Tilray Brands (NASDAQ:TLRY) Shares Climb 1.6% – Here’s What Happened

Tilray Brands, Inc. (NASDAQ:TLRY) was up 1.6% on Tuesday. The company traded as high as $3.84 and last traded at $3.78. 3,601,981 shares changed hands during trading, a decline of 14% from the average session volume of 4,211,350 shares. The stock had previously closed at $3.72.

Tilray Brands News Summary

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

• Positive Sentiment: Tilray reported record fiscal first-quarter revenue of approximately $257 million, up 23% year over year. Gross profit increased 35% to $77.5 million, while gross margin expanded to 30% from 27%. Tilray fiscal first-quarter results
• Positive Sentiment: Growth was led by Tilray’s beverage business, which generated $101 million in revenue with a 41% gross margin. International momentum was also strong, including 71% year-over-year growth in EMEA revenue, driven by medical cannabis, beverage and pharmaceutical distribution.
• Positive Sentiment: The company reduced outstanding debt by $42 million during the fiscal year and ended the quarter with a net cash position. Management reaffirmed fiscal 2027 adjusted EBITDA guidance of $68 million to $75 million, supporting the case for improving financial flexibility.
• Positive Sentiment: BrewDog, owned by Tilray, reported strong retail momentum: Punk IPA and Hazy Jane sales across six major U.K. retailers were 2.87 times the prior-year level during a comparable two-week period. BrewDog also added more than 9,000 distribution points and eight on-trade partnerships. BrewDog Choose Craft campaign
• Neutral Sentiment: Tilray’s reported adjusted loss of $0.02 per share was better than the consensus estimate for a $0.18 loss, but the company remains unprofitable, with a negative net margin and return on equity.
• Negative Sentiment: Revenue of $257.1 million fell short of analysts’ $266.3 million estimate. Reports also indicated a larger-than-expected GAAP loss, with Zacks citing a loss of $0.32 per share versus an expected $0.19 loss.
• Negative Sentiment: The cannabis segment—the business most closely associated with Tilray—declined, overshadowing growth in beverages and international operations. This raised concerns that the company’s headline revenue growth may not translate into stronger performance in its core cannabis business.
• Negative Sentiment: TD Securities lowered its price target to C$6.50 while maintaining a Buy rating, signaling reduced near-term expectations even as the analyst remains constructive on the longer-term outlook. TD price target update

Analysts Set New Price Targets

A number of research analysts have commented on TLRY shares. TD Cowen reduced their price target on shares of Tilray Brands from $7.00 to $5.00 and set a “buy” rating on the stock in a research report on Tuesday, July 14th. Wall Street Zen lowered shares of Tilray Brands from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Weiss Ratings lowered shares of Tilray Brands from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, September 21st. TD Securities upgraded shares of Tilray Brands to a “strong-buy” rating in a research report on Friday, July 31st. Finally, Zacks Research lowered shares of Tilray Brands from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Tilray Brands currently has a consensus rating of “Hold” and a consensus target price of $6.38.

Tilray Brands Stock Down 2.6%

The stock has a market cap of $492.36 million, a P/E ratio of -3.34 and a beta of 1.91. The company has a quick ratio of 1.37, a current ratio of 2.21 and a debt-to-equity ratio of 0.22. The company has a 50-day simple moving average of $4.32 and a two-hundred day simple moving average of $5.05.

Tilray Brands (NASDAQ:TLRY) last issued its earnings results on Thursday, October 8th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.16. The company had revenue of $257.15 million for the quarter, compared to the consensus estimate of $266.26 million. Tilray Brands had a negative net margin of 13.11% and a negative return on equity of 7.76%. On average, equities analysts forecast that Tilray Brands, Inc. will post -0.48 EPS for the current year.

Insider Buying and Selling at Tilray Brands

In other news, CFO Carl Merton bought 10,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was bought at an average cost of $4.62 per share, for a total transaction of $46,200.00. Following the completion of the acquisition, 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 position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have bought 15,000 shares of company stock worth $69,225 in the last ninety days. Corporate insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TLRY. Engineers Gate Manager LP increased its stake in shares of Tilray Brands by 124.1% during the second quarter. Engineers Gate Manager LP now owns 60,839 shares of the company’s stock valued at $273,000 after buying an additional 33,688 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Tilray Brands in the second quarter valued at $27,000. Squarepoint Ops LLC bought a new stake in Tilray Brands in the second quarter valued at $192,000. Amundi purchased a new position in Tilray Brands during the 2nd quarter valued at $131,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Tilray Brands in the 2nd quarter worth $75,000. Hedge funds and other institutional investors own 9.35% of the company’s stock.

Tilray Brands Company Profile

Tilray Brands, Inc is a global consumer packaged goods company focused on cannabis, beverage alcohol, wellness and consumer products. The company develops, produces, distributes and markets a range of cannabis products, including dried flower, pre-rolls, vapes, edibles and medical cannabis products, subject to applicable regulations in the markets it serves.

Tilray also operates beverage alcohol businesses, including craft beer, spirits and other alcoholic beverages. Its portfolio has included brands such as SweetWater Brewing Company, Montauk Brewing Company and Breckenridge Distillery.