Planet 13 Holdings, Inc. (TSE:PLTH)
OTHER OTC:PLTH
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PLTH Stock Chart & Stats
C$0.21
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.21
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.18 - C$0.68
Previous CloseN/A
Volume55.66K
Average Volume (3M)76.42K
Market Cap
C$65.72M
Enterprise ValueC$95.74M
Total Cash (Recent Filing)C$16.27M
Total Debt (Recent Filing)C$54.13M
Price to Earnings (P/E)―
Beta2.32
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. Volume97,417
30 Day Avg. Volume76,419
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.25Price Target Upside19.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.04
Revenue Forecast (FY)C$127.02M
Bulls Say, Bears Say
Bulls Say
Federal Rescheduling (Schedule III)The April rescheduling to Schedule III materially improves federal tax treatment for Florida operations (≈40% of revenue), removing 280E headwinds going forward. This change should sustainably boost after-tax margins and cash flow for the company’s largest market, improving reinvestment and deleveraging prospects over the next several quarters.
Higher-margin BHO Product RolloutThe BHO concentrate production ramp is a structural product-mix improvement: concentrates typically carry higher gross margins and can increase basket value. Introducing in-state manufacturing strengthens vertical integration, supports wholesale and retail margins, and should deliver durable gross-margin benefit into the back half of 2026 and beyond.
G&A Cuts And Operating DisciplineMeaningful G&A reductions and near-breakeven operating cash flow indicate stronger cost control and operational discipline. With modest capex guidance and a cash buffer, management has increased runway and can prioritize margin recovery and product investments rather than aggressive expansion, supporting more resilient fundamentals over the medium term.
Bears Say
Persistent Cash Burn & Weak ProfitabilityTrailing metrics show sustained negative operating and free cash flow with very deep net losses. This persistent cash burn constrains strategic flexibility, increases financing needs, and raises execution risk for margin recovery initiatives; absent durable positive cash conversion, balance-sheet stress could intensify over months.
Rising Leverage And Weakened Balance SheetLeverage has increased materially versus prior years, with debt now exceeding equity. Higher leverage elevates fixed obligations, reduces financial flexibility, and limits the company's ability to pursue growth or absorb shocks. If operational improvement lags, refinancing and interest pressures could constrain recovery plans.
Large Uncertain Tax LiabilityA ~$37M uncertain tax position creates substantial balance-sheet and cash-flow ambiguity. Outcomes depend on Treasury/IRS guidance and retrospective relief, which remain unresolved. Potential retroactive liabilities or adjustments could materially affect liquidity, reported earnings, and the timing of expected tax benefits.
Planet 13 Holdings News
PLTH FAQ
What was Planet 13 Holdings, Inc.’s price range in the past 12 months?
Planet 13 Holdings, Inc. lowest stock price was C$0.18 and its highest was C$0.68 in the past 12 months.
What is Planet 13 Holdings, Inc.’s market cap?
Planet 13 Holdings, Inc.’s market cap is C$65.72M.
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 68 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 -C$0.027 earnings per share for the quarter, missing the consensus estimate of -C$0.018 by -C$0.009.
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 -C$0.027 in its last earnings report, missing expectations of -C$0.018. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Planet 13 Holdings, Inc.?
Currently, no hedge funds are holding shares in TSE:PLTH
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:
C$0.25 (19.05% Upside)
C$0.25 (19.05% Upside)
Blogger Sentiment
Bullish
TSE:PLTH Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth C$19.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 4.1%
Last 30 Days ▼ 4.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.47%
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. operates as a vertically integrated cannabis company, overseeing the cultivation, manufacturing, distribution, and marketing of cannabis and infused products. Its primary focus is serving both the medical and recreational marijuana markets within Nevada, U.S. Beyond its core cannabis activities, the company manages licensed cannabis dispensaries, a retail store for general merchandise, and an event space. Planet 13 further expands its portfolio by owning and operating hospitality venues, including Trece Eatery + Spirits, a coffee shop, and a pizzeria. Additionally, it offers consulting, educational resources, and various convenience services. The company is responsible for producing a diverse range of cannabis items such as chocolates, gummies, sparkling beverages, vapes, concentrates, and raw flower, which are marketed under its proprietary brands: TRENDI, Leaf & Vine, Dreamland, HaHa, and Medizin. The corporate headquarters for Planet 13 Holdings Inc. are situated in Las Vegas, Nevada.
PLTH 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 TSE:PLTH earnings summariesPLTH Stock 12 Month Forecast
Average Price Target
C$0.25
▲(19.05% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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