption accessories. Further, the company sells its products through a network of retail stores, e-commerce platforms, and the wholesale distribution arm. It offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, Blessed CBD, Fastendr, Famous Brandz, Queen of Bud, Canna Cabana, Grasscity, Daily High Club, Valiant Distribution, and Evolution brands. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. The company was founded in 2009 and is headquartered in Calgary, Canada.