Tilray Brands (NASDAQ:TLRY) Trading Up 8.1% – Here’s What Happened

Posted by Francis Steltz on Aug 11th, 2026

Shares of Tilray Brands, Inc. (NASDAQ:TLRY – Get Free Report) were up 8.1% during mid-day trading on Tuesday . The company traded as high as $4.78 and last traded at $4.78. 5,542,429 shares traded hands during mid-day trading, an increase of 28% from the average session volume of 4,335,643 shares. The stock had previously closed at $4.42.

Key Stories Impacting Tilray Brands

Here are the key news stories impacting Tilray Brands this week:

Positive Sentiment: Cannabis-sector takeover speculation: Curaleaf’s reported plan to pursue Aurora Cannabis prompted renewed interest in cannabis equities, supporting TLRY’s move higher. Tilray Brands stock rises as Curaleaf plots hostile takeover for Aurora
Positive Sentiment: Hi*Ball expands in the U.K.: Tilray’s zero-sugar energy brand became the Official Energy Drink Partner of Wolverhampton Wanderers for the upcoming English Football League Championship season. The partnership should increase brand visibility and consumer access in the U.K., although its near-term financial impact is uncertain. Hi*Ball Energy partnership with Wolverhampton Wanderers
Positive Sentiment: New beverage launches: Breckenridge Distillery introduced Peach Whiskey, adding a locally sourced flavored product to Tilray’s craft spirits portfolio and broadening its consumer packaged goods offering. Breckenridge Peach Whiskey launch
Positive Sentiment: Revenue growth outlook: Tilray is targeting approximately $1 billion in annual revenue after reporting 11% fiscal-year growth. Management points to international cannabis opportunities and U.S. craft beer as potential growth drivers. Tilray targets $1 billion in annual revenue
Neutral Sentiment: BrewDog marketing campaign: Tilray-owned BrewDog launched “Park IPA,” supported by advertising, retail promotions, Deliveroo sampling and bar vouchers in London. The campaign may improve seasonal brand engagement, but its effect on consolidated results is not yet clear. BrewDog launches Park IPA campaign
Negative Sentiment: Terrapin brewery closure: Tilray plans to cease brewing at its Terrapin site in Georgia and shift production to other network breweries. The move could improve efficiency, but it also signals restructuring and potential disruption or impairment costs. Tilray to cease brewing at Terrapin site

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. TD Securities upgraded shares of Tilray Brands to a “strong-buy” rating in a report on Friday, July 31st. Weiss Ratings lowered Tilray Brands from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 13th. TD Cowen reduced their price objective on Tilray Brands from $7.00 to $5.00 and set a “buy” rating for the company in a research report on Tuesday, July 14th. Finally, Wall Street Zen downgraded Tilray Brands from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $11.00.

Check Out Our Latest Stock Analysis on Tilray Brands

Tilray Brands Stock Up 8.1%

The stock has a market cap of $651.04 million, a price-to-earnings ratio of -4.43 and a beta of 1.90. The business has a fifty day moving average of $4.56 and a 200 day moving average of $6.03. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.21 and a quick ratio of 1.37.

Tilray Brands (NASDAQ:TLRY – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.42). The business had revenue of $281.71 million during the quarter, compared to analyst estimates of $246.30 million. Tilray Brands had a negative net margin of 13.11% and a negative return on equity of 7.76%. On average, equities analysts predict that Tilray Brands, Inc. will post -0.4 earnings per share for the current year.

Insider Buying and Selling at Tilray Brands

In other Tilray Brands news, CFO Carl A. Merton acquired 10,000 shares of Tilray Brands stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average price of $4.62 per share, with a total value of $46,200.00. Following the purchase, the chief financial officer owned 139,753 shares in the company, valued at approximately $645,658.86. This trade represents a 7.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders have acquired 15,000 shares of company stock worth $69,225. 0.84% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tilray Brands

Hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC lifted its position in shares of Tilray Brands by 1,839.7% in the first quarter. AQR Capital Management LLC now owns 607,054 shares of the company’s stock worth $399,000 after buying an additional 575,757 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Tilray Brands during the 2nd quarter valued at about $112,000. Cerity Partners LLC increased its holdings in shares of Tilray Brands by 98.5% during the 2nd quarter. Cerity Partners LLC now owns 92,560 shares of the company’s stock valued at $38,000 after acquiring an additional 45,929 shares during the last quarter. Ausdal Financial Partners Inc. bought a new position in shares of Tilray Brands in the 2nd quarter valued at approximately $939,000. Finally, Bank of America Corp DE lifted its holdings in Tilray Brands by 26.5% in the 2nd quarter. Bank of America Corp DE now owns 311,810 shares of the company’s stock worth $129,000 after purchasing an additional 65,379 shares during the last quarter. 9.35% of the stock is owned by institutional investors and hedge funds.

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.

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