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

High Tide (NASDAQ:HITI) is expected to be announcing its Q1 2026 results before the market opens on Monday, March 16th. Analysts expect the company to announce earnings of ($0.0025) per share and revenue of $173.7970 million for the quarter. Investors are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, March 18, 2026 at 11:30 AM ET.

High Tide (NASDAQ:HITI) last issued its quarterly earnings data on Thursday, January 29th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The company had revenue of $117.02 million during the quarter, compared to the consensus estimate of $158.91 million. High Tide had a negative return on equity of 2.37% and a negative net margin of 8.68%. 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 Price Performance

High Tide stock opened at $2.46 on Friday. The stock’s 50 day moving average is $2.48 and its 200 day moving average is $2.89. High Tide has a one year low of $1.64 and a one year high of $4.06. The firm has a market cap of $216.23 million, a P/E ratio of -6.65 and a beta of 0.54. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.37 and a quick ratio of 0.70.

Institutional Investors Weigh In On High Tide

Several large investors have recently added to or reduced their stakes in the business. Tidal Investments LLC bought a new stake in High Tide in the third quarter worth approximately $6,030,000. Millennium Management LLC boosted its holdings in shares of High Tide by 154.7% during the 4th quarter. Millennium Management LLC now owns 1,112,004 shares of the company’s stock worth $2,947,000 after buying an additional 675,396 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of High Tide by 35.2% during the 4th quarter. Renaissance Technologies LLC now owns 945,063 shares of the company’s stock worth $2,504,000 after buying an additional 245,863 shares in the last quarter. Walleye Capital LLC grew its position in shares of High Tide by 13.6% during the 4th quarter. Walleye Capital LLC now owns 825,338 shares of the company’s stock worth $2,187,000 after buying an additional 98,524 shares during the period. Finally, Two Sigma Investments LP increased its stake 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 acquiring an additional 386,340 shares in the last quarter. Institutional investors and hedge funds own 4.52% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of High Tide in a report on Thursday, January 22nd. Wall Street Zen lowered shares of High Tide from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, TD Securities assumed coverage on shares of High Tide in a research report on Tuesday, February 24th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, High Tide currently has an average rating of “Moderate Buy” and a consensus price target of $6.13.

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.