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High Tide Inc. (HITI) Suffers a Larger Drop Than the General Market: Key Insights

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In the latest close session, High Tide Inc. (HITI - Free Report) was down 2.1% at $3.50. The stock fell short of the S&P 500, which registered a loss of 0.43% for the day. On the other hand, the Dow registered a loss of 0.77%, and the technology-centric Nasdaq decreased by 0.22%.

Prior to today's trading, shares of the company had gained 54.54% outpaced the Medical sector's gain of 3.94% and the S&P 500's gain of 2.65%.

Market participants will be closely following the financial results of High Tide Inc. in its upcoming release. The company plans to announce its earnings on September 15, 2025. The company's earnings per share (EPS) are projected to be $0, reflecting a 100% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $107.31 million, indicating a 11.73% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of -$0.04 per share and a revenue of $421.94 million, demonstrating changes of 0% and +10.67%, respectively, from the preceding year.

Any recent changes to analyst estimates for High Tide Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 25% higher. High Tide Inc. is currently sporting a Zacks Rank of #2 (Buy).

The Medical - Products industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 41% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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