Tilray Brands (NASDAQ:TLRY) Stock Price Up 1.6% – Here’s Why

Posted by Francis Steltz on Jun 4th, 2026

Tilray Brands, Inc. (NASDAQ:TLRY – Get Free Report)’s share price was up 1.6% on Thursday . The stock traded as high as $5.28 and last traded at $5.19. Approximately 2,969,162 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 4,352,233 shares. The stock had previously closed at $5.11.

Wall Street Analyst Weigh In

Several analysts have weighed in on TLRY shares. Roth Mkm raised shares of Tilray Brands from a “neutral” rating to a “buy” rating and set a $10.00 price target for the company in a research note on Thursday, April 2nd. Zacks Research raised shares of Tilray Brands from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. TD Cowen lowered their price target on shares of Tilray Brands from $10.00 to $7.00 and set a “buy” rating for the company in a research note on Monday, March 30th. Weiss Ratings downgraded shares of Tilray Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 13th. Finally, ATB Cormark Capital Markets lowered their price target on shares of Tilray Brands from $9.50 to $9.00 and set a “sector perform” rating for the company in a research note on Thursday, April 2nd. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Tilray Brands currently has an average rating of “Hold” and an average price target of $11.50.

View Our Latest Analysis on Tilray Brands

Tilray Brands Stock Performance

The firm has a market cap of $604.89 million, a P/E ratio of -0.38 and a beta of 1.88. The company has a current ratio of 2.79, a quick ratio of 1.66 and a debt-to-equity ratio of 0.19. The business’s fifty day simple moving average is $6.14 and its 200-day simple moving average is $7.73.

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

Insider Transactions at Tilray Brands

In other Tilray Brands news, Director David G. Hopkinson sold 33,556 shares of the firm’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $6.94, for a total value of $232,878.64. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.84% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Tilray Brands

A number of large investors have recently added to or reduced their stakes in TLRY. Hilton Head Capital Partners LLC bought a new stake in Tilray Brands during the fourth quarter worth about $38,000. Pictet Asset Management Holding SA boosted its stake in Tilray Brands by 38.9% during the first quarter. Pictet Asset Management Holding SA now owns 18,387 shares of the company’s stock worth $119,000 after acquiring an additional 5,145 shares in the last quarter. Schonfeld Strategic Advisors LLC boosted its stake in Tilray Brands by 4.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 144,358 shares of the company’s stock worth $1,304,000 after acquiring an additional 6,182 shares in the last quarter. Baader Bank Aktiengesellschaft boosted its stake in Tilray Brands by 17.7% during the first quarter. Baader Bank Aktiengesellschaft now owns 47,938 shares of the company’s stock worth $293,000 after acquiring an additional 7,226 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in Tilray Brands by 14.3% during the fourth quarter. IFP Advisors Inc now owns 60,318 shares of the company’s stock worth $545,000 after acquiring an additional 7,541 shares in the last quarter. Institutional investors own 9.35% of the company’s stock.

About Tilray Brands

(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.

Tilray’s product lineup includes cannabis flower, pre-rolls, oils and tinctures, vapes, edibles and topicals, as well as hemp-derived cannabidiol (CBD) products.