
High Tide (HITI) Stock Forecast & Price Target
High Tide (HITI) Analyst Ratings
Bulls say
High Tide Inc. has demonstrated a positive trajectory in the Canadian cannabis market, with its Canna Cabana retail locations increasing market share to 12%, which reflects competitive performance relative to its fair share. The company has also seen significant growth in its CabanaClub membership, reaching 1.9 million, with a notable increase in ELITE subscribers by 20% quarter-over-quarter and 120% year-over-year. Furthermore, the gross margins improved to 25.7%, highlighting effective strategies to enhance e-commerce sales and optimize retail margins, which supports a favorable financial outlook for the company.
Bears say
High Tide Inc. reported a revenue of $137.8 million for the second quarter of 2025, falling short of the consensus estimate of $138.5 million and reflecting a decline of 3.3% quarter-over-quarter, despite an 11.1% increase year-over-year. The company faces challenges in sustaining growth, as evidenced by the macroeconomic conditions that could hinder discretionary spending and dampen sales. Furthermore, despite a year-over-year single-store sales growth of approximately 6.2%, the overall quarterly performance does not indicate strong momentum, highlighting concerns for future revenue generation amidst a competitive and fluctuating market.
This aggregate rating is based on analysts' research of High Tide and is not a guaranteed prediction by Public.com or investment advice.
High Tide (HITI) Analyst Forecast & Price Prediction
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