Planet 13 Holdings, Inc. (PLNH)
OTHER OTC:PLNH
PLNH Stock Chart & Stats
$0.15
>-$0.01(-1.12%)
At close: 4:00 PM EST
$0.15
>-$0.01(-1.12%)
Day’s Range― - ―
52-Week Range$0.12 - $0.50
Previous CloseN/A
Volume295.44K
Average Volume (3M)716.32K
Market Cap
$50.99M
Enterprise Value$100.20M
Total Cash (Recent Filing)$16.27M
Total Debt (Recent Filing)$54.13M
Price to Earnings (P/E)―
Beta1.89
Next Earnings
Aug 18, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.22
Shares Outstanding328,604,130
10 Day Avg. Volume673,808
30 Day Avg. Volume716,321
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)1.30
Price to Sales (P/S)0.63
P/FCF Ratio-3.14
Enterprise Value/Market Cap1.97
Enterprise Value/Revenue1.04
Enterprise Value/Gross Profit2.93
Enterprise Value/Ebitda-5.58
Forecast
1Y Price Target
$0.18Price Target Upside20.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.03
Revenue Forecast (FY)$92.43M
Bulls Say, Bears Say
Bulls Say
Regulatory Tax ReliefFederal rescheduling to Schedule III materially improves tax treatment for Florida (≈40% of revenue), reducing 280E constraints. This structural change should sustainably increase after-tax margins and cash flow generation for the company’s largest market over coming quarters.
Cost Reduction / G&A DisciplineSustained reductions in G&A and S&M demonstrate permanent cost rationalization, lowering the fixed cost base. This improves operating leverage, making the business more resilient to demand fluctuations and shortening the runway to adjusted EBITDA breakeven if revenue stabilizes.
Higher‑Margin Product Mix (BHO)Bringing BHO concentrate production online shifts product mix toward higher‑margin manufactured goods. Over the medium term, this should raise gross margins and comparable store economics, improving sustained cash generation and lowering reliance on lower-margin categories.
Bears Say
Persistent Cash BurnMulti‑quarter negative operating and free cash flow indicate ongoing cash burn and reliance on external financing. This undermines financial flexibility, constrains reinvestment, and raises execution risk if anticipated margin and tax benefits take longer to materialize.
Rising LeverageA materially higher debt-to-equity ratio increases financial risk and interest obligations, limiting strategic options. With negative profitability and shrinking equity, leverage elevates the chance of covenant pressure or costly refinancing during periods of continued weak cash flow.
Large Uncertain Tax LiabilityA ~$37M uncertain tax liability creates potential retrospective cash outflows and accounting volatility. Even with rescheduling improvements, unresolved IRS/Treasury guidance and timing risk mean this reserve could constrain cash conversion and distract management from operational priorities.
Planet 13 Holdings News
PLNH FAQ
What was Planet 13 Holdings, Inc.’s price range in the past 12 months?
Planet 13 Holdings, Inc. lowest stock price was $0.12 and its highest was $0.50 in the past 12 months.
What is Planet 13 Holdings, Inc.’s market cap?
Planet 13 Holdings, Inc.’s market cap is $50.99M.
When is Planet 13 Holdings, Inc.’s upcoming earnings report date?
Planet 13 Holdings, Inc.’s upcoming earnings report date is Aug 18, 2026 which is in 81 days.
How were Planet 13 Holdings, Inc.’s earnings last quarter?
Planet 13 Holdings, Inc. released its earnings results on May 13, 2026. The company reported -$0.02 earnings per share for the quarter, missing the consensus estimate of -$0.013 by -$0.007.
Is Planet 13 Holdings, Inc. overvalued?
According to Wall Street analysts Planet 13 Holdings, Inc.’s price is currently Undervalued.
Does Planet 13 Holdings, Inc. pay dividends?
Planet 13 Holdings, Inc. does not currently pay dividends.
What is Planet 13 Holdings, Inc.’s EPS estimate?
Planet 13 Holdings, Inc.’s EPS estimate is -0.01.
How many shares outstanding does Planet 13 Holdings, Inc. have?
Planet 13 Holdings, Inc. has 328,604,130 shares outstanding.
What happened to Planet 13 Holdings, Inc.’s price movement after its last earnings report?
Planet 13 Holdings, Inc. reported an EPS of -$0.02 in its last earnings report, missing expectations of -$0.013. Following the earnings report the stock price went down -3.497%.
Which hedge fund is a major shareholder of Planet 13 Holdings, Inc.?
Currently, no hedge funds are holding shares in PLNH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Planet 13 Holdings Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$0.18 (20.30% Upside)
$0.18 (20.30% Upside)
Blogger Sentiment
Bullish
PLNH Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $14.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-36.36%
12-Months-Change
Fundamentals
Return on Equity
-112.30%
Trailing 12-Months
Asset Growth
-27.91%
Trailing 12-Months
Company Description
Planet 13 Holdings, Inc.
Planet 13 Holdings Inc., an integrated cannabis company, engages in the cultivation, production, distribution, and marketing of cannabis and cannabis-infused products for medical and retail cannabis markets in Nevada, the United States. The company also operates licensed cannabis dispensaries; non-cannabis retail merchandise store and event space; and owns and operates Trece Eatery + Spirits, coffee shop and pizzeria. In addition, it provides consultation, education, and convenience services. The company owns and manufactures chocolates, gummies, sparkling beverages, vapes and concentrates, and flowers under the TRENDI, Leaf & Vine, Dreamland, and HaHa, and Medizin brands. Planet 13 Holdings Inc. is headquartered in Las Vegas, Nevada.
PLNH Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call describes a transition quarter with identifiable and actionable positives that are expected to drive improvement. Key positives include meaningful federal regulatory change (medical rescheduling to Schedule III) that materially improves tax treatment for the company's largest market (Florida, ~40% of revenue), tangible cost reductions (G&A down nearly $3M YoY), gross margin momentum (adjusted improvement versus prior quarter), DAZED! strength (+~47% YoY), Nevada wholesale sequential recovery (+~41%), and an upcoming BHO concentrate contribution expected to lift margins. Offsetting these positives are Q1 transitional impacts (sequential revenue decline of ~16.3% driven by the California divestiture and one‑time loyalty benefit absence), an increased adjusted EBITDA loss (‑$2.3M), a sizeable uncertain tax position (~$37M) while guidance and retrospective tax relief remain unresolved, continued weak Las Vegas tourism (~7% below 2024) and short‑term margin dilution from CA inventory sales. Management frames Q2 as the first quarter expected to reflect the repositioned business without transition drag and points to regulatory and product drivers that should improve cash flow and profitability through 2026. On balance, the transformational regulatory change and operational cost progress weigh heavily in favor of improvement, while notable near‑term financial and macro headwinds create execution and timing risk.View all PLNH earnings summariesPLNH Stock 12 Month Forecast
Average Price Target
$0.18
▲(20.30% Upside)
Technical Analysis
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Ownership Overview
28.98% Insiders
<0.01% Other Institutional Investors
71.01% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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