Added to YB: 2026-09-18
Pitch date: 2026-09-16
HITI [bullish]
High Tide Inc.
Author Info
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Company Info
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally.
Market Cap
CAD 324.2M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.84
P/E
-9.32
EV/Sales
0.59
Sector
Pharmaceuticals
Category
growth
High Tide Inc. Reports a Really Strong Q3 Earnings: HITI Stock
HITI (earnings): High Tide’s record Q3 supports the thesis that it can compound through market-share gains in Canada and Germany. Revenue rose 33% to $199M, 45% above consensus, while adjusted EBITDA increased 53% to $16.2M, net income reached $12.7M and free cash flow was $7.0M. ELITE membership grew 62% to more than 186,000, and Remexian contributed $38.2M of revenue, though Q3 is seasonally stronger.
Read full article (3 min)