Tilray Brands (NASDAQ:TLRY) Stock Price Down 1.8% – Should You Sell?

08 May 2026, 17:40 by Amy Steele · The Cerbat Gem

Shares of Tilray Brands, Inc. (NASDAQ:TLRY – Get Free Report) traded down 1.8% during mid-day trading on Friday . The company traded as low as $5.48 and last traded at $5.56. 4,296,055 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 4,594,854 shares. The stock had previously closed at $5.66.

Wall Street Analysts Forecast Growth

TLRY has been the subject of a number of analyst reports. Canaccord Genuity Group started coverage on shares of Tilray Brands in a report on Tuesday, January 27th. They set a “hold” rating for the company. Zacks Research raised Tilray Brands from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Roth Mkm raised Tilray Brands from a “neutral” rating to a “buy” rating and set a $10.00 price target on the stock in a research note on Thursday, April 2nd. TD Cowen decreased their price objective on Tilray Brands from $10.00 to $7.00 and set a “buy” rating for the company in a report on Monday, March 30th. Finally, Wall Street Zen raised Tilray Brands from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $11.50.

Check Out Our Latest Analysis on TLRY

Tilray Brands Trading Down 1.8%

The stock has a market cap of $648.01 million, a PE ratio of -0.41 and a beta of 1.94. The firm has a 50-day moving average price of $6.80 and a 200-day moving average price of $8.80. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.66 and a current ratio of 2.79.

Tilray Brands (NASDAQ:TLRY – Get Free Report) last announced its quarterly earnings data on Wednesday, April 1st. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.10). The firm had revenue of $206.73 million for the quarter, compared to analysts’ expectations of $201.35 million. Tilray Brands had a negative net margin of 156.51% and a negative return on equity of 3.31%. During the same period last year, the company posted ($0.87) earnings per share. As a group, equities analysts anticipate that Tilray Brands, Inc. will post -0.58 EPS for the current fiscal year.

Insider Activity at Tilray Brands

In related news, Director David G. Hopkinson sold 33,556 shares of the firm’s stock in a transaction that occurred on Tuesday, April 21st. The shares were sold at an average price of $6.94, for a total transaction of $232,878.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.84% of the stock is currently owned by insiders.

Institutional Trading of Tilray Brands

A number of institutional investors have recently made changes to their positions in the stock. Hilton Head Capital Partners LLC bought a new stake in shares of Tilray Brands in the fourth quarter worth approximately $38,000. Pictet Asset Management Holding SA boosted its holdings in Tilray Brands by 38.9% in the first quarter. Pictet Asset Management Holding SA now owns 18,387 shares of the company’s stock worth $119,000 after purchasing an additional 5,145 shares during the last quarter. Schonfeld Strategic Advisors LLC boosted its holdings in Tilray Brands by 4.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 144,358 shares of the company’s stock worth $1,304,000 after purchasing an additional 6,182 shares during the last quarter. Baader Bank Aktiengesellschaft grew its position in Tilray Brands by 17.7% in the 1st quarter. Baader Bank Aktiengesellschaft now owns 47,938 shares of the company’s stock worth $293,000 after purchasing an additional 7,226 shares during the period. Finally, IFP Advisors Inc grew its position in Tilray Brands by 14.3% in the 4th quarter. IFP Advisors Inc now owns 60,318 shares of the company’s stock worth $545,000 after purchasing an additional 7,541 shares during the period. Hedge funds and other institutional investors own 9.35% of the company’s stock.

Tilray Brands Company Profile

(Get Free Report)

Tilray Brands, Inc is a global cannabis-lifestyle and consumer packaged goods company engaged in the cultivation, production, distribution and sale of cannabis and cannabinoid-based products. The company develops and markets a diverse portfolio of branded products spanning medical cannabis, adult-use recreational products and wellness offerings. Through state-of-the-art cultivation facilities, research and development efforts, and quality control systems, Tilray Brands aims to deliver consistent, scalable products for a range of patient and consumer needs.