HITI Stock Summary and Trading Ideas (High Tide - Common Shares | NASDAQ:HITI)

High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.

High Tide - Common Shares trades on the NASDAQ stock market under the symbol HITI.

As of June 18, 2026, HITI stock price declined to $2.31 with 556,871 million shares trading.

HITI has a beta of 0.95, meaning it tends to be less sensitive to market movements. HITI has a correlation of 0.05 to the broad based SPY ETF.

HITI has a market cap of $202.91 million. This is considered a Small Cap stock.

Last quarter High Tide - Common Shares reported $131 million in Revenue and $.01 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.03.

In the last 3 years, HITI traded as high as $4.06 and as low as $1.14.

HITI has underperformed the market in the last year with a return of +2.7%, while the SPY ETF gained +26.2%. In the last 3 month period, HITI fell short of the market, returning -7.2%, while SPY returned +11.6%. However, in the most recent 2 weeks HITI has outperformed the stock market by returning -0.4%, while SPY returned -1.0%.

HITI support price is $2.31 and resistance is $2.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HITI shares will trade within this expected range on the day.