High Tide (HITI) Projected to Announce Quarterly Earnings on Monday

High Tide (NASDAQ:HITI) will likely be releasing its Q3 2026 results after the market closes on Monday, September 14th. Analysts expect High Tide to post earnings of $0.01 per share and revenue of $138.9730 million for the quarter. Individuals may visit the the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Tuesday, September 15, 2026 at 11:30 AM ET.

High Tide (NASDAQ:HITI) last posted its earnings results on Monday, June 15th. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.03. The company had revenue of $132.02 million during the quarter, compared to the consensus estimate of $125.93 million. High Tide had a positive return on equity of 3.59% and a negative net margin of 6.62%. On average, analysts expect High Tide to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

High Tide Trading Down 1.2%

Shares of High Tide stock opened at $2.53 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.66 and a current ratio of 1.46. The firm has a 50-day moving average of $2.33 and a 200-day moving average of $2.37. High Tide has a 52-week low of $2.02 and a 52-week high of $4.06. The stock has a market cap of $224.92 million, a PE ratio of -8.16 and a beta of 0.62.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of HITI. Tidal Investments LLC bought a new stake in High Tide during the third quarter worth about $6,030,000. Millennium Management LLC increased its holdings in High Tide by 154.7% in the 4th quarter. Millennium Management LLC now owns 1,112,004 shares of the company’s stock valued at $2,947,000 after buying an additional 675,396 shares during the period. Renaissance Technologies LLC increased its holdings in High Tide by 35.2% in the 4th quarter. Renaissance Technologies LLC now owns 945,063 shares of the company’s stock valued at $2,504,000 after buying an additional 245,863 shares during the period. Walleye Capital LLC raised its position in shares of High Tide by 13.6% in the 4th quarter. Walleye Capital LLC now owns 825,338 shares of the company’s stock valued at $2,187,000 after buying an additional 98,524 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in shares of High Tide by 452.5% in the 3rd quarter. Two Sigma Investments LP now owns 471,727 shares of the company’s stock valued at $1,712,000 after buying an additional 386,340 shares in the last quarter. Institutional investors own 4.52% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on HITI shares. D. Boral Capital assumed coverage on shares of High Tide in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $4.00 price objective for the company. Weiss Ratings restated a “sell (d-)” rating on shares of High Tide in a research report on Friday, July 17th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $5.62.

About High Tide

High Tide Inc (NASDAQ: HITI) is an omnichannel retailer and branded consumer packaged goods company serving the regulated cannabis market. The company operates a network of licensed cannabis retail stores across Canada, offering a curated assortment of cannabis flower, pre-rolls, vapes and lifestyle accessories. In parallel, High Tide maintains an e-commerce platform that delivers hemp-derived products, vaporizers, glassware and other ancillary goods to consumers in multiple jurisdictions.

Within Canada, High Tide’s retail division includes banners such as Canna Cabana, Meta Cannabis Supply Co and The Hunny Pot, each designed to provide differentiated in-store experiences.