Tilray Brands (NASDAQ:TLRY) Trading Down 5% – Time to Sell?

Posted by Brenda Bartman on Jun 5th, 2026

Tilray Brands, Inc. (NASDAQ:TLRY – Get Free Report) dropped 5% on Wednesday . The company traded as low as $5.11 and last traded at $5.11. Approximately 3,278,534 shares were traded during trading, a decline of 25% from the average daily volume of 4,361,467 shares. The stock had previously closed at $5.38.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TLRY. ATB Cormark Capital Markets reduced their target price on shares of Tilray Brands from $9.50 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, April 2nd. Weiss Ratings cut shares of Tilray Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 13th. Wall Street Zen raised shares of Tilray Brands from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Roth Mkm raised shares of Tilray Brands from a “neutral” rating to a “buy” rating and set a $10.00 price objective on the stock in a research report on Thursday, April 2nd. Finally, Zacks Research raised shares of Tilray Brands from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $11.50.

Get Our Latest Analysis on TLRY

Tilray Brands Price Performance

The company has a quick ratio of 1.66, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. The business’s 50 day simple moving average is $6.11 and its two-hundred day simple moving average is $7.69. The stock has a market capitalization of $575.75 million, a P/E ratio of -0.36 and a beta of 1.88.

Tilray Brands (NASDAQ:TLRY – Get Free Report) last released its quarterly earnings results on Wednesday, April 1st. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.10). The firm had revenue of $206.73 million for the quarter, compared to the consensus estimate 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 in the previous year, the business earned ($0.87) earnings per share. As a group, sell-side analysts forecast that Tilray Brands, Inc. will post -0.58 earnings per share for the current fiscal year.

Insider Activity

In other Tilray Brands news, Director David G. Hopkinson sold 33,556 shares of the business’s stock in a transaction on Tuesday, April 21st. The stock was 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 can be accessed through this hyperlink. 0.84% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Tilray Brands

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tudor Investment Corp ET AL purchased a new stake in Tilray Brands in the 3rd quarter worth approximately $518,000. Optiver Holding B.V. increased its holdings in shares of Tilray Brands by 239.4% in the 3rd quarter. Optiver Holding B.V. now owns 224,049 shares of the company’s stock worth $388,000 after buying an additional 158,041 shares during the last quarter. Cresset Asset Management LLC increased its holdings in shares of Tilray Brands by 72.1% in the 3rd quarter. Cresset Asset Management LLC now owns 501,989 shares of the company’s stock worth $868,000 after buying an additional 210,267 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Tilray Brands by 99,204,800.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 992,049 shares of the company’s stock worth $1,716,000 after buying an additional 992,048 shares during the last quarter. Finally, Zuckerman Investment Group LLC bought a new position in shares of Tilray Brands in the 3rd quarter worth $147,000. 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.