Roth Capital Estimates High Tide’s Q1 Earnings (NASDAQ:HITI)

High Tide Inc. (NASDAQ:HITI) – Equities research analysts at Roth Capital issued their Q1 2026 earnings per share estimates for shares of High Tide in a report released on Tuesday, September 16th. Roth Capital analyst W. Kirk anticipates that the company will post earnings per share of $0.01 for the quarter. Roth Capital has a “Buy” rating and a $5.00 price target on the stock. The consensus estimate for High Tide’s current full-year earnings is ($0.04) per share.

High Tide (NASDAQ:HITI) last announced its earnings results on Monday, September 15th. The company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. High Tide had a negative return on equity of 6.50% and a negative net margin of 1.66%.The company had revenue of $108.04 million for the quarter, compared to analysts’ expectations of $146.00 million.

Separately, Haywood Securities upgraded High Tide to a “strong-buy” rating in a research note on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat.com, High Tide currently has an average rating of “Strong Buy” and a consensus target price of $5.00.

High Tide Price Performance

Shares of High Tide stock opened at $3.98 on Thursday. High Tide has a one year low of $1.64 and a one year high of $3.99. The stock’s fifty day moving average is $2.86 and its 200 day moving average is $2.45. The stock has a market cap of $346.58 million, a P/E ratio of -49.75 and a beta of 0.58. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 1.85.

Institutional Investors Weigh In On High Tide

A number of institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. increased its stake in High Tide by 82,976.9% in the 2nd quarter. Osaic Holdings Inc. now owns 10,800 shares of the company’s stock worth $25,000 after buying an additional 10,787 shares in the last quarter. Revisor Wealth Management LLC purchased a new position in shares of High Tide during the second quarter valued at about $32,000. Jane Street Group LLC grew its position in shares of High Tide by 50.6% during the fourth quarter. Jane Street Group LLC now owns 53,089 shares of the company’s stock valued at $163,000 after purchasing an additional 17,837 shares in the last quarter. StoneX Group Inc. purchased a new position in shares of High Tide during the second quarter valued at about $46,000. Finally, Bank of America Corp DE purchased a new position in shares of High Tide during the fourth quarter valued at about $72,000. Hedge funds and other institutional investors own 4.52% of the company’s stock.

About High Tide

High Tide Inc engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories.