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High Tide ( (TSE:HITI) ) has provided an update.
High Tide Inc. reported its financial results for the third fiscal quarter of 2025, showcasing record revenue and adjusted EBITDA, alongside positive free cash flow and net income. The company achieved a 14% year-over-year revenue increase, driven by its innovative discount club model and strong same-store sales growth. High Tide’s acquisition of a majority stake in Remexian positions it as a leader in Germany’s medical cannabis market, further diversifying its revenue streams and strengthening its market position. The company’s Canna Cabana brand maintained its status as the largest cannabis retail brand in Canada, with significant growth in membership and market share.
The most recent analyst rating on (TSE:HITI) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on High Tide stock, see the TSE:HITI Stock Forecast page.
Spark’s Take on TSE:HITI Stock
According to Spark, TipRanks’ AI Analyst, TSE:HITI is a Neutral.
High Tide’s overall stock score is driven by strong financial performance and positive earnings call sentiment, highlighting growth in retail expansion and market share. However, the technical indicators suggest the stock may be overbought, and the negative P/E ratio reflects ongoing profitability challenges.
To see Spark’s full report on TSE:HITI stock, click here.
More about High Tide
High Tide Inc. is a prominent player in the cannabis industry, focusing on retail operations. The company is known for its Canna Cabana retail brand, which operates across multiple Canadian provinces. High Tide has also expanded its market presence into Germany’s medical cannabis sector, enhancing its international footprint.
YTD Price Performance: -1.46%
Average Trading Volume: 71,180
Technical Sentiment Signal: Buy
Current Market Cap: C$410.1M
For an in-depth examination of HITI stock, go to TipRanks’ Overview page.