High Tide Inc. (HITI) projects a significant revenue increase for Q3 2025, with a forecast of CAD 147-150 million, a 12-14% YoY growth. Analysts predict a strong upside potential, with an average one-year price target of $4.98, a 87.35% increase from the current price of $2.66. However, GuruFocus estimates a GF Value of $2.33, a 12.41% decrease from the current price.
Title: High Tide Inc. Projects Strong Q3 2025 Revenue Growth
High Tide Inc. (HITI), a leading cannabis enterprise, has announced preliminary guidance for its third fiscal quarter ended July 31, 2025. The company expects record revenue and significant sequential Adjusted EBITDA growth, with a projected increase in same-store sales of 7.4%. This marks the fastest growth rate in two years for the company [1].
The company anticipates revenue of CAD 147-150 million for the quarter, representing a 12-14% year-over-year (YoY) growth. Analysts predict a strong upside potential, with an average one-year price target of $4.98, an 87.35% increase from the current price of $2.66. However, GuruFocus estimates a GF Value of $2.33, a 12.41% decrease from the current price [2].
High Tide's growth is driven by its strong core Canadian business and recent expansion into Germany through the acquisition of a majority stake in Remexian Pharma GmbH. The company aims to build the next global cannabis powerhouse, leveraging its diverse and fully-integrated operations across all components of cannabis, including retail, technology, accessories, brands, and wholesale distribution [1].
The company will release full financial and operational results for the third fiscal quarter on September 15, 2025, after markets close, with a webcast and conference call scheduled for the following morning [1].
References
[1] High Tide Inc. (2025). High Tide Announces Preliminary Q3 2025 Guidance. Retrieved from https://hightideinc.com/high-tide-announces-preliminary-q3-2025-guidance/
[2] GuruFocus. (2025). High Tide Inc. (HITI) Stock Analysis. Retrieved from https://gurufocus.com/stock/HITI
Comments
No comments yet